In the era of digitalization and automatization there are processes
we still prefer to manage personally, even if there are numerous money- and
time saving solutions to help us. Banking and financial administration are like
this. Why aren’t we more open-minded to solving these with online solutions and
mobile apps which could save us a lot of time?
Companies working in accordance with tightening controls of
data protection and the PSD2 (Second Payment Services Directive) offer
high-level, time-saving financial services with a lot of advantages.
There are many online solutions with accompanying apps which
are safely and securely connected to banks. More and more people use some type
of online banking services and an increasing number of them use apps for
managing everyday financial tasks.
These apps can be used for simple mobile banking, money
transfers, online shopping, online loans,
dealing with crypto currencies, etc.
The solution developed by RECASH works in everyones’ best
interest: the free app monitors users’ spendings, the AI tracks and learns
consumer habits, so it can provide better shopping recommendations. In case of
visiting these shops they won’t just save money on daily shopping, but they will
also receive cashback. Nothing more is required from the user – no trouble with
different loyalty cards, coupons, QR codes, etc.
On the other hand RECASH is a unique supracompetitive marketing
tool based on AI that targets the competitors’ customers directly.
RECASH is exceptionally well designed and easy to use, quick
and simple. The app can upgrade any bankcard to a cashback card with the user’s
permission. The company is a certified Account Information Service Provider (AISP),
regulated by the Second Payment Services Directive (PSD2) and supervised by the
National Bank or the financial authority in each country.
This also means that the app is
authorized to receive the real time banking data of the user.
RECASH is developed to analyse the user’s profiles comprehensively.
It detects transactions made at competitors’ stores. In that case, RECASH sends
targeted offers and draws attention to better deals at partners’ stores and to possible
cash repayments.
Beside finding and targeting the competitors’ consumers, it lowers
the cost of client-acquisition and offers essential data to help you understand
your consumers better.