Provided within Tink’s Consumer Engagement offering, Merchant Information allows banking app transactions to be shown with a clear brand name, logo, location, and merchant contact details, which intends to minimise the need for consumers to contact their financial institution to enquire about payments they do not recognise. In addition, the solution is set to optimise card and non-card transactions, offering consumers a detailed understanding of their spending. Tink’s Merchant Information comes as an addition to the company’s existing data enrichment features, including categorisation, recurring transaction prediction, and CO2 emissions.
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