Sign Up
Stories
Black Friday: Sales and Payment Challenges
Share
AI Platform Links Retailers with Seconda...
AI Revolutionizing B2B Customer Success
AI's Rising Influence in Payments
Asia's E-commerce Boom
Asia's E-commerce Boom Ahead
Asia's E-commerce Boom Forecast
Overview
API
Black Friday sales were strong despite failed online transactions, with over half of Americans participating. However, nearly 10% of online transactions failed, impacting sales and customer satisfaction. Cross-border sales had higher failed payment rates compared to domestic sales. Despite the challenges, collaboration between financial institutions, providers, consumers, and merchants, with AI support, can ensure safe payments.
Ask a question
How can AI technology be further utilized to enhance payment security and customer satisfaction?
How can online merchants improve their failed payment recovery strategies?
What are the potential economic implications of failed Black Friday payments?
Article Frequency
0.2
0.4
0.6
0.8
1.0
Aug 2023
Sep 2023
Oct 2023
Coverage