Zoot merchant acquisition solutions
The concept of a “merchant” has changed dramatically. Consumers are increasingly abandoning cash in favour of electronic commerce and peer-to-peer money transfer services, a transformation accelerated by the pandemic. To remain competitive, businesses must offer their customers the choice of paying for goods and services using credit cards, debit cards, and other alternative electronic payment methods.
This changes the market dynamics for merchant acquisition with a higher proportion of small businesses and self-employed individuals in the portfolio, who may also have limited trading history, alongside more established business profiles. In a highly competitive sector the merchant onboarding process needs to be smart and cost-effective for any type of business.Solution Brochure
Merchant onboarding solution capabilities
Predict the likelihood of fraud-targeted merchant behaviour, bankruptcy, and attrition risk among existing merchants.
Measure merchant compliance with card associations in both organisational and periodic views.
One platform for all merchant types and sizes
All online data sources accessible to plug into risk and profit strategies
Integration with machine learning for deployment of sophisticated predictive models
Our goal with the G2 Compass Score is to help financial institutions grow faster and mitigate more risk upfront. The integration of the G2 Compass Score and Zoot’s world-class credit decisioning solutions accelerates these benefits significantly.