OTP Bank has joined forces with Tapix to enhance its data services, aiming to offer customers a safer and more efficient digital banking environment.

After this announcement, OTP decided to streamline its service providers by relying solely on Tapix for its data needs in order to improve operational simplicity and strengthen its digital banking infrastructure.

With a single provider, OTP Bank aims to benefit from broader merchant coverage along with additional details such as names, categories, GPS coordinates, carbon footprints, or phone numbers. This consistent data enrichment is anticipated to reduce the need for customer support and provide both current and future digital features with reliable information.

Details of the OTP Bank & Tapix Collaboration

According to the official statement, OTP’s choice to consolidate its data providers aligns with its broader digital strategy. This approach is designed to continuously improve services for partners and users while ensuring that all features are supported by trustworthy and high-quality information.

Both companies will continue to focus on meeting customer needs, preferences, and demands in an ever-changing market. They also prioritize compliance with industry regulations and laws.

The consolidation is expected to increase the overall security and efficiency of OTP’s digital bank and its suite of solutions. By integrating Tapix’s services, the financial institution will have a unified data foundation that supports a range of functionalities from carbon footprint insights to spending analyses.

This partnership is also expected to enable customers to enjoy more secure, transparent, and dependable transactions.