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After having an online payment declined, one-quarter of rejected shoppers either give up or decide to shop with another online merchant. One-third will blame the retailer for the unhappy incident.

Clumsy fraud detection systems can go overboard, blocking out transactions that have more to do with human error than ill intentions. Industry data suggests that between 30% to 70% of declined transactions should be authorized.

In this brief, learn how you can tell who a valid customer is — and who might not be with SFG's flexible order management system.

Vendor:

SFG

Posted:

Feb 8, 2021

Published:

Apr 27, 2020

Format:

PDF

Type:

Data Sheet