How can merchants deal with declined transactions?

For merchants and customers, it can be frustrating experience when their payment is declined. When a transaction ends on a note “declined by issuer” message, merchant loses his sale. Oftentimes, credit card declines are issued because cardholders exceed their credit limit. In certain cases, the credit card company puts a freeze on the credit card transaction because they suspect fraud.

What does this mean?

Card issuer rejection is a common problem for merchants of all types of business. If you have a merchant account for furniture business, this problem will be handled by your merchant services provider.

Credit card issuer rejection means that the issuer of the credit or debit card has stopped the transaction, so the purchase will not go through. Typically, card issuer rejection happens right at the checkout, whether the purchase is made in person, online or remotely through an ecommerce site.

A higher rate of declined transactions by issuer would mean that you are not using the right merchant account provider. For a furniture business like yours, you must get a reliable merchant account for furniture business so that these chargebacks are handled easily without touching your business.

These rejections can affect your customers and partners and it can be a problem on many levels. Whether declined transactions are due to insufficient funds, technical glitches or any possibility of a stolen card, the message of decline is exasperating.

The right furniture industry merchant account shall help you.