It’s 2:00 am and social media is buzzing. Payments are failing, and your business is losing revenue. The problem? A bank outage. Fortunately, with Peach Payments’ robust Payment Orchestration, you can rely on seamless transaction routing. Enterprises aiming to boost transaction success rates and operational efficiency can harness this powerful tool to turn potential disruptions into success stories
What is Payment Orchestration?
Payment orchestration is a comprehensive solution that integrates various payment processes, acquirers, and services into a single platform. This allows businesses to manage all aspects of their payment operations, from routing transactions to handling fraud prevention, through one unified system.
Key Features of Payment Orchestration:
Validation:
- Foreign Card Acceptance: Seamlessly process international transactions, expanding your customer base beyond local borders.
- Bin-Based Validation: Utilise bank identification number (BIN) validation to ensure accuracy and reduce fraud in card transactions.
Risk Management:
- Peach Risk Module: Leverage advanced risk management tools to protect your business from fraudulent activities.
- 3rd Party Integration: Integrate with third-party risk assessment services to enhance security and compliance.
Routing:
- Least Cost Routing: Automatically select the most cost-effective payment pathway, reducing transaction fees and improving profit margins.
- Velocity-Based Routing: Dynamically route payments based on transaction speed, optimising for efficiency and customer satisfaction.
Why Payment Orchestration Matters
Payment orchestration is essential for enterprises due to its ability to streamline operations, enhance security, and improve transaction success rates. Here are some key reasons why payment orchestration is vital:
- Optimised Conversions
- Enhanced Security
- Cost Efficiency
- Scalability
- Operational Efficiency
Why Peach Payments is the Better Bet for Payment Orchestration
At Peach Payments, we pride ourselves on offering a robust payment orchestration platform designed to meet the unique needs of enterprises. Our solution optimises the management of payment processes to ensure high reliability, redundancy, and enhanced transaction success rates.
Reliability Features: Stability and High Availability
- 99.9% Uptime with high availability system architecture
- AWS Cloud-Native Infrastructure
- Multiple Acquiring Banks.
- Alternative Payment Methods
Redundancy Features: Ensuring Continuous Transaction Processing
- Robust Failover System
- Advanced Smart Routing
- After-Hours Transaction Resolution
- Complimentary Redundancy for 3D Secure
Conclusion
Payment orchestration is a critical component for enterprises looking to optimise their payment operations and drive growth. By providing a unified platform that enhances reliability, security, and efficiency, businesses can achieve greater success in today’s competitive landscape.
Peach Payments is at the forefront of this revolution, offering solutions that empower businesses to think bigger and achieve more. If payments are all that you are thinking about, Think Bigger with Peach Payments.
