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08-16-2021, 10:50 AM #1
- Join Date
- Nov 2013
- Posts
- 598
The issue is the friction for merchant to get their banks. Offer bank linking like Plaid / Decision Logic. Some lenders will accept it others won't.
You could also create a page interface similar to when client selects their bank via plaid / Decision logic and just lead the merchant to their online banking so they can go straight there and download it. Not every merchant is savvy enough online but the ones that are you will see a big bump on conversion.
Personally, I've seen a 30% increase in conversions providing a bank linking solution.
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08-16-2021, 06:22 PM #2
- Join Date
- Oct 2020
- Location
- Ontario,Canada
- Posts
- 136
I'll check it out thank you - trying to formulate a steadier process of getting apps out and getting signed apps back faster
G
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