As companies get better at identifying fraud in e-commerce transactions, a danger is that they, their acquirers or the cardholder's issuing bank will decline more legitimate transactions they suspect are fraudulent. Check back here throughout the month for updated content detailing how to minimize declines and maximize sales revenue.
The recent survey on global fraud shows that merchants decline 2.6 percent of all e-commerce orders due to suspected fraud. For orders worth over $100, the rate of transactions declined over
To understand the full cost of declines, one must consider all the factors involved in a holistic risk management approach, including...
In December of 2018,
Merchants selling online are, for better or worse, at the mercy of banks. Over 60 percent of all online transactions are conducted with a card, and these are accompanied by processing