While crowded malls and long lines may not be in the cards this year, the holiday season is still a critical time for retailers. Merchants can take a proactive approach to sales by embracing digital payment options, flexible payments, and more.
Research and Insights
In typical times, merchants play an important role in making the back-to-school experience simpler and less stressful for parents. Now, they have an even bigger opportunity to help shoppers navigate this tricky time of year. With such an unusual back-to-school season on the horizon, here’s what merchants need to keep in mind.
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Payment card authorization rates have a direct correlation to the health and success of a merchants’ business. The higher the card authorization rate, the greater likelihood for repeat customer transactions, and the higher the business revenue.
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