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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Challenges in Recurring Payments
Description: Challenges in Recurring Payments Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Recurring revenue brings many benefits but it also brings a few challenges. Lookout for these issues with recurring payments: Scalability -- traditional billing structures are designed for one-off payments and not recurring. As your company grows it will need a scalable solution for taking payments. Failed payments -- the customer's credit card is maxed out and can't fund any more payments. Consider tools for dunning which is the process of retrying the card over time. Invoices...