Welcome back to Subscriptions Weekly! We're diving headfirst into the exciting world of subscriptions, online shopping bliss, and the future of driving—all with a fun twist. We've got some big news from the payment powerhouse, Mastercard, unleashing their latest creation: Smart Subscriptions. In retail news, researchers say that half of us are all about that easy checkout life, and it's translating into some serious loyalty. So get ready to click, scroll, and shop your way to happiness. And last but not least, Tesla's Full Self-Driving (FSD) beta subscription is gearing up to hit Canadian roads soon.

Mastercard's dive into subscriptions

Mastercard just rolled out Smart Subscriptions. It's like a toolkit for banks to help their customers manage all the subscriptions they've got these days. It's all happening while the subscription world is getting bigger and bigger. According to Recurly data, software subscriptions shot up by a whopping 71% between 2020 and 2023. Read more on Digital Transactions.

Shopping online shouldn’t be just easy but downright delightful

With more and more of us clicking our way through digital aisles, retailers are pulling out all the stops to make our online experience as smooth as silk. According to researchers, 50% of us consider how easy it is to check out when we're picking where to shop online and this translated to loyalty. Read more on PYMNTS.

Get ready, Canada! Tesla's FSD beta subscription is rolling your way soon

Canadian Tesla fans get ready to rev up your excitement because it looks like the Full Self-Driving (FSD) beta subscription might just be zooming its way to Canada soon. According to Tesla's very own Rohan Patel, for those who prefer the at-purchase option, it's CAD 16,000 but the monthly subscription will give you the freedom to cancel anytime you want. Read more on Teslarati

🗓️ Save the date! Subscription Sessions: we’re dishing out the secrets to retention, loyalty, and churn management

A free virtual conference, no fluff, and from the comfort of your desk. We’ll dive into tactics and real-world examples that will provide your growth, product, tech, and finance teams with the tips they need to drive retention, renewals, and upsells. Register here for the event.

📑 Download subscription stats for success

Uncover benchmarks and predictions drawn from Recurly’s database of more than 2,200 global brands and 58 million unique subscribers in our The 2024 State of Subscriptions report, crafted to provide unique insights and trends to guide your growth strategy in 2024. Download the report.

From the Recurly blog