Streaming & Co. – Paid and forgotten: the pitfalls of subscription services

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Renting is better than buying – at least from the perspective of companies, which guarantee a constant income instead of a one-time payment. However, from a consumer perspective, subscription services can be treacherous, as a current case shows. Here we tell you what you can do to avoid falling into the cost trap.

Whether streaming services such as Netflix, Prime Video, Disney+ and Spotify, Adobe’s Photoshop, the language learning app Babbel or virus protection applications from Kaspersky & Co: subscription services are trendy and have replaced previously common purchasing models in many areas. It’s a valuable venture for providers because the constant flow of cash typically provides them with months, if not years, of higher income than a one-time purchase. From the company’s perspective, it’s even better if consumers diligently pay subscription fees without using their services.

Source: Krone

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