The Benefits of Amex Cardrefresher
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® CardrefresherSM, 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.