Interaction
Buckaroo Subscription Services
With Buckaroo Subscription Services, merchants can manage recurring subscription payments efficiently by sending simple messages. The interaction among the merchant, Buckaroo, and the acquirers can be illustrated through a diagram with different colored boxes representing various actions and processes.
Managing Subscriptions
Merchant Actions (Yellow Boxes):
- Start Subscription: Send a message with product and pricing plan details to start a subscription.
- Adjust Subscription: Send a message with the updated pricing plan to adjust the subscription.
- Cancel Subscription: Send a message to cancel the subscription.
Buckaroo Processing (Green Boxes):
- Subscription Management: Process the subscription start, adjustment, or cancellation.
- Invoice Generation: Create and manage invoices based on the subscription terms.
Acquirer Interaction (Blue Boxes):
- Payment Processing: Handle the actual payment transactions and any interactions needed with the payment acquirers.
Feedback and Monitoring
Merchants receive feedback about subscription status through various methods:
- Push Messages: Receive updates with each invoice.
- Invoices Overview: Access a detailed list of invoice statuses in the Buckaroo Plaza.
- Debtor Overview: View detailed information about each debtorβs subscriptions and invoices in the Buckaroo Plaza.
Setting Up the Subscriptions Environment
To create an effective subscription environment, consider the following questions:
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Which products do I offer?
- Identify the smallest unit that can be purchased.
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How do I want to organize the invoicing process?
- Define the invoicing conditions, such as billing frequency, due dates, and reminders.
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How can payment be made?
- Specify the payment methods and details for each subscription.
Based on these answers, you can create an environment with defined products, pricing plans, and prices for each subscription. This setup should include:
- Product Specifications: Define the one-off costs or connection costs, trial periods, VAT rates, and whether costs are prepaid or postpaid.
- Invoicing Details: Document invoice numbers, descriptions, and other relevant invoicing conditions.
Updated 23 days ago