Agile Payments Potential Savings Calculator

The calculator below can provide an idea regarding potential revenue lift and savings using a combination of  strategies.

• Proactive customer outreach to update card info
• Using Credit Card Updater service
• Retry logic with expiration dates and soft declines
• Last Chance logic
• Adding an ACH option: provides a significant improvement to collection rates and reduces processing fees.

Some assumptions: 60% of your declines are proactively or subsequently processed from using strategies above and you see an estimated 2.5% bump in customer retention rates.