Alex Hemmat Executive Board Member of Charge 1 introduces the Launch of Automatic Card Updater.

Charge1, a provider of payment gateway technology and credit card processing solutions, today announced the launch of its new Automatic Card Updater (ACU) - an intelligent revenue optimization tool designed to reduce failed transactions, improve subscription billing performance, and help merchants protect recurring revenue.

As subscription commerce, SaaS platforms, and automated recurring billing models continue to power the global digital economy, outdated card credentials remain one of the largest hidden causes of lost revenue. Charge1's Automatic Card Updater addresses this challenge at the network level by securely connecting with Visa, Mastercard, and other major card brands to detect account changes such as new expiration dates or reissued card numbers. The system then automatically refreshes stored, tokenized payment credentials - eliminating the need for merchants to contact customers for updated card information.

"Payments should be invisible, intelligent, and always working," said Alex Hemmat, Executive Board Member of Charge 1. "Businesses shouldn't lose revenue because a card expired or was replaced. Automatic Card Updater turns outdated payment data from a liability into a growth advantage. This is what modern financial technology should deliver - automation, security, and infrastructure that allows businesses to scale without revenue interruptions."

Key Benefits of Charge1 Automatic Card Updater

- Automatically updates expired or reissued card credentials
- Reduces recurring billing and subscription payment declines
- Securely refreshes tokenized payment data through direct card network channels
- Improves customer retention and long-term revenue continuity
- Minimizes checkout friction and customer interruptions
- Provides real-time notifications and webhook reporting for transparency

Merchants can activate Automatic Card Updater directly within the Charge1 payment gateway dashboard. Businesses may apply updates across all stored payment profiles or selectively manage participation. Depending on card network availability, updates occur in real time or in scheduled batches to ensure the most current credentials are ready before the next billing cycle.

The launch of ACU reinforces Charge1's commitment to delivering innovative fintech solutions, credit card processing technology, recurring billing optimization, and revenue protection tools that help modern businesses grow in an increasingly digital commerce environment.

About Alex Hemmat

Alex Hemmat as an Executive Board Member and Fintech Growth Advisor at Charge1, Hemmat works closely with leadership to drive product innovation, revenue optimization strategies, and next-generation payment technology initiatives that help merchants scale securely and efficiently.

About Charge1

Charge1 is a payment gateway and merchant services provider delivering secure, scalable, and customizable credit card processing solutions for businesses of all sizes. Charge1 partners with processors, software platforms, and Independent Sales Organizations (ISOs) to provide flexible payment technology across ecommerce, retail, SaaS, and subscription-based industries.

5760 Legacy Drive,
Plano, TX,
75024

Technology, Fintech

This release was published on openPR.