Routing and cascading: understanding technologies with BetaTransfer Kassa

There are many elements in the payment ecosystem, one way or another connected with each other. This interconnection provides a high speed of payments – but what if one or more elements of the network fail or become temporarily unavailable? For high-risk payment service providers, processing niche businesses’ payments, such situations are not uncommon. And so that no surprises can disrupt the processing of transactions, they use special technologies to ensure that online payments are completed quickly and securely.

Routing

Smart routing is a technology that routes transactions to the most appropriate processing network based on various factors such as transaction type, currency, and the location of the merchant and the customer. This allows for faster and more efficient processing of transactions, as well as increased security by reducing the risk of fraud.

Cascading

Cascading technology allows to automatically route transactions to multiple processing networks in a specific order. This allows for increased reliability and resilience in the processing of transactions, as well as the ability to take advantage of different processing networks’ strengths and capabilities.

For example, if the first processing network is down, the cascading technology will automatically route the transaction to the next available network. If the second one is unavailable as well, then to the third, and so on. Thus, the transaction will be processed in any case, even if one or more networks fail.

Which technology is best for high risk merchants?

Both routing and cascading are widely used in the online payment industry, and each technology has its own set of advantages. To maximize their benefits, routing and cascading are often used at the same time. In addition to ensuring fast and seamless transaction processing, these technologies play an important role in reducing the risk of payment fraud.