The CashFlows Account Updater service combines the Mastercard Automatic Billing Updater (ABU) and Visa Account Updater (VAU) solution, and it is now available to merchants on a single integration through Acquired.com. When a successful card update takes place, the existing token reference is updated for Acquired.com’s customers.
Updates also happen in case cards expire, are lost, stolen, or upgraded. Once a card is updated, the customer can then re-process a transaction and collect funds. This creates a ‘zero-friction’ proposition, and customers can reduce their back-office collection processes. At the same time, CashFlows’ merchants and partners will receive a response even if the card is not updated.
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