|Collecting Subscription Membership Fees | Membership Websites
For brand new membership website owners, PayPal is a recommended resource for recurring subscription payments. PayPal is a trusted leader in payment processing, and offers a good measure of flexibility to meet the needs of your business.
How Billing Cycles and Recurring Payments Work
Offering Trial Periods/Introductory Rates
Here's an example of a subscription with a 7 day trial period:
Since your goal is developing a business that will eventually almost run itself, PayPal is the perfect business partner for you. Visitors may make their payment automatically, without any involvement on your part, leaving you to focus on creating new content, or just doing the things you enjoy most.
How to Set Up Subscription Payments
To accept credit cards or payments from a bank account, you can:
1) Add a "Subscribe" button to your website
If you are asking your visitors to sign up for a $20 monthly subscription, adding a "Subscribe" button would be the way to go. If you are interested in selling ad space, where each subscription payment will be unique in price depending on ad size and placement on your website, creating a unique link and send it to your customer would be the best way to go.
Here are the steps you need to take once you have created a PayPal account:
1) Login to your PayPal account
If you are creating a unique link for an email, make sure you change the last option "button encryption" to "No". If you don't you won't get the email link.
Visit PayPal for more information on subscription payments.
by Andrew Fling
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