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Nearly 35% of all abandoned cart transactions are caused due to payment failures, leading to checkout drop-offs in Indian e-commerce. If this is one of the major factors that makes you compromise with your earnings, CCAvenue's Smart Retry feature is the exact solution designed for your business needs. Our Retry option enables your customer to reinitiate a transaction that did not go through, due to various reasons such as entering wrong card details, bank downtime, network issues, etc. The customer gets up to three attempts to complete the payment using either the same or an alternative payment option, without having to restart the checkout process from scratch by entering card details, which is tedious, and time consuming.
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UPI hits record in FY26: 24,162 cr transactions worth ₹314 lakh crore - 5 ways to stay safe while making UPI payments
Source: livemint.com
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India's digital economy may contribute 20% to GDP by 2030: NCIIPC DG
Source: newsonair.gov.in
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India's UPI to go live in Cyprus from 2027, boosting digital and economic ties
Source: dailypioneer.com
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RBI moots safeguards to curb digital payment fraud: How will they protect bank customers?
Source: livemint.com
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