TNS Adds Smart Routing to Its Payment Orchestration Platform
By Rick Steves
AI summary of the source article
Transaction Network Services has added smart routing to its Payment Orchestration platform. The capability enables businesses to automatically route transactions among payment providers using configurable rules and real-time performance signals.
Why it matters
Michael Johnson, global managing director of TNS Payments Market, stated that "failed payments in unattended environments can represent revenue that is difficult to recover" and that the technology "aims to respond automatically to changing transaction conditions and improve revenue without adding operational complexity."
Key facts
- TNS added smart routing to its Payment Orchestration platform to direct payments based on provider availability, transaction conditions, and merchant rules.
- The solution specifically targets unattended and high-volume sectors like parking, EV charging, transport, vending, and retail.
- Operators can monitor cross-provider performance, approval trends, and decline patterns through the TNSPay Merchant Portal.
Source excerpt · FinanceFeeds
The system evaluates transaction conditions and provider availability to help high-volume operators improve acceptance and manage costs. Transaction Network Services has added smart routing to its Payment Orchestration platform, giving businesses a way to direct transactions among payment providers according to configurable rules and performance signals. TNS is targeting unattended and high-volume…