ClearSale Unveils False Declines Industry Report
Summary
The report is based on a study of 100 US-based e-commerce executives whose companies earn annual revenues between $100 million and just under $1 billion. This report has been developed by the ClearSale team into an easy-to-view webpage and downloadable document that retailers can use to understand the marketplace and find the best methods for combatting fraud and false declines in their particular industry. “Merchant education tops our list of priorities, especially in a time when the e-commerce industry is seeing spikes and drops like never before,” said Rafael Lourenco, EVP of ClearSale. It has never been more important for a retailer to protect themselves, reduce fraud losses, retain good customers and stay afloat in this torrential time.” To view the report, click here. Its solution protects a merchant’s business by sorting orders and giving an accurate determination of fraud risk, then manually reviews every suspect transaction, providing the highest approval rates industrywide and virtually eliminating false positives.
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