According to Visa, card payments by subscription customers are declined on average 24% of the time, causing high levels of churn and revenue loss. But did you know that there are different types of failed payments and each kind requires specific solutions to recover the customers?

Every subscription and SaaS company needs to develop strategies and solutions to solve each type of failed payment to avoid the customer and revenue losses they create. Read Why Card Payments Fail and Technology Options to Solve Them to understand the two types of decline reasons and the most effective recovery approach.

Key insights:

• Why the different kinds of failed payments require different strategies to solve them
• How to avoid the customer churn some recovery methods cause
• How the payments tech stack can be upgraded to integrate a failed payment solution