Here’s the translation to American English:
Worldline, a global leader in payment services, has unveiled its innovative AI-based routing solution designed to revolutionize payment management worldwide. This initiative was developed after the successful implementation of pilot tests that demonstrated an over 2% increase in authorization rates at certain merchants, building on a previous 3% improvement achieved with a traditional policy-based routing solution.
The application of AI in this new tool allows for real-time transaction data analysis, resulting in the selection of the most efficient payment routes. This optimization not only boosts conversion rates but also helps businesses reduce costs. Some merchants reported revenue increases of up to €1.63 million after adopting this solution.
The payment routing process is carried out through multiple acquirers, optimizing both authorization rates and associated costs. The strategy combines predefined rules with machine learning, enabling companies to tailor their payment processes according to their specific needs.
Among the notable features of this solution is its ability to operate in an omnichannel environment, applicable in both digital and physical settings, and its global reach, facilitating payment management in different currencies and with various acquirers. Additionally, its intelligent routing capability selects the most favorable acquirers, maximizing conversions.
Khalil Kammoun, Director of Shared Services at Worldline, emphasized that this technology enables smarter decision-making, which not only boosts authorization rates but also generates new revenue for customers. This launch reaffirms Worldline’s commitment to optimizing efficiency, reducing costs, and positioning itself as an innovator in the payment sector.
The new solution is already in the adoption phase by e-commerce clients worldwide, with plans to extend it to other payment platforms, further solidifying Worldline’s commitment to intelligent transaction management.
via: MiMub in Spanish
