Increase Authorization Rates
Adyen's RevenueAccelerate solution utilizes a proprietary machine learning model that constantly learns from platform-wide data to optimize for the highest authorization rates. By leveraging this technology, businesses can ensure that a larger percentage of their transactions are approved, ultimately leading to increased revenue.
Reduce Involuntary Churn
One of the key features of Adyen's RevenueAccelerate is its ability to keep card information up-to-date and re-attempt declined transactions at optimal times. This proactive approach helps businesses reduce involuntary churn, ensuring that potentially lost revenue is recovered through strategic transaction retries.
Lower Payment Costs
Adyen's solution goes beyond just increasing authorization rates; it also focuses on optimizing for lower payment costs while maintaining or even improving those rates. By finding the balance between cost reduction and authorization optimization, businesses can maximize their revenue streams and achieve higher profitability.
Optimize Every Transaction
From checkout to recovery, Adyen's all-in-one payments optimization toolkit ensures that every transaction is optimized for the best possible outcome. By creating frictionless shopping experiences, intelligent payment routing, and smart payment messaging, businesses can streamline their payment processes and maximize revenue at every touchpoint of the customer journey.
Smart Payment Messaging
Adyen's solution includes smart payment messaging that adapts the format of payment messages to meet specific issuer preferences. This customization ensures that payment data is sent in a way that maximizes approval rates with each issuing bank, ultimately leading to higher transaction success rates and increased revenue for businesses.
Automated Revenue Recovery
With Adyen's RevenueAccelerate service, businesses can automatically recover revenue from declined payments with fewer retries. Utilizing machine learning algorithms, Adyen helps identify the best days and times to retry payments, minimizing the risk of failed transactions and optimizing revenue recovery opportunities.