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Recurring Payments (aka Subscriptions) #40
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I am interested in recurring payments, but I don't know if that should be something handled by the BalancedPayments API or should it be done on the client side. I was planning on maintaining it on my side as I would probably have a little bit more control over the transaction, conditions, and so forth. |
I like the idea of Balanced allowing developers to create a plan objects where you could choose the amount, the funding source (ACH/credit card), and the interval (bi-weekly, monthly, annually). Ideally, I'd like Webhooks to know when a buyer changes or cancels their plan. Or if their funding source fails for some reason (card expires, etc.) |
There are no current plans to provide this functionality, but it can be revisited later. |
+1 - I think recurring billing should work, but it depends on solid event notifications first. |
I saw this was tagged with "willnotdo" does that mean it's completely off the table? |
@taylorbrooks I had ruled it out for now, but @mahmoudimus and @mjallday have convinced me otherwise. @mjallday is right though. This is dependent on Balanced implementing events and webhooks |
In terms of team focus, this is a feature we're not focused on at this very moment, so rather than have everyone's hopes up, @matin marked it as will not do and moved on to the more pressing issues -- feel free to correct me, @matin, if I'm wrong. However, I would think that this is a very useful feature and the more +1s for us, the more it makes sense for us to address it. so, keep pressing us, we're listening :) |
Yup, but that's properly the wrong approach to communicate the status of an issue. Otherwise, there's a few others where I should have taken the same approach. To be clear, Balanced will implement a way to perform recurring billing. It's purely a matter for prioritization against other issues defined on GitHub. |
+1 Forge |
One way to do recurring payments is to use ChargeBee, which can use Balanced as a back-end payment processor, see https://apidocs.chargebee.com/docs/api/subscriptions I believe they charge a monthly fee based on the number of users to invoice, and then also pass along fees from their payment processor (e.g. 2.9% + 30¢ for Balanced). For some of you listening here this may be an acceptable fee to avoid having to set up the logic for handling recurring payments yourselves. I think it would still be nice for Balanced to provide some built-in way of handling recurring payments, but this seems like a good stop-gap. |
+1 for subscription features. Thanks! |
Really need subscriptions for my business. Thanks! |
Curious, is this on the docket as a possible feature? I know there was some discussion of possibly creating an open source library for recurring payments. Webhooks was a huge win for making something like this happen. |
+1, nice to have - for now we will just re-create feature on our end using api |
+1 for subscription / recurring payments support! |
Recurring billing and other scheduled tasks will be supported through a separate service (maintained by Balanced) called Billy. @mahmoudimus has started the spec. It's possible that the functionality of Billy will be integrated directly into the core Balanced API. |
Any one knows about the recurring payment using balance payment |
I'm interested in this feature! |
+1 for subscriptions and recurring billing |
+1 for subscriptions and recurring billing! |
+1 for subscriptions and recurring billing 👍 |
+1 Sent from my iPhone
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+1 |
1 similar comment
+1 |
+1 |
👍 for subscriptions and recurring billing |
+1 |
1 similar comment
+1 |
+1 need recurring engine |
+1 some competitors have this |
+1 |
👍 this would be a great addition to balanced |
I need subscription and recurring billing. Please add this feature. |
I also need subscription and recurring billing. |
+1 |
If you're planning on taking credit card information for later billing (ie. the next day or a few weeks later) you MUST MUST MUST "claim" the credit card (token) you created immediately after creating it. To claim it you can simply do a GET for the card url (but any API-authenticated call will do). If you don't do this you'll find that the next day (or a few weeks later) the token is NOT FOUND because it was removed as unclaimed. Found this out the hard way... |
+1 Any lead on this? |
+1 |
@mazhar5012 I think it's pretty safe to say this is not going to happen. :) |
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