Introducing transformer
Intelligent bank recognition
When a shopper chooses to pay by bank-issued debit or credit card at the checkout, Transformer intelligently recognises who they bank with.
A prompt then facilitates the switch to a real-time open banking payment, which is more cost effective for you and faster, easier and safer for your customers.
Shifting preferences
Why it’s needed
Merchants are lumbered with high card interchange fees, but they shouldn’t be. Open banking payments are their natural successor.
Card payments, though, are habitual for shoppers. Transformer is what’s needed to help them realise the benefits of choosing open banking.
seamless switch
Powerful prompts
The beauty of Transformer lies in its prompts, which help shoppers make a seamless switch to a superior payment method – at the perfect moment.
Repeat purchases
Shoppers keep coming back
Our data shows that 80% of shoppers who try open banking payments make repeat purchases, using the same method, within one month.
Fast, easy
How it works
Key benefits
Save money,
delight customers
Transformer liberates businesses from unnecessary fees while helping customers realise the benefits of open banking payments.
Value
Bypass excessive debit and credit card interchange fees.
Loyalty
Showcase a payment method that shoppers keep returning to.
Speed
Real-time settlements: no more waiting for days.
Conversion
Improve conversion by providing a faster, easier way to pay.
Fast, easy
Transformer use cases
Travel
OTAs & airlines
With high ATVs, online travel agents and airlines really feel the sting of high interchange fees. They also have the inevitable headache of customer cancellations and refunds.
Transformer facilitates the switch to real-time open banking payments and refunds – which dramatically accelerates cashflow.
Entertainment
Online gaming
Card deposits and withdrawals are the norm in online gaming. But their slow settlement times make prompt payouts tricky.
This isn’t good for gaming merchants or gamers. Transformer, however, offers seamless access to a superior alternative.
Transport
Car rental
Car rentals and longer-term subscriptions have established themselves as alternatives to car ownership – but high interchange fees mean merchants are feeling the pinch.
Transformer helps motorists understand that there’s an easier way to pay; one that, by virtue of near-instant settlements, gives them more control of their money.
Retail
E-commerce stores
Large retailers make thousands of sales every day. Imagine how much they could save on interchange fees if their customers were offered a seamless switch to open banking payments.
Smaller, specialist retailers with high ATVs also suffer. Why should they get disproportionally stung whenever they make a sale?
Products
Our product suite
API integration
By developers,
for developers
Visit our developer hub to find out how to securely and reliably integrate our super gateway via a single API.
Get started now
Join the real-time revolution.
Give your customers a faster, easier and safer way to pay.
