The WooCommerce Subscriptions
WooCommerce Subscriptions Plugin is a plugin developed by WooCommerce that enables you to offer subscription-based products and services to your customers. The plugin allows you to capture residual revenue by offering recurring payments to your customers on a weekly, monthly, or annual basis.
With WooCommerce Subscriptions, you can create and manage a variety of subscriptions for physical or virtual products and services. This includes product-of-the-month clubs, weekly service subscriptions, or even yearly software billing packages. You can also add sign-up fees, offer free trials, or set expiration periods to meet your store’s needs.
Demo WooCommerce Subscriptions
WooCommerce integrates with over 25 payment gateways for automatic recurring payments, and it also supports manual renewal payments through any WooCommerce payment gateway. The plugin also includes automatic rebilling in case of failed subscription payments to ensure you never lose revenue. Subscribers have the ability to manage their own subscription plan, including upgrading or downgrading, without needing to wait for assistance.
WooCommerce include built-in renewal notifications and automatic emails that keep you and your customers informed of subscription payments, so there are no surprises. The plugin provides detailed reports that allow you to keep track of recurring revenue, the number of active subscribers, and other key metrics.
In summary, WooCommerce is a great solution for businesses looking to offer subscription-based products and services and capture residual revenue. It offers multiple billing schedules, easy integration with payment gateways, and a user-friendly interface for managing and tracking subscriptions.
Core Features of WooCommerce Subscriptions
- Multiple billing schedules including weekly, monthly, and annual
- Integration with over 25 payment gateways for automatic recurring payments
- Supports manual renewal payments through any WooCommerce payment gateway
- Includes automatic email invoices and receipts
- Automatic rebilling on failed subscription payments to avoid loss of revenue
- Subscribers can manage their own plan including upgrading or downgrading
- Built-in renewal notifications and automatic emails to keep track of payments
- Detailed reports to monitor recurring revenue, number of active subscribers, etc.
What’s New (Changelog) in WooCommerce Subscriptions
2023-12-21 – v5.8.0
* Fix: Incorrect switch calculation when upgrading a synchronised product before the first renewal is due where the initial payment was prorated.
* Fix: When updating a subscription via the REST API, don’t update the start date to the current time if the start date is not set in the request.
* Fix: When using the checkout block to pay for renewal orders, ensure the order’s cart hash is updated to make sure the existing order can be used.
* Fix: Prevents a PHP fatal error that occurs when the cart contains a renewal order item that no longer exists.
* Fix: When HPOS is enabled and data compatibility mode is turned on, make sure subscription date changes made to postmeta are synced to orders_meta table.
* Fix: Resolved an issue that would cause undefined $current_page, $max_num_pages, and $paginate variable errors when viewing a page with the subscriptions-shortcode.
* Dev: Update subscriptions-core to 6.6.0.
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