Compare FlexPay vs. Loopit

There’s one last unsolved problem in the payment ecosystem, and it’s a trillion-dollar one: recurring payments for subscription fail 24% of the time. Why? Because of a systemic problem in a payment ecosystem that was built for one-off transactions, not subscriptions. FlexPay is a FinTech startup that helps merchants retain more subscribers by recovering failed credit card payments on recurring transactions, unlocking revenue that was about to be lost. Organizations with recurring payments encounter systemic issues in the payment ecosystem that reject on average one-quarter of all recurring payments, and two-thirds of these rejected payments are false declines -payments that should have been approved. By upgrading the payment rails with artificial intelligence, the FlexPay platform creates unique recovery strategies for each transaction, achieving unparalleled approval rates. INVISIBLE RECOVERY™ interacts directly with the payments system to avoid customer visibility to the failed payment. It is the fastest and most effective tool to recover soft declines.

The innovative technology fueling the car subscription movement is brought to you by Loopit, enabling businesses to implement their own car subscription models on their own conditions. Are you looking to provide your clients with a flexible alternative to traditional car ownership without redirecting them to an external site? Now it's entirely possible. Loopit equips your enterprise with the necessary tools, software, and knowledge to effectively run an in-house car subscription service, complete with continuous training and nationwide support across Australia. By partnering with Loopit, you can establish a steady revenue stream, retain customers right at your dealership, tailor your subscription plans and pricing models to your preferences, and personalize the Loopit system to align with your business requirements. This way, you can enhance customer satisfaction while driving your business forward.