Transaction Location
Integrate precise geo-enrichment data with each transaction to create intuitive experiences that reduce consumer anxiety, boost engagement and foster trust
Why adding precise location to transaction data is a must
Create an intuitive user experience in your banking application that instils consumer confidence with location-based data enrichment services.
| Enrich transactions with precise location data to reduce confusion and potential disputes | |
| Understand consumer spending locations and unlock geo-targeted services on the go | |
| Provide location spending insights and enhance the banking experience with valuable activity habits |
Upgraded with the latest Google Places API updates
As a Google Maps Premier Partner, we have exclusive access to the latest advancements and updates around Google Places API. This ensures that our services are constantly upgraded with the most accurate and up-to-date data available, guaranteeing superior performance and reliability.
| Improved performance | |
| Consistent API responses |
| Simplified pricing | |
| Integration with Google Cloud Platform |
Benefits of Transaction Location
For the end-user
| Greater transparency: Help your users easily identify where they made their purchases by locating them on an intuitive map. | |
| Increase Engagement: Location-enriched transactions boost consumer engagement with bank statements on mobile phones. | |
| Reduce customer frustration: Providing the exact location of purchase helps the user to understand their spending record better. |
For the bank
| Competitive advantage: Stand out by offering a superior banking experience, setting your bank apart from the competition. | |
| Increase traffic: Use geospatial data to effortlessly direct your customers to the nearest branches and ATMs. | |
| Decrease in fraudulent transactions: The use of geospatial data helps to verify the identity of customers at the point of purchase. |
Explore more MRS API features
Categorisation
Provide meaningful spending insights based on categories.
Accurate Logos & Names
Empower your users to identify their transactions more easily.
Contact Details
Facilitate the resolution of unknown transaction queries.
Eco Footprint Tracking
Foster more sustainable consumption habits.
Optimise your users payment insights with transaction location
What key features does Snowdrop MRS offer?
Key features include real-time transaction enrichment, geo-enrichment solutions, multi-channel support across web and chat interfaces, and extensive transaction categorisation up to granular levels.
How does Snowdrop MRS handle transaction data clarity?
MRS enhances transaction data by including merchant real names, logos, categories, location on maps, opening hours, contact details, merchant ratings, and additional contextual data about the merchants and businesses.
How does Sowdrop MRS interact with Google Maps Platform?
Snowdrop MRS API leverages Google Maps Platform’s Geocoding and Places APIs to enrich transaction data. These APIs provide precise merchant locations, cleaned-up names, websites, and additional information. Additionally, Snowdrop preprocess the data before sending it to Google Maps to ensure even more accurate and relevant results.