How Payments Orchestration Supports Recurring Payments

The benefits of subscription models are clear. Customers demand the reliability and predictability of receiving their shaving supplies, meal kits, makeup, clothing, pet food alongside their streaming media and news.

Merchants and platforms offering these subscriptions benefit as well with higher customer retention, better engagement, and more predictable revenue streams. However, the myriad of payments processes and service provider that support the subscription economy are complex and rapidly evolving.

a team is gathered around a desk and viewing a chart on a wall. there's a plant just to the left.
an image of someone holding a magnifying glass to a smart phone. inside the magnifying glass is a large United States Dollar symbol

Reduce Involuntary Churn

The lifetime value of a customer (LTV) is incredibly important to your organization. You know that once subscribed, your customers typically stay a subscriber.

Payments Orchestration helps reduce involuntary churn as a result of expiring or changing payment methods. Automate the update of saved payments methods and limit the times you need to go back to the customer for updates and keep their subscriptions active.

Improve Success Rates

Unlike one time purchases, subscription providers have the time to retry failed transactions without impacting customer experience. This provides you the opportunity to dramatically improve success rates — provided you have in place the right strategy.

Payments Orchestration allows merchants and platforms to transact with their preferred services in the most secure and compliant manner. This makes a strategy inclusive of multiple PSPs, smart routing, network tokenization, Account Updater, etc. possible. Welcome the right mix of payment participants and securely connect and transact without added development and maintenance.

Utilizing a strategy of cascading transactions through a series of payment processors to help improve success rates, one subscription-based customer added $3 million in recovered revenue in one year.  
a bar chart rising to the right with different colors for each bar
an illustration of credit cards and personal accounts, lined up in a grid

Integrate with Subscription Management Tools

Payments Orchestration complements subscription management services as a layer in the process that further enables payments flexibility and gives you access to the right combination of services needed for your organization and your customers.

Many subscription management services themselves leverage Payments Orchestration to help them easily add more value-added services to their platform. For a recurring billing platform who is typically working with large and growing merchants, they need to be able to easily connect to the merchant’s current gateways, PSPs, fraud vendors, etc. (Read more about how Chargebee is using Payments Orchestration.)

Reach out to our team to learn more about Spreedly's Payments Orchestration solutions, and how we can help your subscriptions-based business.

Automate failover of gateways

Online revenue matters to your business. So, you don’t want to waste a minute with a gateway that’s down. With Spreedly, you have the flexibility to instantly route transactions to other gateways to ensure revenue continuity.

a light bulb surrounded by a woman and currency symbols
mathias fonseca's photo
Hover me!
"Extremely clear documentation and awesome testing environment. It took me literally 20 minutes to test everything"
Mathias Fonseca
PedidosYa
peter moody's photo
"Spreedly has allowed us to keep our development time focused on improving our platform.”
Peter Moody
Equiant
Justin wheeler's photo
"Leaning on Spreedly's technology is going to allow you to get to market faster.”
Justin Wheeler
Funraise
armando rivas logo
"Cabify is a global business, working with different gateways. In this scenario, the fact of being informed about their behaviour is key, as minimal issues could lead to a severe economic impact."
Armando Rivas
Cabify
lance carlson's photo
"There's a lot of compliance and security issues that come along with taking payments. That's actually a big reason why we came to Spreedly."
Lance Carlson
HealPay
Testimonials

Hundreds of Happy Customers

See why 500+ innovative companies use Spreedly to orchestrate their payments.