OrderLogix proudly offers their order management system customers, a full integration of FlexPay’s proven solution for declined payment recovery
Scarborough, ME –October 24, 2018 – OrderLogix, the leading provider of advanced, business-to-consumer Order Management Solutions, today announced that they have completed a full integration with FlexPay, a machine learning enhanced payment gateway. FlexPay’s specialty is using business intelligence and machine learning to successfully capture declined credit card payments for clients.
“We needed a way to dramatically increase the recovery of declined credit card payments for our clients and FlexPay has a demonstrated track record of doing just that. Our integration allows for an automatic process to send declined payments directly to FlexPay where their proven decline salvage tools go to work to improve our client’s financial success,” commented Sotero Giftos, President of OrderLogix.
“We are excited to be integrated with OrderLogix’s SaaS order management solution. Our platform can easily handle OrderLogix clients’ volume as they continue to grow,” said Chris Reinmuth, EVP of Business Development and Partner at FlexPay. “According to Javelin Research, 1.9 billion transactions are falsely declined globally every year representing $118 billion in lost business. FlexPay can recover between 30% and 50% of declines,” added Reinmuth. “FlexPay uses over 70 data points to best determine when, where and how to process each transaction.”
Flexpay is a leader in artificial intelligence driven payment decline salvage. FlexPay uses machine learning, statistic-based decline salvage and risk balancing strategies. Certified with over 120 payment processors, FlexPay is informed by our vast experience in merchant processing and long-term relationships with card issuing and acquiring banks. Our scalability allows us to be able to handle millions of transactions every month. Using FlexPay will keep your customers engaged with your brand, improve approval ratios, decrease chargeback rates and refunds and significantly increase your customer’s lifetime value. For more information, please visit www.FlexPay.io
OrderLogix is a leading provider of advanced, business-to-consumer Order Management Solutions to the direct response, e-commerce and multi-channel retail markets. Based in Scarborough, Maine the company provides best of breed software that is integrated with most major ERP and accounting applications. OrderLogix delivers a complete suite of implementation and professional services, integrating with marketing data sources, call centers, and other back end service providers. For nearly 20 years, the people at OrderLogix have become widely regarded for their leading edge software applications, data collection platform, sales conversion tools, channel analytics and integration expertise. OrderLogix customers typically achieve greater visibility and insight into their marketing and sales channel performance, improved operational efficiencies and increases in revenue. For more information, please visit www.OrderLogix.com