“Tom Gerry, founder and CEO of Quaestus Financial Solutions, has built a slide rule for Payments. This is the instruction book on how to use it." Wayne LeRoux, former Executive VP, Paymentech.

Payments Power is a simple, common sense revolutionary approach to find and recapture profits hidden in your payments systems - How you receive and pay money!

The simple truth is you can understand payments. Based on listening to your frustrations, here is the comprehensive framework you deserve to discover profit opportunities and trends in all types of your payments, both money coming in and going out. Unique payments measurements put you in control and let you quickly spot changes, both good and bad, that affect your profits.

Three strategies let you decide how to harvest the profit opportunities you discover, with three implementation stages to continuously manage and improve payments performance - measurable results.

More than a dozen stories of different profit and non profit enterprises improving their bottom lines with Payments Power knowledge.

Co-authoring Simplified Profitability led us to connect important needs in Consumer and Business customers’ Relationship Value.

Currently there are major gaps between Payments and Core systems. To illustrate, here is a Consumer example:

1. Product management wished to design a primary Consumer Checking product with a significant competitive advantage, that would also be more profitable. The key differentiator being considered was a cash reward for each POS Debit transaction.

This should encourage more debit card transactions every month, and hopefully larger average purchases. The Goal is to ensure the bank's debit card is Front of wallet, also increasing Loyalty.

Of course, we had to determine the amount of the transaction reward....
• Too low an amount might not change behavior, so any rewards paid would simply reduce bank profit.
• Too high an amount would also potentially reduce profits if additional revenue was less than the total reward cost.

But - we could not even determine the contribution margin of debit transactions on any of the current checking accounts.

The Core consumer checking account records are missing Debit POS transaction interchange income elements and related payments processing and network costs!

Quaestus Financial Solutions can help your bank bridge this chasm.