Failed Payments

Subscription Businesses Lose 9% of Revenue From Failed Payments

Subscription Businesses Lose 9% of Revenue From Failed Payments
Subscription Businesses Lose 9% of Revenue From Failed Payments
March 13, 2023  |  Digital Payments

Subscription businesses overlook the significant negative impact of failed payments on bottom lines. While many companies focus on customer churn, just a small share recognize...

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To Stop Cancellations, Subscription Companies Can Fight Failed Payments and Fraud
To Stop Cancellations, Subscription Companies Can Fight Failed Payments and Fraud
February 21, 2023  |  Subscriptions

In what’s already becoming another tumultuous economic year, direct-to-consumer (D2C) businesses may want to prioritize the prevention of two things: failed payments and fraud. 2023...

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Subscription Businesses Want Better Tools to Reverse the Churn Trend
Subscription Businesses Want Better Tools to Reverse the Churn Trend
February 17, 2023  |  Subscriptions

“A failed payment disrupts the connection and trust between the subscription provider and the subscriber,” Vindicia Head of Customer Success Meena Srinivasan told PYMNTS. Not...

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PYMNTS Intelligence: Recovering Failed Payments to Supercharge Customer Lifetime Value
PYMNTS Intelligence: Recovering Failed Payments to Supercharge Customer Lifetime Value
February 10, 2023  |  Subscriptions

Customer lifetime value might be the most important metric for subscription companies to track in 2023. Those companies that can extend subscribers’ commitments by even...

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Saving Failed Payments Key to Securing Subscriber Lifetime Value
Saving Failed Payments Key to Securing Subscriber Lifetime Value
February 10, 2023  |  Subscriptions

New research has revealed a staggering gap in the number of subscription companies that track customer lifetime value, which ironically is one of the key...

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Bean Box CEO: Lack of Product Options Puts Subscription Sales at Risk
Bean Box CEO: Lack of Product Options Puts Subscription Sales at Risk
February 08, 2023  |  Subscriptions

Economic worries, such as stagnant wages, increasing interest rates and inconsistent inflation, are piling up on consumers, forcing them to examine their spending. As they...

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Failed Subscription Payments Do Damage but Are Fixable
Failed Subscription Payments Do Damage but Are Fixable
January 27, 2023  |  Subscriptions

If customer churn is an inevitable reality within the subscription industry, than involuntary churn is, perhaps, its unavoidable and unwanted cousin. Often the result of...

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Failed Payments Top Pain Point for Subscription Businesses
Failed Payments Top Pain Point for Subscription Businesses
January 20, 2023  |  Subscriptions

It’s been a tough time for subscription businesses, especially for direct-to-consumer (D2C) companies focused on retail. PYMNTS’ research noted that the average subscription per retail subscriber...

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