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Revenue recovery tools

Last updated: 09-Nov-2021
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With more than one out of every six-card transaction failing for one reason or another, implementing strategies to reduce and/or recover declined authorizations is one of the best investments any recurring revenue-based business can make. Just as there are many reasons for payments to fail, there are numerous ways to prevent and recover them. 

rrt2Checkout provides recurring-revenue-based businesses with a comprehensive suite of revenue recovery tools, as well as the expertise and guidance to tailor and fine-tune your strategy to achieve industry-high revenue loss prevention and revenue recapture rates.

Revenue Recovery Tools are a set of unique features of the 2Checkout platform that are used for recovering and collecting transactional revenues lost due to poor authorization rates and includes, without limiting, the following:

 

Feature Basic  2Recover Add-on
Account Updater external

Multiple retries logic

2

up to 6 (in addition to the 2 included in Basic )

Pre-expiration billing x

2Checkout Updater

x

Dunning management 

x

Dispute prevention service

x

Authorization  Dashboard

Basic Advanced
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