Latest news with #FlexFactor
Business Wire
08-05-2025
- Business
- Business Wire
FlexFactor and Valor PayTech Partner to Maximize Merchant Revenue and Reduce Payment Declines
JERICHO, N.Y.--(BUSINESS WIRE)--FlexFactor, the leading provider of real-time payment decline recovery solutions, today announced a strategic partnership with Valor PayTech, an innovative omnichannel payment technology provider. This collaboration enables merchants and ISOs using Valor PayTech's payment solutions to seamlessly activate FlexFactor's advanced decline recovery service, solving one of the industry's most costly challenges—payment declines. "Valor PayTech is a forward-thinking partner that shares our commitment to empowering businesses with technology-driven payment solutions. By integrating our real-time recovery technology into their platform, we are enabling merchants to maximize revenue." Share Declined transactions cost U.S. merchants an estimated $300 billion per year in lost revenue. FlexFactor's AcceptIQ platform harnesses cutting-edge AI and predictive analytics to automatically recover up to 30% of customer transactions that are mistakenly rejected. With this integration, ISOs and merchants using Valor PayTech's platform can dramatically reduce lost sales, increase customer retention, and enhance lifetime value—all without introducing friction into the payment process. "Merchants and ISOs need seamless, intelligent solutions that drive revenue without adding operational complexity," said Elio Vitucci, CEO of FlexFactor. "Valor PayTech is a forward-thinking partner that shares our commitment to empowering businesses with technology-driven payment solutions. By integrating our real-time recovery technology into their platform, we are enabling merchants to maximize revenue effortlessly and strengthen customer relationships." "At Valor PayTech, we are committed to providing payment solutions that enhance merchant profitability and streamline operations," said Eric Bernstein, CEO of Valor PayTech. "Partnering with FlexFactor allows us to take our platform to the next level by ensuring that merchants don't lose revenue due to unnecessary payment declines. Together, we are delivering a best-in-class solution that benefits ISOs, merchants, and their customers alike." With the Valor PayTech integration, merchants can: Recover up to 30% of failed transactions in real-time Increase revenue without changing their existing payment flow Deliver frictionless customer experiences Improve retention and lifetime value with a frictionless recovery experience FlexFactor remains the only market leader offering real-time, post-authorization recovery for both one-time and subscription-based transactions. This partnership cements both companies' positions at the forefront of payment innovation, providing ISOs and merchants with unparalleled tools to optimize transaction success rates. The integration is now available to all merchants using Valor PayTech's payment solutions. About FlexFactor FlexFactor is the industry-leading payment recovery platform, transforming declined transactions into revenue in real-time. Leveraging AI-driven technology and predictive modeling, FlexFactor enables merchants to recover lost sales without friction or additional costs. Covering all decline codes for both purchases and subscriptions, FlexFactor returns up to 20% in annual revenue for its customers. Learn more at About Valor PayTech Valor PayTech provides innovative omnichannel payment solutions designed to empower ISOs, ISVs, and merchants with cutting-edge technology. Offering seamless integrations, real-time analytics, and multi-platform payment acceptance, Valor PayTech helps businesses optimize revenue and enhance customer experiences. Learn more at
Yahoo
16-04-2025
- Business
- Yahoo
Spreedly, FlexFactor to help merchants recover sales lost to false declines
Spreedly, an open payments platform, and FlexFactor, a payment recovery platform, have forged a partnership to assist merchants recover lost sales caused by false declines. The collaboration seeks to address this issue by enabling merchants to convert declined transactions into successful ones, potentially enhancing shopping cart conversions and supporting business growth. It leverages open payments feature, Spreedly Connect, allowing merchants to access multiple gateways and choose the "best performing" one in real time. When transactions are declined, FlexFactor's engine evaluates the transaction and may purchase the invoice, enabling the merchants to finalise the sale. Merchants can recover up to 30% of declined transactions and may see a 10-20% boost in conversion rates through purchase recovery, Spreedly claims. FlexFactor, which offers its services on a contingency basis, will charge only a 'small' percentage of the revenue recovered from declined transactions. With no additional software-as-a-service (SaaS) or setup fees, the solution offers a low-risk for eCommerce and subscription sectors merchants. FlexFactor CCO and co-founder Ze'ev Shoval stated: 'Our goal is to combat false declines at scale without adding complexity, ensuring seamless purchases. Partnering with Spreedly enhances our solution, allowing merchants to recover revenue from declined transactions, boost conversions, and improve the customer experience. This partnership is a win-win for everyone." Spreedly Partnership VP Rose Francois said: "Partnering with FlexFactor allows us to offer merchants a comprehensive solution to tackle payment declines. By integrating their real-time payment recovery service with Spreedly Optimize, we enable merchants to recover lost revenue and transform declines into opportunities for growth." Earlier in the month, Spreedly partnered with EBANX, a payments provider, to extend alternative payment methods to international companies in Latin America. "Spreedly, FlexFactor to help merchants recover sales lost to false declines " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
