What comes to your mind when someone says “subscription?”
Is it magazines or newsletters? Access to online software or entertainment? Pre-cooked meals delivered to your door?
Pretty much everyone has a payment card these days. In fact, the average American has at least one debit card, plus four credit cards per person in 2021.
According to recent reports, the global market for subscription billing management will nearly double in size in the next five years. Already, roughly 5% of European consumer spending is dedicated to subscription services.
The world is growing increasingly comfortable with digital business. More companies are starting to recognize subscription-based services as a profitable and consumer-centric business model.
There’s no denying that eCommerce is swiftly taking over most markets. Once upon a time, a shopper had to get dressed, fill up their gas tank, battle traffic,
You’re probably familiar with EMV chip card technology at this stage in the payments game. The “chip” in question is that little gold microchip pressed into the front of your debit or credit card which relays your secured information to the payment processor.
Consumers and merchants don’t always see eye-to-eye. One thing most parties will agree on, though: they love the subscription billing model.
This billing method offers advantages for both merchants and customers.
Thanks to the internet and eCommerce, you have greater access to eager consumers than ever before. Shoppers from around the globe can easily become regular customers.
Consumers can be demanding. They crave the on-demand convenience offered by remote shopping channels. At the same time,
A “set it and forget it” business model is the best way to keep customers buying on a consistent basis. Every year,