For businesses with subscription or recurring billing cycles, we know it is a pain when a credit card expires, and you are forced to hunt down your customer’s new information or risk not getting paid on time. We want you focused on your core business, not weighed down manually updating billing information. Which is why we are excited to introduce you to our latest addition to Beanstream, card updater.
With Card Updater, you do not need to worry about expired credit cards because we will update them for you. Merchants that use recurring billing or payment profiles in Canada can add card updater to their accounts.
Once you sign up, we will automatically run a report every Monday for any credit cards that are set to expire within the month. By Wednesday, any credit cards that were to expire will be updated with their new information. We will not just send you a long list with the new information that you have to work through; rather we will go into your account and update the card details ourselves.
It is that easy.
Payments really should be that simple. You have enough to worry about, let us worry about expired credit cards. Contact us today.