Silverflow, the cloud-native payment processing company, has teamed up with Solidgate, an international payment provider specializing in subscription payments, to enhance the subscription payments market.
Subscription businesses face inherent challenges, including “high customer acquisition costs, poor first-payment approval rates, and revenue losses from declined recurring payments.”
However, it’s an industry that is due to reach “over $500 billion in 2025, growing 65%.”
For a subscription-based economy, every payment matters—and “the inability to secure approvals can result in the loss of revenues.”
By implementing Silverflow’s cloud-native platform, Solidgate has been able to “optimize its payment flow, and provide technological innovation that will drive long-term success.”
The partnership will reportedly enable subscription businesses to manage payments, improve performance metrics – setting Solidgate on “a trajectory to process $100 billion annually within the next five years.”
Silverflow’s platform provides Solidgate an edge, with a solution that isn’t just seamless payments processing but a partnership “that was better, faster and more cost effective than they could build themselves.”
Silverflow’s platform provides fast implementation that facilitated the rapid integration of new technologies, “from advanced reconciliation capabilities to compliance with evolving scheme requirements.”
Also, real-time data transparency empowered Solidgate to optimize payment costs, enhance “risk scoring, and refine authentication processes, ensuring legitimate transactions are approved without unnecessary declines and improving overall payment strategies.”
Utilizing these key elements has led Solidgate to achieve solid results, including a “7% improvement in conversion rates (website visitors becoming paying customers) for its customers and an 8% increase in acceptance rates (their payment card being accepted by card schemes).”
These advancements have reportedly driven more than 20% growth in “bottom-line performance for both Solidgate and its merchants.”
Additionally, with a roadmap in place, Solidgate is on track to “process $100 billion annually within five years, representing an extraordinary 2000% growth.”
Anne Willem de Vries, Co-founder and CEO of Silverflow, said:
“Solidgate is an ambitious and fast-growing FinTech tackling one of the most challenging areas of payments—subscriptions. By leveraging our platform and data transparency capabilities, they’ve transformed their payments infrastructure, driving significant improvements in acceptance rates and overall revenue for their merchants. It’s exciting to work with a company as innovative as Solidgate, and we look forward to supporting their continued success as they scale to $100 billion in annual payments.”
Yurii Candela, Chief Business Development Officer at Solidgate, added:
“Silverflow’s platform has been a game-changer for us. Their platform has been implemented faster than we imagined, delivering real results in a matter of months. They’ve not only streamlined our payments process but have also given us the tools to optimize customer retention and grow our bottom line. With Silverflow, we’re confident in achieving our ambitious growth targets and continuing to deliver value to our clients.”
