Mastercard Launches Subscription Control Solution
Joining forces with Subaio, Mastercard now offers simple, secure way to identify and unsubscribe from recurring payments via banks’ trusted apps and online servicing.
Unlocking Value in the Subscription Economy
Maximise your customers’ value and loyalty through digital solutions based on recurring payments data – completely whitelabelled for your online bank.
Leverage the Growth of the Subscription Market
Increase your customer retention and health by empowering customers with access to a complete overview of their recurring payments giving them control over their financial stability and improving their buying power.
Maximise your Customers' Buying Power
Keep your customers in a healthy financial position to increase their value
Advanced Subscription Management Service for Banks
Together, we unlock new revenue while bringing
loyalty-building services to your customers
Create opportunities for new revenue
Turn your online bank into a new sales channel with relevant, hyper-personal offers rather than just a service platform.
Top of Class Solutions Built for Accelerated Growth
connected subscription services
countries with performed cancellations
accuracy in correct classification of transactions as recurring/non-recurring
precision in classification of recurring transactions
Translate your Data into Useful Services and Smarter Tools
Unlocking New Revenue
Turn your online bank into a sales channel that offers high in demand services and unlocks new revenue streams.
Increasing Customer Value
Empower your customers with the data and insight they need in order to take control of their financial health.
Better Credit Decisioning
Automate the process of mapping out all income and expenses needed for loan applications – highly improving both speed and quality
Decreasing Operational Costs
Increase the value and power of your online bank while minimising the resources and costs needed for managing and handling subscription related disputes, claims and card cancellations.
How Does It Work?
In one single view – completely integrated into the mobile bank – your customers can manage all their subscriptions and other recurring payments.
From here you can go into each subscription or payment to get further details like: monthly amount, next expected payment, card information, yearly average, previous payments.
If you no longer want a subscription, cancelling is easy. Either completely automated or by direct guidance to complete the cancellation yourself with the subscription service.
This subscription management service is the starting point for added services leading to stronger customers and increased revenue.
Check out the solutions here.