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.
through a single API
Developer-centric API deployable within days, consistently refined for optimal performance.
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.
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
|Merchant clean name
Display the clean name of merchant for easy identification.
Accurately order purchases for better control/tracking of spending habits.
Easily add logos to every transaction for quick visual recognition.
Allows your customer to contact the merchant directly.
Provide your users with the verified address of their purchase to avoid potential fraud.
Provide insights into the sustainability performance of the merchants.
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.
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.
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.
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.