Audience
Subscription companies searching for a recover failed payments solution to grow revenue, and retain customers
About FlexPay
Recover more failed payments with FlexPay.
24% of subscription payments fail* (*Visa/Walmart study). Why? Banks inaccurately tag legitimate transactions as fraudulent in their attempt to avoid fraud losses. Credit card authorization systems use legacy technology built for in-person, single sale transactions – and are more likely to flag recurring transactions.
The FlexPay platform analyzes each failed payment, selecting the recovery method best suited for each record. FlexPay’s AI evaluates multiple variables, including failure reason, issuing bank, card type. These custom strategies allow the platform to recover more revenue and achieve the highest customer LTV no matter the decline reason.
INVISIBLE RECOVERY™ interacts directly with the payments system to avoid customer visibility to the failed payment. It is the fastest and most effective tool to recover soft declines.
ENGAGED RECOVERY is used when customer engagement is needed for payment resolution.