top of page
Online Shopping

Recover Payment Related Cart Abandonment

Using OptimaPayment's Analytics & Workflow Engine

As a merchant, a declined card means losing out on a sale that was already in the bag. It’s a real bummer. What are some of the potential reasons, and what can you do to recover the sale in question?

Who decides if a card transaction is approved or rejected?

The credit card issuer (bank) approves or declines the card transaction. When a charge fails, the issuer sends an error code to the merchant. These credit card decline codes can be helpful in understanding why a payment hasn’t gone through. There are hundreds of these decline error codes - Here is a list of top 5

Code 51

Insufficent Funds

Code 65

Credit Limit Exceed

Code 63

Wrong CVC

Code 41 & 43

Lost & Stolen

Card Pickup

Code 05

Don't honor

OptimaPayment's integration and analytics tool can help identify root cause of decline and take appropriate action based on the decline error codes

bottom of page