Overview
Open Decline Recovery: Revolutionizing Checkout Success
Summary
Open Decline Recovery is an award-winning decline recovery platform designed to help leading eCommerce brands boost conversion rates by recovering up to 5% more customers at checkout. By transforming payment declines into additional revenue, we empower businesses to maximize their potential without compromising customer experience.
Platform Capabilities
Our platform combines decades of expertise in real-time analytics with cutting-edge technology to deliver the most advanced decline recovery solution in the market. Using comprehensive payments data and customer insights, we seamlessly convert declined transactions into completed orders—at no cost to the consumer and zero risk for the merchant.
Key Differentiators
Comprehensive Decline Coverage
Unlike traditional fraud-focused solutions, Open Decline Recovery addresses 100% of payment declines, including issues like "Insufficient Funds" and "Do Not Honor," as well as both customer-initiated and merchant-initiated transactions.
Frictionless and Real-Time Experience
Our platform ensures a seamless customer journey by resolving failed checkouts without requiring manual intervention or additional customer actions. There’s no need to re-enter payment details, create accounts, or endure a poor user experience.
Liability-Free for Merchants
We go beyond providing risk scores or recommendations—we assume full liability for approved transactions. Payments are settled directly with merchants, and we independently manage customer repayments, absorbing any loss if a customer fails to pay.
Scalable, Cloud-Native Technology
Our platform leverages a sophisticated blend of AI models, advanced business rule engines, and fraud prevention mechanisms. This cloud-native infrastructure enables scalability and seamless integration, whether directly with merchants or through existing gateways, eCommerce platforms, and checkout partners.
By transforming failed checkouts into successful sales, Open Decline Recovery is redefining what’s possible for eCommerce brands. Let us help your business turn every decline into an opportunity for growth.
Updated 10 days ago