mPayments solution provider mopay has added an extended recurring billing feature to its platform – the first of its kind, according to the company. The added functionality provides online merchants who offer subscription-based services and content with a daily, weekly or monthly payment option.
“mopay’s recurring billing option opens up a new avenue for online merchants to combine their offers with an easy-to-use payment method while simultaneously expanding global reach,” says Ingo Lippert, CEO of MindMatics, the operator of mopay. “As online content continues to grow, so does consumer demand; thus it behooves online merchants to offer their customers convenient, safe and fast payment solutions that make the purchase process easy, resulting in more completed transactions.” 
The functionality will be rolled out across 80 countries over the next 12 months.
