August 31, 2023

Unlock Consistent Revenue and Keep Your Customers Happy with Lynk's Pay by Bank Solution

Boost Your Monthly Recurring Revenue and Say Goodbye to Payment Hiccups Forever! Discover the game-changing payment solution that's a win-win for you and your customers.

Hey there, savvy business leader! You already know how fabulous subscription models are for your business. They're like the gift that keeps on giving: regular, predictable income and a customer base that's often easier to maintain than one-off buyers. In today's business lingo, Monthly Recurring Revenue (MRR) isn't just a buzzword—it's a lifeline that helps you make educated decisions about your company's future.

But, let's face it. The road to MRR paradise has its fair share of bumps and potholes, often in the form of payment hiccups. You might think payments should happen like clockwork, but often they're more like a sneaky gremlin, throwing spanners in the works when you least expect it.

🛡️ Say Goodbye to Unplanned Payment Glitches

When customers first sign up, they’re super excited and quickly enter their card details. Then they go on their merry way, expecting smooth sailing. But sometimes, things get messy. We're not talking about customers who consciously decide to leave your service. Those folks might come back through a clever email campaign or a sweet discount.

The real culprits are those pesky involuntary churns, which occur when a customer's credit card expires or their account lacks sufficient funds. Now you’re stuck playing catch-up, disrupting your service, and affecting your revenue stream.

Enter Lynk’s Pay by Bank solution—a game-changer for securing your MRR. Consider this: credit cards may expire every three years, but most Americans keep their checking accounts for an average of 17 years! And because the payment is pulled directly from the customer's bank account, there are fewer payment roadblocks, letting you focus on what you do best.

💰 Keep More of Your Money with Lower Fees

Credit card fees? They're the silent killer of profits, especially for businesses operating on slim margins. If you're not careful, these fees can eat up a noticeable chunk of your revenue.

Our Pay by Bank solution has a secret sauce: fewer middlemen, which means lower fees for you. These savings directly impact your net MRR, making your financials look even more attractive.

🌎 Reach More Customers with Flexible Payment Options

The world is a big place, and customers are as diverse as the services they subscribe to. While some folks are card-happy, others avoid them like the plague, opting for alternative payment methods due to personal preferences or local trends.

With Lynk's Pay by Bank, you're not just accommodating these customers—you're rolling out the red carpet for them. It's especially useful if you're eyeing markets where bank payments are the preferred method, giving you an edge over competitors still clinging to cards-only systems.

🌟 The Final Pitch: Boost Your MRR and Customer Satisfaction

In a nutshell, Lynk's Pay by Bank is the best buddy your subscription business didn’t know it needed. It offers a smoother, more reliable way to collect payments, cutting down on those unexpected, frustrating issues that can gnaw away at your MRR. Plus, your customers will appreciate having choices that align with their lifestyle and preferences.

So why wait? Elevate your subscription business today and give Lynk's Pay by Bank a try. Click here to learn more.

Happy selling! 🚀

Ready to learn more?
Book a demo now.

Eliminate the risk in payments so you can focus on what you do best.