There are credit card updater services provided by Braintree and other third-parties that will update CC data without re-tokenizing the card. Braintree's account updater service triggers after two transaction failures in one month. The account updater service will fix cards that need a new expiration date or update the card security code without the need to re-tokenize the card. When a card is updated an event is triggered that tells us what they updated and for who. In order to fully close the loop and update the payment method metadata the following api is required.
API should allow for payment method metadata to be updated ( masked number, expiration date, mask, last 4) for subscription
API should allow for a renewal attempt to be triggered (If payment method is updated automatically or via customer). If the card is updated on day 30 the current dunning rule set would require us to wait till day 42 to capture funds.
Richard Lane
