Use Case
Green / CO2 neutral bank account
Key features
- Account statement shows CO2 impact of spending categories and individual transactions
- Tailored content on sustainable consumption and ways to reduce footprint
- Compensate carbon footprint with curated donation partners or invest in ESG products
- Integrate incentive schemes or community challenges based on impact reduction or compensation volume
- Bank account could be CO2 neutral through a monthly fee (i.e. offsetting an average citizen)
Integration requirements
- Frontend API/ SDK integration in mobile banking UI
- Backend connectivity via ecolytiq API, PSD2/ Open Banking or VISA API
- Short cut: Hybrid solution
Benefits
- Increased app engagement and customer retention
- Up- and cross-selling of in-house green banking products
- Integration of existing loyalty & incentive schemes