The platform receives the failed payment and decides the optimal solution to deliver the highest recovery rates, best customer experience, and longest retention rates.
Invisible Recoveryᵀᴹ creates strategies for each failed payment and recovers payments so quickly and effectively that the customer never knows their payment failed. There is no interruption in service and relationship continues as normal.
Engaged Recoveryᵀᴹ is deployed when the customer must be contacted to resolve the failed payment. Using behavioral science, a combination of outreach methods is delivered to the customer to prompt a quick response and positive reaction.
Failed payments are recovered to reduce churn using strategies that maintain a positive customer experience. A seamless payment process improves subscriber retention and helps subscription companies achieve full customer LTV.