Did you know that in the last 12 months the demand for purchases through a subscription service has grown by 30%? *Consumption habits have changed: People spend more time inside their homes with computer and telephone screens.
Today, the need for companies to enable easy payment methods through a subscription, rather than a one-time payment, has become the norm and this trend is not expected to change in the future.
Whether it’s through video, shopping or gaming, as consumers become more engaged with online content and services, companies have more opportunities to offer a subscription-based service. In 2022, the 53% of consumers, studied in the Global Payments 2025 report, they suggested who intend to keep the subscription services they currently useand 16% say their monthly spend will increase with other subscriptions as more media becomes available.
In the years to come, we should expect the digital to mix with the physical. The gaming industry has already entered virtual reality, will it also be the case for payments, without borders or exchange rates? Will payment methods like cryptocurrencies have control?
A frictionless subscription payment service
We may not know what awaits us and how we will consume media in the future, but thanks to the collaboration of and today’s businesses can have a frictionless subscription payment service.
“We are happy to strengthen our partnership with Chargebee. Now focused on helping Spanish companies optimize their recurrence models both at home and anywhere in the world” explains Rodrigo Vilariño, Country Manager.
Subscriptions provide greater access to consumers’ favorite services and products. The payment and management of this does not have to be an inconvenience for the business, but a strategic piece to improve the company.
“Thanks to this partnership and the integration of Worldpay solutions with Chargebeethe companies they can focus on growth through smart payment solutions that drive recurring revenue, increase acceptance rates and remove barriers to global expansion” adds Mckenzie Hathaway, Head of Partner Marketing Chargebee.
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