This is a proactive strategy we use to optimize payment processes, resulting in increased payment acceptance rates and increased revenue. This approach involves proactively managing transaction flows and leveraging advanced technology to ensure a smooth and efficient payment process.
The main advantage of this method lies in its ability to directly combat false positives. False positives occur when valid transactions are mistakenly flagged as fraudulent and subsequently rejected by the payment processor. This may be due to factors such as irregular purchasing patterns or unusual geographic locations. These false positives not only lead to abandoned orders, but also cause dissatisfaction among customers looking for alternatives.