Will recovery attempts annoy customers and cause churn?
The dunning feature is designed to be empathetic and customer-centric. You control the cadence and channel of communications by customer segment, ensuring the recovery path is the least intrusive possible. A/B testing capabilities within Hoop allow you to continually optimize timing and messaging to maximize recovery rates without alienating your subscribers.
The goal is to fix failed payments fast while respecting brand tone and customer preferences. Grace windows and pause/resume rules further prevent heavy-handed cancellations, maintaining customer goodwill and reducing voluntary churn.
How does Hoop handle international cards and multiple currencies?
Hoop's Dunning & Revenue Recovery is built for global businesses. The platform supports multi-currency transactions and employs local retry heuristics, which are payment retry logic tailored to specific geographical regions and banking systems. This increases the success rate for international payments.
We also provide language templates for customer communications to support global customer bases. This localization ensures that payment recovery notices are clear and professional, regardless of where your customers are located.
What are the intelligent retry strategies and network features?
The feature uses advanced technology to maximize payment success. Hoop includes several strategies to overcome hard and soft declines. These technical measures operate automatically behind the scenes to increase the likelihood of a successful payment.
- Issuer-aware retry schedules dynamically adjust retries based on the card issuing bank's typical success patterns.
- Network tokenization protects card data and improves approval rates by using encrypted tokens.
- The Card Updater service automatically fetches new card information when cards expire or are reissued, reducing failure rates long before they occur.
- ACH retry policies align with NACHA rules for US bank transfers.
- Wallet support is included for Apple Pay and Google Pay where available.
How does Dunning & Revenue Recovery integrate with our finance systems?
Integration is seamless to ensure accurate revenue recognition and accounting. Hoop provides essential data flow to keep your billing and General Ledger (GL) systems current with dunning status. This prevents manual reconciliation errors and provides a single source of truth for subscription metrics.
Exports and webhooks feed the dunning status directly to your existing finance platforms. This keeps revenue recognition clean. The system also supports comprehensive logging for audits and customer disputes, providing the necessary documentation for financial governance and compliance.
Which Hoop pricing plans include Dunning and Revenue Recovery?
This powerful revenue protection feature is available across multiple pricing tiers to suit different business needs. You gain access to Dunning & Revenue Recovery through the core, pro, and enterprise plans offered by Hoop. Each tier offers robust functionality to protect subscription revenue.
The level of customization, reporting granularity, and premium features—such as dedicated support or advanced A/B testing capabilities on recovery flows—may scale with the pro and enterprise plans. Contact the Hoop sales team to discuss which plan best fits your required scale and recovery volume.
What controls and governance features are available for compliance?
Hoop provides necessary controls to manage financial risk and ensure compliance. These features help finance and legal teams maintain strict oversight on the recovery process and customer accounts.
Governance tools include:
- Risk-based thresholds for service suspension, allowing you to define when a non-paying customer loses access.
- Write-off policies that require approvals, ensuring bad debt is handled with proper oversight.
- Comprehensive logging for audits and to easily resolve customer disputes regarding recovery attempts.
These features give your team the confidence that revenue recovery is executed responsibly and transparently.