Automatic Payments news and trends

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

The pivot toward electronic invoicing — and away from paper — will get a significant tailwind this year in the United States. The Federal Reserve and the Business Payments Coalition (BPC) have been moving through a pilot exchange framework, first announced in 2021, that will connect businesses...

GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments
Payment Methods // February 08, 2023

GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank payment network into payment providers’ platforms while enabling them to keep control of the customer experience, GoCardless said in a...

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

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 dropped in September to 2.9, its lowest level since July 2021. We also measured a 2% dip in the share of consumers...

More Brands Following Tech and Automakers into Connected Cars
Connected Economy // December 06, 2022

As consumers seek frictionless payments, businesses are looking to connect with captive in-car customers. Most recently, energy giant Chevron was reported to have created an app for Apple CarPlay and Android Auto whereby those with mobile accounts can pay for their fuel purchases inside their vehicles and earn rewards....

Interviews & Exclusives
Failed Payments Top Pain Point for Subscription Businesses

January 20, 2023
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 dropped in September to 2.9, its lowest level since July 2021. We also measured a 2% dip in the share of consumers overall with retail subscriptions.  Given these economic headwinds, D2C businesses […]

Subscription Economy Shifts: MoviePass Closes, Ford Reverses And Porn Gets In The Game

September 16, 2019
After over two years of speculation — and a fair number of predictions of imminent doom — it seems MoviePass has finally, actually come to its last reel. MoviePass is...

Quick Reads
Payment Problems Create Headaches for Patreon Creators

August 03, 2023
A pair of seemingly unrelated payment issues are bedeviling Patreon creators and their fans. As The Verge reported Thursday (Aug. 3), some creators cannot access their earnings due to an issue with a payout provider that began earlier this week. As this is happening, some subscribers are getting notified that their banks are flagging their payments as fraudulent, leading […]

GoCardless Launches White-Label Product Enabling Bank-to-Bank Payments

February 08, 2023
GoCardless has launched a solution that enables third-party payment providers to allow bank-to-bank payments. The new GoCardless Embed is a white-label product that integrates the firm’s global bank payment network into payment providers’...

Indian Healthcare Platform PharmEasy Taps Cashfree Payments for Transaction Processing

August 17, 2022
Indian payments and banking solutions provider Cashfree Payments has partnered with Indian digital healthcare platform PharmEasy to help the platform speed its payments to its retail partners.  PharmEasy will use...

Plaid Calls For Startups To Help Tackle $1.6T Student Debt Balance

October 29, 2019
In its third annual Request for Startups, Plaid is aiming to focus on student debt management along with other areas of financial services that FinTech has underserviced. The firm notes that...