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How Subscription Merchants can Prevent Chargebacks on Recurring Payments

Retail TouchPoints

There’s no denying that the subscription economy is booming. Pre-billing reminders help keep customers informed about upcoming charges, significantly reducing the likelihood of chargebacks, especially for annual subscriptions. In fact, the financial services firm UBS projects that the market will hit $1.5 trillion by 2025.

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Reserve Bank of India auto debit rule – a mandated trouble for banks, how can they get around it?

Forrester eCommerce

In India, the subscription business with recurring payments was gaining traction due to its all-in-one bundle offering – Convenience, Choice, and Consent – until a major change in the Auto Debit option took effect on October 1, when the Reserve Bank of India issued a framework for how businesses and banks must handle recurring credit […]. (..)

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The Best Subscription Billing Software in 2022

Ecommerce Platforms

The best subscription billing software can make life running your own business a lot easier. With the right technology, it’s easy to collect cash on monthly subscriptions, without having to chase after your target audience with endless manual invoices and reminders. That’s where the power of subscription billing software comes in.

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Lord & Taylor, Men’s Wearhouse Parent Declare Bankruptcy

Retail TouchPoints

The clothing rental subscription service purchased Lord & Taylor from Hudson’s Bay Company in November 2019. Le Tote continues to operate its digital subscription service, as well as Lord & Taylor’s online retail business. Bank , Moores Clothing for Men and K&G — and maintaining e-Commerce sites. “We

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FTC’s ‘Click-to-Cancel’ Proposal: A Step Forward for the Negative Option Model

Retail TouchPoints

Under this model, a customer signs up for a subscription service, typically as part of a free trial offer. As per a fact sheet recently published by the FTC , the proposed rule change takes things a step further by mandating the subscription cancellation process be as simple as the sign-up process.

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An In-Depth Guide to Subscription Billing Platforms (+ 5 Options)

FastSpring

Most subscription billing platforms let you: Automate invoicing and payments. Customize and manage one or more subscription and trial models. However, the vast majority of companies doing subscription billing will also need a solution for other aspects of subscription billing management including: Payment processing.

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The Benefits of Prepaid Top-Up Cards for Big Brands

Retail TouchPoints

New Opportunities for Consumers and Brands Consumers like the flexibility of top-up cards to keep track of spending and access services even if they opt out of a subscription or do not qualify to sign up. outside the formal economy who do not have access to a bank account, so top-up cards make sense.