How Transaction Processing Platforms Develop Growth-Driving Payment Strategies
Discover how payment strategies can optimize transactions, boost revenue, and enhance security for your business.
Discover how payment strategies can optimize transactions, boost revenue, and enhance security for your business.
This guide aims to unravel the role of tokenization in data security, its fundamental concepts, operational mechanisms, and extensive benefits.
Alternative Payment Solutions (APMs) or Local Payment Methods (LPMs) have emerged as a game-changer in the payment industry. Learn more about them here.
Discover the differences between payment orchestration and payment optimization and their respective pros and cons.
Discover the power of integrated payments, their benefits, and how to choose the right solution for your business.
Explore the concept of tokenization, its relevance in different sectors, and how it can improve your data utility and security.
Interested in improving your cybersecurity but don’t know where to start? Learn about data encryption vs. data masking and which one is right for you.
Interested in improving your cybersecurity but don’t know where to start? Learn about data encryption vs. data masking and which one is right for you.
Discover the certifications that a payment security solution should have, what makes them important, and what to look for when choosing a partner.
Discover the certifications that a payment security solution should have, what makes them important, and what to look for when choosing a partner.
Want to learn how to reduce chargebacks in your business? Read these 10 tips from PCI Booking to optimize your payment handling.
Making payments easier and more secure is a key goal of any business. To facilitate this, many businesses employ third-party payment processors to handle payments through methods like credit and debit cards. Authorization rate is a metric used to measure the success of these payment processes, and it can be improved by leveraging multiprocessor solutions. In this article, we’ll discuss what an authorization rate in payments is and the potential limitations of using one payment processor, as well as the benefits of multi-processor solutions and how they can increase your business's value. What Is a Payment Authorization Rate? A payment authorization rate is the percentage of payments that are successfully processed and accepted by a payment processor. This figure is one of the most important…