Category: CREDIT CARD DECLINES
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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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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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