Recurring Payments
JetPay's Recurring Payments feature is perfect for bills or fees that occur on a regular basis. For example, monthly or quarterly subscription or membership fees can be processed systematically on a set schedule.
Full recurring qualification transactions need to be populated with the proper
recurring information when an authorization is performed.
Cards that have expired get new expiration dates
and are authorized without customer intervention.
Upgraded customer card numbers are retrieved from
the issuer without customer intervention.
Billing information is stored in a secured facility.
Private Field Reporting
Does your company need to capture non-standard data? With JetPay's private reporting fields, JetPay will capture data and allow online report generation on your data. Standard fields include four fields of 64 characters each. You decide the type of information you need, JetPay captures and reports it.
Transaction Recycling
Transaction recycling is an additional feature of the Recurring Payments engine. If your client gets a "decline" at the normal billing period, JetPay will continue to work the transaction based on the internal rules for up to 15 days to receive an approval. This procedure happens without merchant or client intervention. Approvals received by the JetPay Transaction Recycling engine reduce customer service costs and decrease cancelled service requests.
Less cancelled service translates into more profit to the bottom line.
Account Updater
With card-based payments so prevalent in everyday transactions, your business has undoubtedly seen decreases in deposits when your customers fail to notify you of a change in their credit card account information. The JetPay Account Updater electronically retrieves the most current cardholder information and updates the account. Account Updater helps you reduce declined card transactions and the resulting chargebacks.
The Power of JetPay
JetPay's flexible service can meet your business needs through its innovative services. Recurring Payments and Transaction Recycling features ensure that your company receives its payments without the hassle of extra steps. The JetPay system performs the steps for you - automatically.