Reduce failed payments with Tokenization and Account Updater services
Process payments seamlessly! With MYMOID, tokenize payment methods and keep card data updated to minimize declined transactions.
Overwhelmed by the high volume of failed payments due to payment method issues?
Many of your payment orders are rejected due to customer card issues, such as expiration, replacement, or number changes for security reasons. These rejections not only affect your immediate revenue but can also damage customer relationships and increase administrative workload. Manually managing payment issues and contacting customers to update their card information is time-consuming and resource-intensive.
= your effective payment solution
Our Tokenization and Account Updater services are solutions that allow you to update payment card information when a customer's card expires, is replaced, or becomes compromised. These services ensure that your business can continue to process recurring payments and subscriptions without interruption, even when the customer's card details change.
Payment method tokenization
MYMOID enables payment method tokenization for future transactions without customer intervention.
Account Updater
If you initiate a second payment attempt and the transaction is declined, we allow you to seamlessly update the payment method details and retry the transaction.
Maximize your revenue
Each failed transaction means lost revenue and additional authorisation fees. Recovering those payments helps you boost your total income.
Payment method tokenization
MYMOID enables payment method tokenization for future transactions without customer intervention.
Account Updater
If you initiate a second payment attempt and the transaction is declined, we allow you to seamlessly update the payment method details and retry the transaction.
Maximize your revenue
Each failed transaction means lost revenue and additional authorisation fees. Recovering those payments helps you boost your total income.
A ROBUST PAYMENTS STRATEGY
Our Core Services
The heart of our service is our robust Payment API ❤. Specializing in payment order processing, we prioritize security, simplicity, and transparency for you and your customers. Our API offers advanced tools designed to meet diverse business requirements, optimizing the creation and management of payment orders process. Among our solutions, we highlight:
🚀 Fast and reliable high-volume processing
Easy Integration: We provide a robust API that is easy to integrate with any platform.
Creation and Processing of High Volumes of Payment Orders in Minutes. Note that we only charge for successful payments!
Pay by Link: Create and share the payment order link via the channel that best suits your needs.
Scheduling and Sending Payment Orders: Use our intuitive tool to handle the entire payment order lifecycle, from creation to delivery.
🔐 Guaranteed Security
Your customer’s data is protected at all times: Compliance with PCI DSS, SCA - PSD2, GDPR.
Tokenization and Data Encryption to safeguard your customers' sensitive information. This significantly reduces the risk of fraud.
Payment order processing in a fully secure environment.
📊 Real time data and Support 24/7
Analytics Dashboard: We provide a real-time metrics where you can view accumulated transactions, declines, trends, and other key data for better decision-making.
Our expert support team is available 24/7. As our current clients say, “I choose MYMOID for their agility in response and effectiveness in problem resolution.”
🔻 Reduce Denials
Payment Orchestrator: We are a multi-acquirer, so you can route a single payment transaction through various processors until the payment is successfully paid.
Recurring payments: the tokenization allows you to reuse payment methods for future payments without customer's intervention.
Account Updater: Our system allows you to update expired, replaced, or compromised card details, facilitating the reprocessing of declined payments
🖌️ Payment Form customization
You can add your logo, change the colors, and adapt the design to match your brand’s image.
We support alternative payment methods (debit cards, credit cards, Bizum, etc.). You can configure and choose which payment methods to offer for each customer segment.
🚀 Fast and reliable high-volume processing
Easy Integration: We provide a robust API that is easy to integrate with any platform.
Creation and Processing of High Volumes of Payment Orders in Minutes. Note that we only charge for successful payments!
Pay by Link: Create and share the payment order link via the channel that best suits your needs.
Scheduling and Sending Payment Orders: Use our intuitive tool to handle the entire payment order lifecycle, from creation to delivery.
🔻 Reduce Denials
Payment Orchestrator: We are a multi-acquirer, so you can route a single payment transaction through various processors until the payment is successfully paid.
Recurring payments: the tokenization allows you to reuse payment methods for future payments without customer's intervention.
Account Updater: Our system allows you to update expired, replaced, or compromised card details, facilitating the reprocessing of declined payments
🔐 Guaranteed Security
Your customer’s data is protected at all times: Compliance with PCI DSS, SCA - PSD2, GDPR.
Tokenization and Data Encryption to safeguard your customers' sensitive information. This significantly reduces the risk of fraud.
Payment order processing in a fully secure environment.
🖌️ Payment Form customization
You can add your logo, change the colors, and adapt the design to match your brand’s image.
We support alternative payment methods (debit cards, credit cards, Bizum, etc.). You can configure and choose which payment methods to offer for each customer segment.
📊 Real time data and Support 24/7
Analytics Dashboard: We provide a real-time metrics where you can view accumulated transactions, declines, trends, and other key data for better decision-making.
Our expert support team is available 24/7. As our current clients say, “I choose MYMOID for their agility in response and effectiveness in problem resolution.”
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