#Japan #Tokyo #YTGATE #Payment Approval #Travel E-Commerce

YTGATE Releases Comprehensive Travel E-Commerce Payment Risk Report

As the year-end travel season approaches, a notable concern arises within the travel e-commerce industry—declining payment approval rates and the heightened risk of fraudulent activities. To address these issues, YTGATE Corp., headquartered in Central Tokyo, has unveiled the "Travel E-Commerce Payment Risk Report," drawing on extensive analytical data collected from payment approval improvement and fraud prevention initiatives.

This report meticulously outlines the factors contributing to the frequent decline in payment approval rates in travel e-commerce, the underlying structures of fraudulent activities, and highlights real-world instances of fraud alongside product characteristics. By doing so, it provides a comprehensive overview of the industry-specific risks inherent in travel e-commerce transactions.

Understanding Payment Approval Rates

Payment approval rate refers to the percentage of successful payments after a user places an order. For instance, if 90 out of 100 payment attempts are approved, the approval rate stands at 90%. Over recent years, there has been a noticeable trend among card issuers to adopt a more risk-averse stance when making credit decisions. This shift, largely influenced by strengthened identity verification and chargeback management processes, has resulted in an increased number of legitimate transactions being declined.

Moreover, disparities in approval rates can arise due to various factors, including industry type, product pricing, and the differing assessment logic employed by card issuers. This variability means that understanding the overall average approval rate does not necessarily lead to effective improvement strategies.

Highlights from the Report

The Travel E-Commerce Payment Risk Report delves into several critical aspects of payment risks faced in the travel e-commerce sector. It elucidates key factors affecting payment approval rates and categorizes various fraudulent tactics and incidents that have occurred. The report also identifies specific product categories within travel e-commerce that are more susceptible to fraud, clarifying the unique risk structures of the industry and suggesting pathways for improvement.

To access the complete "Travel E-Commerce Payment Risk Report," interested parties can download it here.

Furthermore, YTGATE plans to release industry-specific reports in the coming months, including editions focusing on gaming and consumer electronics.

For inquiries regarding this report, please reach out to YTGATE.

Company Overview

• - Company Name: YTGATE Corp.
• - Website: https://ytgate.jp/
• - CEO: Yutaro Takahashi
• - Address: 1-8-2 Shintomi, Chuo-ku, Tokyo, 5F Grandir Ginza East
• - Established: October 2, 2023
• - Business Focus: Payment consulting, approval rate enhancement, payment optimization SaaS

With the motto of "Optimizing Payments to Connect the World," YTGATE is dedicated to enhancing payment approval rates and offers a comprehensive suite of services such as payment efficiency, safety measures, and data visualization for domestic and international credit card merchants. As experts in the payment domain, they aim to construct optimized payment infrastructures that facilitate smooth business operations and everyday life both locally and globally.

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