Flexpay news and trends

FlexPay and Spreedly Team to Recover Failed Subscription Payments
Subscription Commerce // June 26, 2024

Open payments platform Spreedly has expanded its partnership with payments company FlexPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
Fraud Prevention // February 27, 2024

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt the transaction using the same payment method. Get the Full Story Complete the form to unlock this article and enjoy...

Top-Performing Subscription Merchants Recover 60% of Failed Payments
Subscriptions // December 28, 2023

Subscription companies lose an average of 9% of sales to failed payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Half of Subscription Cancellations Are Due to Failed Card Payments
Subscriptions // November 17, 2023

Failed payments have an impact on customer churn in the subscription business industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Interviews & Exclusives
56% of US Consumers Experienced a False Payment Decline in Last 90 Days

October 08, 2024
In an era of evolving consumer preferences, merchants face mounting pressure to streamline payment processes. As payment methods diversify and the costs of transaction processing rise, open payments platforms have emerged as vital tools for merchants and aggregators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]

The Failed Payments Recovery Missing Link

August 04, 2023
As more of 2023 is in the rearview mirror than in front of us, subscription businesses are having a tough time, according to FlexPay CEO Darryl Hicks. Get the Full...

Subscription Merchants See Failed Payments Spike Churn Rates

August 02, 2023
When the subscription industry’s customers experience failed payments, it can directly lead to churn, PYMNTS research reveals, prompting merchants to lose out on hundreds of millions of dollars. Get the...

Study: 70% of Subscription Firms Don’t Measure Customer Retention Rates

July 12, 2023
“How’m I doing?” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Quick Reads
FlexPay and Spreedly Team to Recover Failed Subscription Payments

June 26, 2024
Open payments platform Spreedly has expanded its partnership with payments company FlexPay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Top-Performing Subscription Merchants Recover 60% of Failed Payments

December 28, 2023
Subscription companies lose an average of 9% of sales to failed payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

UK Businesses Say New Subscription Rules Too Rigorous

July 09, 2023
British businesses are protesting new regulations to make it easier for customers to cancel subscriptions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Report: Subscription Companies Deploy Best Practices in Tough Economy 

January 10, 2023
Subscription companies are looking to deploy best practices as they deal with an economic downturn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...