Tag: error codes
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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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Lessons On Cross-Border Order Fulfillment & Digital Trade Rules. Is Your Business Ready?
CHARGEBACKS, CREDIT CARD DECLINES, HIGH RISK MERCHANT ACCOUNT, OFFSHORE MERCHANT ACCOUNT, ORDER FULFILLMENTOrder fulfillment is major part of domestic and cross-border e-commerce for all high-risk merchants. When customers complain of not receiving purchased items on time, this can result in refunds and worse, chargebacks. (High chargeback rates are the number one cause of merchant account termination.) The secret to avoiding these problems lies in the reliability, efficiency,…
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