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The rise of the recurring and subscription payments market
Mercator Advisory Group releases new research and U.S. market forecast on recurring payments.
Published on: October 11, 2018 Author: Sarah Grotta Alternate Point of Contact: Amy Dunckelmann
Recurring payments online or by mobile are growing in frequency and complexity. A recurring card transaction is one in which the payer’s payment credentials are stored with a merchant for future use to conveniently handle regular bill payments, facilitate quick checkout at an e-commerce merchant site, or pay for a subscription for goods or services. A new research report from Mercator Advisory Group titled U.S. Recurring Payments Market Forecast, 2017–2021: Set It and Forget It explores U.S. market size and reviews service offerings featured by seven providers in the U.S. market.
“Buyers appreciate the convenience of entering their account information just once. Merchants appreciate the connectivity they achieve with their customer when recurring transactions are used and the consistent cash flow they create. Similarly, issuers like the transaction volume that recurring transactions create when cards are used, but if not managed well, these transactions can result in loss of customers and financial losses,” comments Sarah Grotta, Director, Debit and Alternative Products Advisory Service at Mercator Advisory Group and co-author of the report.
This research report has 17 pages and 9 exhibits.
Companies mentioned in this report include: Adyen, Amazon, AMC, Chargebee, Chargify, First Data, Hulu, Mastercard, MoviePass, National Retail Federation, Netflix, PayPal, Recurly, Spotify, TSYS, Visa, Worldpay, and Zuora.
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Highlights of the research report include:
Commercial & Enterprise Payments
Debit & Alternative Products
North American PaymentsInsights
Small Business PaymentsInsights
Fraud Experience PaymentsInsights
News & Events
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