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Vindicia Select uses our patent-pending ART Advanced Retention Technology® system to analyze the challenging failed transactions that digital businesses often struggle with after completing multiple unsuccessful attempts. These “challenging” transactions are often never successful and create significant lost revenue for many digital businesses (10%-15% on average). We compare these transactions with best practices across the Vindicia client network that has processed over $6 billion, and apply this knowledge to them. As a result, we typically see an additional success rate of 30-40% on previously failed transactions, thus adding significant “found” revenue to our clients’ top line, reducing customer churn and extending customer lifetime value.
Yes, Vindicia Select is a stand-alone product.
Vindicia Select is specifically designed for businesses that want to keep their existing billing infrastructure but seek a no-risk approach to overcoming customer payment failures.