Payments orchestration software offers a unified layer that integrates and manages transactions across various payment service providers and financial institutions. This software enables companies to handle and monitor both B2C and B2B payments by seamlessly switching between different payment gateways and processing solutions, reducing errors and avoiding failed transactions. Additionally, it ensures built-in compliance with privacy and security regulations. This makes it particularly advantageous for medium and large B2B companies in sectors like e-commerce, retail, and SaaS. It's important to distinguish payments orchestration software from payment gateways and payment processing software, as it integrates with these solutions rather than replacing them. It also connects with e-commerce platforms, facilitating cross-border and global commerce.
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