Payments orchestration promises a possibility-filled future for merchants. They want one connection to maintain to achieve global reach with configurable routing tools and logic. But can today’s vendors provide what merchants need?
At the bare minimum, yes.
There’s much more work and growth to be done. But who will do that work?
At Merchant Risk Council Berlin, we reaffirmed that hiring is rising for payments and fraud jobs within Europe and the U.S. Given the Merchant Risk Council and Merchant Advisory Group’s entries into Southeast Asia, the merchant payments industry is blooming. And as always, engineering remains heavily in demand.
The conversation I witness is will merchants get the tools they need to do their jobs well and with agency. Ultimately, will they build or buy what they need?
Cracking Open the Payments Orchestration Layer identifies the functional components required for a merchant platform. Co-authors Spreedly, Apexx.Global, and Gr4vy provide development estimates for each of the elements necessary to meet three bespoke use cases allowing merchants to make fully informed build or buy decisions when determining their payment strategy.
This whitepaper includes MVP requirements and an architecture diagram for an American physical goods retailer, a European marketplace, and a digital goods subscription merchant. The paper also contains tables with delivery time estimates and definitions for each component.