decline salvage - recover lost transactions & retain recurring customers

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RECOVER LOST TRANSACTIONS AND RETAIN RECURRING CUSTOMERS DECLINE SALVAGE

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Page 1: Decline Salvage - Recover Lost Transactions & Retain Recurring Customers

RECOVER LOST TRANSACTIONS AND RETAIN RECURRING CUSTOMERS

DECLINE SALVAGE

Page 2: Decline Salvage - Recover Lost Transactions & Retain Recurring Customers

CONFIDENTIAL | © 2013 Verifi, Inc. All rights reserved 2

MERCHANT BENEFITS

Increase customer retention and lifetime valueRecover declined transactions from dead files

Quick and simple implementation

Performance based pricing

Our close relationship with banking partners allows us understand why declines occur and the logic necessary to salvage customers, which enables us to maximize approval rates by eliminating unnecessary and erroneous declines.

RECOVER DECLINED TRANSACTIONS

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DECLINE SALVAGERECOVER LOST TRANSACTIONS AND RETAIN CUSTOMERS

Page 3: Decline Salvage - Recover Lost Transactions & Retain Recurring Customers

CONFIDENTIAL | © 2013 Verifi, Inc. All rights reserved 3

DIRECT INTEGRATIONMerchant integrates with Verifi’s Global Payment Gateway. The Decline Salvage service analyzes and processes the declined authorizations. Approvals are transmitted back to the merchant’s system for order fulfillment and processing.

SERVICE OPTIONS

STAND ALONEMerchant uploads the declined authorizations into the Verifi platform for analysis and processing. Approvals are transmitted back to the merchant’s system for order fulfillment and processing.

DECLINE SALVAGERECOVER LOST TRANSACTIONS AND RETAIN CUSTOMERS

Page 4: Decline Salvage - Recover Lost Transactions & Retain Recurring Customers

CONFIDENTIAL | © 2013 Verifi, Inc. All rights reserved 4

In 2012, Verifi was able to recover nearly $237,303 for one of its clients, by salvaging 7.6% of their total transactions on average order values of $22.

CLIENT CASE STUDY $237,303

DECLINES RECOVER

ED

AVERAGE ORDER VALUE

OF $22SALVAGED

7.6%OF ALL

TRANSACTIONS

DECLINE SALVAGERECOVER LOST TRANSACTIONS AND RETAIN CUSTOMERS