Mastering the Subscription Economy: The 2022 Payments Playbook
The subscription economy has shifted the way consumers buy goods and services. It has become increasingly relevant for the new gen of consumers who want to subscribe instead of purchasing.
Whether in the SaaS industry, streaming music or movies, monthly mobile services, newspapers, or clothing, companies built around recurring payments have achieved scale, market expansion, and flexibility for demanding consumers.
But, how do recurring payments work in markets where payment frictions abound? In this presentation, readers will learn how to successfully implement subscription payments in Brazil, Mexico, Nigeria, and India, where local payment infrastructure gaps exist.
It will also cover topics like making the most of local cards and bank transfer options, tokenization options, subscription logic handling, the use of direct debit in select markets such as Argentina, and the use of alternative payment methods as a payment recovery mechanism.
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With 1 in 6 online purchases returned, merchants saw $212B in returns, of which, 10.7%, or $22.8B, were fraudulent*.
Online returns have enabled fraudsters to exploit policy loopholes and illegitimate returns are now a complicated issue merchants are facing taking on various forms, such as manipulating a shipping label, returning a different item than originally purchased or claiming the item was never received.
Accertify's C.A.R.E. - Claims, Adjustments, Returns and Exchanges - is a purpose-built solution that detects fraudulent patterns in shopper behavior.
Join this webinar to hear all about the launch of C.A.R.E. and how merchants can monitor, measure and act to prevent future abuse.
Learning Objectives:
- Introducing C.A.R.E. – Claims, Adjustments, Returns and Exchanges – a purpose-built solution by Accertify that detects fraudulent patterns in shopper behavior.
- Hear all about C.A.R.E. and how merchants can:
- Monitor, measure and act to prevent future abuse.
- Use aggregated data to gain insight into a purchase and transaction.
- Implement policies and controls to identify fraudulent returns.
- Benefit from Accertify’s community data to help solve this growing problem.
*Customer Returns in the Retail Industry 2022 PDF.
