Category: Risk & Fraud
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“Pick Up Card SF” Credit Card Decline SOLUTION
One of the few things more frustrating than a declined transaction is not fully understanding why that decline happened. Credit card decline messages can be a source of confusion and frustration for both merchants and customers alike. They disrupt the smooth flow of transactions and can lead to uncomfortable situations at checkout. One such message…
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Transaction Approval Rate: Make More Money In 30 Days
Your business loses money every time a customer’s payment fails. High-risk merchants in particular watch potential sales slip away because card networks decline legitimate transactions. You can reverse this trend and increase your transaction approval rate within 30 days. If your business processes $20,000 monthly but operates at a 75% approval rate instead of 90%,…
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The Real Cost of Chargebacks: Beyond the Transaction Amount
Chargebacks cost merchants far more than the disputed transaction value. For every dollar lost to fraud, businesses incur up to $4.61 in total costs, with some reports showing merchants losing 3.4 times the original transaction amount when all expenses are calculated. Understanding these comprehensive costs helps merchants develop effective strategies to minimize their financial impact.…
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What Does “Transaction Not Permitted (Amount/POS/MCC)” Mean?
Getting hit with a “transaction not permitted (amount/pos/mcc)” error is frustrating because of how non-descript it is. This message appears when your card issuer blocks a purchase based on three key factors: the amount, the point of sale (POS), or the merchant category code (MCC). Let’s break it all down. LESS DECLINES, MORE CONVERSIONS Breaking…
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How to Avoid Friendly Fraud, a Growing Threat to Your Business
Friendly fraud is one of the most annoying yet seemingly avoidable types of fraud. Many merchants are left wondering what they’ve done wrong or why their customers are mistreating them. One day you’re in the black, and the next your chargeback ratio spikes beyond acceptable limits. Your payment processor flags your account. Your rolling reserves…
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