Here’s how issuer banks and merchants can approve more legitimate transactions without adding risk

Kipp’s authorized transaction technology accomplishes four main goals:

1. Enables merchants and banks to predefine acceptable risk rules and policies for various scenarios.
2. Quantifies the risk in proportion to the transaction value.
3. Assesses and approves more low-risk transactions that are financially acceptable to both parties.
4. Keeps customers satisfied and the money coming in.

Kipp’s AI engine enables banks to quantify risk by assessing various risk factors on each individual transaction. Data is the key to minimizing risk and to increase transaction approval.

The issuer bank’s risk policy provides the guidelines to help define the level of risk for every transaction.

From an easy-to-digest dashboard, issuer banks can explore the different transactions, recuperated purchase amounts, recovered purchases, and top merchants.

We help merchants and banks find the right balance between risk and reward with the help of rich and insightful data processing in real-time.