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Payment Method Management
Terms
- 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.
- What is an account updater?
- 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.
- 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.