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Optimize Sales Conversion
Most merchants leave a lot of money on the table. That’s because there are so many ways customers can fall through the cracks and become another failed payment statistic. Perhaps your 3-D Secure (3DS) strategy is causing customer drop-offs. Maybe your fraud tools are leading to too many false positives. Or, perhaps you don't offer the right mix of payment methods.
Then, there’s understanding and meeting customer expectations seamlessly. And what about meeting issuing bank expectations with the data you provide? Our experts help you to identify and prioritize where you're losing revenue and customers to recover millions.
Optimize Fraud Prevention
On the one hand, fraud threats are becoming more sophisticated, putting merchants on the back-foot either stretching resources or impacting accuracy. On the other hand, more and more individuals are gaming the chargeback system to avoid paying for items or abusing refunds and other policies. It's an absolute requirement in 2024 to have robust fraud tools in place to avoid becoming an easy target for both professional and recreational fraudsters. Bankhawk helps merchants implement the latest solutions and practices designed to stop fraud in its tracks.
Optimize FX Margins
While modern commerce and logistics tools have opened up international markets to merchants looking to grow their volumes, it's also brought a bunch of new problems. Hidden FX and conversion fees, multi-currency pricing, and hidden bank fees related to multi-currency management can add up to significant losses without merchants even realizing, putting a hole in their profitability. Bankhawk's clients avoid all the pitfalls of cross-border selling, making sure their margins are maximized on every sale.
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