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.
PayAdmit ⭐ Do you want to know about Credit Card Acquirers? ✅ Read our article to learn what it is and how it can help your revenue
Implementing whitelisting for cards and customer emails can significantly reduce fraud before transactions reach payment providers.
PayAdmit ⭐ Want to know about the difference between Maestro and Mastercard? ✅ Read our article and find out what the difference is between them
