THE RETAIL BULLETIN - The home of retail news
HOME
VIRTUAL EVENTS
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT
CONTACT
SUBSCRIBE FOR FREE
False Declines: The Silent Revenue Killer

While online businesses are effective at gauging the effects of CNP fraud on their bottom line, it’s much harder to measure the financial impact of turning… View Article

RETAIL SOLUTIONS

False Declines: The Silent Revenue Killer

While online businesses are effective at gauging the effects of CNP fraud on their bottom line, it’s much harder to measure the financial impact of turning away good customers over fear of fraud. But revenue losses due to false positive declines are nearly 4 times greater than those lost to chargebacks!

Riskified have created a guide to help merchants recognize transactions that are likely to be falsely declined, and then approve them. This guide will allow fraud teams to improve review accuracy, leading to higher approval rates, boosted revenue, and a better customer experience.

In this guide:

  • Learn about the impact of rejecting good customers due to suspected fraud
  • Understand when to accept transactions despite “risky” indicators
  • Find out how to tag online orders to ensure better performance

Download the guide here.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News