For online merchants, winning the high-stakes battle against fraud and cybersecurity breaches is critical to survival. PYMNTS Intelligence finds that 82% of U.S. eCommerce players...
Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants...
False declines, which cause friction in the payment process, have a detrimental effect on transaction success rates and discourage customers from returning. According to findings...
Many U.S. eCommerce merchants prioritize international markets, but see higher failed payment rates in cross-border transactions than in domestic ones. These payment failures significantly impact...
Imagine a consumer attempting to make a purchase, only to get rejected at checkout. This was not because of money problems or fraud, but due...
Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand...
Firms know that failed payments damage their reputation, lead to customer churn and increase staff workload. Failed payments ultimately translate into a loss of sales...
Many eCommerce merchants fail to connect the dots between fraud detection and failed payments. In fact, just one-third of merchants employ mechanisms that detect potential...
Subscription companies lose an average of 9% of sales to failed payments. However, the top-performing merchants recover 60% of failed payments, saving ones that would...