How To Increase Approval Rate by Merchant and Issuer Collaboration
Kipp Connect platform enables merchants and issuers to collaborate together and WIN more transactions. All it takes to save declined transactions is some carefully coordinated cooperation and communication that lets everyone win – merchants, issuers, and … customers.
Merchants as the party with a lot more direct, real-time contact with consumers “know” more than the issuer does. Merchants can contribute data and share the cost of risk so issuers will get comfortable with the potential risk they perceive.
- After attending the webinar, you could finally understand why merchants and issuers have to collaborate in order to increase their revenue and maintain their customer happy.
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