The Platform

Innovative technology
for Issuer-Merchant collaboration

Kipp bridges the gap between issuers and merchants to unlock revenue from declined transactions. Merchants satisfy an Issuer’s risk appetite by paying a % of the transaction value to authorize payments that would have otherwise been declined for NSF.

How it works

Step 1: Issuers Set the Rules

 

On the Kipp platform, issuers create customized rules to determine which transactions they’re willing to approve—even if they would normally be declined.  

  • Rules are based on factors like:
    • Cardholder score: credit score or affordability score.
    • Over-limit amounts: How far over the limit the cardholder is.
    • Merchant Category Code (MCC): The type of merchant involved.
    • Any other parameter: An issuer can use any other data point related to the transaction or cardholder
  • Issuers set an Ask Price (a percentage premium fee) they want merchants to pay them for approving these transactions.

Step 2: Merchants Set Their Bid Price

 

Merchants login to the Kipp platform with minimal setup:

  • Provide their Merchant IDs (MIDs) to identify transactions they want Kipp to support.
  • Define their Bid Price: the percentage premium they’re willing to pay to avoid declined transactions.

That’s it-no API integration or sharing of sensitive data is required!

 

Step 3: Real-Time Collaboration

 

Here’s how Kipp connects issuers and merchants in real-time:

 

1. Transaction Decline Trigger:

 
  • A customer or merchant initiates a payment.
  • The issuer assesses the transaction and determines it would normally be declined due to insufficient funds or credit limit exceeded.

2. Issuer Contacts Kipp:

 
The issuer sends a secure API call to Kipp to check if the merchant is enrolled and their Bid Price matches the issuer’s Ask Price.

3. Kipp Merchant Check:

 
 If the merchant is enrolled with Kipp and their Bid Price meets or exceeds the issuer’s Ask Price, Kipp facilitates the approval.

4. Transaction Approved:

 
 The issuer authorizes the payment, the merchant avoids a lost sale, and the customer enjoys a seamless checkout experience.

Avoid insufficient funds declines

Card issuers request a 2.7% premium. Kipp advises authorizing the transactions and commits to paying the issuers. Merchants are willing to pay a 4.0% premium

API Integration

Kipp’s solution requires API integration with the card authorization platform.

API Integration to Card Issuer

Why Use Kipp?

For Issuers:

  • Monetize transactions you’d normally decline.
  • Lift your authorization rates
  • Fewer declined transactions mean smoother shopping experiences for cardholders

For Merchants:

  • Avoid lost sales with no technical complexity.
  • Boost your Approval Rates.
  • Simply set your Bid Price and let Kipp handle the rest.

Get Started with Kipp

Issuers: Contact us to set up your rules and start approving transactions you’d otherwise decline.

 

Merchants: Log in, provide your MIDs, and set your Bid Price to reduce declined payments today!

Let’s talk

Ready to transform your declines into a new revenue stream?

Contact sales