PagBrasil, the premier online payment processing service in Brazil, just launched a feature providing Error Codes for Failed Payments: Minimizing declined payments is crucial for the profitability of online merchants. The payment service provider now offers a new feature that provides 17 possible reasons for a declined payment. Merchants are now obtaining the specific reason for rejected credit card payments from PagBrasil’s dynamic reports or directly via API and are taking action to improve their conversions.
