CardUpdatr is the best way for cardholders to place credit and debit cards as a default payment method where they shop and pay online. Why did we add the embedded option to CardUpdatr? We are constantly “strivving” to make the best experience for cardholders that simultaneously benefits our financial institution partners. Using our original method, CardUpdatr is delivered in a vanity URL and the cardholder is navigated to a separate [...]
If you follow Strivve you know that COVID-19 is top of mind for us right now ; we are taking the necessary steps ourselves to remain healthy and safe. Strive isn’t a large company, but even we have felt the strain of having to shift processes that were built with the assumption of bodies in chairs and rework them to be able to be done (and done well) remotely. It [...]
As with all major events including the current outbreak of COVID-19, there is a change in behavior among the population. The Nielsen Company has produced an intriguing article, KEY CONSUMER BEHAVIOR THRESHOLDS IDENTIFIED AS THE CORONAVIRUS OUTBREAK EVOLVES, and has discovered 6 behavior thresholds. Understanding these consumer behaviors is important. In order to provide assistance to your cardholders, you must understand how they behave during and after the shift. As [...]
The holidays are right around the corner and it's time to ensure cardholders use your card for their online spendings. After all, more consumers will shop online than in-store during this holiday season. And with over 70% of Americans gearing up to swipe—or manually enter—their cards, why not give them the solution to easily update payment cards wherever they plan to check out online? CardUpdatr™ provides a cardholder experience that [...]
The CardUpdatr application is different than network updaters in various ways. Through secure automation technology, CardUpdatr allows cardholders to update all of their card-on-file accounts in one place. This web and mobile application is the only solution that works to update any card where cardholders pay online to comprehensively benefit all parties in the payments ecosystem. CardUpdatr can update all card information including name and billing address. The application is [...]
Why being the card-on-file is the key to a successful card portfolio. Cardholder behavior has changed drastically as online commerce has evolved. The PYMNTS Mobile Card Services Playbook dove into cardholder behavior, specifically behavior on storing card information online. The Playbook stated that 78.9% of customers store their payment information online. Moreover, 44% of cardholders store a card on 3-5 different sites and 30.8% store a card on 5 or [...]
Strivve provides the CardUpdatr application in two distinct ways, either on a Shared hosting service or on a Dedicated hosting service. Every institution is different and has different needs. In this blog, we’re going to help you decide which service option suits your company’s needs. The Shared hosting service provides a lower cost option for customers with low volume needs or one-time card replacement/issuance needs. In this option, the platform [...]
With the recent launch of CardUpdatr™, you may be asking yourself, “How is that different than CardSavr®?” This blog is to help clear up any questions. CardSavr and CardUpdatr have a lot in common. Both CardSavr and CardUpdatr enable card issuers to help their cardholders update any type of card (credit cards, debit cards, virtual cards etc.) everywhere cardholders pay online. Finally! Cardholders no longer have to navigate to each [...]
You’ve probably heard about the Strivve automatic payment updating technology called CardSavr® and how it uses machine learning to enable automated robotic processes that can be performed for any card on any site. With CardSavr API, the entire process of updating payment information online is carried out in seconds! The technology we’ve worked very hard to develop benefits everyone in the payment ecosystem. Card issuers increase transaction volume and [...]
Walmart recently announced they are going through a card conversion from Synchrony to Capital One. This major switch leaves a lot of logistics up in the air for all parties involved. Merchant and the New Financial Institution (FI) It's not unheard of for merchants to go through a card conversion. In recent years we've seen Costco move to Visa, Cabellas switch to Capital One, Nordstrom to TD Bank, etc... When [...]
