Payment Method Update Link

Payment Method Update Link

Software Updates

April 9, 2024 ● 2 min read

Payment Method Update Link
A subscription-based fitness app utilizes the Payment Method Update Link feature to promptly notify clients about expiring payment methods, resulting in fewer subscription cancellations and increased revenue.
Payment Method Update Link: Allows customers to seamlessly update their payment methods for subscriptions, enhancing convenience and reducing the risk of payment failures.

⭐️ Why Does It Matter To Your Business?

  • Simplified Process: Easily send a secure link to customers, enabling them to update their payment information without manual intervention.

  • Enhanced Customer Experience: Provide people with a hassle-free way to manage their subscriptions, promoting satisfaction and loyalty.

  • Mitigated Payment Failures: Proactively address potential payment issues by facilitating timely updates to payment methods, ensuring uninterrupted service.

⭐️ How To Use Payment Method Update Link:

  1. Access the “Payments” tab from the left navigation menu and click on “Subscriptions” from the upper navigation menu. Click on the three dots kabab and the newly added option “Share payment update link” in the subscription list.

  2. You can either email the link directly to the customer or copy it by clicking on “Copy” to send separately. These links are one time use only, and valid only for 30 days.

  3. Send the copied link to your customer and the customers can simply click the link to view and update their subscription details.

  4. Upon updating, the new payment method will be charged starting from the next billing cycle.

Streamline subscription management and enhance customer satisfaction with the Payment Method Update Link feature within the CRM, reducing the risk of payment failures and fostering long-term relationships with clients.

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