While many providers focus solely on detecting fraud, it constitutes only a small portion of checkout issues. DeclineHQ manages 100% of decline codes, including ‘Insufficient Funds’ and ‘Do Not Honor’. Moreover, we offer solutions for both Customer-Initiated and Merchant-Initiated Transactions.
We excel at managing failed checkouts with a seamless approach. There’s no need for re-entering payment details, no registration required, and no negative impact on the customer experience.
Most of the time, customers don’t need to take any additional action!
We don’t offer a “risk score” or mere recommendations. Instead, we directly settle approved purchases with merchants through our service and handle customer repayments separately. If we don’t receive payment from the customer, we absorb the full loss.
The AcceptIQ platform utilizes a combination of AI models, robust business rules engines, and fraud detection systems to deliver precise decision outcomes. It integrates seamlessly at both the merchant and PSP levels with real-time communication, managing transactions through the payment orchestration layer to optimize re-authorization timing and methods.
On average, payment declines can result in a 5-30% loss in sales. In digital commerce, over 80% of declined payments can lead to losing the customer entirely, significantly impacting lifetime revenue. Leveraging the DeclineHQ AcceptIQ Platform, merchants can recover lost sales and enhance their revenue by up to 15%.
Converting payment declines into increased revenue.
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