Recurring Payments
Easy & Flexible Recurring Payments
Manage flexible recurring payments with low friction and high flexibility through Open Banking.
More secure than Direct Debit. Cheaper than cards.
Benefits of Ivy's Recurring Payments product…
Mitigate Payment Failures
Verification of bank accounts and elimination of manual data entry allows for a reliable and de-risked direct debit experience.
Boost Recurring Revenues
Intuitive UX, flexible use cases, and leading connectivity through smart routing deliver high conversion and maximum customer lifecycles.
Automate Management
A single API, intuitive dashboards, and high flexibility make managing recurring payments and mandates simple and cost-efficient.
Use cases
Subscription Payments
Ivy's Recurring Payment product offers an automated subscription solution, to ensure an easier and safer Direct Debit experience at better margins. In one simple journey, a secure one-off payment and the Direct Debit mandate for future payments are authorised.
One-Click Payments
Recurring Payments also enables secure one-click payments for returning customers, driving repeat purchases at lower costs. By tokenising the customers' bank account, effortless one-click checkout is possible, increasing conversion and retention.