1 in every 10 eCommerce dollars is declined during payment authorization. Moreover, up to 70% of these orders are placed by legitimate customers who can afford to make the purchase. This guide will help merchants understand this mostly invisible problem and to recover lost revenue.
Discover more by downloading the whitepaper, Overcoming Payment Declines: Fighting the $340B Problem
• What are payment declines?
Learn why 1 out of every 10 eCommerce dollars are declined during authorization
• How to recoup lost revenue
Get tips to fulfill good orders that fail authorization to boost revenue
• Which retailers are most at risk?
Some verticals experience 2-3 times normal rates of payment declines