Worldline Launches FlexPricing, Empowering Software Vendors to Maximize Revenue Streams

  • Payments
  • 19.12.2024 09:45 am

Worldline, a global leader in payment services, is proud to announce the launch of FlexPricing, a first-of-its-kind feature designed specifically for Independent Software Vendors (ISVs) to earn revenue in innovative and simple ways. With FlexPricing, software vendors can easily implement flexible pricing strategies that include charging a percentage fee on bank transfer transactions, adding custom fees, and letting Worldline take on their billing duties.

FlexPricing empowers partners to enhance their revenue models and optimize the billing experience for their merchants. They've highlighted three popular use cases, where this new offering addresses the evolving needs of software vendors who seek efficiency and profit maximization:

  • Percentage Charge on Bank Transfers: Software vendors can now charge a percentage rate on bank transfer (EFT/ACH) transactions, capitalizing on a significant revenue opportunity that is competitive and aligned with market demands.
     
  • Custom Fees: FlexPricing allows ISVs to define multiple types of fees that suit their business model—for example, an annual fee, monthly SaaS fee, or one-time integration fee—creating a tailored solution for each vendor's unique needs.
     
  • Simplified Billing: Worldline can take on billing responsibilities for its partners. This approach to billing reduces operational complexities by providing a clear and consolidated statement to clients. This not only enhances transparency but also facilitates easier invoice management.

FlexPricing is ideal for software platforms that integrate payments into their solution. ISVs who facilitate bank transfer payments or work with membership, payroll, and subscription-based businesses are perfect candidates for this feature. On average, partners leveraging FlexPricing have the potential to triple their revenue-sharing amounts.

"At Worldline, we constantly strive to meet the needs of our partners, and FlexPricing is a direct response to those requests. FlexPricing opens new avenues for growth and profitability for software vendors, leading the charge in our customer-centric product strategy," said Justin Passalaqua, CEO, North America at Worldline Merchant Services. "It's a comprehensive solution that can adapt to various business models and market conditions."

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