Worldline (Euronext: WLN), a global enabler of payment services, is pleased to announce the launch of FlexPricing, a feature designed specifically for Independent Software Vendors (ISVs) to earn revenue in innovative and simple ways.
With FlexPricing, software vendors can 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 revenue models and optimize the billing experience.
They’ve highlighted use cases, where this offering addresses the needs of software vendors who seek efficiency and profit:
- 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 their 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 have “integrated payments within their solution.”
ISVs who facilitate bank transfer payments or work with membership, payroll, and subscription-based businesses are said to be ideal “candidates for this feature.”
On average, partners leveraging FlexPricing have the “potential to triple their revenue-sharing amounts.”
Justin Passalaqua, CEO, North America at Worldline Merchant Services said:
“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. It’s a comprehensive solution that can adapt to various business models and market conditions.”
FlexPricing is reportedly available for all current and prospective partners on the Worldline North American e-commerce platform.
Worldline has explained that it helps businesses of all shapes and sizes to accelerate their growth journey.
With payments tech, local expertise and solutions for markets and industries, Worldline powers the growth of businesses around the world.
Worldline has reportedly generated a “4.6 billion euros revenue in 2023.”
In North America, Worldline is the tech partner for software providers across over 60 industries.
Services offered by Worldline in North America include online payment processing, full service or “gateway processing, recurring billing, and access to a robust set of APIs.”
