Payments

Improving Your Auth Rates

Josh Karoly - SurveyMonkey

Presentation

An authorization is a hold placed a payment account to reserve funds for a merchant until the funds have settled -- after an authorization is approved by an issuer, payment is all but certain provided the charge, or settlement, occurs in a timely manner. Merchants can ensure their approval process is running efficiently by employing strategies such as regularly reviewing authorization data, building reporting, and strengthening relationships with processing partners.

Improving Your Auth Rates

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