Insights - Affluence

The Affluence Report view of the Insights Dashboard (Insights Dashboard Showing Affluence Report) shows the impact customer affluence has on your business. The data and charts in the report are segmented by affluence and card type.

The table below describes each of fields in the Affluence Detail table.

Affluence Detail Table Field Definitions

Field

Description

Card Type

The category of cardholder:

  • Premium Credit - indicates customers with the highest spending potential, with annual card spending of $40,000+. This currently includes premium credit card holders and AMEX card users.

  • Mass Affluent Credit - indicates the mid-upper tier of customers (household incomes of $100,000+). This includes Visa, Mastercard, and Discover.

  • Credit - indicates credit cardholders who are considered non-affluent, plus those whose affluence level is unknown.

  • Debit - indicates debit cardholders; applies to Mastercard, Visa, and Discover.

  • Prepaid - indicates prepaid debit cardholders (for example, Gift, Payroll, General Prepaid, Teen). This applies to Mastercard, Visa, Discover, and American Express.

  • Other - indicates customers using alternative payments (PayPal, Direct Debit) and any payments that do not fit the above categories.

# of Auths

The total number of authorization attempts for each payment card type for the designated reporting group and time period.

These counts are shown in the Acquired Customers pie chart when you hover over a payment card type.

% of Total Auths

The share of authorization attempts segmented by affluence and payment card type as a percentage of the total authorizations attempted.

These percentages are represented in the Acquired Customers pie chart.

# of Approved Auths

The total number of approved authorizations for each card type for the designated reporting group and time period.

Approval %

The share of authorization approvals that occurred for each payment card type as a percentage of the total authorizations approved.

# of Approved Deposits

The total number of individual deposits resulting from successful payment authorizations.

Avg. Deposit Amount

The average value of successfully authorized transactions. This is the best metric for comparing the value of a segment to your business.

Total Deposits Amount

The total deposit amount for each payment card type for the designated reporting group and time period.

These counts are shown in the Converted Customers pie chart when you hover over a payment card type.

% of Total Deposits

The deposit amount for each payment card type as a percentage of the total deposits.

These percentages are represented in the Converted Customers pie chart.