FlexFactor and OpenPath Announce Partnership to Revolutionize Decline Recovery in E-Commerce
Instant integration unlocks FlexFactor's award-winning decline recovery platform. Merchants on WooCommerce, Adobe Commerce, BigCommerce, or Shopify can recover up to 30% of declines
FlexFactor's AcceptIQ platform leverages sophisticated AI and predictive analytics to automatically recover legitimate customer transactions wrongly declined by traditional payment systems. This seamless integration combines with OpenPath's extensive e-commerce platform coverage to immediately boost merchant revenues, enhance customer experiences, and optimize customer lifetime value - without introducing complexity or cost to consumers.
"Modern e-commerce demands seamless payment experiences for optimal conversion," said
"We're thrilled to partner with FlexFactor to bring the market's most effective decline recovery solution to merchants across the major e-commerce platforms. Our integration with FlexFactor enhances our market-leading orchestration capabilities by offering instant, frictionless access to a proven decline recovery solution," said
False declines create significant customer frustration and damage long-term customer loyalty. With the OpenPath integration, merchants can:
- Automatically recover up to 30% of declined transactions in real-time
- Deliver frictionless customer experiences
- Improve customer lifetime value through higher conversion rates
- Maximize marketing ROI by retaining revenue from existing transactions
FlexFactor remains uniquely positioned as the only market leader offering real-time, post-authorization recovery for both purchase and subscription card transactions.
The integration is immediately available for merchants on the supported e-commerce platforms mentioned above.
About FlexFactor
FlexFactor is the industry-leading payment recovery platform, transforming declined transactions into revenue in real time. Leveraging sophisticated AI technology and predictive models, FlexFactor enables merchants to capture previously lost sales without consumer friction or additional costs. FlexFactor covers all decline codes for both purchases and subscriptions and returns up to 20% in annual revenue. Learn more at https://flexfactor.io.
About OpenPath
OpenPath provides low-friction access to world-class transacting options with the added value of a consolidated platform. With global reach and integration with hundreds of processors, OpenPath offers merchants the broadest array of options for monetizing business traffic. Learn more at https://openpath.io.
View original content to download multimedia:https://www.prnewswire.com/news-releases/flexfactor-and-openpath-announce-partnership-to-revolutionize-decline-recovery-in-e-commerce-302409840.html
SOURCE FlexFactor
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Club Offers for Travel Enthusiasts in the U.S.
- Next Shiba Inu: 83M SHIB Burn Fails to Lift Price as AlphaPepe’s Stage 20 Scarcity Pulls Meme Buyers Earlier
- BREAKING NEWS: ELEKTROS Broadens Its Investor Profile as Lithium, Critical Minerals and Proprietary EV Charging Technology Drive Its Long-Term Growth Story
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share