Butter Payments: How AI Is Used to Optimize Failed Payment Recovery

1. Introduction to the company: Butter Payments is a fintech company focused on reducing involuntary churn for subscription businesses. By leveraging advanced machine learning models, Butter Payments optimizes payment recovery processes, helping businesses retain subscribers and recover lost revenue due to failed payments.

2. Features of the product/platform:

• ML-driven payment recovery: Optimizes retry strategies for failed payments.
• Real-time payment analysis: Analyzes hundreds of variables to improve authorization rates.
• Seamless integration: Connects with payment processors and subscription management platforms.
• Customizable retry strategies: Tailors retry approaches based on business needs.
• Comprehensive reporting: Provides insights into payment recovery performance.

3. Challenge the company is solving: Butter Payments addresses the challenge of involuntary churn caused by failed payments. The platform optimizes payment recovery processes, reducing revenue loss and improving subscriber retention.

4. Benefits of using the product/platform:

• Increased revenue recovery
• Reduced involuntary churn
• Improved payment authorization rates
• Enhanced subscriber retention
• Data-driven insights

5. Recommendations on how to best use the product:

• Implement ML-driven payment recovery to optimize retry strategies.
• Use real-time payment analysis to improve authorization rates.
• Integrate with your payment processor for seamless operations.
• Customize retry strategies to fit your business needs.
• Monitor performance with comprehensive reporting.

For more information, visit Butter Payments.