Businesses are now able to use artificial intelligence (AI) to pay worldwide after payment service organizations launch new services World Line.

Payments are routed through the acquirer and choosing the most appropriate payment results in increased authorization and optimization costs. Traditionally, choosing the right acquirer quickly would be a challenge, but with a new world solution, merchants can choose the best payment route in real time by analyzing transaction data, thereby improving conversion rates.

Some pilot merchants have authorization rates of more than 2% (based on the ruled route). Existing rules-based solutions will deal with low routing swap fees acquirers that trade their routes, with one client witnessing a revenue growth of €163,000.

Khalil Campthe person in charge of sharing services World Linecommented: “Through an AI-driven route, we increase licensing rates by making smarter decisions and unlocking new revenue for our customers. On the world line, we see payments as a growth driver for businesses, and with this solution, we are delivering that commitment. Our goal is to promote businesses to achieve new levels of efficiency, savings and optimization.”

Adjust to meet consumer operational needs

By increasing authorization rates and reducing costs, World Line Help customers maximize profit margins. The solution provides a two-layer routing strategy that combines the reliability of predefined rules with the adaptability of machine learning. This allows businesses to adjust their payment process to meet specific operational needs.

Key features of a complete solution include:

• Omnichannel Features: Rules-based services can be used in online and store transactions from multiple touchpoints.
• Globally: Supports multi-currency, multi-main environments with intelligent cross-border payment processing.
• AI-driven routing: This feature uses global online businesses that select the most favorable acquirer, thereby improving conversion rates.

Global e-commerce customers have already used Worldline’s AI-based solutions and will soon be used in other global payment platforms.