Sales of physical products in e-commerce are experiencing sustained growth. According to industry-expert, Mary Meeker, the market has experienced double-digit growth each year since 2008. Because of the intensely competitive nature of e-commerce, businesses seek any advantage that might give them an edge over their competition. For example, some businesses...
In a previous blog post, we outlined how Recurly uses machine learning in our Revenue Optimization Engine to predict transaction success and maximize your revenue. This unique Recurly technology is an example of how machine learning, if handled correctly, can be a powerful tool for preventing involuntary churn. At Recurly,...
The subscription e-commerce market has continued to grow exponentially year after year. To take advantage of the many benefits the subscription model offers, it’s important to understand current trends in terms of product offerings, growth beyond recurring revenue, and plan structures. The Recurly Research team set out to analyze these...
Updated November 2020 with new enforcement dates In this blog post, we’ll dive more deeply into the mechanics of 3-D Secure (3DS2) and Strong Customer Authorization (SCA), the two main—and related—requirements of the new PSD2 regulation. We’ll discuss the various parties and their interactions in order to provide higher-level context into...
SubSummit 2019 in New Orleans has just wrapped up, and the attendees from Recurly had a blast meeting with industry partners and prospective clients. Chief of Staff Emma Clark led a discussion on “Subscription Benchmarks,” and the team even found a little time to explore the Big Easy. Over the...
Did you know that 15% of online shoppers have signed up for one or more subscription services? Or that the subscription e-commerce market has grown by more than 100% every year over the past five years? In fact, this market generated more than $2.6 billion in sales recently, and 2019...
Please note: This blog has been updated to reflect that Recurly’s API v2.6 will sunset rather than reach end of life. The text below has been updated to reflect this change. In March, we discussed how Recurly approaches the maintenance of our API, including changes, updates, performance improvements and other essentials...
Subscription businesses selling physical goods fall into four main categories: subscription boxes with a curated selection of productssubscription boxes for replenishment of frequently used productsInternet of Things (IoT) subscriptions related to ‘smart’ devicessubscriptions that include both digital and physical goods, which is known as a In the latter case, the...
This year marks the 10th Anniversary of Boulder Startup Week (BSW) which celebrates the unique startup community in Boulder, Colorado. Over 340 events with over 811 speakers were held across 57 venues around Boulder over the week of May 13th. The week-long event was an opportunity for Recurlians to get...
Updated November 2020 with new enforcement dates and link to 3DS 2.0 Integration Guide As discussed in a previous blog on this topic, the Payment Services Directive 2 (PSD2) is a new European Economic Area (EEA) regulation which will go into effect on December 31, 2020 (enforcement by the...
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The value of Recurly is that we no longer have to worry about the different aspects of subscription management. Instead, we can focus on things that are our core competency, like adding value to our service and expanding our offering. That’s been a huge win for us.