Subscription Economy stories

Karmo and Smart launch a novated car subscription in Australia, offering flexible four-month terms with all costs included in one monthly payment.

Small businesses are cutting back on costly martech subscriptions, favouring simpler, local Australian software that better fits their needs and budgets.

Karmo boosts its debt facility to AUD $150m as revenue jumps 35%, aiming to add 5,000 vehicles to its already largest Australian car subscription fleet.

HitPay and Yuno partner to simplify payments, enabling merchants to use a single API for local e-wallets and schemes across Asia Pacific markets.

UK device subscriptions have surged 57% year-on-year, driven by Gen Z who prefer flexible access over ownership amid rising costs and eco concerns.

Ecommpay's upgraded Subscriptions service boosts recurring payment success, increasing merchant renewal rates by up to 3% and reducing involuntary churn.

Businesses adopting AI with hybrid pricing models see subscription growth rates double, outperforming those who do not adjust pricing alongside AI integration.

Amazon Prime tops the list of most-cancelled subscription apps, with 578,000 monthly cancellation searches, surpassing Disney+ by nearly 45%.

Amazon Prime leads digital subscription cancellations with 578,000 monthly searches, as users reconsider services amid rising costs and tiered pricing models.

B2C firms are embracing AI-powered self-service platforms to cut costs and boost customer flexibility, enhancing subscription account management.

Cleeng has partnered with Primer to enhance global payment operations, aiming to reduce subscriber churn while boosting payment performance across markets.

Prvidr has opened a new office in Townsville to better serve its expanding clientele across Queensland, boosting technology job opportunities in the region.

Prvidr has secured a new three-year agreement with Yomojo to enhance telecom services, marking a significant step in their ongoing collaboration.

In the latest Transformation Insider edition, experts reveal generative AI's potential to reshape supply chains and fuel customer growth across Asia.

Interworks.cloud appoints Katerina Moumtzoglou as CFO, leveraging her 20+ years of financial expertise to drive global growth and cement its cloud commerce leadership.

CloudBlue VP Lincoln Lincoln has unveiled secrets to success in the subscription economy, emphasising seamless tech, small starts, and human touch in sales.

A Stripe report reveals that 46% of Australian subscription businesses plan global expansion, but 73% doubt their billing systems' readiness.

To excel in the booming SaaS market, resellers need to harness data, build customer-centric subscription models, and leverage automation to streamline operations.

Chargebee has named Brian Clark as President of Go-to-Market and Andrew Sherwood as SVP of Global Sales, aiming to capitalise on the booming USD $1.5 trillion subscription economy.

Despite high expectations, Equipment as a Service makes up less than 1% of 2023 equipment sales amid global interest.