Today, we take a big step forward in bringing our unparalleled subscription payments solution to more merchants, allowing them to realize their full potential. We’re excited to announce that Recharge is now a BigCommerce Preferred Partner available on the BigCommerce App Marketplace.
With its powerful store builder tool, marketplace integrations, and 24/7 support, BigCommerce offers merchants a reliable way to get their store online quickly. With this partnership, merchants powered by BigCommerce can launch online subscriptions on their stores with a simple click.
Industry analysts expect the global subscription market to reach $478 billion by 2025. As physical subscriptions continue to grow at an unprecedented rate, we’re looking forward to seeing how merchants use BigCommerce and Recharge to create beautiful, personalized experiences for their customers.
At Recharge, we believe that frictionless payments are a cornerstone of success for our merchants. In 2020, 15,000 merchants processed over $3 billion in revenue through Recharge. On average, our merchants saw over 90% growth in subscribers while increasing their store’s average order value (AOV) and lifetime value (LTV).
To our valued merchants: We thank you for your ongoing partnership and will continue to spend every day endeavoring to find ways to serve you better. And we look forward to all of the new partnerships we will form in the BigCommerce community. We can’t wait to help you grow your business.
-The Recharge Team