Revenue Optimization 1: Authorization rates, fraud and some things you should know about risk management
Available on Github now, Adyen’s Subscription Plugin for Magento will help our users such as gaming companies, digital content, and retailers, to give their customers the option to set up an automatic subscription, ensuring a significant positive effect on customer retention and recurring revenue.
For shoppers, the checkout experience remains almost the same except that on the checkout page, they are shown the option to subscribe, and only the relevant payment methods that can be used for subscription-based payment options are shown.
Shoppers also retain their ability to manage all of their subscriptions, including the ability to pause, resume, and cancel subscriptions.
Merchants can choose to set the subscription with a number of payments per day, week, or month.
In the Magento back office merchants can see the status of subscriptions, scheduled orders, order history, and even have the ability to change an order by adding items without impacting the ongoing subscription.
Adyen and Magento backoffices are seamlessly linked, meaning you can view summary transaction data directly on Magento Backoffice and easily switch to Adyen backoffice for detailed reporting and conversion analytics.
Note: Adyen’s Subscription Plugin is available only with the latest Adyen Magento Plugin 2.4.0.
Our plugins are built on open-source technology, and users can keep up-to-date with the latest features and fixes, and even open the fork and commit your own code changes, on Github.
By submitting this form, you acknowledge that you have reviewed the terms of our Privacy Statement and consent to the use of data in accordance therewith.