miMerchant enables Financial Service Providers (Merchant Acquirers) to engender loyalty among merchants through the levy of appropriate fees based on a combination of business attributes including merchant type, relationship value, number of outlets, transaction volumes, equipment type, time of transaction etc.
miMerchant helps Financial Service Providers attract new merchants and retain existing profitable merchants by providing innovative services such as group based and relationship based calculation of fees. Specific loyalty programs can be launched with merchants, where transactions conducted at the merchant outlet result in merchant specific points or rewards. It provides a single view of a merchant's relationship with a single statement across various outlets, ensuring that the merchant appreciates the value of their entire relationship with the Financial Service Provider. It also provides a configurable billing facility at the merchant and group level.
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