One of the best ways to accelerate business growth is through adopting a strategic approach to payment processing. For e-commerce merchants, this is where payment optimization comes into play.
“Payment authorization rates range from the 60s to mid-90s, depending on the company and industry,” says Steve Vincent, Senior Vice President with Nuvei, a leading payments technology provider. “Even at the high end of that range, there’s a lot of money left on the table for merchants to optimize their payments.”