Poll: How do you bill recurring payments?

Re:Poll: How do you bill recurring payments? by tzs on Thursday February 10, 2011 @06:30AM (#2201576)

We keep the credit card numbers on file (yes, fully complying with PCI) and handle the recurring billing ourselves.

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Re:Poll: How do you bill recurring payments? by steveklabnik on Thursday February 10, 2011 @09:49AM (#2202066)

Impressive. Do you feel this is worth the money and effort? How big is the company?

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Re:Poll: How do you bill recurring payments? by tzs on Thursday February 10, 2011 @03:12PM (#2203497)

We peaked several years ago at around 100k credit card transaction a month, but that line of our business is in an area that is in decline generally (I don't want to go into detail since I'm not a spokesman for the company, but basically it involves selling something that some very big and powerful companies have a strong interest in making free as it is a compliment to their products).

I suspect that the smaller companies like us will be out of this line of business in a year or two, and even the big players will be out of it in 5. Nowadays we're down to about 20k transactions a month.

Back then, it was worth it both for cost and flexibility but now there are a lot more options so I'm going to reevaluate.

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