Websites utilizing WordPress hosting now have the option to monetize their content with a new recurring payments feature.
This feature is available with any paid plan on WordPress and enables site owners to collect repeat contributions from supporters in exchange for perks like exclusive content or monthly memberships.
“Let your followers support you with periodic, scheduled payments. Charge for your weekly newsletter, accept monthly donations, sell yearly access to exclusive content — and do it all with an automated payment system.”
Recurring payments on WordPress allow site owners to:
- Accept regularly-scheduled payments directly on their site.
- Offer ongoing subscriptions, site memberships, monthly donations, and more.
- Integrate their site with Stripe to process payments and collect funds.
WordPress site owners can enable recurring payments by following these steps:
- Step 1: Connect (or create) a Stripe account. Visit the Earn page from the WordPress dashboard and click Connect Stripe to Get Started.
- Step 2: Add a recurring payments button to your site using the block editor.
- Step 3: Customize details such as payment amounts, frequencies, subscription tiers, and so on.
Websites will pay WordPress a percentage of the revenue earned through recurring payments. This percentage varies by plan: personal (8%), premium (4%), or business (2%). Additionally, Stripe collects 2.9% + $0.30 for each payment.
To make a recurring payment to a WordPress site, users need to have a WordPress account. If they don’t have one, they’ll be prompted to create an account when making a recurring payment for the first time.
For users, this simplifies the process of subscribing to multiple sites with one account and managing all subscriptions from one location.
