FlexPay

Report: Subscription Companies Deploy Best Practices in Tough Economy 
Report: Subscription Companies Deploy Best Practices in Tough Economy 
January 10, 2023  |  Subscription Commerce

Subscription companies are looking to deploy best practices as they deal with an economic downturn. That’s one of the findings of a new report released...

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Subscription Businesses That Measure Lifetime Customer Value Outperform Competitors
Subscription Businesses That Measure Lifetime Customer Value Outperform Competitors
January 09, 2023  |  Subscription Commerce

PYMNTS’ latest research on the subscription industry reveals that firms that track and manage customer lifetime value (LTV) are five times more likely to be...

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Payment Declines Are the ‘Silent Killer’ of Subscriber Lifetime Value
Payment Declines Are the ‘Silent Killer’ of Subscriber Lifetime Value
October 25, 2022  |  Subscriptions

A payment decline feels like a slap in the face to subscribers, especially when it’s the result of a processing mistake on the part of...

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Economic Downturn Is the Time to Improve Operations
Economic Downturn Is the Time to Improve Operations
October 19, 2022  |  Opinion

Improving customer retention and satisfaction is twice as critical now than during times of high growth, FlexPay founder and CEO Darryl Hicks writes in the new PYMNTS...

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Consumers Have Nearly Twice the Subscriptions They Had in February 2020
Consumers Have Nearly Twice the Subscriptions They Had in February 2020
December 10, 2021  |  Subscriptions

Consumers’ use of automated payments for subscription services has grown steadily, but growth has been particularly substantial over the past two years. This behavior aligns...

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27% of Subscribers Have Experienced a Declined Payment Within the Past Year 
27% of Subscribers Have Experienced a Declined Payment Within the Past Year 
November 30, 2021  |  Subscription Commerce

Consumers have a growing appetite for subscription services, but they can quickly sour on the experience when their automated payments are declined. Unfortunately, hiccups in...

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Payment Declines Drive Subscription Churn For 27% of Subscribers
Payment Declines Drive Subscription Churn For 27% of Subscribers
November 17, 2021  |  Subscription Commerce

At a high level, the healthiest, most sustainable subscription businesses with the happiest customers tend to focus obsessively on reducing churn. And churn correlates directly...

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27% of Subscription Customers Had a Payment Issue in the Last Year
27% of Subscription Customers Had a Payment Issue in the Last Year
November 15, 2021  |  Subscription Commerce

Consumers have developed an increased appetite for subscription services, and they may well be pleased with the convenience these services provide, but a large part of keeping that experience positive hinges...

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Time to Face the Facts on Failed Payments and Subscriber Churn and the AI/ML Remedies That Can Fix Them
Time to Face the Facts on Failed Payments and Subscriber Churn and the AI/ML Remedies...
November 09, 2021  |  Artificial Intelligence

Whoever said “what you don’t know can’t hurt you” clearly never operated an eCommerce subscription business. Take failed payments. They’re endemic to subscriptions and cause...

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