There are a couple of different areas addressed by orchestration. The first major one is around PCI compliance. Having a vendor-neutral token vault that provides PCI Level 1 compliance reduces costs significantly – the cost of providing that infrastructure is prohibitive for most merchants to begin working in the payment space. But having that third-party, neutral vault allows you to connect to any provider, and not have your payment methods locked into a single gateway, for instance.
The next area addressed by orchestration is optimising digital revenue. Using tools like smart routing improves transactions’ success rates and increases customer conversion with enhanced checkout experiences. Orchestration also enables reducing the cost of payments. We do that through leveraging multiple providers, avoiding fraud, and reducing overall operational costs of having to build a solution yourself.
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