Payment orchestration exists to help merchants streamline their payments ecosystem by enabling them to add multiple payment methods, optimize approval rates through smart routing and keep within data and privacy regulations as they scale globally. But building a payment orchestration solution in-house is time-consuming and expensive, with many risks at every step.
So, what is the alternative? Here are the top five reasons you should outsource your payment orchestration platform:
The total transaction value in digital payments is projected to reach over $2bn in 2023 in the US alone. Given the sensitive nature of payments data, transaction latency concerns, and how regulators in many countries are now thinking about where data is processed and stored, a cloud-native POP solution is imperative for local cloud processing and storage. The current cost of setting up, automating, and scaling cloud infrastructure on top of an already complex payment orchestration layer can be substantial and time-consuming.
Gr4vy understands that cloud infrastructure-as-a-service (IaaS) is the future of fintech. Gr4vy is the first cloud-native IaaS platform that offers a future-proofed payment infrastructure designed to grow with your business so that you never lose a transaction. Our solution leverages the latest innovation in cloud computing so you can have your independent infrastructure deployment of Gr4vy – giving you full control over resilience, redundancy, and performance.
Gr4vy offers:
Discover how Gr4vy can be your payment orchestration solution, or download our eGuide to discover the differences between an IaaS vs. SaaS payment orchestration provider.
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