Intelligent Routing

Dynamic payment routing is a key feature in multi-provider setups, giving you more control over your payment strategy. It calculates the best route across banks and MIDs, configuring real-time rules to track results and adapt possible scenarios depending on client needs. Dynamic payment routing allows you to customize your payment flows, implement flexible load distribution, lower transaction costs, and use fall-back routing and cascading if a provider is unavailable. 

To process a transaction, every component in the payment ecosystem must work in tandem. Acquirers, issuers, payment providers, and others must cooperate to ensure an optimal payment process. What looks simple to the end customer and only takes seconds to complete results from a complex interplay between multiple connected stakeholders.

Interruptions to your payment processing result in declined transactions, checkout abandonment, and lower customer retention. A multi-acquirer setup provides a seamless service that protects your revenue stream by integrating multiple payment service providers and acquirers via a single API. You can automatically route transactions through another provider if one service provider is unavailable (e.g., for technical reasons).

Enterprise merchants with access to multiple payment integrations to acquirers, PSPs, gateways etc., can increase payment acceptance rates and lower processing fees. A multi-acquirer setup is the best practice for both regional and global merchants. It provides flexibility and independence, protecting payment flows from unexpected outages or surprises.