WordPress is one of the most popular website platforms, powering some 19,500,000 websites around the world and 297,629 of the top one million websites. WordPress’ latest move will no doubt increase its popularity, with the announcement it is introducing Recurring Payments.
WordPress is endeavoring to assist website owners and creatives in monetizing their content. While many rely on ad revenue, ad revenue isn’t always enough to meet the financial needs of website owners. Now, with Recurring Payments, WordPress and Jetpack-enabled sites will be able to accept scheduled payments.
“Our new Recurring Payments feature for WordPress.com and Jetpack-powered sites lets you do just that: it’s a monetization tool for content creators who want to collect repeat contributions from their supporters, and it’s available with any paid plan on WordPress.com.
“Let your followers support you with periodic, scheduled payments. Charge for your weekly newsletter, accept monthly donations, sell yearly access to exclusive content — and do it all with an automated payment system.
“With recurring payments, you can:
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– Accept ongoing payments from visitors directly on your site.
– Bill supporters automatically, on a set schedule. Subscribers can cancel anytime from their WordPress.com account.
– Offer ongoing subscriptions, site memberships, monthly donations, and more, growing your fan base with exclusive content.
– Integrate your site with Stripe to process payments and collect funds.”
Recurring Payments should be a significant boon to creatives and website owners who want to focus on their creativity, rather than worrying too much about how to monetize their efforts.
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