Yes, offering De Minimis will increase consumer satisfaction and revenue in the long run.
No, offering De Minimis will decrease OD revenue
Yes, offering opt-in will give consumers overdraft options
No, consumers do not want to overdraw their account
Yes, charging for every deposit transfer will increase the value of the service
No, consumers will turn away from us if we charge
Yes, after a certain amount of transfers
Yes, the higher the price the higher the revenue
No, the low price creates high volume, which increases revenue.
The OD price is not significant. Other checking factors are more important to drive revenue.
No, mobile apps are not in real time and would not prevent an overdraft from occurring.
Yes, the mobile app makes the account more manageable with transfers & deposit remotely.
Yes, different priced channels provide benefit to the consumer and financial institution
No, all prices should be the same