Sticky.io Partners with FlexCharge to Reduce Ecommerce Payment Declines
Addressing the critical issue of payment decline in eCommerce, sticky.io partners with FlexCharge to combat cart abandonment and bolster merchant revenue.
With online merchants facing a loss of 62% of customers over failed transactions, this alliance is poised to significantly mitigate approximately $600 billion yearly losses due to payment declines. The collaboration showcases an innovative approach that seamlessly allows transaction completion without the usual disruption of a payment failure message.
“This collaboration with FlexCharge is a game-changer, rescuing hundreds of millions in revenue for our valued merchants,” said Brian Bogosian, sticky.io President and CEO. FlexCharge’s AI-powered solution addresses payment declines beyond fraud-related issues, enhancing approval rates and customer retention without additional checkout hurdles.
“Together with Brian and the exceptional team at sticky.io, we are committed to providing our clients the necessary tools to fuel business growth,” adds Ze’ev Shoval, CCO and Co-Founder of FlexCharge. This partnership marks a strategic move in eCommerce, promising a frictionless checkout experience pivotal for today's competitive market.