You are looking for a provider that routes transactions to the best acquiring bank to ensure maximum payment success: Nexway Monetize helps you optimize acceptance rate with “Smart routing”
Besides the frictionless shopper’s buying process which is designed to improve the conversion rate, it’s now important to make sure the payment will be accepted at the end of the process. Nexway Monetize is the key with its intelligent payment routing feature “Smart Routing”.
Smart Routing is a flexible payment solution that connects your transactions to the PSP where it is most likely to succeed, leveraging all our historical data to find success patterns.
By connecting our merchants to a global network of PSP, our All-in-One Payment Platform is designed to get you the best payment conversion rates using intelligent payment routing.
Our Smart Routing feature helps you increase your payment success rates:
• Route the transaction to the best PSP based on AI and machine learning algorithms.
Matching your transaction details (characteristics about your company and your shoppers, depending among other information on location, type of product and service, currency and card type, as well as regions of the world you are selling into) with the success patterns.
Matching your transaction details (characteristics about your company and your shoppers, depending among other information on location, type of product and service, currency and card type, as well as regions of the world you are selling into) with the success patterns.
• In case of a transaction fails, it is automatically routed to a different PSP to be retried. All retries happen in real-time and are invisible to the shopper.
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