Juspay open sources payment orchestrator amid fintech industry shakeup

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The story "Juspay open sources payment orchestrator amid fintech industry shakeup" was covered 2 days ago by YourStory, a news publisher based in India.

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Juspay open sources payment orchestrator amid fintech industry shakeup - YourStory

Quick Summary:

Juspay’s newly open-sourced orchestration technology will allow merchants to self-host the solution within their infrastructure, enabling them to integrate with a diverse range of payment providers while defining their own transaction rules.

By intelligently routing transactions to the most appropriate payment providers based on factors, such as cost, success rates, currency, and geographical location, payment orchestrators streamline the payment process and enhance overall efficiency.

It acts as an intermediary layer between the merchant and various payment gateways, offering flexibility, redundancy, and optimisation capabilities.