Kathleen Greenler Sexton’s Post

Understand the Impact of VISA's New High-Risk Designation of MCC 5968 on Subscription Companies Read more 👉 https://lttr.ai/ATCfy #subscriptionbilling #subscriptionbusiness #recurringrevenue #subscriptionmodel #subscriptioneconomy #subscription #churn #involuntrychurn #negativeoption #autorenew #premium

The Impact of VISA’s New High-Risk Designation of MCC 5968 on Subscription Companies ▸ https://lttr.ai/AS1zl #subscriptionmodel #subscriptioneconomy #subscriptionbusiness #subscriptionbilling #subscription #recurringrevenue #churn #involuntrychurn #negativeoption #autorenew #premium

The Impact of VISA’s New High-Risk Designation of MCC 5968 on Subscription Companies ▸ https://lttr.ai/AS11c #subscriptionmodel #subscriptioneconomy #subscriptionbusiness #subscriptionbilling #subscription #recurringrevenue #churn #involuntrychurn #negativeoption #autorenew #premium

VISA has now reclassified ALL businesses offering free or low-cost trials in MCC 5968 as high risk. Read more 👉 https://lttr.ai/ATOfs #subscriptionbilling #subscriptionbusiness #recurringrevenue #subscriptionmodel #subscriptioneconomy #subscription #churn #involuntrychurn #negativeoption #autorenew #premium

MCCs are essential identifiers in the payment industry and the code directly affects transaction fees and approval rates. Read more 👉 https://lttr.ai/ATW2e #subscriptionbilling #subscriptionbusiness #recurringrevenue #subscriptionmodel #subscriptioneconomy #subscription #churn #involuntrychurn #negativeoption #autorenew #premium

MCCs are essential identifiers in the payment industry and the code directly affects transaction fees and approval rates. Read more 👉 https://lttr.ai/ATW43 #subscriptionbilling #subscriptionbusiness #recurringrevenue #subscriptionmodel #subscriptioneconomy #subscription #churn #involuntrychurn #negativeoption #autorenew #premium

Learn how the recent classification of MCC 5968 to high risk is reshaping the subscription payment processing landscape for many merchants, with insights from payment expert Melanie Stout. Read more 👉 https://lttr.ai/AS379 #subscriptionmodel #subscriptioneconomy #subscriptionbusiness #subscriptionbilling #subscription #recurringrevenue #churn #involuntrychurn #negativeoption #autorenew #premium

Subscription traps, enabled by card-on-file, have been a real problem for a long time (nearly 10m of the 155m active subscriptions in the UK are said to be unwanted!). It's great to see the Government (Department for Business and Trade) acknowledging this. Variable recurring payments - which focus on user permission and clear mandates - can solve this. See our blog from 2022 in the comments. Unfortunately, VRP for subscriptions is just out of reach, because the Payment Systems Regulator is insisting on a pilot of other use cases first (looking at direct debit substitution, rather than cards). Hopefully, now we have the #NationalPaymentsVision - there will be some unblocking and joining up, so we can put open banking to use here soon. https://lnkd.in/efZJwnH8. #NPV #VRP #payments #subscriptiontraps

Learn how the recent classification of MCC 5968 to high risk is reshaping the subscription payment processing landscape for many merchants, with insights from payment expert Melanie Stout. Read more 👉 https://lttr.ai/AS4BF #subscriptionmodel #subscriptioneconomy #subscriptionbusiness #subscriptionbilling #subscription #recurringrevenue #churn #involuntrychurn #negativeoption #autorenew #premium

💰Wondering about your potential recovery in the $5.54 billion Visa/Mastercard settlement? Here's the scoop: Your share will be based on your proportionate contribution to interchange fees paid from January 2004 to January 2019. 🔄💳 The more merchants that submit claims, the larger the fund, and the greater your potential recovery! 🚀 Guide to HR got your back! We can help you navigate the process, ensuring you maximize your claim. 🔗 Connect with us and we will work together to secure what's rightfully yours! #claimassistance #guidetoHR #VisaMastercardSettlement #settlement Class Members must be reminded of the following: 1️⃣ For additional information, visit the Court-approved website, https://lnkd.in/g7jdw-Me, or contact Class Counsel or the Class Administrator. 2️⃣ Claim forms are being delivered and are available online beginning December 1, 2023. 3️⃣ Class members need not sign up for a third-party service in order to participate in any monetary relief. 4️⃣ No-cost assistance is available from the Class Administrator and Class Counsel during the claims-filing period. 5️⃣ FRS believes that they provide services that could increase your potential recovery and that are unlikely to be provided by the Class Administrator or Class Counsel. Please understand that you have the right to file on your own.