The Role of Payment Orchestration in Streamlining E-commerce Operations

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The Role of Payment Orchestration in
Streamlining E-commerce Operations
Blog The Role of Payment Orchestration in
Streamlining E-commerce Operations
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Introduction
Payment orchestration extends beyond finding the
optimal transaction path. It reduces failed
transactions, processing time, and costs,
enhancing customer satisfaction. This, in turn,
leads to repeat purchases, increased loyalty, and
greater revenue. Let's explore how payment
orchestration benefits your online business.
Blog The Role of Payment Orchestration in
Streamlining E-commerce Operations
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Steps in Payment Orchestration

• The customer adds items to the cart and proceeds
  to checkout.
• Chooses an online payment gateway and inputs
  relevant details.
• Gateway encrypts information, using the payment
  processor to send data to the acquiring bank.
• The acquiring bank verifies the payment with the
  issuing bank.
• Notification received from the acquiring bank on
  transaction status.
• In case of failure, the payment orchestration
  platform reroutes the request to another
  processor.
• Successful rerouting results in approved payment.

Blog The Role of Payment Orchestration in
Streamlining E-commerce Operations
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Benefits of Payment Orchestration

• More Flexibility for Customers
• Lower Payment Processing Cost
• Better Rate of Conversion
• Enhanced Level of Security
• Improved Scalability
• Smarter Data Analytics

Blog The Role of Payment Orchestration in
Streamlining E-commerce Operations
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E-commerce Landscape Outlook
By 2025, the Middle East's ecommerce sector is
projected to reach USD 50 billion. To carve a
niche in this thriving landscape, a seamless
checkout experience is vital. Payment
orchestration, especially through platforms like
PayTabs, offers a competitive edge, ensuring
efficient, secure, and scalable payment
processing.
Blog The Role of Payment Orchestration in
Streamlining E-commerce Operations
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Why should you prefer PayTabs?
With a clear understanding of payment
orchestration's role, conduct thorough research
to choose a provider aligning with your business
needs. Platforms like PayTabs can enhance your
e-commerce game by processing payments
efficiently, ensuring security, and providing
valuable data analytics. Gain a competitive edge
in the fast-paced world of e-commerce.
Blog The Role of Payment Orchestration in
Streamlining E-commerce Operations
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