Overview

One of the most difficult aspects of payments data analytics is identifying when a metric warrants concern. Up until now, businesses have had no way to determine if their payments performance is actually optimized in comparison to their peers and competitors. That's why we've built Flamingo, our benchmarking tool. This powerful tool empowers your business to benchmark your payments performance against industry leaders and peers. In other words, you can anonymously compare your historical and real-time payments data against industry benchmarks to identify areas for improvement, recognize trends, and gain confidence in your processing capabilities. You can even confirm if any fluctuations in your data—changes in the type of declines or a degrading approval rate, for example—is consistent across your industry or only affecting you.

Pagos benchmarking is powered by billions of transaction data points and card network data feeds. Even more, the data is updated weekly and anonymized to provide you with the most up-to-date data comparisons possible without revealing the sources. Whenever you need it, Pagos' benchmark data is at your fingertips.

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If you're interested in adding Benchmarking to your Pagos subscription or want to get started with our payments optimization tools, contact us for a demo!