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Butter PaymentsBP

Butter Payments

Butter Payments is a payments technology platform that uses machine learning to help subscription companies recover revenue lost to failed payments and reduce involuntary churn.

About Butter Payments

Through groundbreaking technology, Butter Payments is revolutionizing how subscription-based businesses handle failed payments and involuntary churn. The company leverages patent-pending machine learning models to analyze hundreds of variables for each failed transaction, deeply understanding the real-time state of any given payment. This allows Butter Payments to optimize for authorization rates, moving beyond generic, one-size-fits-all retry approaches. Instead of processing failed payments in batches, Butter takes a per-payment approach, treating each one individually to maximize the chances of success. Their system is designed to ensure that legitimate payments are not mistakenly flagged as fraudulent or lost within an archaic payment ecosystem. This focus on intelligent payment recovery helps businesses retain their hard-earned subscribers and recover millions of dollars in revenue that would otherwise be lost. Clients include prominent names like Fabletics, The Athletic, Dialpad, Dr. Squatch, and Masterclass, demonstrating the platform's effectiveness across various subscription models.

Butter Payments' innovative approach directly addresses a significant pain point for subscription companies, where failed payments can account for a substantial portion of revenue loss and customer churn. By building and deploying custom machine learning algorithms tailored to each client's specific business—considering factors like subscription value, customer base, and product type—Butter provides a bespoke solution to a complex problem. The platform integrates directly with existing payment processors and subscription management tools, including popular commercial tech stacks like Stripe and Recharge, as well as custom in-house systems. This seamless integration, often requiring no code for third-party tools, allows businesses to quickly implement Butter's advanced recovery strategies. The company's commitment to innovation is further underscored by its continuous efforts to enhance payment health, increase customer lifetime value, and reduce chargebacks, ultimately contributing to significant top-line ARR growth for its clients. Butter Payments is dedicated to ending involuntary churn, transforming revenue losses into growth opportunities for the world's leading subscription companies.

FAQs

When was Butter Payments founded?
Butter Payments was founded in 2020.
Who is the CEO of Butter Payments?
The CEOs are Sofya Pogreb, Vijay Menon.
What industries or markets does Butter Payments operate in?
Butter Payments operates in the following markets: Payments, Subscription Management, Machine Learning, Fintech, Revenue Recovery, SaaS, Churn Reduction, Fraud Prevention, Payment Optimization, and Ecommerce.
How many employees does Butter Payments have?
Butter Payments has 51-200 employees.
Where does Butter Payments have employees?
Butter Payments has employees in United States.
Is Butter Payments hiring?
Yes, Butter Payments has 4 open remote jobs.
Does Butter Payments support remote work or working from home?
Yes, Butter Payments is a remote-friendly company.
Does Butter Payments offer a four-day work week?
No, Butter Payments does not offer a four-day work week.
Is Butter Payments transparent about salaries?
Yes, Butter Payments practices salary transparency, often including salary or compensation ranges in their job posts. They provide salary data for 6 roles.
What is Butter Payments's tech stack?
Butter Payments has 18 technologies in their tech stack.
What is Butter Payments's website?
Butter Payments's website is butterpayments.com.
Where can I find Butter Payments on social media?
You can find Butter Payments on LinkedIn.
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Butter Payments

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