Chargify
Encyclopedia
Chargify is a privately held software as a service
company that offers a recurring billing application for SaaS and Web 2.0
companies.
. It was founded by David Hauser and Siamak Taghaddos
, founders of the Grasshopper virtual phone provider, along with Lance Walley of Engine Yard
. Chargify is headquartered in Needham, MA and has approximately 12 employees.
companies. Chargify works with multiple payment processors including Authorize.net
, Beanstream and TrustCommerce. Chargify is a Level 1 PCI-DSS compliant service provider.
As reported by Gigaom, “Chargify is primarily designed for subscription services, and the options available for setting up your various products and plans are extensive. You can include setup fees, free trial periods and expiration periods to customize your plans and pricing.”
Software as a Service
Software as a service , sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally and are typically accessed by users using a thin client, normally using a web browser over the Internet.SaaS has become a common...
company that offers a recurring billing application for SaaS and Web 2.0
Web 2.0
The term Web 2.0 is associated with web applications that facilitate participatory information sharing, interoperability, user-centered design, and collaboration on the World Wide Web...
companies.
History
Chargify was launched in 2009 at the TechCrunch50TechCrunch50
TechCrunch50 was a conference held at the Design Center Concourse in San Francisco, California on September 14-15, 2009, hosted by TechCrunch and Jason Calacanis. Its aim was to find the best Web 2.0 start-ups and launch them in front of the industry's most influential venture capitalists,...
. It was founded by David Hauser and Siamak Taghaddos
Siamak Taghaddos
Siamak Taghaddos is an Iranian-American entrepreneur known as the co-founder and CEO of virtual phone system provider Grasshopper and the supporting founder of National Entrepreneurs' Day.-Life & Career:...
, founders of the Grasshopper virtual phone provider, along with Lance Walley of Engine Yard
Engine Yard
Engine Yard is a San Francisco, California based company focused on Ruby on Rails deployment and management-Software development:One of Engine Yard's four founders, Ezra Zygmuntowicz, was the creator of the Merb project, and the company continued supporting the project by hiring Yehuda Katz to work...
. Chargify is headquartered in Needham, MA and has approximately 12 employees.
Products
Chargify offers a recurring billing application for software as a serviceSoftware as a Service
Software as a service , sometimes referred to as "on-demand software," is a software delivery model in which software and its associated data are hosted centrally and are typically accessed by users using a thin client, normally using a web browser over the Internet.SaaS has become a common...
companies. Chargify works with multiple payment processors including Authorize.net
Authorize.Net
Authorize.Net is a payment gateway service provider allowing merchants to accept credit card and electronic checks payments through their Web site and over an IP connection...
, Beanstream and TrustCommerce. Chargify is a Level 1 PCI-DSS compliant service provider.
As reported by Gigaom, “Chargify is primarily designed for subscription services, and the options available for setting up your various products and plans are extensive. You can include setup fees, free trial periods and expiration periods to customize your plans and pricing.”
Competitors
The most popular recurring billing providers include:- Aria Systems
- CashBoxCashboxCashbox can mean:*A box for keeping cash in; a safe or cash register*CashBox is a SaaS Marketing, Billing, Ecommerce and marketing automation / CRM solution used by digital leaders -- like Atari, Blizzard, Bloomberg, Cisco, Cryptic, Intuit, Magmic , Mind Candy , Outspark, Peanut Labs, Symantec and...
- PayPalPayPalPayPal is an American-based global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders....
- RecurlyRecurlyRecurly is a software as a service company that provides recurring billing management as an outsourced service. Founded in September, 2009 and made available as a public beta in January, 2010. Companies with subscription business models commonly encounter errors from payment gateways, acquiring...
- SnapBill
- Spreedly
- VindiciaVindiciaVindicia is a B-to-B-to-C cloud computing, SaaS marketing, billing and CRM platform company headquartered in Belmont, California, USA that provides digital merchants with an online recurring billing and subscription management platform. Vindicia works with digital leaders selling subscriptions or...
- Zuora
- Seededition.com
External links
Further reading
- Nusca, Andrew (October 29, 2009). With Chargify, Web 2.0 and SaaS businesses can bill with ease. ZDNet'
- O’Dell, Jolie (September 22, 2009). Chargify: (Another) Billing App and API for Small Web and SaaS Companies ReadWriteWeb
- Reisinger, Don (September 25, 2009). Tools for businesses to bill, collect what’s owed CNet News
- Savitz, Eric (February 10, 2011). Why Freemium Isn’t Free Forbes
- Del Rey, Jason (January 20, 2011). Case Study: How to Raise Prices Inc Magazine
See also
- Subscription business modelSubscription business modelThe subscription business model is a business model where a customer must pay a subscription price to have access to the product/service. The model was pioneered by magazines and newspapers, but is now used by many businesses and websites....
- Payment gatewayPayment gatewayA payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets...
- Merchant accountMerchant accountA merchant account is a type of bank account that allows businesses to accept payments by debit or credit cards. A merchant account is established under an agreement between an acceptor and a merchant acquiring bank for the settlement of credit card and/or debit card transactions...
- Electronic commerceElectronic commerceElectronic commerce, commonly known as e-commerce, eCommerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks. However, the term may refer to more than just buying and selling products online...
- Payment service providerPayment Service ProviderA payment service provider offers merchants online services for accepting electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking...