Recurring payments — They’re the bedrock of SaaS, e-commerce, and more. Think Netflix, Spotify, Twitch, subscription boxes, your car payment, or your mortgage. Merchants rely on them, and consumers trust them.
And now a whole new generation of people, projects, and companies is looking for a way to use these familiar subscription payment models inside the blockchain ecosystem.
But, believe it or not, recurring payments are difficult or impossible to do in the crypto space right now. The solutions that do exist are far from ideal. Most wallets can’t support subscriptions or pre-authorized payments by virtue of their design. And the use case is huge. By 2020, subscription e-commerce is estimated to reach $100 billion per year.
With Groundhog, you can start, stop, and manage all of your subscriptions with ease and confidence. Set up a new subscription payment anywhere Groundhog Pay is supported.