The IXOPAY card/account updater allows you to check all cards stored in the secure vault for updates on a monthly basis. A widget on the IXOPAY dashboard displays how many cards have been updated and which cards are due for an attempted update in the coming month.
Benefits of a Card Updater
By using an account updater, you ensure your business maintains accurate account information while reducing the fees associated with declined transactions. Automatic updates save time and resources, as you no longer need to be contacted customers individually to ask them to update their payment information. The card updater is available for all IXOPAY merchant clients. You are charged for the following actions.
- The account number was changed
- The account was closed
- The expiration date was changed
- The cardholder was contacted for updated information
Using this service, you can automatically update the cards stored in the IXOPAY vault. The cards’ expiration dates are checked by IXOPAY and those which are due to expire within a month are updated.
You can configure a widget on the IXOPAY dashboard to analyze your data. This allows you to see how many cards are expiring (this/next month) as well as how many have been updated (separated by provider). If you are using customer profiles, you will also be able to see when a card is due for an update in the customer overview or on the transaction tab. Old card numbers are stored for at least 30 days.
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