Automated debit transaction failure rate stays high in June - Business News: Latest News & Videos about market and economy | Trendmergers

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Automated debit transaction failure rate stays high in June

The high failure rates in debit payments in June have surprised analysts who had expected it to come down as restrictions in economic activity had started to ease with the fall in infections. Bounce rates have increased above 30% in May and June after falling to 27.48% in April 2021 which was much lower than the 36.65% reported in April 2020.

from Stocks-Markets-Economic Times
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