Insights Magazine from CMSPI | Nov 2021 Edition

FEATURE ARTICLE

Insights Magazine from CMSPI

Page 12 | November 2021

What Can Merchants Do?

Top-line

To tackle the challenges of transaction productivity, a merchant needs transaction-level analysis, cross-party benchmarking and collaboration with multiple payments partners.

Merchants should be consistently digging into their approval, fraud, and chargeback ratios to understand where problems are coming from and how to make improvements to minimize costs and maximize approvals.

On the opposite page, we’ve outlined the process CMSPI uses to tackle the hurdles involved with improving a transaction’s productivity during the authorization phase.

Laura Townsend, Merchant Advisory Group

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