{"id":6125,"date":"2023-10-16T08:42:51","date_gmt":"2023-10-16T08:42:51","guid":{"rendered":"https:\/\/paybis.com\/blog\/?p=6125"},"modified":"2023-11-28T08:48:15","modified_gmt":"2023-11-28T08:48:15","slug":"authorization-vs-success-rates-for-on-ramps","status":"publish","type":"post","link":"https:\/\/paybis.com\/blog\/authorization-vs-success-rates-for-on-ramps\/","title":{"rendered":"Authorization vs. Success Rates: Which One Should You Track?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Online transactions are changing. Businesses have many metrics to choose from, each promising success and efficiency.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here, it&#8217;s important to tell apart different rates like &#8216;Authorization&#8217; and &#8216;Success&#8217; rates. Although their areas of focus overlap, these metrics provide unique insights into transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Every metric tells a different story about transactions. The gap between similar terms can determine growth or stagnation.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To steer your ship in the right direction, clear the fog around these terms. Focus on the metric that aligns with your business goals and strategies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At Paybis, we are not new to this game. We have tracked, measured, and analyzed success and authorization rates for years. Many businesses confuse the two, causing them to lose focus and hinder growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This article will show the differences between success rates and authorization rates. You should measure one.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Decoding the Buzzwords<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">Authorization Rate<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6126 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Authorization-Rate-is-the-Proportion-of-attempted-payments-that-go-through-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><b>The &#8216;Authorization Rate&#8217; shows how successful a credit card payment can be. <\/b><span style=\"font-weight: 400;\">It&#8217;s the story of how funds make their journey from a user&#8217;s account to a merchant.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, there&#8217;s more to this journey than meets the eye.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When a payment is captured, it means the money is taken from the account and sent to the merchant. But, when funds are &#8216;authorized,&#8217; they are merely reserved. This means the amount is earmarked for the merchant but has yet to make the actual journey.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A relatable example of this would be when you book airline tickets. For a specific time, typically one day, the funds are held and not accessible in your bank account. However, they have not been deducted from your account. This scenario clearly shows what authorization means in the real world.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Success Rate<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6131 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Success-Rate-is-the-Proportion-of-customers-that-complete-a-desired-action-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><b>The Success Rate shows how many people successfully complete a transaction after starting it.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Many things, such as KYC compliance and unexpected events, affect the customer&#8217;s experience here and cause them to abandon a transaction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are many reasons why this can happen. It could be because of technical problems or not following KYC rules. It could also be because of suspicious activity or entering the wrong address.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Success Rate combines all these factors, giving a broad view of how well our sales funnel is coming together.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Debunking Industry Myths<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">People get confused by success and authorization rates, leading to false expectations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let&#8217;s unmask these myths and set the record straight.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Confusion between Success and Authorization Rates<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6130 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Success-and-authorization-Rates-are-two-completely-different-metrics-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><span style=\"font-weight: 400;\">The conflation of success and authorization rates is a prevalent industry myth.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Although they may appear to be in different worlds, it&#8217;s important to know they have different roles.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One aspect evaluates how quickly credit card transactions are authorized. Another looks at many factors affecting customers&#8217; journey to complete a transaction.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Setting Realistic Expectations<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6132 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Success-rates-are-usually-much-lower-than-authorization-rates-and-never-greater-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><span style=\"font-weight: 400;\">Occasionally, people say success rates are 90%, but that&#8217;s not realistic.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Most people don&#8217;t complete transactions four out of five times, so these projections are unlikely to happen.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s possible to have a high authorization rate for payment attempts, but a high overall success rate is unlikely.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you hear really high numbers, they might be misleading or talking about authorization rates.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Understanding the Differentials<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6127 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Authorization-rate-pertains-to-credit_debit-cards.-Success-rate-encompasses-the-entire-customer-journey-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><span style=\"font-weight: 400;\">The authorization rate is about credit card transactions. It shows if funds are allocated to the merchant successfully. It is like a snapshot of the first part of the transaction journey.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the success rate considers everything from KYC rejections to personal interruptions.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Unveiling the Real Picture<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6133 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Understanding-Authorization-and-Success-rates-helps-to-avoid-generalization-and-set-realistic-goals-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><span style=\"font-weight: 400;\">We can uncover the true situation by looking at the specific success rates and authorization, instead of relying on overly optimistic beliefs. This allows us to focus on practical measurements and avoid unrealistic expectations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The goal is to explore thoroughly and focus on the specific details of each rate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At Paybis, we show real numbers to our partners. Numbers that say what they mean are now clouded in jargon or lost in translation. We help you navigate the metrics and work with you to optimize every customer touchpoint through the White Label On\/Off-Ramp solution.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Behind the Scenes of Authorization Rates<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">By studying the mechanics of authorization rates, we can understand the factors that affect credit card approvals.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Come with us behind the scenes to discover these important parts and learn how they affect approval rates.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">The Role of Card Types and Brands<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The type of card you use, like credit or debit, and the brand of card, like Visa or MasterCard, can affect how likely a transaction is to be approved.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Each has its own policies and criteria, affecting the chance of an authorized transaction.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Bank-Specific Crypto Policies<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The financial institutions behind the cards hold significant power in the authorization process.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some banks maintain stringent policies against crypto transactions (MCC 6051), acting as gatekeepers, possibly thwarting attempts to purchase cryptocurrencies and thus impacting the authorization rate negatively.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">The Silent Settings \u2013 Personal Configurations<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Sometimes, it&#8217;s the silent, personal settings chosen by the cardholder that decide the fate of a transaction.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When a cardholder chooses to decline Internet transactions, it can affect the authorization rate. This shows that personal settings can determine if authorization is successful.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">How Paybis Helps with Increasing Authorization and Success Rates<\/span><\/h2>\n<h3><span style=\"font-weight: 400;\">Alternative Payment Methods: Paybis&#8217;s Trump Card<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5772 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/06\/8-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/06\/8-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/06\/8-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/06\/8-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/06\/8-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/06\/8-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/06\/8.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F06%2F8-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><span style=\"font-weight: 400;\">Understanding the diverse landscape, Paybis introduces <\/span><a href=\"https:\/\/paybis.com\/blog\/diverse-payment-solutions-boost-revenue-with-apms\/\"><span style=\"font-weight: 400;\">alternative payment methods<\/span><\/a><span style=\"font-weight: 400;\">, especially in regions where the authorization rate is notably low, like Nigeria.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By implementing solutions such as mobile money and E-wallets, we combat the hurdles and ensure smoother transactions, adapting to the varied needs of customers globally.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When you integrate the Paybis White Label On\/Off-Ramp on your website or app, your business can immediately offer customers 50+ APMs from day 1.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Cascade Routing System: A Symphony of Alternatives<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6128 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Cascade-routing-helps-increase-success-rates-by-redirecting-transaction-requests-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><span style=\"font-weight: 400;\">The Cascade Routing System operates as a maestro, ensuring seamless transaction flow. If a main route can&#8217;t authorize a transaction, this system automatically sends the request elsewhere.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By leveraging multiple routes, the Cascade Routing System elevates success rates, allowing businesses to maximize their transactional efficiency and customer satisfaction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Paybis uses a sophisticated Cascade Routing System to make transactions smooth and uninterrupted for partners and customers.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Fallback Functionality: The Safety Net<\/span><\/h3>\n<p><picture class=\"attachment-pinterest\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6129 size-large\" src=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods-1024x576.png\" alt=\"\" width=\"1024\" height=\"576\" srcset=\"https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods-1024x576.png 1024w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods-300x169.png 300w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods-150x84.png 150w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods-768x432.png 768w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods-1536x864.png 1536w, https:\/\/paybis.com\/blog\/wp-content\/uploads\/2023\/10\/Authorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods.png 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><a href=\"http:\/\/pinterest.com\/pin\/create\/button\/?url=https%3A%2F%2Fpaybis.com%2Fblog%2Fauthorization-vs-success-rates-for-on-ramps%2F&media=https%3A%2F%2Fpaybis.com%2Fblog%2Fwp-content%2Fuploads%2F2023%2F10%2FAuthorization-vs-Success-Rates-Fallback-functionality-catches-failing-transactions-and-suggests-alternate-payment-methods-1024x576.png&description=Authorization+vs.+Success+Rates%3A+Which+One+Should+You+Track%3F\" class=\"pin-it-button\" target=\"_blank\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12.289,2C6.617,2,3.606,5.648,3.606,9.622c0,1.846,1.025,4.146,2.666,4.878c0.25,0.111,0.381,0.063,0.439-0.169 c0.044-0.175,0.267-1.029,0.365-1.428c0.032-0.128,0.017-0.237-0.091-0.362C6.445,11.911,6.01,10.75,6.01,9.668 c0-2.777,2.194-5.464,5.933-5.464c3.23,0,5.49,2.108,5.49,5.122c0,3.407-1.794,5.768-4.13,5.768c-1.291,0-2.257-1.021-1.948-2.277 c0.372-1.495,1.089-3.112,1.089-4.191c0-0.967-0.542-1.775-1.663-1.775c-1.319,0-2.379,1.309-2.379,3.059 c0,1.115,0.394,1.869,0.394,1.869s-1.302,5.279-1.54,6.261c-0.405,1.666,0.053,4.368,0.094,4.604 c0.021,0.126,0.167,0.169,0.25,0.063c0.129-0.165,1.699-2.419,2.142-4.051c0.158-0.59,0.817-2.995,0.817-2.995 c0.43,0.784,1.681,1.446,3.013,1.446c3.963,0,6.822-3.494,6.822-7.833C20.394,5.112,16.849,2,12.289,2\"><\/path><\/svg><\/a><\/picture><\/p>\n<p><span style=\"font-weight: 400;\">When there are problems with transactions, fallback functionality is like a safety net. It helps by offering different ways to make payments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If a credit card doesn&#8217;t work, customers have other options like bank payment methods or e-wallets. These alternatives ensure that customers can still complete their transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fallback functionality reduces the chances of transaction abandonment by offering alternatives right away. This keeps customers engaged and lessens the loss of potential conversions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Paybis integrates robust fallback functionality to provide varied and convenient alternatives to users, addressing their unique needs and preferences, thereby enhancing user experience and satisfaction.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The &#8216;Authorization Rate&#8217; shows how credit card payments are approved. But the &#8216;Success Rate&#8217; looks at the whole transaction journey, with each step having its own importance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To optimize their strategies, businesses need a deep understanding of these terms and how they relate.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, an important question arises: What metric is most important for your business model?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Choosing between Authorization and Success Rates is not about picking one over the other; it&#8217;s about understanding the intricate dance between the two. It is this comprehension that enables businesses to create a symphony of seamless transactions and satisfied customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When businesses partner with Paybis, they are provided with an arsenal of technical support and customizability to increase both Authorization Rates and Success Rates.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online transactions are changing. Businesses have many metrics to choose from, each promising success and efficiency.\u00a0 Here, it&#8217;s important to tell apart different rates like &#8216;Authorization&#8217; and &#8216;Success&#8217; rates. Although their areas of focus overlap, these metrics provide unique insights into transactions. Every metric tells a different story about transactions. The gap between similar terms [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":6134,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[131,262],"tags":[],"businesses_tag":[163,258,260,261],"class_list":["post-6125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-use-case","businesses_tag-success-rates","businesses_tag-authorization-rate","businesses_tag-kpis","businesses_tag-metrics"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Authorization vs. Success Rates for on-ramps - Paybis Blog<\/title>\n<meta name=\"description\" content=\"Authorization vs. Success Rates are among the most important KPIs to track if you&#039;re using a third-party on-ramp. 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