Sat.Dec 02, 2023

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Deep Dive: Beyond the Basics of Banking as a Service (BaaS)

Finextra

As we embark on this deep dive, we'll explore the intricacies and advanced facets that propel BaaS b.

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What are Order Level Auth Rates, and Why Should Merchants Care About Them?

Inai

The rate, or authorization rate, is a critical metric for businesses in the world of e-commerce. It measures the success of payment transactions, helping merchants gauge the efficiency of their payment processing systems. However, vanilla auth-rate calculators, which typically present auth-rates as the fraction of successful transactions over the total number of transactions, can sometimes obscure more than they reveal.