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• Retain sales revenue: Avoid lost revenue caused
by service interruptions and keep customers and
businesses financially efficient.
• Keep customers happy: Improve the customer
experience and reduce expenses caused by service
interruptions.
• Reduce PCI scope exposure: Eliminate handling
of sensitive payment data and reduce PCI scope
Keep data current • Optimize integration: Facilitate smooth integrations
exposure within the cardholder data environment.
and remain PCI within CardSync's API and sandbox environment,
which places all necessary automation within easy
reach.
compliant • Stay current, updated: Receive daily reports
detailing which cards were charged and why.
• Cut administrative expenses: Eliminate the need to
ardSync, a cloud-based solutions provider, follow up with customers on updated payment card
automated its card account updater, enabling accounts.
merchants and third-party service providers
C keep card-on-file data current and PCI compli- In addition, CardSync's efficient, scalable Account Updater
ant. The PCI DSS Level 1 and 2 certified solution seam- strengthens merchant relationships and boosts their
lessly integrates recurring and card-on-file payment data confidence by helping them reduce declined transactions.
while providing simple yet comprehensive API documen- And it works equally well for single location merchants and
tation, according to William Kinney, founder and CEO at large chains.
CardSync.
James Hubert, director of business development at
"CardSync is a universal account updater platform that CardSync, noted that the costs of manual updates far
will efficiently pass critical updates from Card Issuers outweigh CardSync's transaction fees, which are limited
worldwide to any PCI DSS Level 1or 2 environment that to card updates and not inquiries. "With our reporting
stores credit card data for recurring and credentialed API, merchants can see what credit card information
processing," Kinney said. "CardSync works seamlessly has changed, the reason for the change, and any account
regardless of merchants' ISO, MSP or acquiring bank." closures," he said. "CardSync is a one of a kind solution that
gives merchants actionable information to save the sale."
Kinney pointed out that CardSync is a truly universal
solution that can appeal to small, midsize and enterprise-
scale organizations and doesn't require users to move
stored card data or pass through authorization codes. A Company: CardSync
large enterprise merchant or third-party provider could use
the solution to store tens of thousands of card data records, Product: Account Updater
he added. CardSync incorporated the card brands' AU Website: www.cardsync.io
onboarding requirements into its API, enabling partners
to enhance their omnichannel objectives by leveraging the Contact: james@cardsync.io
cloud-based platform.
Boost revenue, reduce declines
Kinney noted that approximately 33 percent of consumers
change their preferred payment methods every year,
without always updating all of their payment information
on file. This can make it difficult for merchants to maintain
up-to-date customer credit card credentials.
CardSync can prevent service interruptions by embedding
its automated universal card account updater program
within merchants' ecosystems, Kinney explained. Following
are additional benefits the company detailed:
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