Recurring payments for memberships/subscriptions

Purpose

1. Automate collection of recurring payments for memberships or subscriptions in aerial dance classes.

2. Ensure timely ongoing payments without manual intervention, reducing administrative workload.

3. Improve cash flow management and reduce payment delays or defaults.

4. Automatically update membership status based on payment outcomes.

5. Integrate payment notifications for both clients and administrators.

6. Track and reconcile all payment activities for accounting and reporting.

7. Enable flexibility to manage subscription tiers, upgrades, downgrades, and cancellations.

8. Maintain compliance with financial regulations and data security standards.

Trigger Conditions

1. New membership/subscription registration is successfully completed.

2. Membership renewal date is reached according to predefined interval (monthly, quarterly, annual, etc.).

3. Payment method is updated or changed by the member.

4. Notification of failed payment or expired payment method.

5. Manual administrative override for membership holds, cancellations, or promotions.

Platform Variants

1. Stripe

• Feature: Subscriptions API
• Sample: Configure webhook events for `invoice.payment_succeeded` and `invoice.payment_failed`

2. PayPal

• Feature: Subscriptions (REST API)
• Sample: Use `BILLING.SUBSCRIPTION.CREATED` and `BILLING.SUBSCRIPTION.CANCELLED` webhooks

3. Square

• Feature: Recurring Payments (Subscriptions API)
• Sample: Configure `subscription.created` and `invoice.payment_made` webhooks

4. Adyen

• Feature: Recurring Contracts API
• Sample: Set up notifications for `AUTHORISATION` and `RECURRING_CONTRACT` events

5. Braintree

• Feature: Subscription API
• Sample: Use `subscription_charged_successfully` and `subscription_charged_unsuccessfully` webhook notifications

6. GoCardless

• Feature: Subscriptions & Mandates
• Sample: Listen for `subscription_created` and `payment_failed` webhook events

7. Mollie

• Feature: Recurring Payments API
• Sample: Configure `payment.created` and `subscription.canceled` webhook endpoints

8. Recurly

• Feature: Billing Events Webhooks
• Sample: Use event webhooks such as `canceled_subscription_notification`

9. Authorize.Net

• Feature: Automated Recurring Billing (ARB)
• Sample: Set up Silent Post URLs for subscription updates

10. Chargebee

• Feature: Webhooks for Subscriptions
• Sample: Set webhooks for `payment_succeeded` and `renewal_failed`

11. Zoho Subscriptions

• Feature: API for Auto-Charge
• Sample: Configure `subscription_renewed` and `payment_failed` events

12. Paddle

• Feature: Webhooks for Subscription Payments
• Sample: Use `subscription_payment_succeeded` and `subscription_cancelled`

13. Razorpay

• Feature: Subscriptions API Webhooks
• Sample: Listen to `subscription.activated` and `subscription.halted` events

14. FreshBooks

• Feature: Recurring Payments
• Sample: Configure recurring invoices with auto-bill enabled

15. QuickBooks Online

• Feature: Recurring Sales Receipts
• Sample: Set recurring sales receipt and bank feed rules

16. Wave

• Feature: Recurring Billing
• Sample: Enable auto-payment on invoice templates

17. Xero

• Feature: Repeating Invoices
• Sample: Use `repeating invoice` with auto-billing

18. Paystack

• Feature: Subscriptions API
• Sample: Utilize `subscription.charge.success` webhook

19. Spreedly

• Feature: Subscription Gateway Integration
• Sample: Set gateway webhooks for recurring transactions

20. Worldpay

• Feature: Recurring Billing API
• Sample: Setup notifications for payment cycles and status changes

Benefits

1. Reduces late or missed payments through automation.

2. Minimizes staff intervention and administrative errors.

3. Enhances member experience with seamless payment journeys.

4. Improves transparency and traceability for every transaction.

5. Enables real-time alerts for payment issues or changes.

6. Supports flexible pricing and membership models.

7. Ensures data security and regulatory compliance in processing.