TapiX replies in real time with all requested information
Bank saves the data in its in‑house data centers
Client makes a card payment at POS
Bank receives this information and calls TapiX REST API asking for the payment location, merchant's correct name, merchant's logo, URL and Google place ID
When client checks their payment history overview, the banking app loads data from bank's data
We constantly monitor and improve quality of data by using a mixture of statistical analysis and ML/AI algorithms. We avoid “guesstimation” techniques. Human verification and Feedback API are in place to monitor and inspect service quality.
Regular checks validating correctness of data such as logo refresh, rebranding, terminal relocation are in place. Due to our invalidation system and monitoring process we are also able to keep historic payment data up-to-date and relevant at all times. With speed of 3ms per enriched transaction and high scalability, TapiX is designed to handle the needs of the world’s largest banks.
No personal data that could identify the client is shared outside of the financial institution. Only basic transaction identifiers of the payment terminal are shared with TapiX. We are GDPR compliant and ISO 27001 certified.