Corefy

What are payment orchestration platforms?

A payment orchestration platform or a payment gateway is a software solution that allows businesses to accept payments , make payouts, and tackle other financial management procedures. In other words, payment gateways provide a set of smart tools and features that allow businesses to monitor, manage, and analyse their incoming and outgoing transactions.

How does payment orchestration work?

In the matter of its main functions, payment orchestration platform resembles a digital equivalent of a POS system in a brick-and-mortar shop – it also transmits payers’ data to a payment processor. But the additional capabilities of payment orchestration allow business owners to get rid of the technical burden, strengthen the internal financial control and payment discipline of the company, and increase the transparency of operations. Transaction processing usually lasts just a few moments and may seem to be quite straightforward. But in reality, it’s a complex process that involves several p

What can a payment orchestration platform do for you?

Using a payment orchestration platform, businesses get a range of benefits: • Ultimate control over all transactions • Ability to customise their checkout to the brand’s look and feel • Multiple payment options to offer to their customers • Support of multicurrency payments • Secure online payment processing A smooth users’ payment experience matters a lot for conversion rates . And the lion’s share of responsibility for this lies on payment gateways. They ensure that most transactions will be successfully processed and the number of abandoned carts will decrease. Furthermore, by offering your

Why choose Corefy’s payment orchestration platform?

Corefy’s payment orchestration platform is software for online businesses and payment institutions that aim to streamline their payments and payouts and adjust their payment process management. By integrating one payment gateway, companies get all the necessary tools to accept payments, make payouts , and manage all transactions efficiently in one place.