One of the nice things about running a membership- or subscription-based business is the relative predictability: x amount of revenues can be counted on each month to offset y amount of expenses. But this dependable payment stream comes with a specific set of payment processing needs, including customer relationship management, recurring billing, secure data storage, and multichannel payment acceptance. Of course, it’s also nice to keep costs as low as possible.
When it comes to these particular criteria, certain credit card processors are better options than others. That’s why we’ve put together the following list of the best merchant account providers for subscription and membership businesses. The providers on this list are able to provide recurring billing options, e-commerce solutions, secure customer data storage, and other useful services for a reasonable cost. More importantly, though, they all consistently receive positive feedback from merchants and third-party reviewers. In order to make sure you get the best deal, be sure to contact several providers on this list and compare their features and pricing.