Financial NewsProprietary build Flex 3DS Routing solution leads to 9%...

Proprietary build Flex 3DS Routing solution leads to 9% higher success rate – WLPayments

Amsterdam, 18 Aug 2021, ZEXPRWIRE, By adding the WLPayments proprietary build Flex 3DS Routing to their payment flow, merchants experience an increase up to 9% across the board.

The PSD2’s SCA is a significant regulatory development in the market. The amount of attention can also be attributed to the arising issues of 3DS2 implementation. 3DS2 brings many new benefits as compared to 3DS1, but its implementation can be cumbersome and present many challenges in itself.

“At WLPayments, we are constantly looking for innovative solutions to our customers’ payment issues, which is why we developed flex 3DS routing”, says Chinmay Jain CTO WLPayments.

The Flex 3DS routing feature routes transactions to the most efficient authentication protocol, taking into account exemptions and other valuable information. The feature also allows merchants to decide and implement their own 3DS2 strategy.

Sunil Jhamb, CEO WLPayments says ‘With this solution, the merchants of our white-label partners can choose which transactions they want to pass on to 3DS2, 3DS1, or no 3DS ultimately decreasing checkout frictions and potentially retaining loyal customers.

After four months of testing and the implementation with many merchants, the results of the routing are very promising. Across the board, there are fewer dropouts and the whole payments experience is a lot more smooth leading to a higher success rate for the merchants.

About WLPayments

WLPayments, the trusted white-labelled global payments platform, offers an award-winning, modern & modular payment gateway platform as a white-label solution for ISOs, PSPs, Acquirers, and Banks. Branded under partner’s company’s identity in offering APIs, Merchant Portal, Payment Pages. Plus conversion-boosting features such as One-Click Payment, Intelligent Routing, In-depth Reporting, Reconciliation, Risk Engine, and many other features.

For more information go to www.wlpayments.com follow our Linkedin Page https://www.linkedin.com/company/wlpayments/ and follow us on Twitter https://twitter.com/WLPayments

Media Contact – 

Lennard Sigling, CMO

[email protected]

+31611117828

The post Proprietary build Flex 3DS Routing solution leads to 9% higher success rate – WLPayments appeared first on Zex PR Wire.

Latest news

ShipFinex: A Real-World Asset Tokenization Protocol Now Regional Champions of Startup World Cup Pitch Competition

Dubai, UAE, Nov 15, 2022, ZEXPRWIRE, One of the most promising properties of blockchain has been the ability to...

The world’s largest online general merchandiser DollarStore, will start accepting Oduwacoin in their online U.S flagship Store.

“The official cryptocurrency of the  Dollarstore.” Beverly Hills, California, Nov 14, 2022, ZEXPRWIRE, An incredible milestone for the Oduwa community;...

Gulf Xellence to Host World ESG Summit in Dubai, UAE, 21st-23rd February 2023

THE WORLD ENVIRONMENT, SOCIAL & GOVERNANCE SUMMIT “Leading the future through Environmentally Sustainable Growth”Dubai, UAE, Nov 7, 2022, ZEXPRWIRE,...

Chairperson IFSCA delivers a Keynote address on “Policy Dialogue -Directing ESG  Governance for the Financial Industry “at Singapore Fintech Festival 2022

Chairperson International Financial Services Centers Authority Injeti Srinivas was invited to deliver a keynote address on “ Policy Dialogue...

LedgerFi Appoints Dr Abdulrahmaan Al Ansaari as Chairman of the Board

Dubai, UAE, Nov 4, 2022, ZEXPRWIRE, LedgerFi IT Solutions, a Dubai-based web3 and blockchain company announced the appointment of...

ZoidPay to Revolutionize the Web 3.0 Landscape with $75M Investment Commitment from GEM Digital

A $75M financial commitment is set to establish ZoidPay as the go-to open architecture for building the next generation...

Must read

USD 19,500, the new key price of bitcoin to start an upward movement

Key facts: In the past, $19,500 has been a resistance...

Blockchain IDOs and Presales You Should Know About

There’s never a lack of new projects opportunities when...

The 10 rules to prepare for the crypto bear market by the savvy investor

While the Bitcoin and cryptocurrency market reached a record capitalization in...

Latin America’s E-commerce Giant Opens Up To Buying Bitcoin

Bitcoin (BTC) and cryptocurrencies are increasingly accepted every day for...

Binance Welcomes Arbitrum – Ethereum’s Second Layer!

For many months, the Ethereum (ETH) network has faced...

You might also like
Recommended to you