how to recover lost revenue using ai
You are losing money even when you’re gaining. This is the reality.
But what if there was a solution? What if you could increase your revenue by recovering lost orders?
We are firm believers that AI can change the world, and more specifically, the payment ecosystem. So, when an industry-leading software developer approached us regarding the increasingly large volume of declined transactions lost by their previous payment processor, we jumped at the opportunity.
The challenge was great, as the payment provider in question was already using a heavily optimized system. Although it seemed impossible, we decided to test one of our theories.
AI used in payment optimization has the power to cut losses in half.
Have a look over the research study and check out our findings.