Category: CREDIT CARD DECLINES
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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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Merchant Account Crisis: 3 Red Flags Your Processing Is About To Blow Up
CHARGEBACKS, CREDIT CARD DECLINES, CREDIT CARD PROCESSING, HIGH RISK MERCHANT ACCOUNT, MERCHANT ACCOUNTSBusiness is booming, but then all of a sudden you lose your merchant account! The red flags are there. As experts, we’re all too familiar of when high-risk payments are about to implode. From low transaction approval to excessive chargeback ratios, there are clear triggers. So, how do you recognize the signs and remedy the…
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Hair Restoration Merchant? Don’t Lose Your Hair Over Payment Processing Difficulties!
Hair restoration merchants have experienced awesome revenue growth over the past decade. In fact, last year the global size of the hair removal and restoration market had an $8.4 billion value. That figure is projected to rise to $12.1 billion by 2026. The popularity of products for balding consumers is why demand for credit card…
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