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Don’t Expect a CCCA Windfall, Banks Say; Atomic Subscription Tools Aid FIs Presto; Revenue Down 33%
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Atomic Looks to Ease the Subscription Economy for Consumers Via a New App That Works Inside Banks’ Apps
Recurring payments like subscriptions have been gaining increasing attention as more businesses supplement one-off sales and as banks and billers look for ways to automate the process for consumers within their own apps. Now the capability to make and control recurring payments is coming to consumers on their mobile phones. …
Read More »Mastercard Eases Subscription Management; Priority’s Record Earnings; TCH’s ACH Volume up 8%
Mastercard Adds Subscription Tools; Recurly Sees 71% Growth in Software Subscriptions
Mastercard Inc. released Smart Subscriptions, a service to help issuers provide subscription-management tools to their cardholders. In related news, Recurly Inc., a subscription-services provider, released its consumer software subscription benchmark report. The Smart Subscriptions service builds on Mastercard’s Subscriptions Control product, released in 2023, to provide spend analysis, a way …
Read More »Eye on BNPL: Klarna Debuts a Subscription Service; PublicSquare Enlists Credova
Klarna AB, a buy now, pay later provider, is entering the subscription arena with the U.S. launch of Klarna Plus. For $7.99 a month, Klarna Plus enables eligible consumers to earn double rewards points on their purchases, pay no service fee when using Klarna at merchants outside of the Klarna …
Read More »Ingenico’s Global POS Venture with Cybersource; Eye on E-Commerce; Debit a Favored Subscription Choice
Debit a Favored Subscription Choice And Other Digital Transactions News briefs from 1/23/24
Subscription management specialist Recurly Inc. released its 2024 State of Subscriptions report that found 45.5% of consumers chose debit as the subscription payment method, followed by credit cards, 33%, PayPal, 19.3%, and other alternative payment methods, 2.2%. Wise, a platform for international money transfers, said junk fees associated with credit cards and …
Read More »TCH Readies for Real-Time Payments Boom; Visa’s $1 Billion Acquisition; Mastercard’s Subscription Plans
Mastercard’s Subscription Plans And Other Digital Transactions News briefs from 6/29/23
Mastercard Inc., working with Subaio, which offers a subscription management service for banks, launched a subscription control service to make it easier for consumers to identify and unsubscribe from recurring payments via banks’ apps and online access. The move comes after the Federal Trade Commission proposed a rule that would require sellers …
Read More »Square Subscriptions Are Coming As Square Releases a Flurry of Nearly 100 Updates
Square, the in-store and online commerce arm of Block Inc., says Square Subscriptions is in tests for Square Online users. The feature is one of nearly 100 updates the company announced Wednesday. Other notable features include Waitlists in Square Appointments and an integration with reservation provider OpenTable in Square for …
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