trends in online payments: donations to recurring payments at wordcamp netherlands
TRANSCRIPT
![Page 5: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/5.jpg)
Getting permission to (automatically) charge a
customer on an ongoing basis.
[email protected] @davdebcom
![Page 6: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/6.jpg)
![Page 7: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/7.jpg)
![Page 8: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/8.jpg)
You’ll need to, ugh, brainstorm about this
Do you have products or services that could be subscription based?
[email protected] @davdebcom
![Page 9: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/9.jpg)
Works for WordPress site buildersAdd a source of recurring revenue
Build a website
Maintain & support
Ongoing relationship
[email protected] @davdebcom
![Page 11: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/11.jpg)
Research by MasterCard Advisors
Predictable revenue & better forecasting
[email protected] @davdebcom
![Page 13: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/13.jpg)
Adobe did it!
0
20
40
60
80
Closing stock USD Market Cap (billions USD) Percentage ARR
20122014
https://www.ariasystems.com/blog/the-no-bs-guide-to-recurring-revenue-success/
[email protected] @davdebcom
![Page 15: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/15.jpg)
Lower risk
A higher one time payment involves a bigger
risk for the consumer. They’ll think twice.
It’s easier to convince a consumer to make a
lower recurring payment.
[email protected] @davdebcom
![Page 16: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/16.jpg)
- get groceries - walk the dog
- make that payment!
- buy that new widget!
- charge the Tesla
[email protected] @davdebcom
![Page 17: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/17.jpg)
Can we get it done?
Easy for the merchantTechnically possible and cost effective
Easy for the customerA simple, digital, way to grant permission
[email protected] @davdebcom
![Page 18: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/18.jpg)
iDEAL workflowCustomers choose iDEAL (or credit card) as payment method
The first payment with iDEAL confirms the bank details (IBAN account number and name)
You can now process periodic payments with SEPA Direct Debit
1
2
3
€
[email protected] @davdebcom
![Page 24: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/24.jpg)
Mollie requirements
Company3 months old
Transactions6 months
Get started! Maximum€250
[email protected] @davdebcom
![Page 25: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/25.jpg)
WordPress? WooCommerce?WordPress pluginYou need a WordPress plugin that
manages subscriptions.
Payment pluginA payment plugin to connect site
to payment provider.
Payment providerA great payment provider with
recurring payments support.
[email protected] @davdebcom
![Page 26: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/26.jpg)
WooCommerce SubscriptionsLet customers subscribe to
your products or services
and pay periodically.
Mollie Payments for
WooCommerce: coming
soon.
[email protected] @davdebcom
![Page 29: Trends in online payments: donations to recurring payments at WordCamp Netherlands](https://reader031.vdocuments.us/reader031/viewer/2022030314/589e9b491a28ab9f728b6511/html5/thumbnails/29.jpg)
entrepreneur • developer • speaker
David de Boer
Simple iDEAL payments?
paytium.nl
Questions or WP development?
[email protected] @davdebcom