Subscription Payment Protection

Remember the days when you set at your table, wrote checks to your Mortgage, Electric, and Water providers and that was it! Budgeting was easy – you knew what services you had and how much you paid each month.

Now days – everything is subscription based! Your TV bill somehow transformed into a bill with Nextflix, Hulu, Amazon Prime, and HBO – all on autopay and all out of mind. Especially that HBO subscription that you only signed up for a trail subscription then forgot…

Sound familiar? You’re not alone, 84% of Americans underestimate what they spend each month. It’s not hard to believe when you think of all the services you pay for monthly - be it internet, phone, amazon prime, specific TV channels, perhaps a "box" subscription - etc.. “Wouldn’t it be nice if my bank told me about all these subscriptions?”

Financial institutions have the opportunity to provide customers with greater insights into their reoccurring payments. Through the use of advanced analytics, reoccurring payments can be flagged for additional review by the customer – giving them insight and opportunity to potentially save hundreds of dollars a year.

Let's get started - contact us at partnership@dataproductsgroup.com