Why payment orchestration is overhyped and will not save your business By Viktoria Soltesz Payment orchestration is a popular topic in the financial tech world, often seen as a universal solution for managing all issues around payment and banking. While payment orchestration can offer some valuable benefits, it is often overhyped and can overlook broader and more critical payment and banking issues, making things more complicated rather than easier. Let me explain why. The main issue is that payment orchestration focuses too narrowly on one part of the payment and banking picture, ignoring important other elements around the flows, such as risk, compliance, data security, fraud prevention, contract terms, or technological advancements. One problem with payment orchestration is that it tries to simplify by combining various payment methods into one system. While this sounds helpful, it often misses the bigger picture.   Risk Banks and payment providers are not regulated equally worldwide. This means they will not pose the same level of risk to your operation. Thinking that orchestrating payments will resolve and optimize your overall payment and banking risks is missing a huge chunk of the overall picture and can be very misleading. Effective financial management needs a broader approach that looks at all aspects of payment flows within a company. This includes not just processing payments but also managing and securing funds globally by understanding various regulations in different areas of the world.   Other Options Another issue with payment orchestration is that it often ties you to a single or limited number of providers. These platforms usually have agreements with specific payment channels, limiting you to those options which they represent. This setup can turn orchestration providers into resellers who simply want to push their offerings by adding an extra technology layer on top of their partner providers’ solutions, but without the much-needed, overall, and detailed market research, understanding, and evaluation. You might need a payment provider or method that is outside the scope of the payment orchestration platform, and by putting all your eggs in one basket, you might be missing out on a solution that could be more beneficial for you in the long term. Limiting flexibility is a big mistake that many companies make, but it is essential for businesses to stay competitive and responsive to changes.   Complexity The added complexity of payment orchestration can also be problematic. While it promises streamlined operations, businesses must manage and maintain additional systems, fees, terms and conditions, and technologies, which can be very demanding and confusing. Unknown complexities usually lead to higher costs and the need for specialized training, further straining resources if not planned properly. Unfortunately, I have seen several times in my practice when companies jump into something without fully understanding what it entails, paying much more in costs, fees, and efforts in the long term.   Building a Payment and Banking Strategy We always advise businesses to take a holistic approach to their operation and investigate various processes from a banking and payment perspective. Understanding and discussing payments and banking within an international group is essential, as it affects every aspect of the business, even though it is less discussed and often not well understood. Instead of relying solely on payment orchestration, businesses should focus on building and maintaining an overall and comprehensive payment and banking strategy. A strong payment and banking strategy involves more than just orchestration. It means understanding how to use new alternatives and technologies to enhance payment security and efficiency. It also requires carefully reviewing contracts with providers to ensure proper risk assessment, compliance, and protection from fraud. The strategy also focuses on the complex issues around technology, integration and reconciliation and involves various departments of a company such as finance, legal, marketing & sales, business growth and strategy, technology, and security. Today, payments and banking affect every aspect of the business, but payment orchestration platforms often don’t fully cover these important areas. Without discussions and understanding, we might find ourselves taking unnecessary risks, incurring additional costs, or reducing the effectiveness of our processes.   What is the Scope of the Strategy? The strategy should not only include various payment methods and drive traffic to the cheapest options, as payment orchestration platforms usually do, but also understand the deeper level of the new financial technologies. A good strategy addresses various areas of the operation, such as compliance, security, and fraud prevention. A holistic approach to payments and banking ensures that all incoming and outgoing flows are processed efficiently, the funds are managed efficiently within the group (for example, by having a strong treasury function to avoid “idle” or “pending” funds on any account for a long period), and all areas around the company’s funds are monitored and updated efficiently and securely. Only a comprehensive payment and banking strategy can manage all payment and banking flows and their related challenges successfully, catering to diverse customer preferences, enhancing satisfaction, and driving growth.

Welcome to PaySpace: Empowering Merchants with Reliable Payment Processing Solutions At PaySpace, we pride ourselves on being one of the most powerful and efficient card transaction technical processors in the industry. Our mission is simple: to provide merchants of all types with reliable and secure payment processing solutions. Gone are the days of merchants worrying about which payment methods to offer their customers. With PaySpace by their side, merchants can rest easy knowing that they have access to reliable and secure electronic technical payment help. Our solutions are designed to streamline the payment process, allowing merchants to focus on what truly matters – increasing sales volumes and providing their clients with better services. At PaySpace, we’re dedicated to revolutionizing the way merchants handle card transactions. As one of the most powerful and efficient card transaction technical processors, we offer a range of reliable and secure payment processing solutions designed to meet the needs of merchants of all types. Founded Year; PaySpace was founded in 2000. CEO; Sandra Crous Who started PaySpace? Bruce van Wyk As one of the founding members of PaySpace, Bruce has over 16 years of experience in designing, conceptualising and implementing functional payroll and HR solutions for various local, multinational and blue-chip organisations. Our Commitment to Merchants Reliable and Secure Solutions: Say goodbye to worries about payment methods. With PaySpace, merchants can rest assured that they’re offering their customers reliable and secure electronic payment options. Focus on Growth: Our solutions free merchants from the burden of payment processing, allowing them to concentrate on increasing sales volumes and providing superior service to their customers. Why Choose PaySpace Simple and Comfortable Transactions: We make the acceptance of credit and debit cards simple and comfortable, ensuring a seamless payment experience for both merchants and customers. Setting Standards: At PaySpace, we’ve set the standard for extraordinary efficiency and outstanding results in web-based e-commerce technical services. Our solutions are trusted by merchants and financial institutions worldwide. Tailored Solutions: We understand that every merchant is unique. That’s why we offer features and options tailored to specific business needs, ensuring that our clients have the tools they need to succeed. Experience the PaySpace Difference With PaySpace, skyrocketing your sales is easier than ever. Our trusted and highly efficient technical services are designed to help merchants thrive in today’s competitive marketplace. Join the ranks of satisfied merchants who have experienced the PaySpace difference and unlock the full potential of your business. Discover how PaySpace can transform your payment processing experience. Contact us today to learn more.  

EFT Corporation (formerly Ukheshe) What is Ukheshe / EFT Corporation? Originally founded in 2018, Ukheshe Technologies began as a digital-first fintech enabler in South Africa, focused on closing the financial inclusion gap through embedded finance solutions. Ukheshe later acquired EFT Corporation in January 2024 and officially rebranded under the EFT Corporation name in June 2024—melding Ukheshe’s agile fintech capabilities with EFT’s 23-year heritage in payments infrastructure across Africa . Under the EFT Corporation identity, the company serves as a continent-wide financial inclusion catalyst, delivering enterprise-grade banking tech, transaction switching, and digital payment orchestration to banks, telcos, fintech startups, and merchants across 35+ African countries Headquarters Johannesburg, South Africa (serving markets across Africa and beyond) What You Get Eclipse API Platform – A modular orchestration layer powering embedded finance, digital wallets, onboarding, and QR-enabled payments – now integrated with core switching tech from EFT Corporation Core Payment Switching & Issuance – Postilion-based systems handling high-volume real-time transactions, connectable to major banks and processors in Africa Omnichannel Processing – Unified support for cards, QR, POS, tap‑to‑pay, online and mobile across South Africa and beyond Tailored Embedded Finance – Customizable financial building blocks for banks, telecoms, e-commerce, and agri-fintech clients across African markets Innovation Labs & Research – Ukheshe Labs focuses on product R&D, cloud optimization, fintech innovation, and regulatory compliance—ensuring scalability and modular tech infrastructure Why Choose EFT Corporation? Because they combine agility with legacy scale. By unifying Ukheshe’s forward-thinking fintech architecture with EFT Corporation’s well-established banking infrastructure, they offer both modern embedded finance and trusted processing capabilities. With real-time transaction switching, seamless integration via Eclipse, and regulated compliance across diverse markets, EFT Corporation is built to deliver digital financial access at scale. Backed by a proven legacy and a bold vision—“Together we are stronger. Together we are Banking Beyond Tomorrow” .

Tipalti is a comprehensive finance automation platform that streamlines various financial operations for businesses. It automates accounts payable tasks, shifting data entry to suppliers and eliminating inaccuracies. The platform also handles mass payments, providing a superior payment experience from onboarding to year-end reporting. It modernizes procurement operations, offering greater control over spending and reducing financial and compliance risks. It also simplifies expense reporting, allowing employees to create and submit reports and managers to review and approve expenses quickly. With robust pre-built connectors and a no-code interface, Tipalti ensures seamless integration with your existing ERP or accounting software. Year Founded: It was founded in the year 2010. CEO: The CEO of Tipalti is Chen Amit. Headquarters: It is headquartered in Foster City, California, United States. Why choose Tipalti? Scale Effortlessly: Tipalti helps you scale your entire payables operation rapidly and efficiently without adding headcount and systems. Grow Efficiency: It can maximize your efficiency by eliminating 80% of your existing payables workload without adding headcount and systems. Control Risk: Tipalti helps you reduce risk and cost with enterprise-grade financial and compliance controls. Go Global Rapidly: Tipalti makes it easy to manage international subsidiaries, and pay global suppliers in 196 countries and 120 currencies. Attract and Retain Partners: Create brand loyalty through a seamless partner payments experience from onboarding to remittance. Preferred Payables Automation Solution: Tipalti is the preferred payables automation solution for 3,000+ of the world’s fastest-growing companies TrustRadius’s #1 Rated Payables Solution: Tipalti is TrustRadius’s #1 Rated Payables Solution. Risk Appetite Risk AppetiteLow Risk ,PCI CompliantLevel 1 ,RegulatedYes Solutions Blacklisting,Encryption,Monitoring & Reporting,Payment Tokenization,Smart Routing Accepted Industries E-commerce,Gambling,Gaming,Hospitality,Marketplaces Social Link LinkedIn Instagram Facebook Twitter YouTube

Our platform is designed to be flexible and customizable, allowing our clients to tailor their payment solutions to their specific needs. We offer a range of services, including payment processing, fraud prevention, compliance management, and data analytics. At Switch, we understand the importance of security and compliance in the payments industry. That’s why we’ve built our platform with the highest levels of security and compliance in mind. We are PCI DSS Level 1 certified, and we adhere to strict data protection regulations such as GDPR and CCPA. Our team of experts is dedicated to providing exceptional customer service and support. We work closely with our clients to understand their unique requirements and provide tailored solutions that meet their needs. Our goal is to help our clients grow their businesses by providing them with the tools and resources they need to succeed in the rapidly evolving payments landscape. In summary, Switch is a leading provider of payment infrastructure and services, offering a flexible and customizable platform that enables businesses to scale their payment operations and unlock additional value through network effects. We are committed to providing our clients with the highest levels of security, compliance, and customer service, and we are dedicated to helping them succeed in the dynamic and rapidly evolving payments industry. Risk Appetite Risk AppetiteLow Risk ,RegulatedYes ,API DocsLink Features 3D Secure Processing,Cross Border Payments,Currency Conversion,Payment Link,Payouts,Delayed Capture,Real Time Payments,Recurring Payments,Refunds Solutions Card Vaulting,Cross-border Payments,Encryption,Fraud Prevention,Master Merchant Account,Mobile Checkout,Monitoring & Reporting,One-click Payment,Online Payments,Payment Gateway,Payment Tokenization,Risk Management & Security,Smart Routing,Virtual Terminal Accepted Industries Adult,CBD,Crowdfunding,Crypto,E-commerce,Education,Financial Services,Gambling,Gaming,Hospitality,Marketplaces,Pharma,Travel Payment Options 1Ali Pay,American Express,Apple Pay,Diners Club,Discover,Google Pay,JCB,Maestro,Mastercard,UnionPay,V pay,Visa,Visa Electron,WeChat Pay Social Link LinkedIn

RevioPay What is RevioPay? RevioPay is a smart revenue management and collections automation platform designed to help businesses reduce payment failures and recover lost revenue. Built with modern businesses in mind—especially those with recurring billing or high transaction volumes—It blends intelligent payment routing, dunning workflows, and rich analytics to ensure cash flow is predictable and customer churn is minimized. From retrying failed payments to engaging customers with multi-channel reminders, RevioPay handles the toughest part of revenue management—so your team doesn’t have to. Headquarters Cape Town, South Africa What You Get Failed Payment Recovery Tools Automated Dunning & Customer Engagement Multi-Channel Payment Reminders (SMS, Email, WhatsApp) Revenue Intelligence Dashboards Flexible Billing & Collection Integrations Smart Payment Routing Across Multiple Providers Why Choose RevioPay? Because losing revenue to failed payments isn’t an option anymore. RevioPay is built to help businesses retain more customers, recover more revenue, and remove the manual friction in collections. It’s ideal for SaaS, fintech, insurtech, and any company that values predictable income and a better customer experience. Built for scale. Designed for retention. Backed by results.

Preczn What is Preczn? Preczn is a next-generation payment service provider delivering custom fintech infrastructure for businesses operating in complex, high-growth environments. Whether you’re scaling a digital marketplace, navigating high-risk verticals, or building a crypto-based platform — It brings precision, speed, and global connectivity to your payments strategy. It’s where compliance meets innovation. And risk meets results. Built For High-risk merchants, digital platforms, fintechs, and cross-border businesses. Headquarters London, United Kingdom What You Get Custom Merchant Accounts: Tailored for industries others overlook — crypto, forex, gaming, and more. Global Payment Gateway: Accept payments in 100+ currencies with advanced fraud tools built-in. Seamless API Integrations: Launch faster with modern infrastructure and real-time data access. Risk & Compliance Expertise: Operate confidently in regulated spaces with it’s support. Personalized Onboarding: No cookie-cutter setups — every business gets a custom fit. Why Preczn? Because generic payment solutions don’t cut it in high-stakes industries. Preczn is built for complexity — helping future-facing businesses process payments with clarity, control, and confidence.

Paytiko is an advanced payment orchestration platform that simplifies the payment process on both practical and financial levels. It provides comprehensive statistics, allowing users to view detailed financial reports, processor connections, and more. Paytiko is fully PCI and GDPR certified, ensuring secure transactions. The platform’s single API integration protocol connects your business with numerous payment service providers. Paytiko is transparent about all processing fees or commissions associated with payments. It also offers multiple payment channels, including credit cards, bank transfers, and other electronic modes. With its support for any online payment method, Paytiko enables businesses to connect with both local and global payment providers effortlessly. Year Founded: Paytiko was founded in 2020. Headquarters: Paytiko’s headquarters are located in Sofia, Bulgaria. Why choose Paytiko? Comprehensive Solution: Paytiko offers a complete, customizable, and cumulative payment solution. Ease of Use: They have devised a business model that takes their clients into consideration through their clarity of services, simplicity in billings, and ease of use. Direct Access: Unlike their competitors, they offer their clients direct and immediate access to payment providers from the start. Unique Portals: They provide unique portals for each connected business URL. Fixed Monthly Pricing: Their services are distinguished by a fixed monthly pricing system and no incurred commissions based on volume or transaction attempts. Risk Appetite Risk AppetiteLow Risk, Medium Risk, High Risk Features 3D Secure Processing,Cross Border Payments,Currency Conversion,Payment Link,Payouts,Delayed Capture,Real Time Payments,Recurring Payments,Refunds,Split Payments Solutions Accounting Integrations,Acquiring,Banking-as-a-service,Blacklisting,Card Vaulting,Cross-border Payments,Encryption,Fraud Prevention,Invoice Payments,Mobile Checkout,Monitoring & Reporting,One-click Payment,Online Payments,Open Banking,Payment Gateway,Payment Tokenization,Risk Management & Security,Smart Routing,Virtual Terminal Accepted Industries CBD,E-commerce,Education,Financial Services,Gaming,Hospitality,Marketplaces,Pharma,Travel Payment Options 1Ali Pay,American Express,Apple Pay,Diners Club,Discover,Google Pay,JCB,Maestro,Mastercard,UnionPay,V pay,Visa,Visa Electron,WeChat Pay Social Link LinkedIn

Airwallex is a global fintech company that offers cross-border payment solutions and financial services. Benefits: Cross-Border Payments: Airwallex facilitates cross-border payments, allowing businesses to send and receive money internationally in multiple currencies. Global Currency Accounts: Businesses can open and manage global currency accounts with Airwallex, enabling them to hold and manage funds in different currencies. Transparent FX Rates: Airwallex aims to provide transparent and competitive foreign exchange rates, helping businesses save on currency conversion costs. Efficiency and Speed: The platform is designed to offer efficient and speedy cross-border transactions, reducing the time and complexity traditionally associated with international payments. Scalability: Airwallex provides services that can scale with the needs of businesses, whether they are startups or established enterprises expanding globally. API Integration: Airwallex typically offers API (Application Programming Interface) integration, allowing businesses to seamlessly integrate its financial services into their existing systems and workflows. Multi-Currency Cards: Some offerings may include multi-currency cards, providing businesses with the flexibility to make payments and expenses in different currencies. Features: Multi-Currency Wallet: Airwallex often provides businesses with a multi-currency wallet, allowing them to hold and manage balances in various currencies. Payment Gateway: The platform may offer a payment gateway for online businesses, enabling them to accept payments in multiple currencies through various payment methods. FX Risk Management: Airwallex may provide tools and features to help businesses manage foreign exchange (FX) risk, allowing them to mitigate potential losses due to currency fluctuations. API Documentation: For developers, Airwallex typically provides comprehensive API documentation and developer tools to facilitate the integration of its services into custom applications. Compliance and Security: Airwallex places a strong emphasis on compliance with financial regulations and typically implements robust security measures to protect user data and transactions. Business Expense Management: Some offerings may include features that help businesses manage and track their expenses, especially when dealing with international transactions. Customer Support: Airwallex typically provides customer support to assist businesses with any inquiries or issues related to their financial services.   Social Link

Payrails is a company that aims to simplify payment experiences and financial services for high-growth companies globally. They offer a ledger-based operating system that allows enterprises to build, operate, and scale payment acceptance and embed financial services without the need for a costly and complex in-house infrastructure. It is backed by top-tier investors Andreessen Horowitz and HV Capital. Social Link LinkedIn

PayAdmit is an online payment processing service that caters to businesses of various sizes and industries. They offer a comprehensive suite of payment processing tools, including a white label payment system that allows businesses to have a payment system on their own domain with separate infrastructure, branding, and design. Their cashier service acts as a payment aggregator, meeting the needs of companies of all sizes. Additionally, they offer a Payment Bridge, a connecting software that helps connect counterparties with cashier services and platforms. By providing these diverse services, PayAdmit ensures seamless and efficient payment processes for businesses. Their commitment to providing best-in-class payment services makes them a reliable choice for businesses looking for comprehensive payment solutions. Year Founded: PayAdmit was founded on March 22, 2022. Headquarters: PayAdmit is headquartered in London, England, United Kingdom. Why choose PayAdmit? One-Stop Payment Gateway Solution: PayAdmit is a one-stop payment gateway solution for companies of any size looking for a reliable payment partner. Variety of Services: They offer a variety of services for merchants, including card processing, payment links, intelligent routing and cascading, crypto payments, cashier services, etc. Safety: They offer a secure anti-fraud system. Favorable Prices: The PayAdmit service offers clients several tariff plans. Great Variety of Electronic Payment Methods: With PayAdmit, you can accept payments from credit and debit cards, e-Wallets, online banking, SWIFT/SEPA bank transfers, and other eCommerce payment systems. PCI DSS Compliant: PayAdmit is PCI DSS compliant. Flexible Setup: Customers can set up the payment gateway however they want. Storing Data in One Place: No matter how many payment channels your business uses, you can store all the information in one place, which makes it easier to control and manage finances. Smart Routing: Their eCommerce payment processor offers clients intelligent routing and cascading. Easy Payment Data Management: The PayAdmit payment service provides convenient traffic management. 24/7 Technical Support: Their technical support specialists work 24/7, so they are always in touch and ready to answer all your questions. Risk Appetite Risk AppetiteMedium Risk, High Risk ,PCI CompliantLevel 2 ,RegulatedNo ,Live MID ETA8-14 days ,Processing currenciesEUR, GBP, UAH, USD ,Settlement CurrenciesUSDT, EUR ,Settlement Cycle7 days,API DocsLink Features 3D Secure Processing,Cross Border Payments,Currency Conversion,Payment Link,Payouts,Real Time Payments,Recurring Payments,Refunds,Split Payments Solutions Blacklisting,Card Vaulting,Customized Checkout,Fraud Prevention,Master Merchant Account,Mobile Checkout,Monitoring & Reporting,Online Payments,Open Banking,Payment Gateway,Payment Tokenization,Retry logic,Risk Management & Security,Smart Routing,Whitelabel Accepted Industries Crowdfunding,Crypto,E-commerce,Education,Financial Services,Gambling,Gaming,Hospitality,Marketplaces,Travel Payment Options 1Ali Pay,American Express,Apple Pay,Diners Club,Discover,Google Pay,JCB,Maestro,Mastercard,UnionPay,V pay,Visa,Visa Electron,WeChat Pay Social Link Facebook LinkedIn

Payoneer is a renowned global payment platform that facilitates online money transfer and digital payment services. It allows businesses and professionals to conduct transactions globally with the same ease as local transactions. Payoneer’s multi-currency account feature enables businesses to operate in multiple currencies, expanding their global reach. The platform supports transactions in over 70 currencies and is available in more than 190 countries. With a focus on user-friendliness and security, it has become a trusted choice for millions of customers worldwide for managing and moving money across borders. Year Founded: It was founded in 2005. CEO: The CEO of Payoneer is John Caplan. Headquarters: It is headquartered in New York City, United States. Why choose Payoneer? Global Reach: It supports transactions in over 70 currencies and is available in more than 190 countries. Multi-Currency Transactions: Payoneer’s multi-currency account feature enables businesses to operate in multiple currencies. Ease of Use: It offers a simple and user-friendly platform for managing and moving money around the world. Security: It ensures the safety and security of your transactions. Customer Satisfaction: Based on over 53,000 Trustpilot reviews, Payoneer has a “Great” rating of 4.1/5. Customers are very satisfied with Payoneer’s fair pricing and its friendly and attentive customer service team. Risk Appetite Processing currenciesEUR, GBP, USD ,Settlement CurrenciesEUR, GBP, USD ,API DocsLink Features Recurring Payments,Refunds Solutions Smart Routing Accepted Industries E-commerce,Gaming,Hospitality,Travel Social Link LinkedIn