{"id":"34","asset_id":158,"title":"Maximising Payment Success with Account Updater: Reducing Declines for Your Business","alias":"maximising-payment-success-with-account-updater-reducing-declines-for-your-business","introtext":"<p>In the fast-paced world of recurring payments, ensuring a seamless and hassle-free experience for your customers is paramount to the success of your business. However, managing card details for recurring payments can be a daunting task, especially when customers' card information changes or payment agreements are cancelled without notice. The consequences can be detrimental, leading to lost revenue, reduced customer satisfaction, and an increase in declined transactions. But fear not, as there is a solution that can revolutionise your payment process \u2013 the Account Updater.<\/p>\r\n","fulltext":"\r\n<p>What is an Account Updater?<\/p>\r\n<p>The Account Updater is an innovative and automated system that takes care of updating your subscription customers' card data whenever changes occur or their information becomes out of date. No more tedious administrative tasks or losing sales due to declined payments. The Account Updater takes charge of the following scenarios, allowing you to focus on growing your business:<\/p>\r\n<p>Updates when a shopper's card details change.<br \/>Updates when a shopper cancels a card.<br \/>Updates when a shopper cancels a recurring payment agreement through their card issuer.<br \/>Updates when the card issuer cancels a shopper's card account.<\/p>\r\n<p>With the Account Updater in place, your customers can seamlessly continue using your services without any disruptions. It not only reduces the number of rejected transactions and chargebacks but also minimises unnecessary customer interactions. Moreover, it lowers your staff and administration costs, as manual updates to payment data become a thing of the past. For businesses heavily reliant on recurring payments and subscriptions, the Account Updater becomes a lifeline for maintaining a consistent and steady cash flow.<\/p>\r\n<p>Benefits of Reducing Card Declines and Failed Payments<\/p>\r\n<p>Outdated payment information is a common culprit behind card declines, resulting in frustrations for both you and your customers. The negative impact is not limited to inconvenience alone; it also significantly affects your revenue and cash flow. By implementing the Account Updater, you can effectively reduce the occurrence of declines and failed payments. This cutting-edge system ensures that your customers' card details are always up to date, enabling payments to flow through effortlessly.<\/p>\r\n<p>Seamless Payments for an Ever-Popular Subscription Model<\/p>\r\n<p>In today's digital landscape, subscription services have become more popular than ever, and customers demand an uninterrupted payment experience. The Account Updater, supported by major card issuers such as Visa Europe, Visa Inc, and Mastercard, presents the perfect solution to guaranteeing smooth payment processing. Don't miss out on this opportunity to optimise your payment system and enhance overall customer satisfaction.<\/p>\r\n<p>Experience the Power of Account Updater with Axcess<\/p>\r\n<p>At Axcess, we understand the importance of seamless payment processing for your business's growth and success. Our Account Updater service is designed to maximise payment success, reduce declines, and improve overall efficiency. Embrace the future of payment technology and explore how Axcess can cater to your unique payment needs. Visit our website today to learn more about the Account Updater and take your payment process to new heights.<\/p>","state":"1","catid":12,"created":"2023-08-30 13:26:11","created_by":"257","created_by_alias":"","modified":"2024-03-05 14:47:33","modified_by":259,"checked_out":259,"checked_out_time":"2024-03-05 14:47:16","publish_up":"2023-08-30 13:26:11","publish_down":null,"images":"{\"image_intro\":\"images\\\/Blog Images\\\/Maximising Payment Success with Account Updater_ Reducing Declines for Your Business.png#joomlaImage:\\\/\\\/local-images\\\/Blog Images\\\/Maximising Payment Success with Account Updater_ Reducing Declines for Your Business.png?width=5184&height=2592\",\"image_intro_alt\":\"\",\"float_intro\":\"\",\"image_intro_caption\":\"\",\"image_fulltext\":\"images\\\/Blog Images\\\/Maximising Payment Success with Account Updater_ Reducing Declines for Your Business.png#joomlaImage:\\\/\\\/local-images\\\/Blog Images\\\/Maximising Payment Success with Account Updater_ Reducing Declines for Your Business.png?width=5184&height=2592\",\"image_fulltext_alt\":\"\",\"float_fulltext\":\"\",\"image_fulltext_caption\":\"\"}","urls":"{\"urla\":\"\",\"urlatext\":\"\",\"targeta\":\"\",\"urlb\":\"\",\"urlbtext\":\"\",\"targetb\":\"\",\"urlc\":\"\",\"urlctext\":\"\",\"targetc\":\"\"}","attribs":"{\"article_layout\":\"\",\"show_title\":\"\",\"link_titles\":\"\",\"show_tags\":\"\",\"show_intro\":\"\",\"info_block_position\":\"\",\"info_block_show_title\":\"\",\"show_category\":\"\",\"link_category\":\"\",\"show_parent_category\":\"\",\"link_parent_category\":\"\",\"show_author\":\"\",\"link_author\":\"\",\"show_create_date\":\"\",\"show_modify_date\":\"\",\"show_publish_date\":\"\",\"show_item_navigation\":\"\",\"show_hits\":\"\",\"show_noauth\":\"\",\"urls_position\":\"\",\"alternative_readmore\":\"\",\"article_page_title\":\"\",\"show_publishing_options\":\"\",\"show_article_options\":\"\",\"show_urls_images_backend\":\"\",\"show_urls_images_frontend\":\"\"}","version":6,"ordering":3,"metakey":"","metadesc":"","access":1,"hits":0,"metadata":"{\"robots\":\"\",\"author\":\"\",\"rights\":\"\"}","featured":"0","language":"*","note":""}