Many payment processors experience downtimes, which is when their systems are not
working. In practice, downtimes mean that your transactions cannot be processed and
your customer’s credit card is rejected through no fault of their own. Not only do
you lose revenue, but your potential purchaser has invested time and effort to reach
the payment stage, only to be declined summarily. The result is a dissatisfied
prospect who most probably will not visit your website again.
Downtimes can be prevented by dynamically switching payment processors. An advanced
payment platform has the ability to reroute transactions in real time when a given
processor is down.
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