Recurring payments have become the norm for both consumers and businesses, especially since there’s been a huge increase in the amount of subscription services, like Netflix, Hello Fresh and Amazon Prime. So much so that the global subscription e-commerce market is expected to reach $2.64 trillion by 2028. But, if it’s so widely used these days, why do many businesses still have such a high churn rate? Did you know that when a past-due status hits just seven months, the average account wi
