Sticky Glossary

Your go-to guide for comprehensive definitions and information about common terms used within the ecommerce industry.

Sticky Glossary > Recovery > Payment Method Management

Payment Method Management

Account Updater automatically updates expired or changed card information to prevent payment failures. It keeps recurring payments flowing smoothly by syncing with card networks to get updated payment details.

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What is a merchant advice code (MAC)?

Merchant Advice Code (MAC) provides specific guidance on how to handle declined transactions. These codes tell merchants whether to retry immediately, wait, or try a different approach to maximize payment success.

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What is card on file?

Card on File is the secure storage of customer payment information for future transactions. It enables faster checkouts and recurring billing without customers re-entering card details each time.

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Payment Method Management

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