Transform your Users’ Banking Experience with Transaction Enrichment
Enrich raw data with our location-enhanced API to provide an intuitive experience that drives higher user engagement.
Rapid implementation
through a single API
Developer-centric API deployable within days, consistently refined for optimal performance.
Enterprise-ready
and highly scalable
Crafted for effortless scalability and seamless integration, ensuring high deployability.
Accessible across a
variety of technologies
Our API enriches transactions from any payment scheme and open banking sources.
Secure and
reliable platform
Snowdrop’s MRS API is GDPR-compliant and it does not require any personal data.
Benefits of Transaction Enrichment
| Enhanced User Experience Increased customer satisfaction, trust, and brand positioning. | |
| Lower Operating Costs Proven decrease in customer service queries by up to 30%. | |
| Reduced Customer Churn Improved customer lifetime value and minimised customer attrition. |
API Features for the Most Accurate Data
Accurate Merchant Name and Logo
Display the clean merchant name and add logos to every transaction for easy identification.
Merchant Contact Details
Allow your customer to contact the merchant directly and reduce disputes and chargebacks.
Eco Footprint Tracking
Provide insights into the sustainability performance of the merchants.
Smart Transaction Categorisation
Accurately order purchases for better control/tracking of spending habits.
Transaction Location
Provide your users with the verified address of their purchase to avoid potential fraud.
Blend Seamlessly with our Enriched Data API
Enhance data accuracy by integrating meaningful details into each transaction, enriching the overall dataset with valuable insights.
Ensure instant transaction recognition, swift identification of fraudulent transactions, and real-time engagement within your operational processes.
Success stories
Wirex: Reduction of up to 50% in transaction query calls
As a result of implementing the Enriched Transaction Data API by Snowdrop Solutions, Wirex delivers precise, location-based transaction information to its clients, cutting customer service queries by half.
Success stories
Hanseatic Bank: App User Ratings boosted to 4.6
Hanseatic Bank users now benefit from clear insights about their transactions, improving their browsing experience and control over financial spending. This has led to satisfied customers and improved ratings.
Success stories
Nationwide: Decrease in transaction-related queries by 30%
After integrating Snowdrop’s Transaction Enrichment API, Nationwide enhanced its mobile banking app, providing customers with clearer insights, and leading to a decrease in calls related to confusing transactions.
News
-
Transaction Enrichment for Enhanced Fraud Detection in Banks
Explore more about how transaction data enrichment can enhance banks’ ability to detect fraudulent activities in real-time.