Account Takeover Fraud , Card Not Present Fraud , Fraud Management & Cybercrime

Overcoming Payment Declines: Recoup Revenue and Boost Conversions

Learn 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

About the Author

Information Security Media Group

Information Security Media Group (ISMG) is the world's largest media company devoted to information security and risk management. Each of its 37 media sites provides relevant education, research and news that is specifically tailored to key vertical sectors including banking, healthcare and the public sector; geographies from North America to Southeast Asia; and topics such as data breach prevention, cyber risk assessment and fraud. Its yearly global summit series connects senior security professionals with industry thought leaders to find actionable solutions for pressing cybersecurity challenges.

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