The pandemic brought merchant aggregators — marketplaces that onboard and provide crucial platforms for individual merchants — to the forefront of the payments ecosystem. Demand continues to generate new, more specialized digital marketplaces, but the proliferation of diverse payment systems worldwide means that platforms are subject to the same challenges of scale that once daunted their merchant customers.
Payments orchestration technology allows merchant aggregators to onboard new merchants swiftly by turning on new gateways simply and seamlessly. Orchestration’s flexible, regulatory-compliant payment services can help aggregators attract more merchants by readily supporting the payment gateways these customers demand, granting platforms a key differentiator when they seek to enter new markets.
This edition of the “Payments Orchestration Tracker®,” a collaboration with Spreedly, examines why merchant…