Revenue recovery tools
With more than one in six card transactions failing for one reason or another, implementing strategies to reduce and/or recover from declined authorizations is one of the best investments any recurring revenue-based business can make. Just as there are many reasons for payments to fail, there are numerous ways to prevent and recover them.
2Checkout provides recurring-revenue businesses with a comprehensive suite of revenue recovery tools, as well as the expertise and guidance to tailor and fine-tune your strategy to achieve industry-high rates of revenue loss prevention and recapture.
Revenue Recovery Tools are a set of unique features of the 2Checkout platform that are used for recovering and collecting transactional revenues lost due to poor authorization rates and include, without limiting, the following:
Account Updater external
Yes
Yes
Multiple retries logic
2
up to 4 (in addition to the 2 included in Basic)
Pre-expiration billing
Yes
Yes
2Checkout Updater
No
Yes
Dunning management
No
Yes
Dispute prevention service
No
Yes
Authorization Dashboard
Basic
Advanced
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