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Fintech▲ 40
Payments orchestration boosts transaction approval rates
PYMNTS·
The evolution of payments orchestration now focuses on optimizing merchant success rather than just connecting to multiple processors. While many businesses have adopted orchestration, some still face challenges with failed transactions, payment outages, and complex integrations. The key lies in understanding and implementing specific capabilities within these systems that actively drive higher approval rates. This suggests a shift towards more sophisticated strategies to ensure seamless and successful payment processing for merchants and their customers.
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PYMNTS — pymnts.com