What happens to your export
We ask for transaction data. That is a real thing to hand a stranger, so here is precisely what we need, what we do not want, and how to get it deleted.
What we need
Two files, 30 days, CSV, straight from your issuer's dashboard.
- Cards: BIN, last four digits, a label if you use one, status.
- Transactions: date, amount, currency, approved or declined, and the decline reason where your issuer gives one.
Column names do not matter. Exports differ between issuers and ours reads them by content, not by heading.
What we do not want — delete it before sending
- Full card numbers. Never needed. The first six and last four are all the maths uses.
- CVV and expiry dates. No purpose here at all.
- Names of your buyers. If your labels contain them, replace them. A label is just a string to us.
- Anything about end customers. We look at your payment layer, not at anyone's users.
If a file arrives with card numbers in it, we delete it and ask for one without. It is easier for both of us if the column never leaves your machine.
What we do with it
- One run through the scoring, then a report back to you. That is the whole purpose.
- The file sits on an encrypted disk in the EU while we run it.
- One person has access: the founder. There is no team yet.
- It is never shared, sold, or used to train anything.
- Nothing from your file appears in public writing without your explicit say-so, and then only as an anonymised aggregate.
How long we keep it
Until you ask us to delete it, or 90 days, whichever comes first. Say the word at any point — during the call, after it, months later — and it is gone the same day, along with anything derived from it.
If you would rather it never touched disk at all, say so and we will run it on a call, screen shared, and delete it in front of you.
What you get back
- Your BINs ranked by health, with the decline rate behind each score.
- Median time from a card's first spend to its death, per BIN.
- How much spend sits on each BIN — concentration is usually the surprise.
- An honest note on which numbers the data is too thin to support.
If the report tells you nothing you did not already know, say so. That is a useful answer and we would rather have it than a polite one.
Who is asking
Faroio is built by an Estonian company. There is no contract to sign for this, no obligation afterwards, and nothing to unsubscribe from unless you ask to hear more.