The buy now, pay later (BNPL) company Afterpay has unveiled a subscription solution, allowing customers to pay for recurring purchases in installments. The San Francisco company announced the service in a news release on Wednesday (Nov. 24), saying it would launch early next year. Merchants...
Uber is introducing a new membership program that bundles rideshares, grocery and food delivery for a monthly fee in exchange for discounts and other perks, according to a press release. The $9.99 monthly Uber One membership, or $99.99 annually, offers 5% off eligible rides and...
Do you subscribe to the idea that subscription spikes are falling off? If so, then you’re in for a stunner. Consumers are not only acquiring more subscriptions, but they’re now also less likely to cancel them. That’s a relief, at least for the subscription merchants...
In 2012, Ignacio Escolar launched Eldiario (The Daily), an online-only newspaper with nine staffers featuring a fee-based model that allows readers to pay whatever they want to access the digital content — even if that meant paying nothing, according to a Bloomberg report Friday (Nov....
Owners of Freightliner Cascadia big rigs can now equip them with their choice of software and apps, using the new Virtual Vehicle subscription service announced Tuesday (Nov. 9), Freightliner’s parent company, Daimler Trucks North America, (DTNA) and internet-of-things (IoT) company Platform Science announced. An open...
In 2013, Olivia Canlas saw subscription boxes for dog owners, wine connoisseurs, book lovers and various others, but none for cat owners. As the owner of two cats herself, she felt she was the right person to bring that idea to life. Today, eight years...
By most accounts, the consumer love affair with retail subscription services has never been stronger, and yet a simple erroneous payment decline can seriously test their loyalty. PYMNTS’ new Optimizing Subscription Payments polled 2,200 shoppers to see what makes them buy — and what makes...
The Federal Trade Commission handed down a new policy statement that aims to increase enforcement against subscription services that use nefarious tactics to get customers to commit to ongoing charges. “Today’s enforcement policy statement makes clear that tricking consumers into signing up for subscription programs...
Michael Beauchamp is a lifelong car enthusiast, but he’s never enjoyed the car buying experience. He said the whole process — from hunting down a deal, to haggling over financing and a down payment, to trading in or reselling a car — seems like one...
