What role does payment orchestration play between a merchant's system and payment service providers?
Answer
Intelligent intermediary layer
Payment orchestration acts as an intelligent intermediary layer situated between the merchant's system and the various downstream payment service providers (PSPs) or gateways.
Related Questions
What role does payment orchestration play between a merchant's system and payment service providers?How does the orchestration layer present itself to the merchant's engineering and product teams?What technique allows payment orchestration to maximize payment success rates?What is a key advantage of provider-agnostic tokenization managed by the orchestration platform?How does orchestration give businesses leverage over payment service provider costs?What is a primary operational gain achieved by centralizing reporting through an orchestrator?What limitation often results from relying solely on a single credit card processor?How does orchestration facilitate expansion into new international markets?Besides 'payment orchestration platform', what other terms are sometimes used to describe a POP?What fundamental shift does working in payment orchestration enable for a business?