Black Boxes and Paradoxes: The real cost of disconnected payments

We delve into the true cost of false declines to merchants and the digital economy, what customers are willing to pay for better payments and how fast-growing brands approach payments.

Download this piece and find out about:

  • False declines cost merchants $20.3 billion last year, with $12.7 billion of that given away to competitors and $7.6 billion simply lost
  • 60% of merchants don't think that their payments data adds value to business strategy or innovation
  • Super high growth (41%+ year on year) companies are more likely to have an authorization rate of 96-100% than other businesses

Topics: Economic impact, Digital Economy, Payments

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