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.

Gaming 115

Gaming Sales Government Account 115

Cherry Bekaert

JANUARY 19, 2023

Contributor: Jack McKee, Manager | Government & Public Sector Governmental Accounting Standards Board (GASB) Statement 96 provides guidance and addresses how the costs and investments for subscription-based information technology arrangements (SBITAs) are accounted for and disclosed by governmental entities. Why was GASB 96 created?

Technology 98

Technology Government accounting standards financial statements 98

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.

New York 108

New York 108

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.

80

80

SchoolofBookkeeping

MAY 12, 2023

If you're a QuickBooks accounting professional, you may have noticed a recent change in how new subscriptions to QuickBooks Online are handled. Intuit, the company behind QuickBooks, has started automatically creating QB Payments accounts for all new subscriptions. What Changed and What does this Mean? harm no foul.

quickbooks 98

quickbooks Account accountant accounted 98

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 .

Entertainment 120

Entertainment Retail Start-ups Technology 120

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.

Education 95

Education accounting and finance Gaming Finance 95

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

Retail 116

Retail 116

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 .

Start-ups 102

Start-ups Sales Retail 102

Cherry Bekaert

JUNE 5, 2023

GASB 96, Subscription-Based Information Technology Arrangements (SBITA) is effective for years beginning after June 15, 2022, just one year after GASB 87, Leases. We will look at factors that impact both the subscription term and subscription liability evaluation for your contracts.

audit 52

audit Government Technology 52

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.

Entertainment 82

Entertainment New York Gaming Account 82

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.

Gaming 115

Gaming Retail 115

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.

Gaming 79

Gaming Entertainment Education Retail 79

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.

Gaming 98

Gaming Retail 98

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.

Entertainment 91

Entertainment Gaming Retail Education 91

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.

Start-ups 92

Start-ups Account accountant accounted 92

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.

B2B 99

B2B Technology 99

RitaKeller

SEPTEMBER 7, 2021

In a recent article, he makes the case for subscription pricing. We are keenly aware of subscription pricing. Many things from Netflix to shaving supplies can be bought via subscription. Baker says, “It’s what I’m calling Value Pricing 2.0 – the subscription business model.”

accounting firms 49

accounting firms Tax Account accountant 49

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.

Sales 85

Sales Retail 85

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.

72

72

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.

Entertainment 75

Entertainment Gaming Start-ups Retail 75

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.

Entertainment 72

Entertainment Gaming New York Sports 72

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.

Gaming 90

Gaming 90

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.

Real Estate 87

Real Estate Retail 87

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.

96

96

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.

Retail 64

Retail Maine Account accountant 64

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.

Entertainment 77

Entertainment New York Retail Sales 77

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.

Sports 76

Sports Transportation Sales Retail 76

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

New York 73

New York Sales 73

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.

Maine 57

Maine 57

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.

Michigan 87

Michigan California Manufacturing Start-ups 87

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.

Technology 72

Technology New York Retail Gaming 72

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.

Entertainment 60

Entertainment B2C Education Account 60

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 .

Non-Profits 74

Non-Profits Real Estate Manufacturing Sales 74

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.

Start-ups 60

Start-ups Technology Retail 60

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.

B2C 78

B2C B2B Retail 78

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,

B2C 56

B2C B2B 56