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Strategies to optimize auth rates for the airlines

  • 07 Dec 2023

  • 08:30 AM GMT

Stay on top of any payment anomalies with
real-time alerting. Its Datadog for payments

With Alerts, you can configure payment monitors for different use cases, notify your teams
on a communication channel of choice, and manage your business.

Start monitoring key payment
metrics in minutes

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Authorization rate

The percentage of transactions that you submit and are accepted by the card networks.


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Decline rate

Attempted credit card transactions that are declined compared to the total number of attempted transactions.


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Withdrawal velocity

Velocity checks are a fraud prevention strategy designed to reduce the amount of fraud.



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Transaction volume

The total monetary value of all transactions processed by a payment platform over a given period.


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Chargebacks

A chargeback is a return of money to a payer of a transaction, especially a credit card transaction.


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Average order value

An ecommerce metric that measures the average total of every order placed with a merchant over a defined period of time.


Plug payment leaks in real-time
with three types of alerts

1-1
Treshold 1

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ThresholdGet notified when a metric crosses a set limit. Useful for continuous data streams or sporadic events with predefined values.

Variance 1
2-2

r
VarianceGet notified when a metric changes significantly over time-based on your chosen threshold. Useful for tracking changes that surpass a defined difference from a previous period.

3-4
Range 1

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RangeGet notified when a metric goes beyond a user-defined range. It is useful for spotting anomalies, like when a metric usually stays between 75-85% and any deviation triggers an alert.

Fix issues by getting notified on channels that matter to you

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Select medium

Get alerts via Slack, email, or pagerduty based on your preference.

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Select the team

Assign to team or individuals based on the severity


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How it works

CircleCheck
Choose metric
Step 1

Alerts can be supported on any parameter, or metadata passed to your payment processor ( e.g., BIN) or any derivation thereof (e.g., auth rate).

Care
Choose your measure
Step 2
Alerts can be used to handle metrics that are computed from a continuous stream of data or from a discrete set of values.

Megaphone
Choose your form of communication
Step 3
Select the preferred notification methods for your team, such as email, Slack, or PagerDuty.


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