Revenue recovery
Cardflo's revenue recovery solutions address failed transactions directly. We employ strategic retries, intelligent routing, and real-time analytics to convert declined payments into approved ones. This approach minimises lost sales and maximises your transaction success rates, ensuring that potential revenue is captured efficiently.
What you get.
- Automated retry logic for soft and hard declines, configurable by reason code.
- Dynamic routing of failed transactions to alternative acquirers or MIDs.
- Real-time analysis of decline codes to inform recovery strategies.
- Card updater services to refresh expired or updated card details.
- Customisable retry schedules and frequency based on merchant risk profiles.
- Detailed reporting on recovery rates and revenue impact.
Common questions.
How does Cardflo identify which transactions to retry?
Cardflo analyses decline codes and transaction history to differentiate between temporary and permanent failures. Our system is configured to retry transactions with a higher probability of success, optimising resource use and improving recovery rates without excessive retries.
Can I customise the retry logic for different products or customer segments?
Yes, Cardflo allows for granular customisation of retry logic. Merchants can define specific rules based on product type, customer value, or geographic location, ensuring that recovery efforts are aligned with their business objectives and risk tolerance.
What is the typical success rate for revenue recovery?
Success rates vary depending on industry, decline reasons, and overall transaction volume. However, Cardflo's strategies typically recover a significant percentage of initially declined transactions, often ranging from 10% to 30% of failed payments, directly impacting your bottom line.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.