Approval rate reporting
Understand your transaction success with Cardflo's approval rate reporting. Gain insights into the factors influencing your payment approvals across all acquirers and payment methods. Identify trends and areas for optimisation to improve conversion rates and revenue capture.
What you get.
- Monitor approval rates across all configured MIDs and acquirers.
- Segment approval data by card type, currency, and payment method.
- Track historical approval rate performance over custom date ranges.
- Identify shifts in approval rates due to scheme updates or acquirer changes.
- Compare approval rates between different processing routes.
- Export detailed approval rate reports for further analysis.
Common questions.
How often is approval rate data updated?
Approval rate data is updated in near real-time. This ensures you always have access to the most current information regarding your transaction success rates, allowing for timely adjustments and operational decisions to maintain optimal performance.
Can I see approval rates for specific payment methods?
Yes, Cardflo's reporting allows you to segment approval rates by individual payment methods. This granular view helps you understand the performance of each payment option you offer, informing your strategy for payment method prioritization.
What factors can impact approval rates?
Approval rates are influenced by various factors including card issuer policies, fraud detection systems, network latency, customer data accuracy, and the specific acquirer used. Cardflo helps you identify which of these are most impactful for your transactions.
Related features.
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