Why do you need price-based smart routing?
Price-based smart routing is a feature that helps international money transfer businesses like yours optimize cross-border remittance transfers. It automatically selects the most cost-effective route by comparing fees, exchange rates, and transaction thresholds from multiple providers in real time.
This ensures lower costs, availability at all times, faster transfers, and compliance with regulations. Which, in turn, helps your business deliver efficient and affordable international payments to your customers.
How does our price-based smart routing work?
Onboard partners
You onboard multiple partners in your remittance platform for various payment routes across the globe
Assign partners to countries and channels
Now, you can assign your partners to specific countries and specific payment channels for each country.
Configure routing rules
Now you can configure routing, set thresholds and limits, and set specific rules, in which cases the routing will happen automatically.
Transform your remittance operations with effective price-based smart routing.
Price-based smart routing enables your business to offer affordable and accessible international transfers by automatically selecting optimal paths based on set rules.
Percentage based routing
Route transactions based on a percentage of the transfer amount for specific partners and optimize costs for high-value transfers.
- Tailor routing to specific percentages
- Improve efficiency for high-value transfers
- Maximize savings while ensuring compliance
Amount based routing
Choose the most cost-effective partner for transactions by automatically routing payments based on amount ranges. This ensures lower fees and higher margins.
- Customize routing based on predefined transaction thresholds
- Enhance customer satisfaction with tailored fee structures
- Improve overall transfer efficiency by targeting optimal providers
Customizable routing rules
Set specific rules for routing decisions, such as transaction thresholds, provider availability, country-based routing, fee and FX rate conditions, and more.
- Easily adjust routing criteria as market dynamics shift
- Set rules based on provider availability
- Implement currency/country-specific routing guidelines
Automated provider selection
Automatically select the partner offering the best rates and conditions. And optimize every cross-border payment route.
- Save time and effort with real-time provider comparisons
- Compare real-time fees and exchange rates
- Ensure optimal partner availability for each transfer
Dynamic fee optimization
Dynamically optimize fees by evaluating rates and thresholds. And deliver the best possible pricing for each transfer.
- Maximize savings through automated fee adjustments
- Adapt quickly to changes in market rates and provider fees
- Tailor pricing strategies for different transaction types
Some other international remittance features
Multiple corridors and FX rates
Enable global reach with scalable corridors and real-time exchange rates.
Learn more
Ready to offer cost-effective and smart cross-border payments?
Make your remittance business the cost-efficient choice for your customers.
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