GlobalOne announces wide release of its Smart Transaction Routing engine
Customizable smart routing rules now available to all clients using GlobalOne's payment gateway and acquiring platform
Las Vegas, Nevada, November 3, 2014 – GlobalOne, a division of Pivotal Payments, a leading provider of merchant services and global payment processing solutions, today announced wide release of its Smart Transaction Routing engine. This rules-based engine, now available to all merchants using the GlobalOne gateway, is designed to improve profits and identify cost reduction opportunities by intelligently routing transactions to the most cost-efficient acquirer, increasing authorization rates and minimizing risk.
Benefits of GlobalOne's Multi-Currency Global Payment Technology and Smart Transaction Routing engine include:
- Connectivity to over 130 worldwide networks and banks with a single integration.
- Optimizing interchange, allowing merchants to qualify for lower rates as often as possible.
- Better managing transaction traffic through multiple jurisdictions for ease of entry into new markets.
- Automating volume throttle between merchant accounts, ensuring it never exceeds the limit permitted by the processor.
- Multi-currency pricing with access to over 60 foreign currencies and alternative payment options.
- Providing international clients with a local shopping experience, for improved client satisfaction and loyalty leading to less shopping cart abandonment and repeat business.
- Reducing losses associated with potential cardholder fraud.
The acquiring platform will allow merchants to localize in different countries or regions, with the routing rules assisting in better managing transaction flow. Merchants can configure the Smart Transaction Routing engine and apply rules in real-time, allowing them to track results and further tailor them to their needs. Rules can be combined with a unique setup for multiple MIDs, ensuring ultimate customization. GlobalOne's Client Solutions experts will work with existing and new customers to create and adjust smart routing rules, ensuring fast and reliable implementation.
"We're excited to launch our Smart Transaction Routing engine across our entire client base, providing unprecedented value along with our other global ecommerce solutions," said Patrick Huynh, Head of GlobalOne. "GlobalOne has helped card not present merchants successfully grow their market presence worldwide, and in the process has significantly improved their revenues."
Patrick Huynh, along with other executives from GlobalOne and Pivotal Payments are exhibiting at this year's Money20/20 event in Las Vegas, from November 2 to 5, at booth 703.
GlobalOne is a powerful payment gateway and global acquiring platform that helps merchants increase revenue, reduce operating costs and reach a global clientele. A single point of integration provides access to 60+ processing currencies, connectivity into 130+ networks and banks and the ability to accept all major forms of electronic payments, including local and alternative methods. Intelligent transaction routing, interchange optimization and a host of revenue generating technologies such as recurring billing, decline recycling and an automatic account updater are built directly into the payment gateway. GlobalOne is a division of Pivotal Payments, serving more than 70,000 customers and processing over US $12 billion in annual bankcard sales volume. Learn more at www.globalone.me
Money20/20 is the world's largest event enabling payments and financial services innovation for connected commerce at the intersection of mobile, retail, marketing services, data and technology. With 7,000 attendees, including more than 600 CEOs, from over 2,250 companies and 60 countries, Money20/20 is critical to realizing the vision of disruptive ways in which consumers and businesses manage, spend and borrow money. The next Money20/20 will be held on Nov. 2-5, 2014 in Las Vegas, and will be preceded by the Money20/20 Hackathon, which runs Nov. 1-2. To learn more about Money20/20, visit www.money2020.com.
For further information:
1 866 693-2000 x8001
Money 20/20 media contacts:
Kevin Maher / Alyssa Scott