Transaction enrichment datapoint
Recognition of subscription and recurring payments.
Tagging classic digital subscriptions like Netflix, Spotify, etc.
Ability to link the banking app to the subscription option to easily stop recurring payments.
Recognition of regular transfers of funds such as rent or utilities.
Identification of regular membership payments for leisure activities or clubs such as gym memberships.
TapiX is ready for deployment in any market using comprehensive algorithms combined with human validation.
*Today we enrich over billion of transactions per month across EMEA, LATAM and NCA regions with coverage ranging from 65-85%.
Bring more value to your users through enriched payment data
TapiX uses multiple controls based on statistics, outlier detection and various algorithms to provide you with the best data quality possible. Data quality is supervised by our data team to prevent any mistakes. Due to the complexity of data quality checks, TapiX receives less than 1 complaint per 6 000 000 processed transactions.
Through the API you only transfer the terminal identifiers. TapiX fulfills the highest security standards and processes no personal information about your clients. We are ISO 27001 certified and GDPR compliant. Dateio stores and processes data in AWS which fulfills the highest security standards.
Note that if TapiX returned an “unsolved” shop it might be due to multiple reasons. The data provided might not be sufficient enough to identify the correct shop (e.g. not enough parameters provided) or TapiX simply does not recognize the shop now. TapiX always returns as much information as possible but it is always possible that some information about the shop or the merchant may be missing. Note that the quality of the service improves over time and your data can be solved in the near future.