But many customers still witness challenges during and after checkout, including false declines and fraud.
Below are four common checkout mistakes that enterprise e-commerce businesses make and how to avoid them.
If those thresholds are too conservative, they can lead to false declines; if they're too liberal, they become more vulnerable to fraud.
E-commerce merchants lost an estimated $11.1 billion in false declines last year.
The machine learning models can distinguish between legitimate and fraudulent transactions to reduce false declines.
Persons:
they're, Cindy Turner, Turner, Chargebacks, PayPal Braintree6, Experian, Cartes
Organizations:
Enterprise, PayPal, PayPal Braintree, Merchants, Insider Studios, Accounting, Deloitte, Novarica, Naked, LexisNexis, DE
Locations:
PayPal Braintree, Risk, chargebacks, . CA