Brazil’s potential customer base tempts global subscription service providers, as the South American country boasts a population of 200 million and had 132 million people with internet connections in 2018. Web-connected Brazilians spend a hefty amount of time online, averaging 26 hours per week, and...
U.S. Software-as-a-Service (SaaS) providers expanding globally may find that card payments give way to paper invoices and cash payments, says SaaS company Corel’s Executive Vice President of Global eCommerce and Digital Marketing Rob Charlebois. In this month’s Global Recurring Payments Tracker, he tells PYMNTS how...
Global subscription businesses looking for a fresh crop of customers are setting their sights on emerging markets. These economies are modernizing, and consumers are increasingly becoming connected, making them compelling sources of potential customers. Subscription providers can’t just copy the payment approaches that helped...
Cross-border payments firm Western Union is advancing real-time money transfers to customers in India, the company said in a press release on Friday (Oct. 25). Western Union was the first money transfer company to use Unified Payments Interface (UPI), a solution developed by the National...
Subscriptions represent an increasingly powerful method of offering services to consumers. The sales model can appeal to users by providing access to offerings for a desired period of time without the commitment of purchasing, as with car subscriptions, or to personalized content, as is the...
Pay local — on a global scale. To that end, Flywire said at the end of last month that it has partnered with JCB International in a relationship that provides international students in Asia with options as they make cross-border tuition payments. In a PYMNTS...
Cloud-based software subscriptions are highly desired in emerging markets, but consumers can still be hard to serve since access to traditional payment methods isn't always available. Tunio Zafer, CEO of cloud storage provider pCloud, explains how subscription businesses can localize payments to effectively engage and...
Subscription-based offerings can be key to helping business-to-consumer (B2C) companies establish long-running relationships and lock down more predictable revenue streams. Effective subscription offerings require careful strategizing around payments, however. Should customers’ recurring payments fail, due to credit cards expiring or other issues, this could produce...
The global economy is more interconnected than ever, with more companies doing business abroad than at any time in recorded history. On one hand, this brings opportunity, with businesses reaching more customers in more markets. On the other hand, it also means they must learn...
