PhotonPay Optimizes Payment Solutions with AI Engine

PhotonPay, a leading digital financial infrastructure provider, introduces its AI-powered payment optimization engine. This helps businesses lower payment costs, streamline fraud management, and improve transaction success rates. PhotonPay's clients can receive data-driven, tailored performance recommendations to maximize performance.

 

 

$10+ billion annual global transaction data

 

Global payments can be complex. Legacy systems often force businesses to operate by relying on manual rules and fragmented data. They have to choose between conversion, fraud prevention, and cost efficiency. This choice always leads to inefficiencies and revenue loss.

PhotonPay's AI engine removes this trade-off by automating and optimizing the complete payment process. PhotonPay's clients benefit from AI trained on over $10 billion in annual global transaction volume data from the PhotonPay platform. PhotonPay has processed payments for over 200,000 businesses globally, giving its AI solutions a strong foundation to distinguish between legitimate transactions and fraudulent activities accurately.

 

Enhancing transaction approval rates by 4%

 

Traditional payment systems struggle to adapt to dynamic consumer behaviors and regional regulations. With PhotonPay's AI engine, businesses can increase their payment conversion rate by up to 4%. This solution uses PhotonPay's $10+ billion annual global transaction data for training. By analyzing historical and real-time transaction patterns, the AI engine determines the best payment paths, ensuring a seamless payment experience for legitimate customers while reducing risks.

 

The AI-first approach to fighting fraud

 

Fraud management is a major challenge for global businesses, requiring continuous manual monitoring and rule updates. PhotonPay’s AI-powered risk management system automates fraud detection, significantly minimizing the reliance on manual intervention. The PhotonPay AI Engine automates fraud detection using machine learning, which enables businesses to automate risk detection in real time. This distinguishes legitimate transactions from fraudulent ones with 99.97% accuracy while reducing false positives by 40%. By eliminating manual fraud screening, businesses save over 2,190 hours annually in operational workload.

Zongteng, a logistics giant and PhotonPay's customer, improved the fraud detection experience using an AI-based solution tailored to the unique characteristics of its business. This reduces chargebacks by 30% by automating processes to drive accuracy.

 

Reduce payment costs by 5%

 

Cost optimization is at the forefront of business priorities, and many companies overlook the hidden costs of inefficient payment processing.

PhotonPay’s AI-driven payment routing and real-time transaction optimization selects the most cost-effective pathways. Businesses using PhotonPay’s AI engine have seen up to a 5% reduction in payment processing costs—a significant improvement in operational efficiency.

 

"The future of payments lies in intelligent automation," said Chao Xu, Vice President of Products at PhotonPay. “Our AI Engine helps businesses predict risks, tailor payment experiences, and unlock new efficiencies. By transforming payments from a cost center to a growth lever, we’re setting a new standard for global financial infrastructure.”

 

 

About PhotonPay

 

Founded in 2015, PhotonPay is a digital financial infrastructure provider offering global payment solutions to businesses. Our innovative core products include Global Accounts, Card Issuing, Online Payments, Payouts, FX Management and Embedded Finance. PhotonPay has become a Mastercard issuer in Hong Kong and the fintech card issuer in the Greater China region of Discover® Global Network.

With a strong compliance culture and technological innovation capabilities, PhotonPay is building a digital payment network to take the friction out of global payments and enhance operational efficiency for businesses operating on a global scale.

Headquartered in Hong Kong and providing localized services through nine international offices, PhotonPay partners with a network of top-tier banks and global financial institutions and serves more than 200,000 customers globally.

https://www.photonpay.com/en/