According to industry data, implementing 2FA reduces the risk of compromised accounts by 99.9%, while IP whitelisting ensures an additional layer of control by limiting access to approved networks.
According to recent statistics, QR code payments have seen a 60% increase in global usage over the past two years, making it one of the most efficient methods for digital transactions. This technology offers a seamless and contactless experience, contributing to improved transaction success rates and reduced operational costs.
According to industry statistics, 15% of payment failures are caused by missing or incorrect customer details during the checkout process. Addressing this issue not only increases transaction success rates but also improves customer satisfaction and merchant revenue.
ReferenceID idempotency on the shop level provides a practical solution, preventing duplicate transactions for the same client within a shop.
Implementing whitelisting for cards and customer emails can significantly reduce fraud before transactions reach payment providers.
This system accelerates transaction processing by selecting providers based on the success rates of previous transactions linked to specific cards or users.