Reduce credit card declines with EnsureBill
Maintaining accurate customer payment card data is one of the biggest and most costly concerns merchants accepting recurring payments face today. Typically, 30% of accounts annually incur changes in account number or expiration date, or the account is closed. With ProPay EnsureBill you can reduce declined transactions and authorization fees by getting updated account numbers, expiration dates, and account status’ on your Visa®, Mastercard®, American Express®and Discover® cardholders.*
Continuing to use out-of-date information exposes you to higher rates of declined transactions and extra costs. If cardholders are contacted to update their information, you’ll run the risk of payment switching or service cancellation.