Revenue recovery tools

Last updated
Save as PDF
Share
1. Share
2. Tweet
3. Share

With more than one out of every six-card transactions failing for one reason or another, implementing strategies to reduce and/or recover 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 based 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 revenue loss prevention and revenue recapture rates.

Revenue Recovery Tools is a unique feature of the 2Checkout platform that is used for recovering and collection of transactional revenues lost due to poor authorization rates and includes, without limiting, the following :

	Basic	Advanced
Account Updater external	√	√
Multiple retries logic	2	up to 6 (in addition to the 2 included in Basic )
Pre-expiration billing	x	√
2Checkout Updater	x	√
Dunning management	x	√
Dispute prevention service	x	√
Authorization Dashboard	Basic	Advanced