PYMNTS-MonitorEdge-May-2024

recurring payments

Costco’s Membership Crackdown Follows Netflix’s Lead, But Will It Backfire?
Costco’s Membership Crackdown Follows Netflix’s Lead, But Will It Backfire?
June 28, 2023  |  Subscriptions

Costco is taking a page from Netflix’s book, cracking down on membership sharing, but the wholesaler may be overlooking a key difference between its membership...

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Sezzle Launches Subscription Service Enabling Installment Payments Anywhere
Sezzle Launches Subscription Service Enabling Installment Payments Anywhere
June 22, 2023  |  Payment Methods

Sezzle has launched a subscription-based service that lets shoppers use its Virtual Card anywhere Visa is accepted. The new Sezzle Pay Anywhere product is designed to give additional choice and...

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Retail Subscriptions Hold Their Appeal for Many As Retention Takes the Spotlight
Retail Subscriptions Hold Their Appeal for Many As Retention Takes the Spotlight
May 08, 2023  |  Subscriptions

Despite belt-tightening among consumers, retail subscriptions proved resilient in the first quarter and show no signs of weakening, offering proof points on the power of...

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Economic Headwinds Force Hard Look at What Drives Customer Value, Says FlexPay COO
Economic Headwinds Force Hard Look at What Drives Customer Value, Says FlexPay COO
May 05, 2023  |  Payment Methods

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Reborn MoviePass Will Be Promoted at Walmart
Reborn MoviePass Will Be Promoted at Walmart
April 25, 2023  |  Subscription Commerce

After surviving bankruptcy and some run-ins with The U.S. Department of Justice, among other problems, movie theater subscription plan MoviePass is set to return this summer with...

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Community.com, Artifact and Substack Creating Next-Gen Social Platforms Around Text
Community.com, Artifact and Substack Creating Next-Gen Social Platforms Around Text
April 25, 2023  |  Social Commerce

Rising next-gen social engagement platforms are not on the metaverse or Web3 but rather simplified and streamlined text-based apps that draw together like-minded users and...

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Spotify Sees Monthly User Numbers Jump 22% in Q1
Spotify Sees Monthly User Numbers Jump 22% in Q1
April 25, 2023  |  Earnings

Spotify’s revenues climbed in its strongest-ever first quarter, driven by an uptick in paying subscribers. The streaming audio platform’s 22% increase in monthly active users was...

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2023 Looms as Banner Year for eInvoicing in the US
2023 Looms as Banner Year for eInvoicing in the US
April 24, 2023  |  Payment Methods

The pivot toward electronic invoicing — and away from paper — will get a significant tailwind this year in the United States. The Federal Reserve...

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Retail Subscription Features Help Woo Consumer Engagement
Retail Subscription Features Help Woo Consumer Engagement
April 19, 2023  |  Subscriptions

Consumer use of retail subscriptions started rebounding across most demographic groups in the first quarter of 2023, rising 11% since September 2022 and showing the...

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