openPR Logo
Press release

Smart Dynamic Routing with Automated Payment Processing

04-24-2018 01:09 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Techforceinfotech



SMART DYNAMIC ROUTING is a web application which built to identify the best possible payment gateway based on incoming transaction details, merchant preferences and past performance of payment gateways. This is built on rule based engine which allows to automate the gateway selection process as per various rules and their precedence.

One of the biggest factors that can influence Fintech Industry ( cart / E-commerces / etc...) is the failure of transactions. It is commonly experienced that when we are making an online transaction, suddenly something goes wrong and the transaction fails due to unknown reasons. What are those reasons and what is the best way to control them? Smart Dynamic Routing is one of the most innovative and smart payment gateway solutions that positively impacts the transaction success rates of an online business and helps the online customer breeze through the entire process of buying.

Techforce Infotech having a technical experts which provides innovative solutions to existing and new customers to create and adjust smart routing rules, ensuring fast and reliable implementation.


1. Find the best approach for single integration with all multiple gateways.

2. Work on a strategy which helps saving processing fee.

3. Use of AI for payment gateway integration selection.

Key Features:

1. Manage Merchant Information.

2. Manage Rules for Payment Gateway Selection.

3. Identify the best possible Gateway for the incoming transaction using historic data and configurations.

4. Integration with the external system for Payment Gateway History.

5. Role-specific features.

Key benefits:
1. Implemented the SMART DYNAMIC ROUTING SYSTEM to achieve one stop for all payment.
2. No need to integrate with multiple Payment Gateway.
3. Automatically routes of payment gateway base on Transaction.
4. Clients do not need to change the system while Payment Gateways upgrade or the API.
5. Multiple Currency Processing.

Top Benefits Achieved
1. 75% Improvement in transactions success rate.
2. 45% less processing fee while configuring another payment gateway.

Techforce Infotech is an India based open source consulting company providing easy payment gateway integration, solutions and services. We are offering best Fintech services in USA, UK, and India. We have experienced development team that produces custom web applications of any complexity for small & large businesses."

403, Venus Benecia, Bodakdev,Ahmedabad - 380053
+91 (79) 48904529

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Dynamic Routing with Automated Payment Processing here

News-ID: 1027758 • Views: 668

More Releases for SMART

Smart Solutions
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
Smart Mirrors
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Watch: Purchase Drivers
ReportsWorldwide has announced the addition of a new report title Smart Watch: Purchase Drivers to its growing collection of premium market research reports. This ‘360 View Update’ assesses the current state of the smart watch market. It quantifies how consumers purchase, use, and think about both smart watches and traditional watches. Findings help smart watch manufacturers, traditional watch manufacturers, and app developers refine their business strategies at this pivotal time in
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency
Smart Cities
By 2050, the world's population is expected to reach nine billion, with over two thirds of people living in cities. On Tuesday, December 9, ICT and sustainability experts will convene at the German Center for Research and Innovation (GCRI) in New York to discuss future solutions for urban systems. NEW YORK (December 3, 2014) – Urbanization, globalization, demographic and climate change are continually placing higher demands on our cities. How will