A beauty retailer faces high costs processing local payments in foreign markets. A travel operator needs an efficient way to integrate loyalty programs at checkout and issue cash vouchers to passengers. A tech supply company seeks to design a seamless, customer-friendly shopping experience to reduce cart abandonment.
Payment orchestration can help solve each of these common payment ecosystem challenges. With payment orchestration, any company can easily add new payment methods, leverage fraud prevention tools and keep up with evolving customer preferences.
“As businesses scale, so do their payments challenges,” says Jeff Pomeroy, senior vice president at PayPal’s Enterprise Payments & PSP Platform. “They need a partner who can help ensure their payment solution is not a need-to-have but rather enhances their business. Finding the tools that offer less friction [and] customer-friendly experiences while optimizing for growth and innovation is critical in today’s global economy.”
By Richard Sine