One of the biggest concerns with recurring payments is failed transactions, especially ones due to changed card numbers. When a payment is declined, your business gets charged for the transaction and you must contact the cardholder to update their payment methods — or allow their subscription to lapse.
With American Express® Cardrefresher, you can reduce failed transactions and retain your customers. Lisa Cormier, senior software engineer at Payway, explains how Cardrefresher works, protects incoming revenue and helps reduce friction for customers — all behind the scenes. Discover what Cardrefresher can do for you today.
Learn more about Amex Cardrefresher, or contact our concierge support team to learn more and get started with more reliable transactions.