With card information updated monthly, you can avoid unnecessary payment declines, interruptions, and the cost associated with contacting customers for new information.
Reduce the customer friction caused by payment disruptions or the need for manual updates, minimizing the risk of cancellation or non-payment.
You only pay per update, and over time your savings should far outweigh the costs. On average, 20-35 percent of cards update in the first month, followed by 7-8 percent each month after.
View a summary of which cards were updated and why, and whether the account was closed. For your convenience, you can view these reports in the Merchant Interface or using the API.