Approval Rates: Working With Your Supply Chain to Improve the Customer ExperienceEvent Date: 07.08.2020
1 in 5 declined transactions are made by genuine customers with sufficient means to pay. Research also shows that 52% of consumers will go to a direct competitor if their payment is unsuccessful. Addressing these issues is critical for merchants, even more so when considering the increase in ecommerce volumes due to COVID-19. However, with a vast array of tools, solutions and vendors available to merchants, all claiming to offer the best approval rates, how do merchants go about selecting the right one and avoid paying for something they don’t need?
In this webinar hosted by the Merchant Advisory Group (MAG), our approvals experts will explore the true causes of false declines, explain the different tools available to merchants, and provide practical tips which you can take away to help increase your approval rates.
Click here to register for the webinar on the Merchant Advisory Group website.