E-Commerce very quickly diminishes the physical boundaries and limitations among businesses as well as between businesses and consumers. While this serves to increase the pool of potential consumers, so too does it increase the number of competitors operating and maneuvering in the same space.
Additional features such as consumer loyalty and merchant services may supplement e-commerce offerings in order to secure positive market responses.
VIZARDRY Omni-Channel Digital Banking Platform comes with the ability to integrate with loyalty management and analytics tools. This allows the bank to instantly monitor the liabilities of all parties and reduce the manual overhead of running a loyalty program. Predict customer behavior, anticipate future events, and gain new insights that improve cross-selling, retention and increased customer value.