THE MICA WAY
Performance Comparison
Features
Traditional
Revenue Recognition
3-90 Business Days
Real-Time
Security
SPII = fraud exposure estimated (over $560B in North America per year)
No SPII = no payment or account takeover fraud
Value Added Services
No value added services
Expanded consumer purchasing power
None of the above
Multi-tender payments including coupons, closed loop & loyalty earn & burn
Universal Account Reach
Bespoke to a single tender type and use case per network
Agnostic to the source of value; debit, credit, loyalty, crypto, etc.
Ease of Integration & Maintenance
Thousands of ISO messages requiring bi-annual recertification
A handful of APIs (one time)
Margin Accretive
Only profitable for banks
More profitable for banks, exchanges and merchants
