In the rapidly evolving tech landscape, the promise of control reigns supreme. And, it’s why founders, CEOs, and technical decision-makers are increasingly drawn to the idea of building in-house platforms. The appeal is understandable: complete sovereignty over every layer of the tech stack, from the user interface down to the most granular data interactions. It's an intoxicating vision that promises a bespoke solution tailored precisely to a company's unique needs.
By the term “orchestration,” the first thing that comes to mind is the systematical or automated coordination and management of different components to achieve a particular goal. So, if you think of payment orchestration, it will mean coordinating and managing different payment services, payment methods, payment service providers, payment gateways, payment processors, and payment networks in a systematic and automated way to process payments smoothly, efficiently, and securely.