Recover lost revenue with PayU Instant Retry

Configure rules that re-route a payment to another provider, in the event that a provider receiving a transaction request fails to process the payment.

Retry transactions for better approval rates and fewer declined payments

The Instant Retry tool, a unique capability available through PayU’s global payment orchestration platform, saves failed transactions by re-routing them through a set of pre-configured routing rules.

 

Merchants use the PayU Decision Engine for quick setup, and can modify retry criteria according to specific error codes, card-country, and other factors.

 

The result? Businesses can improve approval rates by recovering failed transactions which would otherwise be lost due to false payment declines.

Why Instant Retry?

See how PayU’s Instant Retry Feature can help you boost approval rates and combat false declines.

How it works

 

Instant Retry is a key component of PayU’s Smart Routing capabilities, part of our portfolio of payment optimization technology. Retries are set up to recover transactions that have been lost due to technical issues or financial declines. Rejections due to 3D Secure can be remediated via technical error configurations, while financial declines can be recovered through issuer-declined authorisation requests.

As two of the main features available through PayU’s Decision Engine, Instant Retry and Smart Routing have been built to provide merchants with the ability to build alternative routing methods in order to maximize payment approvals, prohibit undesirable transactions, and improve the efficiency of your global payments.

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