In the age of growing penetration of video content, there has been declining popularity for blogging. WordPress subscription tool is available for anyone who has paid WordPress site and uses Jetpack toolkit. Once enabled, WordPress site owners can charge visitors for weekly newsletters, accept monthly donations and even sell yearly access to the exclusive content.
WordPress has partnered with Stripe to process payments for the new features. Blog publishers need to setup their Stripe account and link it with the subscription tool. Website owners will find an option “Connect Stripe to Get Started” under the “Earn” page on WordPress dashboard. The setup process is quite simple.
Users can create as many different payment plans as they like. It is possible for WordPress site owners to put a Recurring Payments button on the website. For Subscribers, canceling the subscription is fairly simple. They can simply login to the WordPress.com account and cancel the subscription.
The feature is not only limited to content creators. Even organisations and clubs can use the feature to collect their membership fees and dues. The company notes that some people can even collect rent through recurring payments method.
WordPress Subscription will have a major impact on the growing prevalence of subscriptions across the web. Publishers and small businesses have been looking at sustainable way to monetise their sites from a long time.