The Subscription Payments Ecosystem: Consumers' rising interest in subscriptions is driving merchants to offer these services — here's what solutions providers need to know to capitalize on the opportunity

Executive Summary

Merchants in a variety of industries have introduced subscription offerings, putting billions of dollars in payments volume up for grabs to solutions providers that can help merchants handle their recurring revenue programs.

Three Key Questions This Report Will Answer:

• What is the size of the subscription payments opportunity for solutions providers and why is it growing?
• What types of firms are targeting the subscription payments opportunity?
• How do subscription payments work and what are best practices firms should adopt to help merchants handle them?

WHAT’S IN THIS REPORT? In this report, Business Insider Intelligence examines the size of the current subscription payments opportunity and discusses what's driving its growth. We then evaluate the top types of subscription payments solutions providers, as well as their strengths and weaknesses, before analyzing the subscription payments process and what makes it unique from a standard one-time payment. Finally, we make recommendations for solutions providers looking to facilitate subscription payments and attract clients, as well as merchants that offer subscription products and want to maximize their performances with solutions and efficient payment processes.