Card account updater
Minimise involuntary churn and maintain recurring revenue with Cardflo's Card Account Updater. This service automatically updates expired or reissued card details for your stored customer profiles, preventing unnecessary payment declines. Ensure continuous service for your subscribers and retain customer loyalty.
What you get.
- Automatic retrieval of updated card numbers and expiry dates
- Reduces declines due to expired or reissued cards
- Prevents involuntary churn for subscription and recurring payments
- Maintains continuous service for customers without interruption
- Reduces operational costs associated with manual card updates
- Enhances customer retention by avoiding payment failures
Common questions.
What is a Card Account Updater?
A Card Account Updater (CAU) is a service that automatically retrieves updated card details, such as new expiry dates or card numbers, from card networks. It ensures that stored customer payment information remains current for recurring transactions.
How does Card Account Updater prevent churn?
By automatically updating expired or reissued card details, the CAU prevents payment declines for recurring subscriptions. This eliminates the need for customers to manually update their information, reducing involuntary churn caused by outdated payment methods.
Is Card Account Updater compliant with data security standards?
Yes, the Card Account Updater operates within secure, encrypted environments and adheres to PCI DSS standards. Card details are exchanged directly with card networks through secure channels, ensuring sensitive information is protected throughout the update process.
Related features.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.
