Moving your recurring payments from any card to Moss can be time-consuming and error-prone. Moss eliminates this hassle by offering a fast, streamlined process to transfer your subscriptions to Moss' credit cards in just seconds.
How it works
Our system uses a sophisticated algorithm to analyse your existing credit card transactions, detect recurring payments, and help you transition them to Moss. Here's a step-by-step overview:
Upload your credit card statements: Submit your recent credit card statements to Moss. Go to "Cards" > and click on "Migrate subscription payments".
We accept formats like PDFs and CSVs, and it’s ideal to include multiple months of statements for better accuracy as some subscriptions are charged on a yearly or quarterly basis and not on a monthly basis.
Detect subscriptions automatically: The algorithm scans your transaction data to identify recurring payments, categorizing them for clarity and ease of use.
Generate Moss subscription cards: Review the detected subscriptions in a neatly organized list. You can make edits or adjustments as needed. With a single click, Moss will create dedicated virtual cards for each subscription.
Update payment details at merchants: Log in to each merchant's website and update your payment method with the new Moss card details to ensure all future transactions are processed on your Moss account.
FAQs
01. What happens to the uploaded statements?
Your statements will be securely processed and used exclusively to identify relevant vendors for your subscription cards. Please note that we rely on third-party services to perform optical character recognition (OCR).
02. What happens if a subscription is not detected?
If our system misses a subscription, you can manually add it to the list to ensure it’s included in the migration process.