How much money are you losing each month to unfulfilled recurring subscription transactions? Nexio’s Decline Recovery uses AI-Driven machine learning to figure out the best time, transit, and testing process to recover between 30% – 50% of those declined transactions.
Are unnecessary declines eating your bottom line?
Card-Not-Present (CNP) transactions can cause decline rates to be as high as 50%
CNP transactions are susceptible to false positive responses by Card Issuing Bank’s fraud detection systems
You are missing out on sales from customers who have committed to spending their money on your product
Traditional customer recovery methods are expensive, scale poorly, and generate poor results
With Nexio’s Decline Recovery, You Can Recapture those lost sales
Decline Recovery reclaims a large portion of those declined transactions for you
Over 70 data points are used to best determine when, where, and how to process for a successful transaction
With fewer frustrating declines, your customers are kept engaged in your brand
With fewer declines, you can get, and keep, better approval ratios
The process is automated, saving you the cost of traditional customer recovery methods