False Decline Rates
Patrick discusses the persistently high rate of spurious declines in the credit card industry and the challenges in solving this problem due to trade secrets and lack of visibility. He also highlights the potential for improvement if the right people take action.In this clip
From this podcast
Conversations with Tyler
Patrick McKenzie on Navigating Complex Systems | Conversations with Tyler
Related Questions
Can you game the credit card system as discussed in the episode 787: Mitch Lowe | Lessons in Disruption Part Two and the clip Redbox Fraud Scams?
Can you game the credit card system as discussed in episode 787: Mitch Lowe | Lessons in Disruption Part Two and the clip Redbox Fraud Scams?
Can you game the credit card system?