Paid Memberships Pro Failed Payment Limit Addon GPL Overview:

Failed Payment Limit Cancel member’s subscriptions after X failed payments. Where “x” is a value you define for your own site needs.

How it Works

If a user has X failed payments without a successful order in between, their subscription is cancelled.

Note: Many Payment Gateways have their own way to cancel a recurring subscription after a certain amount of failed payments. Be sure to check with your payment gateway to confirm that your failed payment limit does not conflict with the settings to handle failed payments on subscriptions in your gateway account.