Over the past 18+ months, our BANYAN team and the Ethoca team at Mastercard have collaborated to stand up the infrastructure to enable Banyan partner merchants to securely and seamlessly connect with Ethoca’s network of 5,000+ financial institution partners.
📣 Good news: It’s now turnkey for Banyan partner merchants to activate Ethoca’s services—reducing transaction confusion and streamlining disputes and chargebacks resolution with no extra lift.
Why this matters: Disputed transactions in the U.S. are projected to surge to 147 million by 2026—a 40% increase from 2023—costing merchants and financial institutions billions. 🤯
One major culprit: a lack of transaction clarity.
By securely sharing merchant-permissioned item-level receipt data through our platform with Ethoca’s network, we’re tackling confusion at its source. The results:
✅ Clarity: Fewer friendly-fraud disputes thanks to clear transaction details
✅ Savings: Reduced operational costs for merchants and financial institutions
✅ Better Experiences: A smoother, more transparent journey for all—merchants, banks, and their customersAnd the best part? Partner merchants get all these benefits with zero additional work.