Michael Seibel

FlyCode - Stop losing revenue to failed payments on Stripe

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FlyCode's payment optimization and failed payment recovery technology is powered by ML and AI to stop payment failures before they happen, recover lost revenue, and reduce passive churn. Start increasing revenue today with zero integration!

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Tzachi Davidovich
Hello Everyone 👋 I’m Tzachi and with my cofounders, Jake @jake_vacovec and @etai - we’re thrilled to introduce FlyCode’s Stripe App for Failed Payments. Many teams we’ve spoken to view failed payments as an unsolvable black box—a cost of doing business. But when a payment fails, it doesn’t just cost you immediate revenue; it significantly impact the customer’s lifetime value (LTV). With our newest Stripe app, you can stop chasing your customers about their failed payments and recover more payments with zero development work. Why is this is huge for teams using Stripe? TL;DR before and after: âš¡Fully configurable recovery period with retries tailored to each customer and payment error âš¡ Don’t trigger emails on every retry - recover payments in the background âš¡Communications are coordinated with retries to ensure they’re sent at optimal times âš¡ Faster recovery that you can regain lost revenue  to fit your settings âš¡ Increase MRR and LTV on autopilot We’re early in our journey so really happy to show this to you all, thank you for reading about it! Please let us know your thoughts and questions in the comments.
Pradhumn Vijayvargiya
@jake_vacovec @etai @ynextz few of the founder friends are now irritated by service and loss of revenue by Stripe, will definitely share this. A heating usecase I think All the best for the launch 🚀
Joseph Abraham
@jake_vacovec @etai @ynextz Huge congratulations on the launch! Wishing you all the success in the world. What feedback have you received so far?
Tzachi Davidovich
@kjosephabraham thanks. Good feedback on the onboarding and clear ROI
Jake Vacovec
@etai @ynextz @prad_vv much appreciated! My calendar is open to anyone to share strategies to improve whether or not they move end up using us https://calendar.app.google/Huyu...
Samuel Darwin
Launching soon!
@jake_vacovec @etai @ynextz Wondering about integration - besides Stripe, do you have plans to support other payment processors in the future? It could be handy for businesses using multiple platforms.
Kyrylo Silin
Hey Tzachi, How well does the solution handle international transactions, particularly with varying payment gateways? Congrats on the launch!
Tzachi Davidovich
@kyrylosilin the models take into account the different payment gateways authorization rate and the local time of the customer. Happy to show you how it works. Feel free to DM me or email us hello at flycode thanks!
Andy Hwang
Intriguing solution for Stripe users. How effectively does FlyCode's AI predict payment failures? Zero integration is appealing, but I'm curious about the accuracy rate. Would love to see concrete data on revenue impact and churn reduction. Passive churn is a tricky problem - interested to know how FlyCode's approach compares to manual recovery efforts.
Tzachi Davidovich
@andyroamer thanks. Our product is ROI based and directly design to improve your recovery rate % MoM. Happy to saw you how it works. For case studies you can see more here: https://www.flycode.com/case-stu...
Aarav Krishna
Hi FlyCode team , this approach to payment recovery seems really efficient.
Tzachi Davidovich
@aarav_krishna thanks. Happy to show you how we are doing it !
Or Arnon
I love how easy it is to set up!
Tzachi Davidovich
@oratstigg thanks! Just one click install :)
Benson Gao
When using Stripe for payments, the transaction will only fail if the bank card triggers the risk control model. How do you manage this?
Tzachi Davidovich
@bensongao One of the biggest challenges is that payment providers, issuing banks, and card networks do not have unified error codes and write their own risk-rules. Each may have errors classified into different categories, which adds complexity and leads to many errors getting bucketed together, such as ‘Do not honor’. We built decisioning models, taking into account payment metadata and internal classifiers of error codes, as well as an email product that coordinate emails and retries per transaction. With FlyCode you can recover more payments with (1) the least number of retries (2) as quickly as possible and (3) with the fewest customer communications (4) compliant with the Card networks rules (5) coordinate the communications with the retries automatically for each customers payments. On top of that, solutions like Card Account Updater (CAU) and Network Tokens help to replace old details like expiration date automatically.
Greffin Dony
It's integration with Stripe seems seamless. Love how it works across the whole Stripe dashboard
Tzachi Davidovich
@greffin_dony thanks. Completely seamless with Stripe
Tony Han
I read through the website and one of the case studies, and I bewilders me that a really good payment recovery product can improve revenue by that much! It makes sense to me that the model can leverage customer’s historical payment data to make decision on when, how often the system will retry payment and communicate. I’m curious to learn more what separates FlyCode from other payment recovery apps out there? Is the background retry without communication the real game changer? Congrats on the launch @ynextz and team!
Jake Vacovec
@tonyhanded the game changer is how the models/agents work together. It's a very complex problem behind the scenes to solve when treating each customer and their payment issues uniquely, especially because they often change mid-recovery. Part of what separates us from others is that we started FlyCode when more sophisticated AI/ML capabilities were available, which allows us to be far more dynamic and customizable in our approach.
Haris Gul
Launching soon!
@ynextz FlyCode’s approach to preventing payment failures and reducing passive churn with AI sounds like a great way to recover lost revenue effortlessly. How does the platform adapt to different payment systems and ensure smooth recovery across various regions?
Jake Vacovec
@ynextz @haris_gul we localize to adapt to different geo's and languages! We support the vast majority of global payment systems and if a specific one isn't we can quickly add it for a customer.
Haris Gul
Launching soon!
@jake_vacovec that's a great way of handling it. Also If you have a moment, please hover over the 'Coming Soon' badge next to my name and click 'Notify Me' on InterWiz AI—I’d appreciate your support and look forward to your feedback when we launch!
Anton Zagrebelny
Congrats on the launch 🚀 Absolutely love the zero-integration Stripe app!
Jake Vacovec
@antonzag shoutout to Stigg, a great product for the modern enterprise billing stack
Umair Zubair
Tailoring retries to specific customer patterns is a great way to ensure payments go through smoothly.
Jone Denherder
The ability to recover lost revenue is a huge benefit i have lost a lot of sales due to failed payments
Jake Vacovec
@jone_denherder nothing is worse than closing deals only to end up chasing them months later for a new card.
Kushal Shrestha
🌟 Congratulations on the launch, @ynextz @jake_vacovec @etai ! 🎉 🚀 The ability to stop payment failures before they happen and recover lost revenue with zero integration is a game-changer for businesses using Stripe. How does FlyCode’s AI tailor retries and optimize the recovery period for different customers and payment errors? 💸 Reducing passive churn and increasing MRR on autopilot is impressive! Could you share more about how FlyCode coordinates retry attempts with customer communications to ensure the highest recovery success rates? 🔧 The no-development work feature is a big win for teams. How customizable is FlyCode for businesses with specific retry strategies or customer communication preferences? Looking forward to seeing how FlyCode transforms payment recovery and boosts revenue for businesses. Keep up the amazing work! 🎉
Amelia Smith
The fact that you’re using AI and ML to stop payment failures before they happen and recover lost revenue is truly impressive. It’s a game changer for businesses looking to reduce passive churn effortlessly. Best of luck with this innovative solution.
Bon
my product has a churn rate of 29%😭. I will try FlyCode to see how effective it actually is.
Jake Vacovec
@bonvisions we can definitely get you set up! It takes a 5-10 minutes of effort from you and we handle the rest.
Jake Vacovec
@bonvisions easy set up! Excited to go live with you tomorrow.
Alexander Green
FlyCode’s zero integration model is brilliant but an idea to make it even more impactful would be to add a predictive analytics feature that forecasts potential future payment failures. This way businesses could take proactive steps beyond just recovering failed payments.
Jake Vacovec
@alexandergreen we actually have this feature already : ) we help segment which customers have high vs. low risk of failure and the outcome. This helps companies analyze where higher vs. lower quality customers are acquired from, their characteristics and even the types of product/offers that are attracting them.
Poll Coll
Loving the AI-driven approach to payment recovery! It's awesome how it figures out the best times to send payment reminders and retries. Super useful for anyone looking to maximize their subscription revenue
Jake Vacovec
@poll_coll thanks! For existing customers we also enable our dynamic billing product to charge customers at optimal times/days to reduce payment failures before they happen!
Alex Dulub
Hi Tzachi, Jake, and Etai! FlyCode's Stripe app sounds like a game-changer for businesses dealing with failed payments. It's impressive how you've tackled such a common pain point. How does the ML/AI component adapt to different types of payment errors?
Jake Vacovec
@web3_antivirus the models/agents work together and it's because of this that it can dynamically adapt mid-recovery when for example an error code changes, billing details are updated, or even a backup payment method is substituted. There are also limits set by the networks so the adaptability is as much of a safeguard as it is a competitive advantage.
Toshit Garg
Congratulations on launch of FlyCode....
Rinat Gainutdinov
FlyCode’s AI-powered payment recovery looks like a smart solution for businesses using Stripe. The idea of stopping payment failures before they happen and recovering lost revenue is really practical. The zero-integration setup is a big plus, making it easy to start using right away. It would be interesting to see how the ML/AI predicts and prevents payment failures in real-time. Congrats on the launch! 🚀