Adyen’s Intelligent Payment Routing Cuts Costs by 26% and Boosts US Debit Payment Performance
Hey FinTech Fanatic,
Adyen has just launched its AI-powered solution, Intelligent Payment Routing, for U.S. debit transactions, designed to enhance revenue while cutting costs. In a recent pilot with major merchants like eBay, Microsoft, and 24 Hour Fitness, Adyen achieved an average of 26% in cost savings and a 0.22% increase in authorization rates.
The solution offers several key benefits:
- Easy Adoption: No extra coding required—simply toggle it on and start saving.
- Improved Performance: Boosts acceptance rates while lowering costs.
- Omnichannel Capable: Works seamlessly across online, in-store, or in-app purchases.
- Speed & Efficiency: Optimizes without compromising transaction speed.
- Network Agnostic: Routes payments across the most cost-effective networks.
As debit card usage continues to rise, this innovation offers a timely way to streamline costs and improve efficiency for merchants.
Cheers,
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