🚀 Getting Started with Least Cost Routing
Least Cost Routing (LCR) enables merchants to reduce transaction fees by automatically selecting the most cost-effective debit network for each transaction. Vaultera switch’s routing engine evaluates real-time parameters such as:- Network fees
- Interchange rates
- Ticket size
- Issuer type
✅ Pre-requisites for Enabling LCR
Before you enable LCR in Vaultera switch, make sure you complete the following steps:Step 1: Configure Connectors
Ensure your connected payment processors (e.g., Adyen) support local debit networks.Step 2: Enable Debit Card Support
Debit card payment methods must be enabled on both your connector and Vaultera Switch dashboards.Step 3: Enable Local Networks
Activate one or more supported local debit networks (e.g., STAR, Pulse, NYCE, Accel) in the connector and Vaultera Switch configuration.🛠️ Steps to Configure LCR in Smart Router
Step 1: Complete Pre-requisites
Verify that debit-capable connectors and local network configurations are in place.Step 2: Access Smart Router → Click “Manage” under Least Cost Routing
Step 3: Confirm Pre-requisites in the Pop-Up
A guided modal will verify the connector setup, debit card enablement, and local network configuration. Click Enable to activate LCR.Step 4: View and Manage Active Algorithms
Once enabled, Least Cost Routing becomes your active routing algorithm. You can manage it and view previously configured routing strategies via the Vaultera Switch Dashboard.🌍 Supported LCR Configuration
| Category | Supported Values |
|---|---|
| Geographies | US |
| Connectors | Adyen |
| Networks | STAR, Pulse, NYCE, Accel |
| Payment Methods | Cards |
| Flows Supported | Payments (non-3DS), Refunds, Retries |
🔮 Future Scope
vaultera Switch is expanding the LCR capabilities. Upcoming features include:🧠 Configurable Debit Routing Rule Engine
Define custom logic for routing debit transactions based on:- Issuer
- Amount
- Geography
- Other merchant-defined parameters
🔌 Support for More Connectors & Payment Methods
Expansion beyond Adyen to include other processors and additional methods like wallets.📦 BIN Data Source Integration
Enable use of your custom BIN database or third-party BIN providers to improve:- Network identification accuracy
- Routing for non-card flows (e.g., wallets)