Tag: decline
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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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Credit Card Decline: Invalid Card Number, No Such Card Error
Trying to find the solution to “what does it mean when card error missing to account?” We’ve got you covered. Credit card declines with “Invalid Card Number” or “No Such Card Number” errors create frustrating experiences for both merchants and customers. Let’s break down what these errors mean and how to handle them effectively. TURN…
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Credit Card Decline Code 05: Do Not Honor (solution)
Is your store riddled with “Do Not Honor” messages? You’re not alone. These codes harm your business and can ultimately lead to account termination. A cleaner processing statement not only looks better but also improves your odds of getting better rates. These decline codes are also not card network-specific. They apply to Visa, Mastercard, Discover,…
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Credit Card Decline Code 03: Invalid Merchant (solution)
Payment gateways are powerful, but not always informative—at least not directly. Whenever a transaction fails or even succeeds, the gateway displays a response code. When the transaction is successful, we don’t really care about the gateway response. But when it fails, that error code is quite insightful. If you’re suffering from too many credit card…
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Issuer Declined MCC Errors and How to Avoid Them
When it comes to accepting credit card payments, there are many factors that can contribute to a declined transaction. One of the most common reasons for transaction declines is an “Issuer Declined MCC” message. The Merchant Category Code (MCC) is a four-digit code that classifies businesses into different categories based on the products or services…
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