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Uninterrupted payment, improved customer service
Merchants with account-on-file payment arrangements face the continued challenge of card payments that decline due to account number and expiration date changes. Payment declines compromise merchant sales and can potentially increase a merchant's direct and indirect expenses if you have to contact customers to get updated payment information.
More importantly, account changes also inconvenience your customers who expect uninterrupted service from you.
The Mastercard Automatic Billing Updater allows you to efficiently and seamlessly update account-on-file information, preventing disruptions due to account changes and helping you to secure ongoing payment relationships with your customers.
Contact your acquirer, processor or service provider if you would like to take advantage of this service.