WordPress has announced a new Recurring Payments feature that allows WordPress.com sites – and those powered by Jetpack – to accept ongoing payments through Stripe.
Running a website is not a walk in the park. There are all kinds of costs involved, and despite the ability to monetize content with ads, many website owners will still find it hard to make enough to sustain their work. That’s why WordPress.com is introducing a new monetization feature called Recurring Payments, enabling them to easily charge for things like newsletters, access to special exclusive content, or even donations.
Recurring Payments is now available for content creators who are using any of WordPress.com’s paid plans, or self-hosted sites that use Jetpack, and offers an automated payment system that works with Stripe to process payments. Therefore, website owners will have to create a Stripe account first. They can then accept ongoing payments from visitors directly on their site, or bill supporters automatically, on a set schedule.
Subscribers will need a WordPress.com account to be able to pay for subscriptions, where they will also be able to cancel at any time.
How to enable Recurring Payments on your WordPress site
Enabling Recurring Payments takes around five minutes, and no technical background is necessary.
1. Connect (or create) a Stripe account – To begin, you will need to go to your Earn page and click Connect Stripe to Get Started — you’ll be guided through the setup process, which also includes help on how to create a Stripe account if you don’t already have one.
2. Add a Recurring Payments button on your site – The process is made easy with the built-in block editor. Simply open a post or page and click the (+) to add a new block. Insert a Recurring Payments button there.
3. Customize the details of the recurring payment – You will then be able to create as many different payment plans as you’d like – with different currencies, amounts, payment frequencies, and names. This way, you can offer different tiers and subscriptions.
When adding a new Recurring Payments button, you can then also choose a plan that was created previously.
If you’re stuck, you can find more detailed setup instructions on the Recurring Payments support page.
Recurring Payments doesn’t come without a price, however. Available on all paid plans, for both WordPress.com and Jetpack-connected sites, you will pay a percentage of the revenue your site generates through Recurring Payments. This varies depending on your current plan. You may want to switch to a different plan as your site grows, to keep more of the revenue.
Fees on WordPress Recurring Payments
WordPress.com eCommerce – None
WordPress.com Business Jetpack Professional – 2%
WordPress.com Premium Jetpack Premium – 4%
WordPress.com Personal Jetpack Personal – 8%
Please also note that Stripe will also collect 2.9% + $0.30 for each payment made to your Stripe account.
You might also like
More from Tech
Instacart Has A New In-App AI Search Tool Powered by ChatGPT
Instacart added a new AI search tool powered by ChatGPT. "Ask Instacart" will be available to all US and Canadian …
TikTok Begins Testing Tako, Its Own AI ChatBot
TikTok Tako is a new AI chatbot that could “radically change search and navigation” in the app. News of the test …
MissJourney AI: Fighting Biased Gender Stereotypes
Missjourney is an AI tool that generates images exclusively of women, from CEOs to leaders, superheroes, doctors and engineers. TEDxAmsterdam Women …
Google Product Studio Lets Merchants Create Product Imagery With Generative AI
Google is launching Product Studio, a new tool that lets merchants create product imagery for free, using generative AI. Google Product …
The OFFICIAL ChatGPT App Launches On iOS
OpenAI is launching an official ChatGPT app for iOS, sending a warning to all the unofficial apps out there. Finally. Months …
Puro Sound Labs launches New “Best Headphones For Kids”
Puro Sound Labs is launching the new BT2200 Plus, widely recognized as the best headphones for kids. The BT2200 Plus follows …
LG Launches Its Giant 49-Inch UltraGear Curved Gaming Monitor
LG's new UltraGear curved gaming monitor aims to compete directly with Samsung’s Odyssey G9, as it beats it on price …
Cala Is A New Web App That Dares You To “Swipe Left” On Meetings
Dubbed the “Tinder for canceling meetings,” Cala web app dares you to swipe left on useless meetings. Cala is a free …
Google I/O Keynote Round-Up: All-In On AI
During its I/O keynote, Google showed off its latest advances in AI, across search, photo editor and Bard, its own …