The new payment orchestration platform, founded by industry veterans Angel Gechev and Boris Kostov, offers broad international coverage, modular design, simplified implementation, affordability, and improved approval rates.
The paytech startup Orchestr officially launched its global payments platform, which combines payment gateway experience, card processing, and alternative payment method support in a unified interface with smart routing capabilities.
Orchestr operates globally, offering merchants access to 200+ payment methods, 60+ global acquirers, and 50+ currencies. This cloud-native SaaS solution has a modular structure, with core components such as built-in fraud detection and monitoring with chargeback tools, risk management, token vaulting & PCI DSS compliance, open banking, as well as plug-and-play integrations with major fintech players and shopping carts (Stripe, PayPal, Worldpay, Paysafe, Checkout.com, Nuvei, OpenCart, Adobe Commerce, WooCommerce, and more).
One of the main advantages of the new platform is its AI-powered transaction routing system. It automatically chooses the best payment provider for a particular transaction based on real-time data like issuer preferences, geography, or card type, therefore boosting the approval chances for an average of 10%-15%. Additionally, routing transactions through the most cost-effective acquirers helps merchants reduce overall processing costs.
Among the platform’s other attractive features, the unified integration layer is worth mentioning, as instead of building and maintaining integrations with many gateways, fraud tools, and APMs, merchants may just plug into Orchestr’s single API. Such a unified approach also helps avoid extra complexities linked to analysing scattered data across multiple PSPs. To simplify data visibility, Orchestr provides a single dashboard for real-time insights and streamlined financial reconciliation.
As Orchestr’s team has over 40 years of combined experience in online payments, they understand the pain points of international commerce too well, hoping to unify disconnected payment tools, cut avoidable expenses, and provide merchants with end-to-end transparency and control over transactions with this new payment orchestration product.
Orchestr is already partnering with global merchants in sectors like e-commerce, digital entertainment, travel, online services, and finance. It has offices in Bulgaria and the UK, focusing on supporting businesses across Europe and worldwide.
