Make Sure Service Doesn’t Change When Card Details Do
Use This Tool for Increased Approval Rates
If your business collects recurring payments or utilizes account-on-file programs, Account Updater keeps the authorization process running smoothly by automatically checking for the most up-to-date payment account details.
Improve the Customer Experience
Customers don’t always remember to update their payment account information when their card number or expiration date changes. Transactions using old or invalid data are declined, resulting in service interruptions or even cancellations. Reducing these negative interactions will help to keep your customers satisfied.
Save Time and Money
Account Updater provides convenience for you as well as your customers. Declined transactions mean you have to spend time getting the situation resolved — obtaining the right information, getting interrupted or cancelled services restored, and smoothing things over with upset customers. With Account Updater, you avoid all of those hassles. Plus, correcting card data increases payment collection speed, so you get paid faster.
Supported by Major Card Issuers
Visa, Mastercard, and Discover all work with Account Updater to provide the most current data.
Secure, Direct Communication with Credit Card Issuers
All you have to do is enable the Account Updater feature and OmniFund will keep you in sync, obtaining and storing the latest information — always in accordance with PCI regulations.