FXC Price Engine
It combines our International Payments Pricing Data, covering 17,000+ corridors, 175+ countries and 250+ players, with your own costs, transaction flows and pricing governance.
Pricing teams manage hundreds of corridors, each with its own competitors, costs and margin targets. As competitors move and partner costs change, our FXC Price Engine gives your team a daily view of where every corridor sits against the position you want. Setup is fast and guided: we set-up your strategy and connect your data during onboarding so your outputs are ready to download from day one.
FXC Intelligence provides some of the best data and insights on the cross-border payments industry globally.
Matt Oppenheimer,
Chairman and Co-Founder
Our clients are industry leaders
FXC adds additional colour and context to the movement of money across borders. It comes with a very independent view and gives insights to banks like ours.
Rachel Whelan
Managing Director, APAC Head of Corporate Cash Mgmt & Global Head of Payments & TFX Product Mgmt
What does the FXC Price Engine include?
- Rank: where you sit today and the rank your strategy targets
- Price: your current price, split into FX margin and fee, next to the engine price and the difference between them
- Revenue per transaction: at the engine price, and the change versus today
- Driver: why the output moved, such as a competitor price change or a change in your own costs
- Product: set unique pricing strategies across different FX products such as spot payments and multicurrency accounts
- Client segment: segment pricing and strategies by customer type, such as new customer vs. repeat or bespoke segmentations
- Status: on target, off target or capped by one of your guardrails
- Priority: corridors with the most flow that are off target come first
You stay in control
- Compare your data with ours: it brings together your costs, transactions flows and pricing governance for fully tailored analysis
- Your competitors, by region: choose the competitor set you measure against and vary it by geography
- Guardrails: set minimum and maximum prices by corridor and send-amount band, with a global rule covering everything else
- Compare before you act: switch between strategies to see how each would price the same corridor
- Promotional pricing: run a promotion for new customers or chosen segments as a separate strategy alongside your core one and see its revenue per transaction impact
- Your systems, your call: download the outputs and apply them in your own pricing systems
starts here.
The FXC Price Engine in practice
How a cross-border payments provider uses the FXC Price Engine to consistently offer the most-competitive option in a corridor
The challenge
A cross-border provider aims to be the most-competitive option in its competitor set across its highest-flow corridors. As competitors adjust their FX margins and partner costs change, keeping track of where each corridor sits takes up much of the pricing team’s time, and gaps can stay open longer than they would like.
The solution
FXC Intelligence sets up the provider’s strategy during onboarding and connects its costs and flows. One morning, the FXC Price Engine lists one of the provider’s highest-flow corridors at the top of the priority list. The driver shows a competitor has narrowed its FX margin, moving the provider from first to third. The output shows the engine price that would restore first place and the change in revenue per transaction at that price.
The result
The pricing team sees both the competitive gap and what closing it would mean for revenue on the same screen. It applies it in its own pricing system, working from the corridor that matters most first.
How a cross-border payments provider holds its market midpoint position without leaving revenue on the table
The challenge
A cross-border provider wants to sit at the market midpoint in its competitor set across most of its corridors. When competitors raise their prices, it is hard to spot which corridors have quietly fallen below the midpoint, so the provider can end up charging less than its strategy requires without realising it.
The solution
FXC Intelligence sets up the midpoint strategy during onboarding and connects the provider’s costs and flows. The FXC Price Engine flags a high-flow corridor as off target. The driver shows that two competitors have raised their fees, leaving the provider priced well below the midpoint. The output shows the engine price that would return the corridor to the midpoint, the change in revenue per transaction at that price and confirms it sits within the maximum guardrail the team has set for that send-amount band.
The result
The pricing team sees that holding its intended position would increase revenue per transaction in that corridor, without moving outside its own limits. It applies it in its own pricing system.
How a cross-border payments provider weighs its market position when partner costs rise
The challenge
A cross-border provider holds the lowest price in its competitor set across several high-flow corridors. When a payout partner raises its fees, holding that position becomes more expensive, and the team needs to know whether it is still worth it before deciding what to do.
The solution
When the provider’s latest cost inputs are updated, the FXC Price Engine shows lower revenue per transaction in the affected corridors, with the driver marked as a change in the provider’s own costs. The team runs a second strategy alongside the first, pricing those corridors at the market midpoint instead, and compares the two. For each corridor, it can see the rank, the engine price and the revenue per transaction under each strategy side by side.
The result
The pricing team evaluates both options and decides to hold the lowest price in the corridors with the most flow and move the rest to the midpoint.
Frequently asked questions
You need to know what competitors charge in each corridor, split into FX margin and fee, alongside your own costs, your transaction flows and the market position you want to hold. The FXC Price Engine combines FXC Intelligence’s daily competitive pricing data with your cost inputs, such as payout partner fees or card scheme fees, and your flows. FXC Intelligence sets up your strategy during onboarding, and you set guardrails by corridor and send-amount band, so every output shows your rank, the engine price and the change in revenue per transaction.
The FXC Price Engine is a cross-border pricing platform that calculates, every day and for every corridor, the engine price that meets your chosen market position and its effect on revenue per transaction. It combines FXC Intelligence’s daily competitive pricing data with your own costs and transaction flows.
The FXC Price Engine ranks your current price against your competitor set in every corridor, every day. Each output shows your current rank, your target rank and the engine price that would meet it.
Spreadsheet pricing depends on someone collecting competitor prices and updating each corridor by hand. The FXC Price Engine starts with FXC Intelligence’s daily competitive pricing data and produces an output for every corridor every day, with off-target corridors listed by flow.
FXC Intelligence International Payments Pricing Data, covering 17,000+ corridors, 175+ countries and 250+ players, combined with the cost inputs, transaction flows and pricing governance you provide.
Pricing and product teams at money transfer operators, banks, payment providers and fintechs, including providers serving other financial institutions, payment companies and marketplaces.