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The Hidden $20.3 Billion: The Cost of Disconnected Payments

Checkout.com talked to 1,500 business leaders and 5,000 consumers to uncover previously unknown insights. It delves into the true cost of false declines to merchants and the digital economy. False declines cost merchants $20.3 billion last year, with $12.7 billion of that given away to competitors and $7.6 billion simply lost. 60% of merchants don’t think that their payments data adds value to business strategy or innovation.Download this report to learn strategic deep insights from payment.”]

Source: https://www.bankinfosecurity.com/whitepapers/hidden-203-billion-cost-disconnected-payments-w-7281

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