Free Whitepaper

Transaction Declined
Are Credit Cards the Ideal Online Payment?
By Rohit Joshi, EVP Operations

By default, online retailers turn to credit cards as their main online payment solution. But with daily challenges like consumer security fears, remote “Card Not Present” transactions, innumerable regional payment preferences and only 59% adoption rates, there are a lot of missed opportunities for e-commerce businesses who only take credit cards.

So what’s the best way to overcome these challenges? By offering credit card alternatives. This whitepaper outlines the issues of offering credit card payments online and sheds light on the many alternatives that can help any e-commerce site boost their business.

“Transaction Declined” discusses:

  • Lost opportunities due to consumer fear
  • “Card Not Present” (CNP) transactions
  • Regional payment preferences
  • Global payment solutions like: e-wallets, internet banking, instant bank deposits, electronic funds transfers, email money transfers, bank wires and offline payments
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Topics include: credit card payments online, accepting credit cards online, credit Card Declines, card Not Present transactions, Credit card authorization, credit cards and E-wallets, ewallets, online Payment Processing, deposit Options online, credit Card alternatives, global Payment Solutions, e-wallet provider, preferred payment methods, problems with Credit Cards, instant payment online, security of credit cards, regional Payment preferences, payment Service Provider, PSP, e-commerce

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