Subscription Payments news and trends

Solidcore Says Subscriptions Take Over Wellness Industry as Consumers Seek Convenience 
Subscriptions // January 22, 2024

As consumers increasingly expect seamless convenience across all their daily routines, health and wellness services are increasingly relying on subscription models. In an interview with PYMNTS, Shane McCarthy, senior vice president of digital and marketing at strength training company Solidcore, noted that the wellness industry is...

Wrong Product Info and Ratings Drive Auto-Fill Subscription Cancellations
Subscriptions // December 11, 2023

Consumers may choose to use auto-fill subscriptions, but they have little tolerance for company mistakes. Convenience is key for consumers who subscribe to auto-buy retail products, even more so than for enjoyment or savings and benefits associated with the subscription programs, data shows. Thirty-eight percent...

Uber Sees Members Spend 4x More Than Nonmembers as Delivery Bookings Surge 14%
Earnings // August 01, 2023

Uber’s cross-platform activity continued to gain ground as members engaged more often with the company’s continuum of services. And members of the company’s premium paid programs, management said on the conference call Tuesday (Aug. 1), are driving a significant percentage of bookings — and could...

Sezzle Launches Subscription Service Enabling Installment Payments Anywhere
Payment Methods // June 22, 2023

Sezzle has launched a subscription-based service that lets shoppers use its Virtual Card anywhere Visa is accepted. The new Sezzle Pay Anywhere product is designed to give additional choice and flexibility along with access to responsible financing for consumers who have had difficulty accessing financing, Sezzle said in a Thursday...

Interviews & Exclusives
Boomers Lead Trend Toward Paying for Necessities With Subscriptions

April 08, 2024
When you think of subscriptions, an array of products and services likely come to mind.  From streaming services to pet foods to coffee pods to yoga classes, consumers of all ages have embraced subscription payment plans to cover the costs of the items they enjoy on a recurring basis. Three in 10 financially-challenged consumers splurge on […]

Solidcore Says Subscriptions Take Over Wellness Industry as Consumers Seek Convenience 

January 22, 2024
As consumers increasingly expect seamless convenience across all their daily routines, health and wellness services are increasingly relying on subscription models. In an interview with PYMNTS, Shane McCarthy, senior vice...

Uber Sees Members Spend 4x More Than Nonmembers as Delivery Bookings Surge 14%

August 01, 2023
Uber’s cross-platform activity continued to gain ground as members engaged more often with the company’s continuum of services. And members of the company’s premium paid programs, management said on the...

Economic Headwinds Force Hard Look at What Drives Customer Value, Says FlexPay COO

May 05, 2023
PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Trevor Murphy, COO and...

Quick Reads
Sezzle Launches Subscription Service Enabling Installment Payments Anywhere

June 22, 2023
Sezzle has launched a subscription-based service that lets shoppers use its Virtual Card anywhere Visa is accepted. The new Sezzle Pay Anywhere product is designed to give additional choice and flexibility along with access to responsible financing for consumers who have had difficulty accessing financing, Sezzle said in a Thursday (June 22) press release. “Our consumers recognize the benefits that responsible, […]

Mastercard and Xsolla Team to Streamline Gaming Payments

February 09, 2023
Mastercard and Xsolla say they want to make payments easier for gamers. According to a Thursday (Feb. 9) news release, Mastercard has teamed with the video game commerce company to create “frictionless, secure, and...

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’...

Facebook to Pull Plug on Gaming App

August 30, 2022
Two years after its launch, Facebook says it is closing down the Facebook Gaming app. According to an update posted Tuesday (Aug. 30), the app will shut down Oct. 28...