Latest news with #VisaAcceptance
Cision Canada
24-06-2025
- Business
- Cision Canada
Spreedly Announces Just-In-Time Card Updates for Visa Cards to Reduce Failed Payments
Speedly's integration helps merchants deal with outdated customer card details, a key driver of failed payments, particularly in recurring billing or subscription models DURHAM, N.C., June 24, 2025 /CNW/ -- Spreedly ( a leading global open payments platform, today announced a strategic enhancement to its platform through the integration of Just-In-Time Card Updates for Visa Cards powered by Visa Account Updater (VAU). Outdated card details are a key driver of failed payments, particularly in recurring billing or subscription models. Spreedly's Just-In-Time Card Updates integration addresses this challenge by providing merchants with up-to-date card credentials precisely when they're needed. Unlike traditional card update strategies, which operate on a scheduled batch basis, Just-In-Time Card Updates enable real-time access to refreshed card credentials at the point of transaction to give merchants greater control and responsiveness. Built on the Advanced Vault capabilities of the Open Payments Platform, Spreedly leverages Visa's powerful network to give merchants control to fetch card updates at the right place and right time. This ability to leverage tools on demand allows businesses to better manage their operational costs and prevent disruption to the customer experience for card-on-file and subscription payments. Key Business Benefits: Improved Authorization Rates: Reduce declines caused by outdated card credentials and recover revenue from failed transactions. Operational Efficiency: On-demand updates eliminate the need for constant background refreshes; this streamlines payment workflows and reduces costs. Customer Retention: Prevent service interruptions and improve customer loyalty by ensuring seamless, uninterrupted transactions. Strategic Flexibility: Merchants control the timing and use of card updates, aligning payment operations with business needs. "Our mission is to provide merchants with the flexibility and intelligence they need to optimize every transaction," said Peter Dougherty, President at Spreedly. "We wanted to create an innovation that drives results for our customers – a card update in-line with the transaction itself does exactly that." Spreedly and Visa Deepen a Strategic Collaboration This release marks a continued deepening of Spreedly's strategic collaboration with Visa to accelerate innovation across the payments ecosystem. In addition to integrating with VAU to enable Just-In-Time Card Updates, Spreedly is integrating Visa Acceptance across key gateways—including CyberSource and provide merchants with greater reach and reliability. About Spreedly Founded in 2007, Spreedly's ( open payments platform enables access to the global consumer, processing more than $50 billion in gross merchandise value (GMV) annually in over 100 countries. The company's customers include BMW, Clear, HBOMax, Hopper, Lemonade, The New York Times, Priceline, SeatGeek, TravelPerk, and others. Built to overcome the challenges of commerce in a cashless world, we empower our merchants through an open, secure, and inclusive payment ecosystem. Spreedly unlocks choice among PSPs, fraud tools, and other innovative payment services.
Yahoo
24-06-2025
- Business
- Yahoo
Spreedly Announces Just-In-Time Card Updates for Visa Cards to Reduce Failed Payments
Speedly's integration helps merchants deal with outdated customer card details, a key driver of failed payments, particularly in recurring billing or subscription models DURHAM, N.C., June 24, 2025 /CNW/ -- Spreedly ( a leading global open payments platform, today announced a strategic enhancement to its platform through the integration of Just-In-Time Card Updates for Visa Cards powered by Visa Account Updater (VAU). Outdated card details are a key driver of failed payments, particularly in recurring billing or subscription models. Spreedly's Just-In-Time Card Updates integration addresses this challenge by providing merchants with up-to-date card credentials precisely when they're needed. Unlike traditional card update strategies, which operate on a scheduled batch basis, Just-In-Time Card Updates enable real-time access to refreshed card credentials at the point of transaction to give merchants greater control and responsiveness. Built on the Advanced Vault capabilities of the Open Payments Platform, Spreedly leverages Visa's powerful network to give merchants control to fetch card updates at the right place and right time. This ability to leverage tools on demand allows businesses to better manage their operational costs and prevent disruption to the customer experience for card-on-file and subscription payments. Key Business Benefits: Improved Authorization Rates: Reduce declines caused by outdated card credentials and recover revenue from failed transactions. Operational Efficiency: On-demand updates eliminate the need for constant background refreshes; this streamlines payment workflows and reduces costs. Customer Retention: Prevent service interruptions and improve customer loyalty by ensuring seamless, uninterrupted transactions. Strategic Flexibility: Merchants control the timing and use of card updates, aligning payment operations with business needs. "Our mission is to provide merchants with the flexibility and intelligence they need to optimize every transaction," said Peter Dougherty, President at Spreedly. "We wanted to create an innovation that drives results for our customers – a card update in-line with the transaction itself does exactly that." Spreedly and Visa Deepen a Strategic Collaboration This release marks a continued deepening of Spreedly's strategic collaboration with Visa to accelerate innovation across the payments ecosystem. In addition to integrating with VAU to enable Just-In-Time Card Updates, Spreedly is integrating Visa Acceptance across key gateways—including CyberSource and provide merchants with greater reach and reliability. About SpreedlyFounded in 2007, Spreedly's ( open payments platform enables access to the global consumer, processing more than $50 billion in gross merchandise value (GMV) annually in over 100 countries. The company's customers include BMW, Clear, HBOMax, Hopper, Lemonade, The New York Times, Priceline, SeatGeek, TravelPerk, and others. Built to overcome the challenges of commerce in a cashless world, we empower our merchants through an open, secure, and inclusive payment ecosystem. Spreedly unlocks choice among PSPs, fraud tools, and other innovative payment services. Media contact:Olya Ordaolga@ View original content: SOURCE Spreedly View original content:
Associated Press
22-04-2025
- Business
- Associated Press
Everyware Integrates Visa Acceptance Devices Into the Payment Platform
AUSTIN, TX - April 22, 2025 ( NEWMEDIAWIRE ) - Everyware, a leading provider of payment and customer engagement solutions, today announced the launch of their integration to Visa's innovative Acceptance Devices and Point-of-Sale (POS) solutions on Cybersource, a Visa Acceptance Solution. This next-generation offering simplifies and enhances in-person payment experiences for businesses of all sizes. Leveraging the Cybersource Platform, Acceptance Devices enable businesses to seamlessly integrate secure payment acceptance into their existing POS system, while providing access to advanced features such as Network Tokenization. This technology allows merchants to unify sales channels and gain comprehensive insights into customer interactions across multiple touchpoints. 'Our collaboration with Visa represents a significant step forward in delivering smarter, more integrated payment solutions,' said Austin Talley, Founder & CEO at Everyware. 'With Acceptance Devices being added to our offering, businesses gain access to a fully integrated, secure, and scalable payment platform designed to simplify operations and enhance customer experiences.' Next-Generation Payment Devices for Every Business Everyware's implementation of Acceptance Devices is designed for rapid deployment with pre-certified, pre-integrated card readers that accommodate diverse in-person payment scenarios. Acceptance Devices can be deployed flexibly in semi-integrated, all-in-one, or standalone configurations, allowing businesses to select the mode that best aligns with their operational needs. Simplified Management and Remote Updates Beyond payment acceptance, Everyware streamlines business management through remote software and configuration updates. The centralized management tool allows businesses to easily monitor payment activities, manage terminal fleets, and implement seamless software updates all through a single, intuitive dashboard. The ready to deploy next-generation Visa Acceptance Devices product comes with pre-certified, pre-integrated card readers and a Tap to Phone solution for various environments, such as countertop, mobile, portable, and unattended. This product in addition to a connection to Visa Platform Connect makes it easy for businesses to accept payments across multiple channels and regions using a single connection, providing streamlined access to over 250 acquirers globally. Powered by Visa value-added services, Everyware's implementation of Visa Acceptance Devices solution provides businesses with a robust way to modernize their payments infrastructure. For more information about Everyware's payment solutions, visit Or check out our LinkedIn profile. About Everyware Everyware is a leading provider of innovative payment and customer engagement solutions, enabling businesses to seamlessly accept and manage payments across multiple channels. With a focus on security, innovation, and exceptional user experience, Everyware equips merchants with cutting-edge technology designed to enhance customer interactions and streamline operational efficiency. Contact: Karen Voci 703-966-8933 [email protected]
