Introducing Snapshots: Your Payments Data, Simplified

The Pagos flock just returned from an energizing week spent with the MRC community in Las Vegas. Every year, the conversation among the nerdiest of the payments nerds—a community we proudly declare membership and allegiance to—revolves around data. As the industry evolves, new regulations, fraud tactics, and technologies arise in tandem; to stay on top of how these constant changes impact your business, you have to monitor your payments data constantly. Because what is payments data if not tangible proof of the cost and value of your payment processing strategy?

Here’s the thing: most merchants already realize they should be seeking actionable insights in their payments data, but they don’t always have the resources available to put in the work necessary to find them. To piece together a clear view of their payments performance, payments teams must spend countless hours pulling reports, harmonizing disparate data sources, and digging into potential issues. With so many metrics to track—from approval and chargeback rates and to segmented transaction and decline counts—finding the insights that really matter can feel like looking for a needle in a haystack. That’s why we’ve built out a new feature in the Pagos payments data platform called Snapshots.

A Clearer View, Without the Hassle

All subscribers to Peacock—our payments data visualization platform—can now access a new dashboard of payments data visualizations called Snapshots. The concept behind this dashboard is in the name: provide merchants with a high-level overview (or snapshot) of actionable segments of their payments portfolio. Instead of starting from scratch with any payments data deep dive, you get curated insights displayed in pre-built, expertly designed charts and graphs. 

Within Snapshots, we’ve broken down your payments data into meaningful categories like approved transactions, declines, chargebacks, advanced authentications, and payment methods—helping you spot trends and potential issues at a glance. 

Using our no-code processor connections, you can import all your payments data into Pagos with a few clicks, and we’ll harmonize it together into the single data set used to populate this dashboard. Imagine accessing a resource like Snapshots for reporting back to leadership, setting priorities for the coming quarter, or identifying revenue drivers—all without taking any resources away from your other payments priorities.

Goodbye Blank Slate Problem

One of the biggest challenges with creating your own payments data reports from scratch is the “blank slate” problem—having so many options that you don’t know where to start. With Snapshots, we’ve done the hard work for you. You’ll see the most relevant metrics right away, and if you want to dive deeper, every chart can be expanded for more detailed analysis. This approach saves you time and reduces analysis paralysis.

Snapshots sets you up to quickly answer questions like the following (and many more) with minimal effort:

• Which of your processors has a lower approval rate?

• Which decline codes are you seeing the most? Are they consistent across payment methods and card brands?

• What currency is most popular among your customers?

• How does chargeback rate vary among the card brands you accept?

• Which of your MIDs is seeing the most refunds?

Set Up for Success

With Snapshots, your payments data isn’t just organized—it’s actionable. You can prioritize where to focus your efforts, make smarter business decisions, and even export clean payments data visualizations to share wins with other teams or report on project developments to leadership. Ultimately, Snapshots combines the structured feel of a management report with the flexibility of custom analytics, providing leadership with high-level visibility while facilitating in-depth analysis by your payments pros.

Segmented and actionable data like that found in Snapshots shouldn’t be something your payments team dreams of having some day when they can prioritize the necessary work. We at Pagos believe it’s something every payments team should inherently have in the modern payments landscape. In other words, payments data isn’t a nice-to-have—it’s a central pillar of any payment optimization strategy. Whether you’re looking to track declines, monitor chargebacks by category, or analyze payment methods' performance, Snapshots has you covered.