Analyzing this data, Wisely tells the consumers which is better place to shop or dine and how popular and expensive is the place. It tries to provide these insights based on three parameters: Average transaction amount: This is an indicator of the expensiveness of a place. Number of paying customers: More the number of paying customers, higher is the popularity of the place. Percentage of repeat customers: This indicates the quality of service offered by the place, since customers will only come back when they are satisfied with the service. Wisely tries to provide this data to its consumers before they visit a place

Wisely, Unique Platform to Provide recommendations based on Transaction Data - Lets Talk Payments Thursday, December 5, 2013 @ 12:37pm