BIN reporting
BIN reporting offers comprehensive analytics on transaction performance segmented by Bank Identification Number. Cardflo provides detailed reports on authorization rates, decline reasons, and costs associated with specific BINs. This data enables merchants to identify trends, optimise routing configurations, and negotiate better terms with acquirers.
What you get.
- Detailed authorization rates by BIN
- Analysis of decline reasons per BIN
- Cost breakdown for BIN-specific transactions
- Identification of high-performing and problematic BINs
- Data export capabilities for further analysis
- Support for strategic acquirer relationship management
Common questions.
What kind of insights can I get from BIN reporting?
BIN reporting offers insights into which BINs perform best or worst, common decline reasons for specific card issuers, and the cost implications of processing cards from certain regions or banks. This data informs strategic decisions.
How often is BIN reporting updated?
BIN reporting data is updated in near real-time, providing you with current insights into your transaction performance. This allows for prompt adjustments to routing strategies and quick responses to emerging trends or issues affecting specific card types or issuers.
Can BIN reporting help reduce processing fees?
Yes, BIN reporting can help reduce processing fees by highlighting which BINs incur higher costs or have lower authorization rates with certain acquirers. This intelligence allows you to optimise routing to more cost-effective acquirers or negotiate better terms based on concrete data.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.