Payment orchestration is a rapidly growing market aimed at helping merchants streamline customer experiences and reduce payment costs by managing multiple payment methods, providers, and channels through a unified platform. Enterprise merchants are shifting toward being acquirer-agnostic to optimize acceptance rates and reduce fees. Orchestrators now offer hundreds of integrations and support over 350 payment methods globally. Key features like smart routing are standard, pushing providers to differentiate with value-added services. Though relatively immature, the market is projected to grow from $9.9 billion in 2022 to over $15 billion by 2026.

Join for free to read