Payment services provider Worldline has introduced an AI-enabled routing solution designed to enhance payment authorization rates for businesses.

AI-Powered Payment Routing Solution

Following successful trials, Worldline’s new solution has reportedly increased authorisation rates by over 2%, building upon the 3% improvement achieved through its rule-based routing system.

Worldline’s routing solution leverages AI to analyze transaction data and select the most optimal payment routes in real time. This strategy aims to boost conversion rates while keeping transaction costs low, contributing to increased revenue for businesses.

The dual-layered approach of Worldline’s service combines the reliability of predefined rules with the adaptability of machine learning. By doing so, it enables companies to tailor their payment processes according to specific operational requirements.

• The solution supports omnichannel features, allowing businesses to utilize the rule-based service across various touchpoints for both online and in-store transactions.
• Worldline’s routing is global, offering multi-currency support and a multi-acquirer environment with intelligent cross-border payment handling capabilities.
• The AI-enabled routing feature helps select the most favorable acquirers, thereby boosting conversion rates.

Worldline’s new service is already in use by global e-commerce customers and will be made available to other payment platforms. This move reinforces Worldline’s role as a key player in the global payments industry, focusing on intelligent transaction management.

The launch of this solution comes after Worldline’s partnership with commercetools, which aims to enhance payment solutions for e-commerce businesses. The collaboration allows customers using commercetools to benefit from a range of Worldline’s payment solutions, including local payment methods and real-time transaction monitoring.