I am developing an app which uses CIM to store and process credit cards. Since credit cards expire, a card generally becomes invalid after 1-2 years. The first thing that came to mind is to basically run reports on credit cards which may expire and then contact each individual person and have them update the expiration date. (whether I store credit card expiration date or just a reminder date we can leave for another discussion).
I did some more thinking, and realized that I have signed up for several services in the past which billed monhtly. None of these services have ever asked me to update my expiration date. So, somehow, these companies are getting away with not dealing with expiration date. How are they doing this. Are companies automatically adding a year to the expiration date when it expires so they dont have to bother you? Are they able to charge the credit card without an expiration date?
The app I am building will have thousands up thousands of automated monthly transactions.. dealing with expiring credit cards will become a nightmare!
Thoughts?
