Managing expired or replaced credit cards can be a hurdle for consistent billing. AffiniPay’s Account Updater feature automates this process by keeping your clients' payment data current without requiring manual intervention.
🛡️ How It Works
The Account Updater performs weekly automated checks on your stored client payment data:
Weekly Scans: The system automatically reviews payment data for upcoming expiration dates or changes.
Bank Synchronization: If data is outdated, AffiniPay retrieves the latest details directly from the client’s issuing bank.
Automatic Updates: New card numbers or expiration dates are applied to the record automatically, ensuring seamless future transactions.
📍 Availability
Currently, the Account Updater feature is specifically available for:
Card Vault: Securely stored cards for repeat clients.
Scheduled Payments: Recurring billing cycles and payment plans.