Security News > 2021 > May > Riskified Deco enables merchants to address payment authorization failures

Riskified announced the launch of the latest version of Deco, a real-time solution for recovering orders lost to card-not-present payment authorization failures.

"Payment authorization failures are a significant, often hidden, source of revenue loss for eCommerce merchants," said Eido Gal, CEO of Riskified.

"Deco enables merchants to address payment authorization failures in an automated fashion. We believe that Deco represents a key step forward for merchants looking to address the challenge of payment authorization failures."

Merchants have traditionally been unable to affect payment authorization failures as the process happens outside of their systems.

Deco is a fast payment option that was created to address authorization failures in a novel manner.

Deco is currently available from Riskified for US merchants and non-US merchants that have a significant amount of US-based sales.

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