First Account Updater®
Tired of receiving authorization declines on your recurring payments because of outdated customer information? Then check out First Account Updater®.
First Account Updater provides you an automated way to receive updated customer account information. Merchants who process recurring payments on customer credit or debit cards experience significant expense due to dealing with expired cards and portfolio sales and transfers. At any time, a merchant may be unable to bill 4-8% of their customers because of invalid expiration dates or invalid card numbers. By using First Account Updater, you can receive files containing updated customer account information. This data is used to update existing customer records to prevent billing to expired or invalid cards.