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Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Glia Launches Industry-First Contractual Guarantee Against AI Hallucinations and Prompt Injections Money20/20 Asia Report: APAC Fintech Ecosystem Shifts from Experimentation to Scale as AI and Digital Assets Drive Leadership MoonPay Launches New Funding Options for Pump.fun Traders Red Rocks Credit Union Partners with My First Nest Egg to Help Member Families and Local Students Build Healthy Money Habits Early Emprise Bank Adds Fintech Entrepreneur Randy Fernando to Board of Directors Unlimit Appoints Irene Skrynova as CEO, Global Payments European Fintech Blackcat Launches Multi-Wallet App Combining Euro and Crypto Accounts, Completing Rebrand DeepTarget Debuts RetainIQ™: Leveraging AI-Driven Insights and DXP Automation to Turn New Account Openings into High-Yield, Lifelong Growth UAE Markets Face Sharp Volatility as Geopolitical Headlines Drive Investor Mambu Selected as Core Banking Provider by Nyla, Africa’s First Islamic Neobank

Bridgestone expands subscription offering in the UK with GoCardless

 GoCardless, the leading fintech for recurring payments, today announced that Bridgestone, a leader in advanced solutions and sustainable mobility, will be using GoCardless to power payments for its tyre subscription service MOBOX.

MOBOX, which recently launched in the UK, is an all-inclusive monthly subscription service  offering new tyres alongside other vehicle-related services, at an affordable price per month. Already available in France, Germany, Italy and Spain, MOBOX now brings convenience and peace of mind to UK drivers.

MOBOX customers in the UK can pay via GoCardless to enjoy a frictionless payment experience.  And, thanks to the end-to-end integration of the GoCardless API, Bridgestone will have access to real-time information on the status of mandates and payments – in turn, reducing costs and time spent on administration.

GoCardless research showthat almost half (48%) of UK consumers say bank debit is their favoured payment method for recurring payments. It’s also clear that consumer behaviour is shifting to a subscription-based model. Zuora’s ‘End of Ownership Report’ highlights three quarters (74%) of consumers believe people will subscribe to more services and own fewer physical goods in the future.

Another concern for subscription businesses is involuntary churn, typically caused by failed credit and debit card payments. It’s estimated that 30% of all churn is involuntary, which is even more reason to choose a payment provider that can help reduce failure rates as low as possible. GoCardless’ latest Payment Success Index highlights payments collected on an instalment basis have an average failure rate of 4.9% – compared to invoice payments (3.1%) and subscriptions (2.2%). Any failed transactions on the GoCardless payment gateway will be managed by our payment intelligence tool, Success+.

Andrea Manenti, Vice President, North Region,  Bridgestone said: The growing global popularity for the service economy provides us with a great opportunity to diversify our customer offering and bring added convenience. We want to provide our customers with the best service at every point in their journey with Bridgestone – from premium products and solutions to the way they pay.

“With Bridgestone and GoCardless, our customers have full visibility of their payments each month – easy and transparent. Working closely with GoCardless helps us reduce time spent on administration and frees up resources to optimise the customer journey.”

Stephen Reidy, Vice President & General Manager, UK & Ireland at GoCardless said: “We are delighted to partner with Bridgestone who recognise the importance of offering the right payment options to meet their customer expectations. Choosing the wrong payment method adds unnecessary complexity and cost to your business, choosing the right one helps businesses collect payments with more predictability.”

  1. Worldline and ABN AMRO Extend Partnership to Support Payment Services in the Dutch Market Read more
  2. RateGain and Juspay Partner to Power ‘RG Pay,’ a High-Performance Financial Technology Platform for the Global Travel and Hospitality Industry Read more
  3. Travel Providers to Accept UnionPay Cards for Both Direct e-Commerce Bookings and Indirect Sales via Amadeus Travel Platform Read more
  4. Creditinfo Brings Global Fraud and Identity Solution to Uganda to Strengthen AML and Financial Crime Defences Read more
  5. BVI Financial Services Conference Examines Global Financial Crime Risks and Reaffirms BVI’s Commitment to Integrity Read more
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