{"id":3023,"date":"2019-07-30T08:30:46","date_gmt":"2019-07-29T23:30:46","guid":{"rendered":"https:\/\/news.cafe24.com\/global\/?p=3023"},"modified":"2020-11-29T19:17:49","modified_gmt":"2020-11-29T10:17:49","slug":"cafe24-to-launch-recurring-payments-service","status":"publish","type":"post","link":"https:\/\/news.cafe24.com\/global\/cafe24-to-launch-recurring-payments-service\/","title":{"rendered":"Cafe24 to launch Recurring Payments Service"},"content":{"rendered":"<p><strong>Automatic payment available according to pre-set cycle<\/strong><br \/><strong>Enhanced payment convenience expected to increase DTC sales<\/strong><\/p><p>Global e-commerce platform Cafe24 announced that Recurring Payments Service will be available on its e-commerce platform starting on July 31.<\/p><p>Recurring payments service refers to a system in which regular payments and deliveries are automatically carried out according to a prearranged schedule. The service is a key foundation for the subscription business model that provides regular deliveries of products based on a fixed monthly payment.<\/p><p>Customers can regularly receive products without having to make multiple, identical orders upon registering a payment method and a delivery cycle during service sign-up.<\/p><p>The service will offer DTC stores with the option to provide delivery subscription services, which up until now had been limited to online retail giants, without having to install a separate payment infrastructure. Moreover, it is expected to increase sales for DTCs in the long-run as online shoppers will be able to experience enhanced payment convenience.<\/p><p>Jaesuk Lee, CEO of Cafe24, said, &#8220;It is important to recognize online shoppers\u2019 needs and work to provide online businesses with a competitive edge.&#8221; He said, &#8220;Cafe24 will continue to support DTCs by lowering hurdles in the ever-changing e-commerce market so that they can continue to grow.&#8221;<\/p><p><strong>About Cafe24<\/strong><\/p><p>Cafe24 is a global success platform that provides a one-stop business environment for e-commerce merchants so that they can achieve continued growth by focusing on their creativity. Cafe24 has established an e-commerce ecosystem with 1.7 million Direct-to-Consumer (DTC) merchants and various global partners in areas like payment, shipping, and marketing. Cafe24 is poised for growth as more DTC brands and e-commerce participants continue to join the burgeoning industry.<\/p>","protected":false},"excerpt":{"rendered":"<p>The service is ideal for the \u2018subscription\u2019 business model that provides regular deliveries based on a fixed monthly payment.<\/p>\n","protected":false},"author":9,"featured_media":3067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61,9,16,15,11],"tags":[74],"class_list":["post-3023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-e-commerce","category-press-releases","category-press-resources","category-products","tag-payment"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/posts\/3023"}],"collection":[{"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/comments?post=3023"}],"version-history":[{"count":9,"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/posts\/3023\/revisions"}],"predecessor-version":[{"id":5781,"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/posts\/3023\/revisions\/5781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/media\/3067"}],"wp:attachment":[{"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/media?parent=3023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/categories?post=3023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.cafe24.com\/global\/wp-json\/wp\/v2\/tags?post=3023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}