Solidgate supports processing in over 100 currencies, adhering to ISO 4217 standards, enabling to receive payments in multiple global currencies.

Each currency is identified by a specific code and has a designated minor unit, which determines the smallest unit of currency for transaction processing.

In order to optimize the transaction approval process in different countries, additional data must be collected and provided to improve the acceptance of cards and alternative payment methods.

This additional information, which varies by country and payment method, is necessary to comply with regional regulations and improve the authentication process, which has a direct impact on transaction success.

Refund reason codes help analyze refund and void activities, offering insights into operations and enabling automated responses.

Analyzing refund reasons helps identify fraudulent activities, thereby improving customer satisfaction and securing revenue by optimizing refund processes.

Understanding error codes is crucial for identifying why payments are declined and enabling effective resolutions, enhancing both merchant and customer experiences.

Error codes provide specific insights into failures at both transaction and order levels, advising customers on corrective actions.