Okuzeka
E-commerce vocabulary · Conversion and Analytics

Payment authorization rate

Meaning in e-commerce, with examples

nounAdvanced term

In e-commerce, payment authorization rate means: The proportion of submitted payment authorization requests that are approved during a measured period.

In Turkish: ödeme provizyon onay oranı

How it is used

Use a clearly defined set of authorization requests; retries and blocked attempts can change which events enter the denominator.

Example sentences

  1. The payment authorization rate fell for cards issued outside our main market.

    The metric focuses on approval of submitted payments rather than every store visit.

  2. We removed duplicate retries before comparing the payment authorization rate across providers.

    Consistent counting is needed when providers handle repeat requests differently.

Common collocations

  • monitor payment authorization rate
  • improve payment authorization rate
  • payment authorization rate report
  • payment gatewayA service that securely sends a customer's card or other payment details from the online store to the banks and returns whether the payment is approved.
  • conversion rateThe percentage of visitors or sessions that end with a purchase; for example, 2 orders from 100 visits is a 2% conversion rate.

More terms: Conversion and Analytics

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