Firms Using Third Parties to Fight Fraud See Profit Boost
PYMNTS Intelligence finds 90% of firms with a high level of collaboration with payment service providers (PSPs) cite a positive impact on their profitability.
Source: pymnts.com
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Failed Payments in Cross-Border Sales an Unresolved Problem
PYMNTS Intelligence finds over 70% of U.S. firms saw higher rates of failed payments in cross-border sales compared to domestic sales over the last 12 months.
Source: pymnts.com
Galeries Lafayette UAE Partners With Nuvei on Payment Flow
Galeries Lafayette UAE, a subsidiary of French Department Stores LLC, has partnered with FinTech company Nuvei to enhance its eCommerce payment flow.
Source: pymnts.com
Merchants Ignore Failed Payments as Potential Fraud Cause
ECommerce merchants can work with their PSPs to implement the right fraud screening technologies and strategies to prevent failed payments and friendly fraud.
Source: pymnts.com