Online vendors and subscription services represent a big opportunity for financial institutions (FIs). By ensuring their payment cards are being used for these purchases and renewals, FI can generate significant interchange revenue. Q2 is actively developing ways to push FIs’ cards to the top of consumers’ wallets, helping drive engagement and revenue.
This executive summary highlights Q2’s innovations and strategies for creating these top-of-wallet opportunities, and includes a demonstration of Q2 CardSwap™—a product that reduces friction around updating payment card information for digital vendors and encourages consumers to make your FI’s card their go-to recurring payment method.