Klarna adds subscription plan
Payments Dive
JANUARY 24, 2024
With an IPO on the horizon, the BNPL firm is offering customers a subscription service for $7.99 per month.
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Payments Dive
JANUARY 24, 2024
With an IPO on the horizon, the BNPL firm is offering customers a subscription service for $7.99 per month.
PYMNTS
NOVEMBER 13, 2020
Target has canceled its subscription service, a foray into bulk discount purchasing launched seven years ago. A spokesperson for Target told Bloomberg News that customers had migrated away from the subscription service to the retail giant’s other delivery and ordering services.
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PYMNTS
OCTOBER 2, 2020
Back then, you paid the subscription price and got a 12-inch stack of paper, replete with sections you never really read that closely. The conversation came against a backdrop where subscription commerce — across any number of verticals – has seen a heady rise in demand. Netflix has kind of cracked the code,” said Dorbala.
PYMNTS
AUGUST 19, 2020
And where the consumer’s appetite for the daily fix of movies, news, shoes and games only grows, the subscription economy is poised to grow in lockstep. Apple, of course, has reportedly been readying subscription bundles via “Apple One,” which will bundle a range of services in tiered offerings at yet-to-be-named price points.
PYMNTS
DECEMBER 14, 2020
Subscription services are taking off during the pandemic, and software-as-a-service (SaaS) providers are no exception. The December Subscription Commerce Tracker® explores the latest developments in the SaaS sector, as well as trends in the subscription market, as businesses seek flexible solutions to help them weather the pandemic.
PYMNTS
DECEMBER 18, 2020
The holiday shopping season is in full swing — and it’s increasingly looking like “’tis the season for purchasing subscriptions.”. He said many are finding that subscriptions are an ideal to check that box. So have apparel and even jewelry subscriptions. Building Subscriptions With Staying Power .
PYMNTS
JULY 15, 2020
It has revealed at the same time the value of the subscription model in a whole new light by allowing consumers to get steady supplies of their favorite goods and services direct to their homes without braving store aisles only to find limited inventory. The subscription economy is not immune to the wider economic headwinds, however.
PYMNTS
JULY 1, 2020
Stay-at-home mandates have consumers spending more on subscriptions, ranging from streaming services to buying retail products for day-to-day use. It is perhaps not surprising that merchants that are offering subscription services are flourishing. Yet, these services are still not immune to experiencing churn.
PYMNTS
NOVEMBER 25, 2020
According to Chad Buckendahl , vice president and general manager at San Francisco-based eCommerce subscription platform operator sticky.io , if you’re not studying how your best and worst customers are performing — from acquisition to retention to lifetime value — you’re missing a huge opportunity. Doing A Deep Dive Into Subscription KPIs.
PYMNTS
MAY 20, 2020
Analysts project 47 million new streaming subscriptions by the end of this year. But what goes up must come down, and PYMNTS research has found that nearly 28 million consumers will cancel at least one subscription in the near future. Evidently, this can happen when the world goes on lockdown for an entire season.
PYMNTS
JULY 10, 2020
Subscriptions are retaining their strength as “everything-as-a-service” (XaaS) joins the post-COVID chorus of business models that seem tailor-made for these strange days. PYMNTS’ July 2020 Subscription Commerce Conversion Index , done in collaboration with Recurly , shows how well subscription services are performing during the pandemic.
PYMNTS
NOVEMBER 24, 2020
“Jumped in” involved Paytronix creating a new capability for its restaurant and convenience store clients — a turnkey solution to make it easier for establishments to offer up subscriptions to their customers. How To Build A New Type Of Subscription. Riding The Subscription Raft Through The Second Wave .
PYMNTS
DECEMBER 22, 2020
“So when you take all of these consumer behavioral changes, there's a big seismic shift, and merchants have had to adapt really fast,” said Sharath Dorbala , CEO of subscription management platform Vindicia , in a recent conversation with PYMNTS’ Karen Webster. First, does a move improve retention? Dorbala noted that even a random $1.99
PYMNTS
AUGUST 4, 2020
There’s a new subscription apparel box on the market. The service is an outgrowth of StyleBox , a guided in-app shopping platform, and creates personalized subscription boxes curated by professional stylists. I want to provide our customers with freedom to decide if they want to have a subscription model or just a one-time purchase.
PYMNTS
MAY 11, 2020
As Recurly Senior Vice President Emma Clark told PYMNTS in a recent conversation, that means the landscape for subscription retail players has radically shifted in recent weeks. And in many cases, they are concerned more about their overall survival than how they can perfect their subscription model.
PYMNTS
SEPTEMBER 16, 2020
Subscription commerce platform AppDirect announced a new funding round of $185 million, which it will use to fund new expansions, hiring and strategic acquisitions, according to a Wednesday (Sept. AppDirect's services work to help companies implement subscription services, including easy launching and scaling capabilities.
PYMNTS
NOVEMBER 24, 2020
FinTech, digital banking, saving, N26, banking, news, what's hotGerman FinTech N26 is launching a subscription-based digital banking suite to help individuals and businesses better manage their savings and spending. N26 is the pioneer of a freemium subscription model in banking.
PYMNTS
NOVEMBER 4, 2020
And in recurring payments, the subscription commerce sector appears to be weathering the economic storm, and could even emerge more formidable when the pandemic recedes. Data: 293%: Increase in the Chicago Tribune’s digital subscriptions in March. Data: 293%: Increase in the Chicago Tribune’s digital subscriptions in March.
PYMNTS
NOVEMBER 11, 2020
Paytronix has launched Paytronix Subscriptions, a subscription-building product that will allow any restaurant or convenience store to set up and manage a subscription program for its customers, the company announced on Wednesday (Nov. Paytronix Subscriptions will be a key component of its customer loyalty platform.
PYMNTS
NOVEMBER 6, 2020
Subscriptions of every description are set to the beachheads of commerce over the next year or so in a frenzy of monthly boxes, streaming entertainment services and educational media. Quality programming is holding media subscription churn at bay, for now. That recent report also said this: “[Roughly] 13.4 Read All About It, Online.
PYMNTS
SEPTEMBER 16, 2020
Subscription commerce is giving consumers a sense of stability during an increasingly chaotic year. This appears to be driving an uptake in subscription plans for daily goods. This appears to be driving an uptake in subscription plans for daily goods. Around The Consumer Goods And D2C Subscription Landscape. A recent U.S.
PYMNTS
DECEMBER 15, 2020
Subscription services are among the few industries that have not only survived but also thrived during the pandemic as consumers have sought to entertain themselves from home and receive goods at their doorsteps rather than venture out to stores. There is an increasing comfort with subscription,” he said. How Comfort Drives Uptake.
PYMNTS
NOVEMBER 25, 2019
Subscription commerce is all the rage and shows every sign that it will keep growing in the 2020s. How not to take all that for granted — how to do better subscription commerce — was one of the main themes of a recent PYMNTS discussion with recurring payments provider Recurly ’s Emma Clark. But that would be a mistake.
PYMNTS
NOVEMBER 4, 2020
With holiday shopping getting underway amidst a challenging economic climate, the timing and importance of retaining subscription -based customers could be the difference for businesses looking to have a strong finish to an otherwise challenging year. Active Versus Passive Churn. More Focus On Data.
PYMNTS
JUNE 25, 2020
Panera Bread is doing just that, supercharging its 5-month-old coffee subscription service with unlimited free coffee. The summer-long promotion is open only to members of the unlimited MyPanera+ Coffee Subscription service, which normally costs $8.99 Free trials are another time-tested technique getting a post-pandemic workout.
PYMNTS
DECEMBER 22, 2020
Subscription bundles come in many forms, from cable TV tiers to Software-as-a-Service (SaaS) providers assembling suites of digital collaboration tools. The problem is that some people don’t want to pay for the Lawn Mowing Channel, no matter how much fun the other channels in the bundle are – and those SaaS subscriptions often go half-used.
PYMNTS
NOVEMBER 4, 2020
Consumers’ thirst for news content about COVID-19 crisis developments — including economic impacts, federal stimulus aid and effects on the presidential election — has substantially accelerated digital subscriptions this year, breathing new life into the industry. The number of digital subscriptions reached a record 5.7
PYMNTS
NOVEMBER 8, 2020
Disney+ is partnering with Epic Games ’ Fortnite on a free two-month subscription for the popular movie streaming service, according to a post on the Epic Games website. 6) will still be eligible as long as they visit fortnite.com/disneyplus starting Tuesday to redeem their subscription. Starting Tuesday (Nov.
Payments Dive
APRIL 5, 2019
As MoviePass relaunches its controversial unlimited subscription plan for film buffs, the industry is expecting more disruption as rival services emerge.
PYMNTS
JANUARY 27, 2021
But for consumers, as noted by PYMNTS research, more than half of subscribers rank saving money among the top three reasons for considering buying subscription bundles. Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions.
PYMNTS
SEPTEMBER 17, 2020
This preference appears to be fueling an uptake in subscriptions for everyday goods. And Apple went live with its big yearly autumn event to unveil its newest technology offerings, with the Apple Watches and Apple One subscription taking center stage. consumers who pay for subscriptions. consumers who pay for subscriptions.
PYMNTS
JULY 7, 2020
Jaguar Land Rover is dipping its paw into the subscription automobile leasing pool, just as peer Mercedes is climbing out after a trial run, Autoweek reported on Tuesday (July 7). Subscription models vary, but in general, they allow customers to lease cars for periods of around six months.
Payments Dive
MAY 21, 2019
A slowing cycle for new mobile device purchases and a changing demand by consumers who want freedom and flexibility in digital content is driving subscription payments as an increasingly popular model for e-commerce.
PYMNTS
APRIL 30, 2020
As one looks across the subscription landscape with an eye toward combating the consistent issue that churn presents, there are often small breakpoints where churn is happening and can be battled back – if merchants can zero in on the right targets and make the biggest impacts, Recurly Senior Vice President Danielle Gotkis told PYMNTS.
PYMNTS
MARCH 3, 2020
Subscription management platform provider Zuora is working with Kia Motors America to offer connected car subscriptions. Zuora said in a press release on Tuesday (March 3) that Kia is using its platform to launch and scale its UVO Link subscription service, which is a portfolio of connected vehicle services.
PYMNTS
FEBRUARY 26, 2019
Subscription commerce has come a long way since book-of-the-month clubs and those record and cassette retailers that tempted teenagers with seeming impossible introductory deals. Subscription Growth. And as subscription commerce grows and spreads, payments will have a major role in those developments. Checkout Experiences.
PYMNTS
JANUARY 9, 2020
These are some of the quick takes from the latest PYMNTS Subscription Commerce Conversion Index , where SaaS/cloud computing merchants pulled ahead of business services providers, among other surprises. Though not without snags, the launch marks the literal “Disneyfication” of streaming subscriptions. average score versus 63.2,
Bank Innovation
NOVEMBER 4, 2019
Personal finance, banking and investment platform MoneyLion is moving its monthly subscription fee to a rate similar to Netflix and Spotify starting next year. The company currently offers a free checking account and a $19.99
PYMNTS
OCTOBER 29, 2020
COVID-19 had an immediate and dramatic impact on the state of subscription commerce. And amid the great digital shift, a subscription, in and of itself, is a commitment to a future action (payments) for future deliveries of products. We’ve created a platform that offers flexibility in order management and billing," he explains.
PYMNTS
SEPTEMBER 8, 2020
And that, in turn, is being challenged by ideas like fractional ownership and, more recently, auto subscriptions. macro tailwinds like the rising popularity of leasing” to create the company’s subscription model, he added. That's what subscriptions enable,” he added. Auto Subscriptions Go DTC .
The Paypers
APRIL 4, 2024
Multinational payment card services company Visa has announced the launch of Subscription Manager, a service for tracking subscriptions conveniently.
PYMNTS
NOVEMBER 17, 2020
Ever since mid-September when Walmart launched Walmart+, its new subscription service — often referred to as “Walmart’s answer to Amazon Prime” — the question has been how the product actually stacks up against Prime. The Subscription Challenge Going Forward. There are currently 47 million such U.S. 17), Prime Pharmacy services.
PYMNTS
JULY 11, 2019
It’s one of the blessings and curses of subscription eCommerce: As easy as it can be to sign up consumers for one such service or another, it can be just as easy for that consumer to leave that service after a month or two. We live in a fear-of-commitment moment,” he said, “yet subscriptions are proliferating.”. It found that 90.7
PYMNTS
FEBRUARY 17, 2020
To provide consumers with the curation of a subscription box or the flexibility of a rental platform, digital innovators are tapping into the subscription business model. And even brick-and-mortar retailers are tapping into this market with the help of subscriptions. The growth in U.S.
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