Most merchants aren’t aware that 1 in every 10 eCommerce dollars is declined during payment authorization. Yet up to 70% of these orders are placed by legitimate customers who can afford to make the purchase.
This guide will help you understand this mostly invisible problem, and to recover lost revenue.
Inside this guide:
- What are payment declines (and why should merchants care)?
- The verticals most affected by payment declines
- How can merchants recoup revenue lost to payment declines?