What is Payment Orchestration | Solidgate
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Payment Orchestration

 

Payment Orchestration refers to the strategic management and optimization of various payment methods, providers, and channels within a unified framework. It involves dynamically selecting the most suitable payment methods and providers based on factors such as transaction type, customer preferences, and regional considerations.

Payment orchestration platforms streamline the integration of multiple payment services, providing merchants with flexibility and adaptability in the rapidly evolving landscape of electronic payments. By orchestrating payments, businesses can enhance transaction success rates, optimize costs, and improve the overall customer experience.

Payment orchestration is particularly relevant in omnichannel environments where customers interact through various touchpoints, necessitating a cohesive approach to payment processing that aligns with diverse business requirements and customer expectations.

 

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