Chanan Lavi

Chanan Lavi, CEO and Co-founder of Kipp, dives into the pressing issue of non-sufficient funds (NSF) declines affecting transactions. He discusses innovative strategies that allow merchants to influence authorization decisions, enhancing approval rates. The conversation also covers the evolving landscape of overdraft experiences, with banks moving toward fee elimination. Lavi emphasizes collaboration between merchants and issuers to improve payment solutions and shares insights on customer behavior shifts with debit cards, driven by apps like Venmo and Cash App.