Bank of America Merchant Services, a leader in payments, eCommerce and
security solutions, and Recurly, Inc., the enterprise-grade subscription
management platform, are teaming up to help merchants generate revenue
from subscribers and better measure their business health, subscriber
engagement and customer loyalty to drive profitability.
“Bank of America Merchant Services’ partnership with Recurly, provides
our subscription-based clients a competitive advantage by offering their
customers a simple solution to sign up for their service and includes
actionable insights to help them grow,” said Bank of America Merchant
Services CEO Tim Tynan.
Businesses that use Bank of America Merchant Services’ payments
processing and Recurly’s subscription management platform can benefit
from:
- The ability to accept payments on a global scale
-
Increased flexibility with a variety of customer subscription plans
and billing options -
Management of the full subscriber lifecycle from acquisition through
retention -
Better-informed business decisions as a result of in-depth analytics
and insights
“We’re delighted to be closely aligned with Bank of America Merchant
Services to serve the large and rapidly-growing subscription commerce
market,” said Recurly CEO Dan Burkhart. “As more businesses embrace the
subscription model, they’ll find a great fit in our complementary
capabilities.”
For additional information on how Bank of America Merchant Services can
help your business, visit https://merch.bankofamerica.com.
Find more tips to help you run your business more efficiently at www.facebook.com/bankofamericamerchantservices
and www.linkedin.com/company/bank-of-america-merchant-services/.
About Bank of America Merchant Services
Bank of America Merchant Services brings together market-leading
payment, eCommerce and security solutions to help businesses optimize
global digital commerce and improve their customer’s purchase journey.
The company processes 17.3 billion transactions at more than 700,000
merchant locations throughout the U.S., Canada and Europe. Bank of
America Merchant Services guides businesses from the Fortune 50 to
neighborhood establishments through the evolving world of payments.¹ To
learn more, please visit https://merch.bankofamerica.com/
or follow us on LinkedIn or Facebook.
About Recurly
Recurly, Inc. delivers an enterprise-grade subscription management
platform to manage the entire subscription lifecycle for market-leading
businesses worldwide. Businesses depend on Recurly’s ability to harness
the power of the subscription model and drive recurring revenue growth.
Since its launch in 2010, Recurly has deployed subscription billing for
thousands of companies across 32 countries, making it the most trusted
subscription management platform. Recurly, Inc. is PCI-DSS Level 1, SAS
70 / SSAE 18 Compliant. For more information, visit https://recurly.com.
¹ Per the Nilson report, March 2019, Issue #1149 and Bank of
America Merchant Services data, March 2019
Bank of America Merchant Services and Recurly are separate, unaffiliated
companies offering complementary services. They would provide merchants
their services in this solution under separate contracts.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190506005377/en/