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A Comprehensive Guide to Choosing the Right Payment Orchestration Platform for Your Business

The payment orchestration market has been exploding in popularity in recent years. A study by 451 Group surveyed a panel of merchants, asking them if they were looking to use multiple payment services as part of their strategy. The response was below 50%, but the same question yielded a 60% positive response within a year. That is a tremendous increase in just one year.  Before we get into details about choosing the right payment orchestration platform , let us answer the question of what payment orchestration is.  What is Payment Orchestration? Payment orchestration platforms (POP) or payment orchestration layers (POL) are innovative digital payments. The software connects merchants to multiple payment transactions, routing, and settlement providers through a single integration. These include payment service providers (PSPs), banks, alternative payment method providers, and payment acquirers.  The payment orchestration platform provides more payment functionalities that...
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