Recurring Payments, Boosting Customer Loyalty – And Merchants’ Top Lines
Subscription commerce, and the recurring payments tied to it, has advantages for consumers and merchants alike. There’s the lure of dependable top-line growth (and cash flow, to boot), and the ease of payment also keeps customers loyal. But as data from the latest Global Recurring Payments Tracker shows, it is important for merchants to identify and satisfy local payment preferences – or risk seeing churn rates rise.
Data:
