5 Ways to Increase The Approval Ratio of Your Business

January 7, 2025

A low approval ratio can hurt more than just your sales—it impacts customer satisfaction and loyalty. Declined transactions frustrate customers and create unnecessary barriers to completing purchases. But what if you could take control and improve your approval rates?

What you will learn?

  • How to optimise payment routing and retries to recover declined transactions
  • Practical steps to improve data accuracy and avoid common errors
  • Strategies for balancing fraud prevention with seamless customer experience
  • The power of real-time payment analytics to enhance approval rates
  • Why partnering with the right payment service provider can transform your business

Why Does Your Approval Ratio Matter?

A higher approval ratio means more successful transactions, happier customers, and increased revenue. In the UK alone, false declines cost merchants up to 75 times more in lost revenue than actual fraud. Can you afford to let declines hold you back?

Who Is This Guide For?

If you’re an eCommerce merchant, subscription-based business, or any organisation handling online payments, this guide is your roadmap to reducing declines and driving growth.

Take the first step toward higher approval rates and download the guide now!