Optimise

Enhance your transaction processes with intelligent routing and cascading for optimal efficiency.

With Paytring's dashboard, you'll have access to a comprehensive suite of smart routing and cascading tools that maximize the performance of your operations. Take advantage of the flexibility and enjoy seamless cash flow.

Benefits Of Using Paytring

Benefits of Rule Engine

  • Increased transaction success rates

    By routing transactions through multiple payment gateways, payment orchestration minimizes the risk of transaction failures.

  • Reduced payment processing costs

    Payment orchestration enables businesses to compare the fees and charges of different payment gateways, helping them to choose the most cost-effective option.

  • Simplified reconciliation

    Payment orchestration consolidates all transaction data from multiple payment gateways into a single interface, making it easier to reconcile accounts and track cash flow.

  • Expanded payment options

    Payment orchestration allows businesses to accept payments from a range of sources, including credit cards, debit cards, UPI, wallets, and bank transfers.

  • Improved customer experience

    With payment orchestration, businesses can offer a seamless payment experience to their customers, including easy-to-use checkout pages, automatic payment retries, and real-time payment tracking.

  • Enhanced security

    Payment orchestration platforms use advanced security measures to protect against fraud and data breaches, ensuring that businesses and their customers can transact safely and securely.

  • Flexibility and scalability

    Payment orchestration can be easily scaled to meet the needs of growing businesses, providing them with the flexibility to add new payment methods and gateways as their customer base expands.

Rule Engine

By optimizing incoming and outgoing transactions in real-time, Paytring's intelligent routing engine maximizes payment performance and achieves the highest success rates. With this powerful tool at your disposal, implementing and modifying various flow strategies is effortless.

  • Cascading
  • Smart Routing
  • Anti-fraud
  • Tokenisation
  • Retries
  • Localisation
  • Zero Click Payments
  • Checkout optimization
  • Payment Methods ordering
Rule Engine

Dynamic Routing Rules

  • Payment Methods
  • Transaction Volumes
  • Transaction Amount
  • Card Network / Bin / Issuer
  • Multicurrency
  • Metadata

Intelligent Routing

  • Instant Auto Retry

    In the event of a failed transaction, Paytring can automatically and seamlessly retry it with another provider to ensure that you don't miss out on any sales.

  • Retry Management

    Prioritize accounts in the routing scheme and use cascading to minimize the impact of any issues on the PSP's side on your business.

  • PSP health monitoring

    Continuous monitoring of all available providers and connected accounts enables Paytring to reroute transactions automatically until they are successfully completed.

  • Webhooks

    Paytring enables you to integrate webhooks on multiple statuses, providing real-time updates on the status of each transaction.

Seamless payment reconciliation

Paytring's Reconciliations is a comprehensive accounting software designed for online businesses, which organizes and consolidates all transaction data.

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All round reconciliation

Paytring offers instant, automated reconciliation for multiple accounts, payment methods, and currencies. By automating the process, you can shift your focus to handling exceptions rather than spending time on manual reconciliation for each transaction.

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Comparison

Manual reconciliations

Our manual payment reconciliation ensures independence from any technical issues that may arise on the provider's side

  • API-enabled manual reconciliations. With just one click on the Dashboard, you can request a statement from your provider.
  • Manual statement import. You can directly pull a statement from your provider and upload it to Paytring, which can be useful in case of API or callback issues.
  • Bulk statement import. Import multiple statements from your provider and reconcile them all at once with ease.

Automated Reconciliations

Automate the error-prone and time-consuming task of reconciling transactions across multiple providers, accounts, and payment methods.

  • Streamline transaction processing and automate finalization.
  • Delayed auto-reconciliation enables you to identify and record chargebacks or refunds.
  • Paytring can handle both callbacks and API responses.

Organized statements

Track transactions from initiation to settlement and streamline the payment reconciliation process in a cost and time-efficient manner. We consolidate and standardize information from various internal and external sources into a single location, ensuring that statements are coherent and consistent.

Raw Data

Access the initial financial data, such as IDs, statuses, and resolutions at every stage of transaction processing.

Consolidated Statements Data

We automatically translate data from various providers into a single, standardized format by automapping basic properties.

Statement History

Paytring securely stores every transaction statement and makes it available for future reference.

Collision Detection

Paytring detects and notifies you of any inconsistencies in statements, ensuring consistency and streamlining the payment reconciliation process.

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Benefits of Payment Reconciliation

Payment reconciliation provides businesses with several benefits, including increased accuracy, cost and time efficiency, transparency, and fraud detection. With Paytring, businesses can enjoy a faster and simpler payment reconciliation process.

  • Improved accuracy

    Payment reconciliation ensures that all transactions are accounted for, making sure that the financial records are accurate and up-to-date. This helps to identify any discrepancies and errors in payment processing, reducing the risk of financial loss due to incorrect payment records.

  • Cost and time efficiency

    Payment reconciliation automates the process of comparing transaction records, making it more efficient and cost-effective. By reducing the time and resources required for manual reconciliation, businesses can focus on more critical tasks.

  • Transparency

    Payment reconciliation provides transparency in the payment process, giving businesses a clear understanding of the payment flow, from initiation to settlement. This can help to identify and address any issues or delays in the payment process, improving customer satisfaction and trust.

  • Fraud detection

    Payment reconciliation helps to detect any fraudulent transactions, ensuring that only legitimate transactions are processed. By identifying any suspicious or fraudulent activity, businesses can take proactive steps to prevent fraudulent transactions, reducing the risk of financial loss.
  • Automated Checks

    Paytring offers automatic corrections by automatically matching transactions across multiple PSPs and accounts and updating the data based on providers' statements.
  • Real-Time Balance

    With Paytring, businesses can rely on accurate and real-time balance information, regardless of the number of merchant accounts they have across various PSPs. Paytring provides a one-stop platform that guarantees precise records.