Pagos unveils AI-based payments tool for commerce businesses

By Gloria Methri

Pagos, a provider of payments optimization solutions, has launched Pagos Copilot, an AI-powered tool for instant payment intelligence. Commerce businesses of all sizes can benefit from the streamlined payments analysis available via a simple conversation with Pagos Copilot.

“It’s easy for subpar performance to go unnoticed when you don’t have a wealth of payments industry knowledge because you don’t necessarily know what you’re looking for,” said Klas Bäck, CEO and co-founder of Pagos.

“We designed Pagos Copilot to bridge the knowledge gap and guide finance, product, and payments executives to build strategic action plans informed by real-time and historical payment data. We help them baseline their performance quickly and better understand what action to take, why to take it, and how it will positively impact their payment costs and performance. It’s like having an informed consultant in your chat app for planning and modelling.”

Pagos Copilot is designed with an intuitive interface to deliver comprehensive data intelligence in a digestible and understandable format.

Whether it’s defining complex payment terms, explaining calculated payment metrics, finding opportunities to improve performance, or providing shortcuts to in-depth analytics, Copilot allows users to leverage payment data and truly understand it.

Regardless of a payment organization’s size or sophistication, every team member can benefit from querying and engaging with Copilot.

“We purpose-built Copilot to address our customers’ biggest pain point: not knowing where to look and how to get started,” said Albert Drouart, CPTO and co-founder of Pagos. “Thanks to advancements in LLM technology, Pagos can combine expertise with the customers’ data more easily. Copilot is helping companies get ahold of their data, visualize and understand meaningful trends and opportunities, and build viable action plans to make changes that can significantly reduce their payment costs or increase their revenue.”