Seize control of all payments. Get the most powerful open payments platform and unlock new level for your business.

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.

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 players. Payment gateways are intended to connect all the dots between them and streamline their interaction. As a result of the payment gateway work , each transaction is sent to the best payment service provider to be processed in the most cost-efficient way.

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 clients a user-friendly payment page with a branded look and feel and a proper choice of different payment options, you increase their loyalty. Payment gateways help your business to securely process payments and payouts, routing them to the most relevant payment service provider.

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.