Overcoming Payment Declines: Recoup Revenue and Boost ConversionsLearn How Good Orders That Fail Authorization Can Be Redeemed to Grow Revenue
One in ten eCommerce dollars is declined during payment authorization. Yet up to 70 percent of these orders are placed by legitimate customers who can afford to make the purchase.
This presentation explains this invisible problem, and provide tips on recovering lost revenue, including:
- Why ten percent of eCommerce dollars are declined during authorization
- Why payment declines in some verticals are up to three times higher than the normal rate
- How good orders that fail authorization can be redeemed to grow revenue