Payment Orchestration Platform Market Report 2025

The payment orchestration platform market size has grown rapidly in recent years. It will grow from $2.56 billion in 2024 to $3.06 billion in 2025 at a compound annual growth rate (CAGR) of 19.7%. The growth observed during the historic period is due to the increasing adoption of e-commerce, the proliferation of digital payment methods, the rise in cross-border transactions, a stronger emphasis on customer payment experience, and the growing demand for unified payment infrastructure.

The payment orchestration platform market size is expected to see rapid growth in the next few years. It will grow to $6.22 billion in 2029 at a compound annual growth rate (CAGR) of 19.4%. The growth projected for the forecast period is driven by the same factors: increasing e-commerce adoption, a rising number of digital payment methods, more cross-border transactions, enhanced focus on customer payment experience, and greater demand for unified payment infrastructure. Key trends expected during the forecast period include advancements in AI-powered payment engines, deeper integration with blockchain technology, the development of no-code orchestration platforms, innovations in API-first payment solutions, and improvements in multi-currency and cross-border payment support.

The growing adoption of digital payments is expected to drive the expansion of the payment orchestration platform market in the coming years. Digital payments involve transferring money using phones, computers, or cards instead of cash. This increase is largely attributed to the rising penetration of smartphones and internet access, which makes it convenient for users to access and use digital payment options anytime and anywhere. A payment orchestration platform supports digital payments by linking multiple payment providers through a single system, ensuring transactions are faster, safer, and more reliable for both businesses and customers. For example, in June 2025, according to Coinlaw, a US-based fintech company, the global digital payments transaction value reached $8 trillion in 2024, up from $7 trillion in 2023. Consequently, the surge in digital payment usage is fueling the growth of the payment orchestration platform market.

Key players in the payment orchestration platform market are concentrating on developing sophisticated solutions such as AI-powered B2B payment orchestration engines to improve, streamline, and automate complex enterprise payment workflows. An AI-powered B2B payment orchestration engine is a tool that leverages artificial intelligence to help businesses manage and automate payments to other businesses more efficiently and effectively. For instance, in April 2024, Emagia Corporation, a US-based fintech company, launched GiaPay. This solution automates invoice-to-cash processes, optimizes payment routing, and lowers transaction costs through intelligent AI algorithms, enabling faster, seamless, and cost-effective orchestration of B2B customer payments for global enterprises. It features a unified payment connector that allows businesses to process credit card and bank payments via a single integration point, along with smart orchestration that routes transactions optimally to reduce processing fees.

In March 2023, Mangopay S.A.S., a fintech company based in Luxembourg, acquired WhenThen Ltd. for an undisclosed sum. Through this acquisition, Mangopay aims to enhance its payment orchestration capabilities by integrating WhenThen’s modular, real-time payment infrastructure. This integration allows platforms and marketplaces to quickly build, test, and deploy customized payment flows more efficiently across multiple providers. WhenThen Limited is an Ireland-based company that specializes in enabling businesses to easily create and manage custom payment flows using a no-code payment orchestration platform.

Major players in the payment orchestration platform market are Adyen N.V., Amadeus IT Group SA, Worldline SA, Stripe Inc., ACI Worldwide Inc., Spreedly Inc., Payoneer Inc., Rapyd Financial Network Ltd., Juspay Technologies Private Limited, Checkout Ltd, Chargebee Inc., BlueSnap Inc., Emagia Corporation, APEXX Fintech Ltd., IXOPAY GmbH, CellPoint Digital Ltd., BridgerPay Ltd., Corefy Ltd., Gr4vy Inc., and Rebilly Inc.

North America was the largest region in the payment orchestration platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in payment orchestration platform report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the payment orchestration platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the financial sector, particularly in investment strategies and risk management. Heightened tariffs have fueled market volatility, prompting cautious behavior among institutional investors and increasing demand for hedging instruments. Banks and asset managers are facing higher costs associated with cross-border transactions, as tariffs disrupt global supply chains and dampen corporate earnings, key drivers of equity market performance. Insurance companies, meanwhile, are grappling with increased claims risks tied to supply chain disruptions and trade-related business losses. Additionally, reduced consumer spending and weakened export demand are constraining credit growth and investment appetite. The sector must now prioritize diversification, digital transformation, and robust scenario planning to navigate the heightened economic uncertainty and protect profitability.

A payment orchestration platform is a centralized system that manages and streamlines payment processing across multiple payment service providers and methods through a single integration. It enables businesses to optimize transaction routing, minimize failures, and simplify reconciliation while maintaining compliance and security.

The primary types of payment orchestration platforms include business-to-business (B2B), business-to-consumer (B2C), and consumer-to-consumer (C2C). Business-to-business (B2B) involves transactions where payments and services are exchanged between businesses rather than between a business and individual consumers. The payment methods supported include credit cards, debit cards, digital wallets, and bank transfers. Key functionalities include cross-border transactions, risk management, advanced analytics, and reporting, serving various end users such as banking, financial services, and insurance (BFSI), e-commerce, healthcare, travel and hospitality, and others.

The payment orchestration platform market research report is one of a series of new reports that provides payment orchestration platform market statistics, including payment orchestration platform industry global market size, regional shares, competitors with a payment orchestration platform market share, payment orchestration platform market segments, market trends and opportunities, and any further data you may need to thrive in the payment orchestration platform industry. This payment orchestration platform market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The payment orchestration platform market consists of revenues earned by entities by providing services such as routing transactions, handling payment failures, offering fraud prevention, and real-time transaction monitoring. The market value includes the value of related goods sold by the service provider or included within the service offering. The payment orchestration platform market also includes sales of payment gateways, transaction routing engines, smart retry and cascading tools, and centralized dashboards. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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