How to Reduce Payment Failures and Recover Lost Sales?
Payment failures are among the most frustrating experiences in eCommerce. You invest time, effort, and marketing budget to bring shoppers to your site, guide them through checkout, and then lose them at the very last step. Beyond lost revenue, payment failures damage brand trust and discourage repeat customers. Fortunately, with the right combination of technology, strategy, and communication, most of these failures can be avoided, and even reversed into successful sales.