Subscription
Main use case
Last updated
Main use case
Last updated
Subscription is the first use case that the Subs team set up to enable businesses to generate recurring revenue. This model provides a detailed and customizable approach to recurring payments without coding . Here's a typical example of what you can do with Subs.
The subscription flow enables a recurring payment agreement between a consumer and a service provider. This service provider could be a traditional web2/SaaS business or any creator, community,charity, or others.
Flexible Billing Periods: Subs allows for the fine-tuning of billing cycles, permitting service providers to choose from customizable intervals such as days, weeks, months, or years. This adaptability caters to diverse subscription needs.
Flexible Payments: Subs allows service providers to have several types of payments in one subscription. They can add as many payments as they want ( eg. Standard Plan, Premium plan etc... like the example below) and as many tokens as they want in these payments ( usdt, dai, link, uni, or any ERC20 token).
Complimentary Trial Periods: Service providers have the option to offer complimentary trial periods, which can be adjusted to suit their strategy, with trial durations. This feature serves as an effective marketing tool to attract potential subscribers.
Multi Tokens: Service providers have the option to choose any ERC20 token they want, not only stable coins. This allows DApps to give their token one more use case.
Flexible Period: Service providers have the option of adding a day period that the consumer takes in addition if their payment is due and they don't have the funds.
Subs provides supplementary components to streamline the subscription process:
Subscription Widget: The subscription widget is a user-friendly React component tool that can be seamlessly integrated into a service provider's website or web application. This widget features a "Subscribe" button, handling all wallet interactions with consumers. It simplifies the approval process for spending and gasless subscription initiation, eliminating the need for service providers to delve into web3 programming or smart contract interactions. The widget offers extensive customization options, and default subscription settings can be defined when configuring subscription plans.
Personal Pages on Subs: For users who don't have a website or application, or just no knowledge of code, we offer free hosting of their work directly on Subs. Integration can be done with Discord, Telegram or others, depending on the needs of the service provider. .
API: We also provide an easy-to-use API for interacting with the Subs protocol.
