Automatic Updater for Expired Cards

One of the biggest problems for merchants that charge credit cards on a recurring basis is maintaining accurate credit card information on file. In any given year, roughly 50-70% of Visa cardholders will change their account information. This places a heavy burden on merchants to reach out to customers and capture the updated information. If consumers are properly informed of the terms -- and give their full consent to recurring credit-card charges -- auto-renewal methods can benefit both the individuals and the businesses involved. Since credit-card issuers have a great deal to gain from these auto-renewal arrangement, promotions of the recurring-charge concept.

Automatic Billing Updater prevents disruptions due to account changes. It extends the life of automatic payment arrangements by helping secure these ongoing, revenue-generating relationships, all while locking in revenue, reducing processing costs, maintaining service continuity, and strengthening cardholder satisfaction.

Here is how it works:

  • Merchants can enroll through NDMS for VISA, MASTERCARD AND DISCOVER.
  • Card Issuers submit electronic files with updates when a cardholder's account information changes.
  • Card Issuers are required to send these file updates within two business days, and are strongly encouraged to send them daily to ensure that account-on-file Merchants have the advantage of the latest authorization data.
  • The Merchants credit card information is sent to NDMS who then processes inquiries against its database and provides responses.
  • Participating Merchants are required to update their customer account databases in accordance with Terms of Use.

Download Visa Automatic Updater PDF

Download MasterCard Automatic Updater PDF

NDMS Offers

NDMS offers the technology, resources and support to deliver complete end-to-end payment processing services to any merchant.

By partnering with us, you gain the strength, reliability and flexibility of our payment processing network, plus comprehensive and proactive customer support that is unmatched in the industry. Our expert capabilities deliver swift, seamless authorization, capture, clearing and settlement services to meet your needs.

Benefits include:

  • Full line of POS equipment and software applications
  • Complete array of connectivity options
  • Comprehensive payment forms
  • Quick and easy setup
  • Robust reporting
  • Unmatched pricing

Support:

  • Access transaction and batch information within minutes of the completed transmission
  • Historical data available for the previous 13 months
  • View and analyze daily electronic sales
  • View monthly summaries (for multiple merchant accounts under one merchant)
  • Create customized reporting
  • Securely download data and reports in various formats