Category: CREDIT CARD DECLINES
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Increase Conversions, Decrease Declines with Alternative Payment Modes like FedNow
CHARGEBACKS, CREDIT CARD DECLINES, CREDIT CARD FRAUD, CREDIT CARD PROCESSING, Fintech, FRAUD, PAYMENT PROCESSING, SECURITYAre you looking for an easy way to increase your conversions and decrease declines? Incorporating alternative payment modes, such as FedNow, into your existing payments system can be a powerful tool in helping achieve these goals. With the rise of debit cards and the prevalence of mobile wallets, incorporating new ways to quickly process payments…
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The Rising Problem of Credit Card Declines: #1 Cause and Solutions for Merchants
CHECKOUT, CREDIT CARD DECLINES, CREDIT CARD PAYMENTS, CREDIT CARD PROCESSING, Credit Card Processing Fees, PAYMENT PROCESSING, RISKSince the dawn of technology, credit cards have been a revolutionary payment method—providing unprecedented convenience and trust in online commerce. Nowadays, this simple yet powerful tool has become ubiquitous as an ever-popular means of transaction for shoppers worldwide. However, merchants are finding that their transactions are increasingly subject to declines from customers’ issuing banks due…
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Why Some Merchants Don’t Accept Certain Credit Cards
Credit cards are an essential part of doing business for a lot of companies, but accepting them doesn’t always come cheap. Some businesses avoid accepting certain card types altogether. When running an e-commerce business, though, accepting other payment types can get tricky. Credit cards run the world. So what should you do, as a business…
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FAQ: Why You Have So Many International Declined Transactions
A common question we get from (understandably frustrated) sellers in Canada and Australia involves declined transactions. “My approval ratio is high, so why do I get so many declined transactions when selling to Americans?” Do you have this issue, too? There’s no doubt about the frustration and rage you might be feeling when customers get…
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FAQ Fridays: How Do I Reduce Credit Card Declines At My Checkout Page?
Q: I have too many credit card declines in my online business. Since 2019 I’ve been operating an online electronics store. I do pretty good numbers – about €150K a month and 1.12% chargebacks. But with the holiday shopping season coming, I need to fix this pesky problem fast! Last year my store had about…
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