What is Payment Orchestration?
Also known as: Ödeme orkestrasyonu
Payment orchestration is a technology layer that lets a business manage multiple bank virtual POS accounts and payment service providers through a single integration and a single dashboard. Each transaction is routed to the most suitable channel based on cost, success rate and business rules, and if a channel fails the transaction is automatically moved to a backup channel.
How does Payment Orchestration work?
- Instead of integrating with each bank separately, the business connects to the orchestration platform through one API. The platform manages the bank and PSP connections behind the scenes.
- When a payment request arrives, a rules engine decides which channel to use, looking at the card's issuing bank, number of instalments, amount, each channel's live success rate and commission rates.
- Results are reported in a single format regardless of the channel used; reconciliation and card tokenization are also handled centrally for all channels.
Key points
- Removes dependency on a single bank
- Lowers payment costs through smart routing
- Prevents lost sales during bank outages with failover
- Provides one report and one reconciliation screen for all channels
Payment Orchestration with Treps
Treps is a bank- and PSP-agnostic payment orchestration platform in Turkey. Treps is not itself a payment institution; it is a management layer that runs on top of the banks and payment institutions the business already works with. With its "Commission Saver" approach, it aims to route every transaction not just successfully, but through the most cost-effective channel.
Frequently asked questions
What is the difference between payment orchestration and a payment gateway?
A payment gateway is the technical bridge that passes a transaction to a bank. Payment orchestration is the layer above that manages multiple gateways, virtual POS accounts and PSPs together: it decides which channel each transaction uses, switches to a backup channel on failure and reports on all channels in one place.
Which businesses need payment orchestration?
Businesses that work with several banks, manage instalment campaigns across different banks, or whose transaction volume makes differences in commission and success rate directly visible in revenue — such as e-commerce, marketplaces, insurance, energy, education and companies with dealer networks.
Does payment orchestration require a payment institution licence?
The orchestration layer does not hold funds; transactions are processed through the licensed banks and payment institutions the business already has agreements with. The business therefore does not need a separate licence.