Easily route your payments to POS terminals with the best commissions using PayRoute and save on fees.
*PayRoute™ can be used in businesses that have multiple virtual POS terminals.
The smart routing algorithm can be used in businesses that work with multiple virtual POS terminals. Payroute’s how it works can be understood by taking a look at the following customer scenario.
PayRoute is Paywall’s AI-powered smart payment routing system. This feature analyzes payments and routes them to the most advantageous virtual POS based on the customer’s card number and the commission rates offered by payment providers. In this way, your business maximizes profit on every transaction while optimizing costs.
PayRoute makes your payment processes more efficient, increases your business’s profit margin, and helps you reduce costs.
PayRoute works with the 'Lowest Commission' setting by default once your first Paywall account is created, unless you make any changes.
It supports 4 main routing algorithms.
These supported methods are developed by the Paywall teams according to industry and customer demands/needs, and it can be observed that the available options are increasing. The actively supported methods are:
Lowest Commission:
Based on the commissions and value dates applied to you by your connected virtual POS providers, your payments are routed to the most advantageous providers depending on the details of the incoming payment (card type, card family, installments, etc.), ensuring profitability.
Custom Ordering:
As a result of your company agreements, you may have prioritized POS terminals. In this case, you can rank the virtual POS terminals connected to your Paywall account according to your own metrics, from A to Z.
Example:
1: GarantiBank | 2: YapıKredi | 3: RubikPara | 4: Vepara
PayBalancer:
When you activate PayBalancer, which provides volume-based routing capability, in your Paywall account, your payments can be routed according to your PayBalancer flow. For this, you can set the selection on your PayRoute settings page to PayBalancer and ensure that your payments are routed according to the PayBalancers listed on the screen.
Note: PayBalancer itself has 3 different distribution algorithms. For more detailed information, you can check our PayBalancer page.
RouteTable:
With RouteTable, which allows you to create your own routing map for all your routings, you can configure your routing and, according to this map, you can change your selection on the PayRoute page to RouteTable so that your payments are routed accordingly.
No, PayRoute is one of Paywall’s default algorithms. Once your Paywall account is created, it is ready to serve you seamlessly.
Yes, you can make your virtual POS selection on your side and bypass PayRoute. The required parameters for this process are provided in our integration documentation. If needed, you can get support from our integration engineers.
