Card Payment Optimization
Don’t leave any money on the table. Let Bankhawk help you optimize your card payment operations.
Merchant Card Fees Audit
The Payments Industry is evolving rapidly, with rules and charges changing quickly to keep up. How do you know you're paying the correct fees for the proper transactions? How do you know your interchange and network fees aren't inflated?
Most merchants have to trust their acquirer or processor. We don't.
Our independent analysis will identify inflated fees you've paid historically and work with you to recover the same and reduce fees going forward.
Merchant Card Fees Optimization
Working with Bankhawk means your costs are optimized now and into the future. You’ll also receive industry-leading expertise and service.
What sets us apart? We look at the total cost of ownership, not just mark-ups or processing fees. We’re also immune to the hidden practices and confusion surrounding swipe fees.
Whether you're looking to optimize the relationship with your existing service provider or discover additional leading vendors to meet your requirements, our priority is always getting you, your team, and your customers the best outcome.
Optimize Sales Conversion
Most merchants leave a lot of money on the table. That’s because there are so many ways customers can fall through the cracks and become another failed payment statistic.
Perhaps your 3-D Secure (3DS) strategy is causing customer drop-offs. Maybe your fraud tools are leading to too many false positives. Or, perhaps you don't offer the right mix of payment methods.
Then, there’s understanding and meeting customer expectations seamlessly. And what about meeting issuing bank expectations with the data you provide?
Our experts help you to identify and prioritize where you're losing revenue and customers to recover millions.
Optimize Fraud Prevention
On the one hand, fraud threats are becoming more sophisticated, putting merchants on the back-foot either stretching resources or impacting accuracy. On the other hand, more and more individuals are gaming the chargeback system to avoid paying for items or abusing refunds and other policies.
It's an absolute requirement in 2024 to have robust fraud tools in place to avoid becoming an easy target for both professional and recreational fraudsters.
Bankhawk helps merchants implement the latest solutions and practices designed to stop fraud in its tracks.
Optimize FX Margins
While modern commerce and logistics tools have opened up international markets to merchants looking to grow their volumes, it's also brought a bunch of new problems. Hidden FX and conversion fees, multi-currency pricing, and hidden bank fees related to multi-currency management can add up to significant losses without merchants even realizing, putting a hole in their profitability.
Bankhawk's clients avoid all the pitfalls of cross-border selling, making sure their margins are maximized on every sale.
“Based on their success in helping to deliver cost savings elsewhere in Selfridges Group, we engaged Bankhawk to help us to identify and deliver savings in our banking and payment costs.
These have so far led to working capital savings and the negotiation of reduced card fees, with Bankhawk also helping to project manage the implementation of the initiatives. I would be happy to recommend Bankhawk.
They have helped us to navigate the complex world of payments and put us on a path towards building a clear strategy to manage and optimize relationships with our payment providers.”
— Katrina Nurse, Finance Director at Selfridges & Co.