Improve Transaction Success Rate
Paysafe Checkout lets you improve the transaction success rate by providing you with the ability to salvage a failed payment using an alternative payment method. Paysafe Checkout’s in-built capabilities identify the card transactions that are likely to be declined and then suggests an alternative payment method to your customers. This potentially increases the success rate of transactions.
Transaction Salvage functionality applies only to iGaming merchants.
Using the Business Portal, you can configure the preferred alternative payment method for your customers. You can do by following these steps:
Log in to the Business Portal
Navigate to Configurations in the left pane
Click Salvage Configurations
In Configure Transaction Salvage Flows screen, select an appropriate payment method
For more information on Transaction Salvage, refer to Salvage Options.
Transaction Salvage is only possible on the following MCC: 7800 and 7801.