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.

The business landscape is undergoing radical change across industries, driven by artificial intelligence (AI) and automation. This article will differentiate AI and automation, debunk misconceptions, and highlight what business leaders need to know to navigate the challenges of integrating AI and automation across the value chain. So what’s the difference between AI and automation? AI and automation have distinct purposes.