Affluence Indicators
Within the Litle XML Authorization response, consumers using enhanced card products are classified as either mass affluent or affluent based on their level of income or level of income combined with high-spending behavior. Having this information at time of authorization allows merchants the opportunity to adjust their sales approach and potentially generate additional sales.
What Affluence Indicators Can Do For You
• Analyze the buying patterns of affluent cardholders within your base
• Upsell to affluent cardholders
• Optimize your marketing strategy with business intelligence data
How Can I Get Started?
Contact your Litle & Co. representative and we’ll explain the benefits of Affluence Indicators and help you analyze their fit for your business.
Practical Payments
Ten Approaches to Consider in Card-Not-Present Transactions
