Why Credit Card Account Updater Services are Essential for Business Growth

If your software supports businesses that offer subscription services and/or on-demand payments, Card Account Updater is a must have. What are the advantages of a card account updater for your customers?

Increase Productivity and Save Time

Consumer credit card information is constantly in flux. Old cards expire, new ones are issued and some get replaced due to theft or fraud. Manually having to update this torrent of information constantly takes valuable time and company resources. With Card Account Updater (CAU), the entire process happens automatically. Any time credit card details change, CAU seamlessly updates all cards-on-file.

Provide a Hassle-Free Customer Experience

End users benefit as well since they don’t need to notify every business whose services they use when their card expires. Instead, you offer them peace of mind knowing that if they sign up for recurring payments once they don’t need to track you down again with new and updated card numbers.

Take Advantage of Tokenization

When you use tokenization in conjunction with Card Account Updater you can keep stored payment information current, reduce the risk of failed transactions and increase customer retention.  Offer the feature of uninterrupted payments along with secure cardholder data store.

Modern technology and digital forms have all but done away with pen-and-paper recordkeeping. There are better and faster ways to take care of the same tasks. Help your customers streamline their processes with Card Account Updater and reap the benefits:  increased customer satisfaction and up-to-date records.