How does the Recommendation Engine work?

AI-powered Recommendation Engine analyzes up to 10 parameters to prioritize the preferred payment options for the customer

1

Success rates at a pay mode/transaction level

This module will give the order of pay modes with the best possible SRTs and transaction share​.

2

Customer's EMI/BNPL eligibility status

This module will give the order of pay modes with the best possible EMI/BNPL eligibility status.

3

User past transaction history

This module analyses the past user transaction history based on the preferred payment modes.

4

Merchant Selected Goal

This module keeps into check the goal chosen by the merchant and optimizes the results basis the goal.

What are the benefits of using Recommendation Engine?

Optimize business outcomes

Choose from the goals: Improve Success Rates, Reduce Cost of Transactions or Promote Affordability.

Personalized customer experience

Help your customers make decisions faster by showing the preferred payment mode first.

Improve checkout conversions

Recommendation engine can boost success rates by up to 5%* and reduce drop-offs at checkout.

Activate Recommendation Engine in 2 simple steps

1

Connect with us

Connect with your Bigone Pay account manager.

2

Hassle-free APIs Integration

Checkout the extensive API suite details available for you on our Bigone Pay devguide.