September 30, 2024
How Open Payments Boost Performance
Payment failures can be a constant challenge for merchant aggregators as they grow and handle an increasing number of gateways and transactions on a global scale. Consumers expect their preferred...
September 30, 2024
39% of Millennials Say They’ve Used BNPL as a Payment...
Buy now, pay later (BNPL) has emerged as a compelling payment option, particularly among millennials. This shift presents an opportunity for subscription merchants to enhance their offerings, potentially increasing revenue...
September 27, 2024
EPI Rolls Out Wero Instant Payment Solution Across Western Europe
A new digital wallet and instant payment solution dubbed “Wero” is reportedly being rolled out across western Europe. Backed by 16 of the European Union’s major banks and payment processors,...
September 24, 2024
TikTok Pulling Plug on Streaming Music Service
TikTok says its streaming music service won’t be around for much longer. “We are sorry to inform you that TikTok Music will be closing on 28 November 2024,” the video...
September 20, 2024
Embr Labs: Evolving Women’s Health With Subscriptions and Community Support
For Sam Shames, co-founder and COO of Embr Labs, a degree of renown has followed the Boston-based technology startup since it launched in 2017 with the Embr Wave, a wrist-worn...
September 19, 2024
Will Walmart’s New Bank Payment Option Tip the Scales for...
Walmart’s scale and installed base of loyal customers may move the needle on instant payments in general, and instant bank payments specifically. PYMNTS Intelligence estimated earlier this year that as...
September 19, 2024
Amazon and Walmart Add Membership Value to Deepen Loyalty
As retail giants Amazon and Walmart race to capture consumers’ online shopping spend, both aim to sweeten the deal for members of their paid subscriptions to drive loyalty and engagement....
September 18, 2024
Zuora CEO Warns of ‘Subscription Sophistication’ Gap as Market Matures
When Tien Tzuo coined the term “subscription economy” in 2007, he envisioned a future where consumers would prioritize access over ownership. As the CEO of subscription management platform Zuora, Tzuo...
September 17, 2024
Three Things You Need to Know About Open Payments
Open payments have become a necessity for eCommerce businesses. With more payment options than ever, customers expect the businesses they patronize to accept their preferred methods. No matter how niche...
Subscription merchants that fail to offer multiple ways for consumers to buy their products will see their sales take a hit, says Bean Box CEO Matthew Berk. Only giving consumers one way to buy and pay is a key driver of voluntary churn, especially in these times. Read the “Subscription Commerce Tracker®,” a collaboration with Vindicia, for more.
Retail subscriptions are changing the shopping landscape, and nearly one-third of subscribers purchase most or all items using scheduled or auto-fill subscriptions. PYMNTS Intelligence’s latest study of 2,011 consumers and 188 retail subscription merchants, “The Replenish Economy: A Household Supply Deep Dive,” a collaboration with sticky.io, details the replenish economy and its impact on in-store shopping habits.