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Stripe Payments

Payments metric refers to the number of successful transactions processed by a business or organization using Stripe payment processing technology. It provides insight into revenue, customer buying behavior, and financial performance.

With Databox you can track all your metrics from various data sources in one place.

Payments $110,000 Start tracking this metric
  • About
  • Tech details

What Are Payments

The Payments metric represents the total sum of money that a business or organization receives through online transactions via payment processing platforms.

It encompasses all successfully processed charges and refunds related to online purchases or services, along with any applicable processing fees associated with the payment gateway used.

How to Better Track Payments

How well you track your digital transactions has a direct impact on your ability to make informed decisions and optimize financial strategies properly.

And truth be told, it’s easy to get lost in the nuts and bolts of payment processing, especially if you’re handling a large number of transactions on a daily/weekly level.

Here are a few strategies you can use to stay on top of payments more efficiently:

  • Use specialized analytics and reporting software: Nowadays, it’s practically impossible to run a successful business without the help of specialized tools. And this is especially the case when it comes to payments and online transactions. With specialized financial software, you can tell a better story with your data, get a holistic view of your company’s finances, compile payments and other key metrics in one place, and simplify the analytics and reporting processes. And with Databox’s financial reporting software, you can do even more.
  • Log everything, all the time: This is simple advice, but it often goes overlooked. Create a habit to log in everything immediately when payments are processed. This can save so many hours of double data verification and make sure all the reports and figures are in order. Even with specialized tools, finances can get hectic quickly and it’s easy to lose sight of what’s happening.

More resources to help you improve:

Visualizations

  • Databox visualization

    Number

    Used to show a simple Metric or to draw attention to one key number.

  • Databox visualization

    Pie Chart

    Used to illustrate numerical proportions through the size of the slices.

  • Databox visualization

    Bar and Line Chart

    Used to show comparisons between values.

How to track Payments in Databox?

Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.

To track Payments using Databox, follow these steps:

  1. 1
    Connect Stripe that contains the metric you want to track
  2. 2
    Select the metric you want to track from the list of available metrics
  3. 3
    Drag and drop the selected metric onto your dashboard
  4. 4
    Watch your dashboard populate in seconds
  5. 5
    Put Payments on the Performance screen
  6. 6
    Get Payments performance daily with Scorecards or as a weekly digest
  7. 7
    Set Goals to track and improve performance of Payments
Goals

Set Goals to track and improve your performance
Scorecards

Get your daily progress every morning with Scorecards
Metric Digest

Receive detailed weekly performance updates
Metric Builder

Built your own custom metrics with Metric Builder
Data Calculations

Set Goals to track and improve your performance
Performance Screen

Get instant insights into your top-performing metrics
Stripe integration with Databox Track Payments from Stripe in Databox GET STARTED

Stripe Payments included in Dashboard Templates 1

  • Live view

    Stripe MRR & Subscriptions Overview

    Stripe dashboard template provides you with insights about customer, payments, mrr, churn and more.

    Stripe

Stripe Payments included in Report Templates 1

  • Details

    Stripe Report Template

    Use this Stripe report to share important ecommerce insights into churn rate, MRR growth, revenue volume, new customers, and more.

    Stripe

Basics

  • Description
    Payments metric refers to the number of successful transactions processed by a business or organization using Stripe payment processing technology. It provides insight into revenue, customer buying behavior, and financial performance.
  • Category
    Payment Processing
  • Subcategory
    Payments
  • Date Added
    2015-04-28
  • Cumulative Support
    Yes
  • Units
    No
  • Granularities
    hourly, daily, weekly, monthly, quarterly, yearly
  • Favorable Trend
    increasing
  • Historical Data
    Yes
  • Changing historical data
    No
  • Forecast Support
    Yes
  • Benchmark Support
    Yes
  • Media Support
    No
  • Dimension
    N/A
  • Metric Type
    event Learn more
  • API Endpoint
    https://api.stripe.com/v1/charges

Questions? We've got answers.

  • What are the Most Important KPIs for Payment Processing?

    In general, the most important KPIs for payment processing include the transaction success rate, processing time, chargeback rate, payment decline rate, and payment processing cost.

    These KPIs help businesses optimize their payment processes, ensure customer satisfaction, and identify room for improvement.

    However, you should always consider your business’s specific context, needs, and goals before choosing which KPIs to track.

  • How do you measure payment performance?

    One of the best ways to measure your business’s payment performance is to shortlist 5-8 KPIs and metrics that are the most relevant to your objectives and track your performance over a set time period.

    For this, it’s recommended to use specialized software like Databox that will help you track, analyze, and report on the KPIs easier and quicker. Instead of spending countless hours doing it manually, Databox helps you do it in just a few minutes.

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