Subsription and Recurring Payments

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Recurring Orders, Profiles and Subscription Products Features, Functionality and Value Additions

Transcript of Subsription and Recurring Payments

Recurring Orders, Profiles and Subscription ProductsFeatures, Functionality and Value Additions

Basics

Subscription and Recurring Products

A subscription is a set of multiple transactions, or payments, created for the purchase of an installment-based payment plan. The payment gateway then generates payments for the subscription later, based on a specified payment schedule and subscription period.

Create subscription products using flexible settings and sell them on a recurring basis. It makes sense to offer subscription options for products that either constantly run out (pet food, water, toiletries, etc.)

or…every so often come in new editions (magazines, subscription boxes, collectibles, etc.).

Subscription and Recurring Products

For one, it saves customers the inconvenience of going through the buying process again and again and, most importantly, it saves them from switching to a different store in between purchases.

Recurring Products can be:

Magazines, Cosmetics, Grocery items, Coffee etc.

Features Overview

Features

Subscription Period - The product or service may be set to be delivered however often for however long, or even indefinitely*, until the customer cancels the recurring order himself.

Starting date - Flexible starting day allows to begin Magento recurring payments either at the moment of purchase, particular day of the month, or the date specified by the customer.

Features

Trial Fee - Specify the duration and cost of the trial period - lure the customers in with discounted prices or even by allowing free trial.

Initial fee (optional) - Set up a starting fee - a one time payment representing the cost of signing up for the subscription service.

Iteration fee - Iteration fee is charged to the customer every time the product or service is delivered.

Features

Payment processing - No need to go through a complicated payment set up - the Subscriptions & Recurring Payments extension supports external payment gateways, namely PayPal, Authorize.Net, and eWay.

Subscription tracking and editing - Each subscription is logged within the extension creating a list in backend, allowing you to sort and manage subscriptions however you see fit. On the customer’s side subscriptions may be viewed and edited from within the customer area.

Features

Block appearance - Each subscription block may be given a custom name and assigned a priority value defining its order of appearance within the frontend page.

Customer segmentation (optional) - Customers may be moved to a different customer group upon signing up for a particular subscription.

Subscription product type - This Magento subscription extension allows recurring billings for simple, downloadable, configurable, or virtual product types.

Features

Block appearance - Each subscription block may be given a custom name and assigned a priority value defining its order of appearance within the frontend page.

Customer segmentation (optional) - Customers may be moved to a different customer group upon signing up for a particular subscription.

Subscription product type - This Magento subscription extension allows recurring billings for simple, downloadable, configurable, or virtual product types.

Features

Email notifications

● Send automatic email notifications to admin or/and customer to inform about:

● new subscription● subscription status change● new order● subscription period expiration● next payment

Supported Payment Methods&Product Types

Supported Payment Methods

● eWay● Authorize.Net ARB (RECOMMENDED - Automatic Recurring Billing)● PayPal Express Checkout● PayPal Payments Pro (Express Checkout)● PayPal Payflow Link (Express Checkout)● PayPal Website Payments Pro (Express Checkout)● PayPal Website Payments Pro Hosted Solution (Express Checkout)

Supported Product Types

● Simple ● Downloadable ● Configurable ● Virtual ● Grouped (Not Supported)● Bundle (Not Supported)

Team Recommendations

Get AheadWorks’ Product SARP 2.x.x

● SARP 2.x.x is a famous magento extension developed by AheadWorks that PTG would recommend to install and implement

● All of the features and functionality covered by this presentation are part of SARP 2

● PTG dev team has a vast experience of implementing SARP 2 with setting up of recurring profiles, products and subscriptions with various payment methods.

● PTG team to provide front end and back end demonstration during this presentation.

SARP - Limitations and Points to consider

● PTG strongly recommends to implement SARP with selection of Payment Method as Authorize.net’s ARB.

● At the moment, Rene Furterer and Klorane use regular Authorize.net account and Paypal as payment methods and SARP works better with ARB. some issues may appear that recurring not created.

● For details on ARB, we recommend Pierre Fabre team to visit the following link: http://developer.authorize.net/api/reference/features/recurring_billing.html

SARP - Limitations and Points to consider

● Automatic Recurring Billing via Authorize.net

Automated Recurring Billing (ARB) enables you to automatically process installment-based credit card or eCheck.Net payments without having to store sensitive payment data, which is passed directly to Authorize.Net’s secure server.

SAP Integration team and PTG dev team have to look into its API to see integration area, if needed: http://developer.authorize.net/api/reference/index.html#recurring-billing

SARP - Limitations and Points to consider● Automatic Recurring Billing via Authorize.net

Automated Recurring Billing (ARB) enables you to automatically process installment-based credit card or eCheck.Net payments without having to store sensitive payment data, which is passed directly to Authorize.Net’s secure server.SAP Integration team and PTG dev team have to look into its API to see integration area, if needed: http://developer.authorize.net/api/reference/index.html#recurring-billing

http://confluence.aheadworks.com/download/attachments/3342482/SARP_1X_FAQ.pdf?api=v2

Resources and SARP Knowledge Base● Extension Link https://ecommerce.aheadworks.com/magento-extensions/subscriptions-and-

recurring-payments.html● Backend Walkthrough with Navigations: http://sarp2.demo.aheadworks.com/index.

php/aw_recurring_admin/adminhtml_subscription_type/index/● Front End Walkthrough with Regular Product (no subscription) http://sarp2.demo.aheadworks.

com/authorize/index.php/subscriptions/coffee.html ● Front End Walkthrough with Subscription Product: http://sarp2.demo.aheadworks.com/index.

php/subscriptions/life-is-a-game-magazine.html

Thanks!Contact us:

The Plum Tree GroupDevelopment Team

Ali MemonBusiness Analyst - Digital [email protected]