‘Your payouts have been placed on hold’
We see this everyday on here for Shopify merchants who sometimes have a CB rate of less than 1%
No manual review and it’s completely algorithmically determined therefore unpredictable
Your business & livelihood at the mercy of a dice roll…
First time transactions failing is harming your business but it’s not entirely your fault, they can happen for a number of reasons:
- Insufficient funds on your customers card
- Bank declines
- Gateway declining cause AVS failed
Having failed transactions automatically queued to be retried again lets you sleep better at night
Visa & Mastercard are going to keep increasing pressure on processors which in turn will pass it onto merchants
Be proactive and bulletproof your backend before it’s too late
They say once you start owning your subscribers you never go back
Why would you?
Your competitors are able to outspend you every month because they know $MRR is guaranteed before even spending on ads
Tagging Shopify or Harley when you get shut down makes you look weak…
Why is a brand doing volume relying on a SINGLE point of failure for the most important part of their business?
Shopify payments Or Stripe got you down?
Get on private processors and plug them into ModuloX
Never be at the mercy of a single processor again.
https://t.co/6e25TVEZvM
Not on Shopify but still want to run MRR with a custom checkout and MIDS as your backend?
Create a custom button and paste the tag on ANY website.
via @modulox_io