Episode 45 – False Declines and Ethoca’s Role

by George Peabody on December 20, 2016

in Card Fraud, Card Issuers, Ecommerce Payments, Merchants, Mobile Payments, Payments Fraud, Payments on Fire

Post image for Episode 45 – False Declines and Ethoca’s Role

In e-commerce and mobile commerce the problem of false declines is significant, especially during the holidays. Issuers decline transactions that online merchants approve. And vice versa. In other words, the necessary process of sorting out fraud from good transactions catches good transactions with the bad. This poor decision making means merchants lose the sale and the issuer its transaction fees.

In this Payments on Fire podcast, Glenbrook‘s George Peabody discusses the false decline issue with Ethoca’s CMO Keith Briscoe as well as the company’s program to encourage more merchants and issuers to take advantage of its shared data service.

Leave a Reply

Previous post:

Next post:

Clicky Web Analytics