What is Account Updater?
Account Updater is the secure exchange of updated account information, facilitated by the card brands. Updated information flows through card brands, from card issuers and acquirers, to merchants that vault card credentials. This reduces checkout friction for customers, because they do not have to re-enter payment information to complete a purchase.
Increase Approval Rates
Reduce fraud through eliminating lost or stolen card information
Avoid lost sales and customer turnover due to card reissuance (up to 30% annually)
Improve Customer Experience
Eliminate the need for customers to re-enter card details when expired, and repeat purchases with a single click
Coverage and Support
- Global support with a single connection
- Direct link to card network data
Ease of Implementation
- Quick integration into any vault architecture
- Simple API to get you started quickly
Flexibility and Performance
- Notifications sent when cards are updated
- Cloud-based service with low-latency
How it Works?
After integrating our service, you’ll be able to