Comprehensive scheme cost review and optimization.
Focused review of account fees, transfer pricing, loyalty programs, and insurance costs.
Proprietary analytics tool to streamline billing and operational inefficiencies.
Detailed assessment of scheme billing and transaction-related costs.
Focused review of account fees, transfer pricing, loyalty programs, and insurance costs.
Enhance efficiency in key processes such as customer contact strategies, IVR systems, and fee reconciliation.
Streamlined billing practices ensure compliance while improving profitability.
Cost optimization directly enhances portfolio profitability by:
Assessment Fees:
Review methodologies and reduce unnecessary costs based on transaction volumes.
Authorization Fees:
Streamlining gateway charges to ensure cost efficiency.
Interchange Fees:
Accounting for the majority of costs (~80%), optimizing these fees can have a significant impact.
Miscellaneous Costs:
Ensuring compliance with network rules to avoid penalties and optimize loyalty and attrition fees.
Reducing Unnecessary Costs:
Identifying and eliminating inefficiencies in scheme billing and transaction processing.
Improving Operational Efficiency:
Streamlining processes such as customer interactions, IVR systems, and reconciliation workflows.
Freeing Resources for Growth:
Savings can be redirected toward revenue-generating activities or innovation in products and services.
Sustaining Competitive Advantage:
Ensures competitive pricing for customers while maintaining profitability for issuers.
