OVERVIEW
Our Interchange Rate Optimization Solution is purpose-built to minimize interchange fees for acquirers and identify revenue leakage for issuers. By analyzing transaction data, the solution applies the most optimal rate identifiers to clearing messages while ensuring full compliance with network requirements. For issuers, it examines settlement files and identifies potential revenue loss caused by incorrect rate assignments from the network, delivering actionable insights.
Designed as a standalone, modular system, the solution seamlessly integrates with any transaction processing system via standard APIs and services. It operates during the generation or processing of clearing and settlement files, catering to both card acquirers and issuers.
The solution supports two operational modes: Journal and Update. These modes empower acquirers and issuers to analyze data comprehensively before implementing changes, ensuring a smooth transition and greater accuracy. This flexibility makes our solution an effective and indispensable tool for optimizing interchange processes.
