For many banks, pricing flexibility is limited for TFX or cross-border payments with no relationship pricing capabilities, and limited pricing variation across customer segments and attributes. Meanwhile, monoline non-bank disruptors are gaining share in this profitable segment of the payments industry.
Increase pricing precision and offer relationship pricing for TFX and cross-border payments to create a competitive value proposition and grow share of transactions in this competitive space.
Zafin’s product and pricing platform allows banks to calculate base rates for TFX based on defined business rules, then customize rates for customers or segments based on customer or segment attributes. Consistent application of well-defined rules ensures fair outcomes for all clients. In addition, Zafin’s pricing engine creates a comprehensive, accurate data trail for audit and compliance purposes.