Payment Orchestration Platform Market Size

The global market for Payment Orchestration Platform was valued at US$ 2859 million in the year 2024 and is projected to reach a revised size of US$ 13960 million by 2031, growing at a CAGR of 25.8% during the forecast period.

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A Payment Orchestration solution should enable merchants to take control of payment acceptance, from checkout through to the settlement of funds into the merchant's bank account. Merchants could stay competitive and agile in the constantly evolving payments landscape by using a single API to connect the merchant with multiple service providers such as payment service providers (PSP), acquirers, processors, enterprise resource systems (ERP), or business intelligence, analytics reporting, and reconciliation services. Even chargeback management, fulfilment and delivery companies, and other third-party services can seamlessly be integrated into the merchant business via a Payment Orchestration solution.

Payment Orchestration is widely applied in many application, such as BFSI, E-commerce, Travel and Hospitality Industry, EdTech, Gaming and Entertainment, Healthcare Industry, etc. Among these application, Travel and Hospitality Industry holds an important market share.

North America is the largest consumption place, with a revenue market share nearly 43%.

Market competition is intense. Spreedly, Payoneer, Cell Point Digital, Worldline, Amadeus IT Group, etc. are the leaders of the industry, with high-end customers. The top five manufacturers held 46% of the market, in terms of Payment Orchestration revenue.

By Type
• B2C
• B2B
• C2C

By Application
• BFSI
• E-commerce
• Travel and Hospitality Industry
• EdTech
• Gaming and Entertainment
• Healthcare Industry

Key Companies
Cell Point Digital, ZOOZ (PAYU), IXOPAY, Payoneer, aye4fin GmbH, Bridge, Amadeus IT Group, Worldline, APEXX Fintech, Rebilly, Spreedly, ModoPayments

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