RouteSense optimizes payment processing by intelligently routing transactions across multiple providers based on factors like approval rates, cost, and risk. Their platform learns from each transaction to dynamically adapt, reduce declines, minimize fraud, and improve the overall health of merchant accounts. This provides businesses with greater control and visibility over their payment processing.
Funding
Funding not disclosed
Founders
Product
Problem
High-risk merchants, underserved SMBs, and ISO partners often face challenges with rigid, expensive, and unreliable payment processing solutions. Operating with a single merchant account (MID) creates a single point of failure, leading to revenue loss and operational disruptions when the MID is flagged or shut down. Securing approval for multiple MIDs and actively optimizing transaction routing across them is difficult.
Solution
RouteSense provides intelligent payment routing across multiple providers, optimizing for approval rates, cost, and compliance to safeguard business revenue. The platform offers automated failover mechanisms, ensuring continuous processing even if one provider fails. By unifying chargeback, settlement, and gateway data across processors, RouteSense delivers comprehensive analytics on decline trends, dispute ratios, and MID health. This enables merchants to proactively manage risk, prevent disputes, and balance transaction volume across MIDs, all while maintaining sub-second payment routing.
Target Audience
RouteSense primarily targets high-risk merchants, underserved SMBs, and ISO partners seeking more reliable and cost-effective payment processing solutions.
Features
- Automated failover to backup processors when the primary fails
- Intelligent routing algorithms that optimize for cost, approval rates, and compliance in real-time
- Unified dashboard providing analytics on decline trends, dispute ratios, and MID health
- Predictive dispute prevention based on historical transaction data
- Automated balancing of transaction volume across multiple MIDs
- Plug-and-play integration with existing software and terminals
- White-labeled infrastructure for merchant onboarding, designed for ISOs, VARs, and Banks
- Device-agnostic and gateway-flexible, supporting NMI, T-SYS, and other gateways