Approval rate optimisation
Approval rate optimisation enhances the success rate of payment transactions across all processing stages. Cardflo employs smart routing, decline recovery, and 3DS optimisation to maximise transaction approvals. This comprehensive approach minimises lost revenue due to preventable declines and ensures a higher percentage of customer payments are successfully captured, directly impacting the merchant's bottom line.
What you get.
- Dynamic routing of transactions across multiple acquirers and MIDs.
- Intelligent decline recovery for soft and hard payment failures.
- Optimised 3DS authentication flows to reduce friction and fraud.
- Real-time transaction monitoring and performance analytics.
- Configurable rules for transaction re-attempts and resubmissions.
- Reduction of false positives and unnecessary declines.
Common questions.
How does smart routing contribute to approval rate optimisation?
Smart routing directs each transaction to the acquirer or MID most likely to approve it, based on historical performance, transaction type, and issuer. This dynamic selection significantly increases overall approval rates by avoiding known failure points.
What role does 3DS optimisation play in approvals?
3DS optimisation balances security with user experience. Cardflo ensures that 3DS challenges are applied strategically, reducing unnecessary friction that leads to cart abandonment while still meeting regulatory requirements and preventing fraud, thereby improving approvals.
Can Cardflo help with declines from specific regions or issuers?
Yes, Cardflo's system analyses decline patterns by region, issuer, and card type. This data informs smart routing decisions and retry strategies, allowing the platform to adapt and optimise for specific geographical or institutional challenges to improve approval rates.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.