Definition

Transactions, in the realm of Recurly, represent individual payment exchanges between the merchant and the subscribers, encompassing every method and medium. They serve as a testament to a subscriber's interaction with a product or service, culminating in a financial exchange.

Key benefits

• Versatility: Ability to handle various transaction types, from digital to MOTO, ensuring you never miss a sale.
• Enhanced security: Transactions, especially non-face-to-face ones like MOTO, are processed with top-tier security measures.
• Operational efficiency: Speed up the payment process by directly entering transaction details, reducing the wait time for both merchants and subscribers.
• Accurate record-keeping: Each transaction is meticulously logged, aiding in financial analytics, forecasting, and audits.
• Improved subscriber trust: With secured and diverse transaction methods, subscribers enjoy flexibility and assurance in their payments.

Key details

Transaction dashboard

The transactions dashboard in Recurly provides a comprehensive overview of all financial transactions processed through the platform. It includes features for searching transactions, understanding various transaction types, managing refunds and voids, and performing fraud checks, all designed to streamline the financial management of customer accounts.

MOTO transactions

In the evolving landscape of commerce, not all transactions occur with a click. MOTO, or Mail Order / Telephone Order transactions, remain a significant segment, especially for services or clientele that prefer personalized interaction or are not tech-savvy. Recurly’s platform ensures these transactions are seamless, secure, and efficient, bridging the gap between traditional and modern payment methods.