Overview
What is Butter Payments?
Butter fights involuntary churn for direct-to-consumer and SaaS subscription brands by recovering failed payments and subscribers, with the goal of delivering 5%+ ARR growth. Butter builds and deploys custom machine learning algorithms that analyze each individual failed payment, enabling their…
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What is Butter Payments?
Butter fights involuntary churn for direct-to-consumer and SaaS subscription brands by recovering failed payments and subscribers, with the goal of delivering 5%+ ARR growth.
Butter builds and deploys custom machine learning algorithms that analyze each individual failed payment, enabling their technology to determine the optimal approach and timing for retrying the transaction.
By intelligently tackling failed payments and improving payment health leads to:
- Reduced Churn Rates - Reducing customers lost to failed payments decreases churn – and the impacts compound over time.
- Increased LTV:CAC Ratio - With fewer customers churning due to failed payments, overall LTV improves.
- Increased Top-line ARR - More revenue recovered from failed payments leads to more revenue.
Butter states their clients include Fabletics, The Athletic, Dialpad, Dr. Squatch, Athena Club, Savage X Fenty, Found, Wyze Labs, airSlate, Tonal, JustFab, Hairstory, Eucalyptus, UrbanSitter, Simple, Bloom, Perlego, MuseScore, KitUp, and Speechify.
Butter Payments Features
- Supported: An ML-based approach that tailors payment recovery, optimizing retry timing and cadence for each transaction, to capture income.
- Supported: Integrates with existing systems in just a few hours to take control of payment recovery the moment a failure occurs.
- Supported: 24/7 support from dedicated data scientists, payment specialists, and customer success managers.
- Supported: Automatically retries transactions, preserving subscribers' experience and brand perception without the need for notifications.
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Butter Payments Integrations
Butter Payments Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
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Operating Systems | Unspecified |
Mobile Application | No |
Supported Countries | Global |
Supported Languages | English |