Visa launches Subscription Manager service

It enables cardholders to view and stop recurring payments as needed.

Global payments network provider Visa has launched Subscription Manager, enabling cardholders to track all their subscriptions.

This comes as the global subscription market is reportedly on a steady rise and is expected to reach $406b by 2025, Visa said, based on data from Juniper Research.

Visa’s Subscription Manager allows cardholders to see where their card details are stored, view which recurring payments are attributed to their card, and stop recurring payments, the company said in a press release.

Salima Gutieva, Visa vice president and country manager for the UAE, said that their goal was to make the process of navigating subscriptions simploer. 

“Our goal is to make this process simpler and ensure cardholders know exactly where their money is going, and when,” Gutieva said.  

Subscription Manager is currently available in the UAE.  

Apart from Subscription Manager, Visa has launched other new features to Asian markets over the past few months. Most recently, Visa worked with Standard Chartered to launch buy now pay later services to Visa cardholders in Asia.