Transaction Data Enrichment
Improve your client's payment experience by clarifying their personal finance overview through enriched transaction data.
Trusted by 50+ global banks and fintechs
Meet all requirements for AN 4569 Revised Standards for the Display of Enhanced Merchant Data and stay ahead of your competition.
Reduce the cost of dealing with chargebacks by ensuring that clients know exactly what they are paying for and have no reason to claim their payments.
Motivate card holders to make more frequent card payments by delivering a clear and insightfull overview of their payments and finances .
Meet all the requirements of AN 4569 Revised Standards for the Display of Enhanced Merchant Data, which became mandatory as of October 2023.
High-quality and manually checked with market localisation
25 categories at merchant level & 500+ tags at shop level
Exact GPS location of a purchase with street, zip, city and region
Identification down to franchise, sub-brand levels
Calculations and tags to educate or appraise your clients' habits
Merchant URL or phone number through Google Place ID
Bring clarity from the start with accurate and language localised merchant name.
Simplify visual recognition of transactions with up to date high-quality merchant logos.
Show the exact address of the physical store where the transaction was made, based on GPS coordinates
Provide an additional useful vendor information powered by Google Places API enrichment.
Discover essential strategies for banks to meet Mastercard mandate AN4569. Optimize compliance and get the most out of this requirement.
Make payment and spending analysis truly insightful through segmentation and labelling for each transaction.
Praise clients with positive results of calculated CO2 footprint for individual transactions and identified eco-friendy habits.
TapiX API 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% and 99.99% accuracy.
bunq - the Dutch challenger bank was struggling to achieve a high coverage of merchant reconciliation. Learn more about how TapiX helped them through payment data enrichment.
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.
Learn more about the Matercard rules from all possible angles through our insightful articles.
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