Failed transactions can cause significant revenue loss for companies scaling subscription services. Combat this with Zuora’s payment optimization tools & grow revenue.
Reduce Fraud and Revenue Leakage with Payment Optimization
Stop Fraud Across Gateways
Stop false declines caused by aggressive fraud screens regardless of the gateway you use
Increase Payment Success Rates
Use AI & Machine Learning for intelligent retries and recover up to 50% more in failed payments.
Optimize Transaction Routing
Leverage routing capabilities and direct transactions to the best-performing gateways to reduce failures.
Grow Topline Revenue
Expand your reach and grow topline revenue with access to multiple payment methods and gateways
Stop Fraud Across Gateways
Fight Fraud & Reduce Declines
While payment providers may be good at blocking fraudulent transactions, some may reject legitimate payments due to aggressive fraud screening. With gateway agnostic fraud protection, you get protection built for the unique needs of subscription payments. This ensures fewer legitimate transactions are declined, reducing churn and preventing revenue leakage without compromising security.
Zuora’s AI-powered payment retries maximize every opportunity to recover a failed transaction. Using AI/ML-based algorithms, Zuora identifies the optimal time and method to retry failed payments, increasing your chances of success with every attempt. This allows automatic recovery of failed payments without manual intervention, saving time and costs while boosting your payment success rate.
The infrastructure for handling electronic payments can be complex, with multiple payment service providers (gateways), card networks, and banks involved in every transaction. Each has different connectivity performance and regional nuances that can lead to payment failures.
Overcome these challenges with routing capabilities that direct transactions to the most reliable and optimal payment service providers. This ensures higher success rates and less revenue lost due to regional or provider-specific issues.
Expand your reach by offering customers various payment options. Access over 40 global payment gateways and cater to regional preferences and specific payment methods. Zuora’s customizable payment forms offer a seamless checkout experience, providing the flexibility to offer your customers the right payment options so they can pay how they want.
“Zuora has been integral to our payments strategy, enabling us to reach the healthiest state of our payments ecosystem in years. We have seen improved authorization rates and reduced chargebacks. Over the past 30 days, our implemented rules have blocked nearly 2,000 fraudulent payment attempts, ensuring no negative impact on our subscribers. By intercepting this traffic before it reaches our payment processors, we have significantly enhanced the quality of our transactions and improved issuer perceptions of our business”.
As your customers change how they want to access your products and services, you have to evolve how you do business. Learn more about how our leading Subscription Economy® solutions have helped many of the world’s most innovative subscription businesses succeed.