FlyCode addresses the common problem of involuntary churn caused by failed recurring payments. Traditional retry systems are often inefficient, leading to permanent loss of revenue. FlyCode uses AI to dynamically decide when and how to retry a failed payment. It considers factors like the card issuer, time of day, transaction amount, and historical success rates. The AI model continuously learns from each transaction, improving recovery rates over time.
The platform integrates seamlessly with major payment gateways, requiring no changes to existing infrastructure. It provides a dashboard with actionable insights, showing recovery rates, reasons for failures, and revenue saved. FlyCode also offers smart messaging to notify customers about payment issues, increasing the chance of successful resolution before the next retry.
Key benefits: reduces churn by recovering failed payments automatically, increases recurring revenue, and provides transparent reporting. It is designed for B2B SaaS, subscription boxes, membership sites, and any business with recurring billing. FlyCode's AI can distinguish between temporary issues (like insufficient funds) and permanent failures (like expired cards), applying appropriate strategies. The system also supports multiple currencies and payment methods, making it global-ready.
Subscription, based businesses, SaaS companies, e, commerce merchants, and any organization with recurring billing that experiences failed payments leading to revenue loss.