Ecolytiq, a German SaaS provider that enables banks to calculate their customers’ carbon footprint, has partnered with TapiX, an API-based solution provider of payment data, to measure carbon footprints of consumer spending.

The partnership enables TapiX’s consumers to access Ecolytiq’s carbon footprint technology, which calculates and offsets carbon footprints of payment transactions. 

Moreover, the collaboration will provide consumers with the personalized categorization of payment data, including the merchant’s name, brand logo, location, and URL. This would provide consumers with better insights into the carbon footprint of their spending habits.