BOSTON, Feb. 28, 2022 /PRNewswire-PRWeb/ — Mercator Advisory Group released a report covering the recurring payments and subscription marketplace titled Processing Recurring and Subscription Payments Without Friction: A Key to Unlocking Transactions from a Forecasted $830 Billion Card Market. The research defines and explains the recurring payments market and forecast, discusses the consumer demands in the subscription marketplace, and examines areas of opportunity for merchants and issuers such as churn optimization and lessons from the subscription app marketplace. Furthermore, this research explores last year's regulatory changes to recurring payments in India.
“Reducing friction is the key to customer generation and retention,” comments Ben Danner, Analyst, at Mercator Advisory Group, and the author of the research report. There are a number of opportunities that exist to develop and refine the recurring payments economy.
Highlights of this report include:
- Recurring payments market analysis and forecasting
- Payment methods used for subscriptions services
- How subscriptions effect credit cards and rewards
- Optimizing churn rate, payments failures, and chargebacks
- Personal finance apps and the subscription marketplace
This report is 24 pages long and contains 11 exhibits.
Companies mentioned in this report include: Consumer Financial Protection Bureau (CFPB) ; Truebill, Hiatus, Billbot, BillGO, Bobby, Subby, Mint, First Performance, Chargebee, Recurly, Cash App, Netflix, Apple, Reserve Bank of India, Spotify, Visa, Mastercard, Subscribed Institute, GoCardless, American Express, Amazon, AT&T, Audible, CBS, Disney, ESPN, Fubo TV, HBO, Hulu, iHeartRadio, Luminary, MLB.TV, NBA League, NHL.TV, Pandora, Showtime, Sling TV, SiriusXM, Stitcher, YouTube, Vudu, Headspace, Inc., Verizon, US Bank, Wells Fargo, Prism, Mollie.
Members of Mercator Advisory Group Credit Advisory Service have access to this report as well as the upcoming research for the year ahead, presentations, analyst access, and other membership benefits.
Please visit us online at http://www.mercatoradvisorygroup.com.
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About Mercator Advisory Group
Mercator Advisory Group is the leading independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.
Karen Yetter, Mercator Advisory Group, 781-419-1700, email@example.com
SOURCE Mercator Advisory Group