Telescope provides merchants with detailed insights into their payment data, allowing them to benchmark their performance against industry standards and identify any anomalies or trends. This information can help merchants optimize their payment processes and improve their overall payment performance.
In addition to Telescope, ProcessOut also offers Payment Smart Routing. This solution allows merchants to optimize their payment routing strategy by dynamically routing transactions to the most appropriate payment provider based on factors such as cost, performance, and availability.
By using Payment Smart Routing, merchants can ensure that each transaction is processed by the most suitable payment provider, maximizing their chances of successful authorization and minimizing fees. This can help merchants improve their overall payment performance and reduce costs.
Overall, ProcessOut provides online merchants with the tools and solutions they need to monitor and optimize their payment performance. Whether it through the free Telescope tool or the Payment Smart Routing solution, ProcessOut helps merchants improve their authorization rates, reduce declines, and optimize payment fees.