Easy Digital Downloads Recurring Payments
Are you already selling one-time digital products, but looking for a way to create stable, predictable revenue for your business? Easy Digital Downloads (EDD) Recurring Payments is the solution you need. With automated subscription billing, you can streamline your revenue and provide a better experience for your customers.
Recurring payments are a powerful tool for online businesses. They provide a stable and predictable income stream, which can help you make better decisions and plan for the future. Easy Digital Downloads Recurring Payments is the solution you need to create and manage automated subscriptions for your digital products.
Grow Your Business with Automated Subscription Sales
Automated billing reduces the hassle of requesting renewal payments or sending invoices every month or year. With fewer late or missing payments, your cash flow will be more consistent. Plus, you’ll reduce the risk of fraud by circulating less sensitive information. Finally, customer retention often increases because they don’t need to make new buying decisions or re-enter payment information.
Flexible Recurring Payments
Recurring Payments allows you to set up recurring payments on any product, with daily, weekly, monthly, quarterly, semi-annually, and yearly billing options. You can customize the recurring periods, the number of times they recur, and the price of your products with variable pricing options.
Automate your customer communication with customizable email notifications for subscription renewals, cancellations, failed payments, and more. By reminding your customers about subscription details, you’ll see fewer refunds and payment disputes, and you can even include reasons for renewing or upgrading to additional products.
Customers are more likely to remain loyal when they are not required to make a new buying decision or take the time to re-enter their payment information every month or year. With automated systems in place, customers receive notifications when their subscription is nearing renewal, or if their payment fails.
Multiple Payment Gateway Support
Recurring Payments is compatible with several payment gateways, including Stripe, PayPal, Authorize.net, and more. Our most popular payment gateway for EDD is Stripe Pro, which is fully integrated with Recurring Payments for easy subscription management.
Highly recommended to use with Stripe Payment Gateway extension. It’s our most popular premium gateway for Easy Digital Downloads and how this site itself processes most of its transactions. The Stripe partner program recognizes applications which meet their strict quality requirements and allows us to provide even better services to our customers.
View and manage your subscriptions with a complete interface, including search and filter options by customer or subscription status, such as active, pending, or cancelled. You can drill down to individual subscriptions to find payment information, add notes, and record manual payments with just a few clicks. Track your recurring revenue through beautiful, easy-to-read earnings graphs. Get a breakdown of new purchases and renewal payments to better understand your returning customer sales.
Customers can maintain multiple individual subscriptions for recurring digital products, making it easy to cancel or renew as needed from their account area on your site. Customers can have a complete dashboard for viewing and managing their subscriptions, including updating payment information, cancelling subscriptions, and renewing recently expired subscriptions.
All Access and Content Restriction
Recurring Payments is fully integrated with the All Access extension, that allows you you to sell memberships to your customers that give them access to all of your store’s products. Recurring Payments will automatically renew an access period for the customer when it expires. If you need to limit access to specific products or set different durations for each pass, you can do that too!
It is also integrated with the Content Restriction extension, making it possible for you to restrict posts, pages, bbPress forums, and more to only those users who have an active subscription and have not yet expired can access the restricted content. Offer exclusive content to your subscribers, giving them an added incentive to maintain their subscription. It’s a great way to boost customer retention and keep your revenue stream stable.
Software Licensing Integration
This integration is ideal for software developers or digital product creators who want to provide automatic license renewals for their customers. With this feature, you can ensure that your customers always have access to the latest version of your software, and you can reduce customer support requests by automatically handling license renewals. It’s a great way to increase customer satisfaction and reduce churn.
To use this feature, simply install the Software Licensing extension and configure your products to require a license key. Then, enable the Recurring Payments extension and set up your subscriptions. Your customers will automatically receive a new license key each time their subscription renews, making it easy for them to stay up-to-date with your software.