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Announcing Bankful’s Woo 3.1 Plugin: With free built-in subscription management

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Announcing Bankful’s Woo 3.1 Plugin: With free built-in subscription management

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Why pay for a subscription app when you can get it for free? With the release of Bankful’s Woo 3.1 app, we’ve made it easier than ever to manage recurring payments without the added costs of third-party subscription apps.

If you’re a WooCommerce merchant, this is the perfect time to switch to Bankful. Not only will you save on monthly subscription fees, but you’ll also gain access to powerful payment processing tools, all designed to help you grow your business.

What’s new with Woo 3.1?

With Bankful Woo 3.1, subscription management is built right into our payment gateway, so you can manage recurring revenue without additional app costs.

Here’s a breakdown of the key features and benefits of the new Woo 3.1 release:

1. Save money with built-in subscriptions

Subscription apps typically charge a monthly fee to handle recurring payments. With Bankful Woo 3.1, you get built-in subscription management for free. No extra charges, just seamless subscription handling directly through your WooCommerce store.

You can manage cancellations, suspensions, reactivations, recurring total changes, and more—all without paying for a third-party app. It’s a simple, cost-effective solution to managing your subscription business.

2. WooCommerce native subscription support

Bankful Woo 3.1 now supports WooCommerce native subscriptions, meaning you can manage all your subscription-related tasks directly within the WooCommerce platform.

Key features you can manage include:

  • Cancellations
  • Suspensions
  • Reactivations
  • Recurring total changes

These features are now built into your WooCommerce store, giving you full control over your subscriptions without the hassle of using external apps.

FeatureBankfulWoo SubscriptionsRecurPayYith
CostFREE with Bankful Payments$19.99/month + 1.5% per transactionFree up to $99/month$199/year
Native WooCommerce Integration
Supports Recurring Payments
Manages Cancellations, Suspensions & Reactivations
Supports Credit Cards, Apple Pay, Google Pay, BNPL
Built-in Fraud Protection
Supports High-Risk Businesses (CBD, Firearms, Supplements, etc.)(High-Risk Friendly)❌ (Restricted)❌ (Restricted)❌ (Restricted)
Cloud-Based Subscription Sync (Cross-Platform Selling)

3. Powerful payment options

Bankful Woo 3.1 doesn’t just give you subscription management—it also provides a range of powerful payment options. Whether you want to accept credit cards, eCheck, Apple Pay, Google Pay, or Buy Now Pay Later (BNPL), Bankful has you covered.

We’ve also integrated fraud protection with Bankful’s Fraud Shield and added hosted checkout blocks to improve your conversion rates. You get the flexibility to choose the best payment method for your business, with the added security and convenience of Bankful’s comprehensive fraud protection system.

4. High-risk friendly

high risk subscriptions

Are you in a high-risk industry like CBD, supplements, or firearms? Bankful specializes in providing payment solutions for high-risk businesses. With our Woo 3.1 app, you don’t have to worry about payment holds or freezes. We make it easier to process payments, so you can focus on growing your business.

Why choose Bankful for your subscription business?

The Bankful Woo 3.1 release is perfect for subscription businesses, especially those looking for cost-effective solutions. By bundling subscription management directly with our payment gateway, you can eliminate unnecessary fees and reduce operational overhead. Whether you’re just starting out or looking to improve your current setup, Bankful offers a simple, efficient way to manage payments and subscriptions.

Ready to upgrade?

Don’t miss out on the chance to streamline your business and save money. Upgrade to Bankful Woo 3.1 today and take advantage of free subscription management and our full suite of payment options.

For existing Bankful merchants, upgrade by following the steps in this article- Updating the Bankful Plugin for Woo

If you have any questions or need assistance with the upgrade, our support team is here to help. Feel free to book a call with our support team on our Contact Us page.

Take control of your subscription business with Bankful—and start saving today!