Health, Fitness and Beauty
Delivering the highest failed payment recovery rate and decreasing churn for Health, Fitness and Beauty companies
Remove the largest source of customer churn and dissatisfaction for customers by applying FlexPay’s AI-enabled Invisible Recovery™ solution for failed payments.
FlexPay Invisible Recovery™ optimizes health, beauty and fitness subscription failed payment recovery
No Health, Beauty or Fitness business is the same although all prioritize a smooth and continuous experience and service for subscribers. One of the significant hurdles to ongoing subscription is failed payments, which is a cause of churn. Invisible Recovery™ works quickly and without any customer contact requirements, avoiding churn while maximizing revenue from industry-best failed payment recovery
Grow company revenue by 33%!
Failed credit card payments cause customer churn before the natural end of a customer account, which reduces overall company revenue and growth by eliminating multiple payment cycles from completing. High performance payment recovery increases customer LTV by recovering current month’s payment and unlocking future months billings. FlexPay allows health, fitness and beauty subscribers to choose when they want to end their subscription, and avoid having a failed payment make this decision for them.
Learn how FlexPay subscription clients experience an average 33% increase in total revenue collected in the first 12 months, and accelerate customer acquisition.
Unique payment recovery strategy optimized for each failed transaction
Payments are declined by card authorization systems for hundreds of reasons, so payment recovery solutions must intelligently adapt to each failed payment. The FlexPay AI-Powered Invisible Recovery™ solution creates a unique recovery strategy for each failed payment, maximizing recovery rates which in turn improves your risk profile.
Minimize failed payments and maximize company profitability
FlexPay’s Invisible Recovery™ solution delivers the highest failed payment recovery performance, creating longer lasting and more satisfied health, fitness and beauty customers. FlexPay improves customer experience by removing interruptions services and product access, while increasing revenue and profitability,
Strengthen relationships with every health, beauty or fitness subscriber, by reducing the largest cause of customer churn
- Reduce up to 75% of subscription customer churn caused by failed payments
- Earn future payments available after recovery, creating cumulative revenue growth and increasing customer LTV
- Accelerate future customer growth with excess customer acquisition budget gained from the recovered revenue
Health, Fitness and Beauty
FlexPay has integrations with most of the major subscription billing platforms, including Stripe and Chargify, allowing quick and easy deployments.
FlexPay has integrations with over 115 payment gateways, including Chase and FIS.
FlexPay’s API supports integrations with custom billing and payments systems, supporting deployments on virtually any platform.