GigaFlopz App

GigaFlopz Sales CRM

GigaFlopz Microservices

Contact Us

Our Latest Blogs

Payment Orchestration

Our vision is to make an unique solution for Payment Orchestration globally and transform the payments industry. Our cutting-edge platform helps our clients turn payments from a cost to a profit booster. Beyond optimizing the payment experience, our innovative solutions help you gain insight into your payment ecosystem to maximise approvals, lower costs and take control of payments resulting in more money to the bottom line.

Why Payment Orchestration

Capture every revenue opportunity

  • $8.6bn annual lost revenue by merchants due to false declines
  • 30% transactions recovered with fallbacks

Recover potentially lost revenue by instantly reattempting a failed transaction through another processor to maximize revenue.

Prevent payments fraud

  • $48bn lost by merchants to payment fraud in 2023
  • 60% of merchants have reported increased first-party fraud since 2021

Improve-checkout-conversion

  • 76%of consumers will abandon a checkout if it’s too cumbersome
  • $18bn annual sales revenue lost by merchants annually due to cart abandonment

Boost-payment-success

  • 5% average authorization rate uplift
  • 30% transactions recovered using fallbacks
  • 26% average decline in fraud

Expand-to-new-markets

  • Convert customers from every corner of the world
  • 75% of customers want to see their preferred payment method at checkout

Wide range of payment methods

Connect with every payment method your customers need: Our PaaS solution supports a wide range of payment methods, including credit and debit cards, digital wallets, bank transfers, and more. By offering your customers multiple payment options, you can increase your conversion rates and provide a seamless checkout experience.

Immediate benefit for your business

  • Increasing sales through great payment conversions globally.
  • Driving down costs for payments.
  • Increasing transparency into payment effectiveness.
  • Simplifying complexities with legacy technology and integrations, making back-office operations run more smoothly.
  • Delivering a fast and seamless payment experience for your customers.
  • No complicated integration or changes to your existing provider contracts.
  • Easily maximise multiple payment providers, acquirers and PSPs to create an ecosystem that works for you – holding your key partners accountable for delivering and never being without the ability to process payments.

Reduce Back-office Bottlenecks

If you’re managing a global business, digital payments are a must-have – but can be overwhelmingly complex and costly. But it doesn’t have to be that way.

Our solutions have built-in automated tools that eliminate bottlenecks and optimise workflows across your business. Reconciliation, chargebacks, and settlement across all of your payment providers are all easier through our system and that frees up your team to focus on other more important tasks.

How the Payment Orchestration Platform helps your business

Increasing Sales

Our intelligent routing engine ensures that more transactions are approved and we offer more than 400 ways to process payments so that your customers have the right payment type in the right market at the right time. Automatic Fail over rules route failed transactions to a different provider when one may be down, marking sure you don’t lose any sales.

Driving Down Costs

Using multiple payment providers, PSPs and acquirers gives you the power to route your payments to the most effective or least expensive provider. We are pro-vider agnostic and can help you maximize your sales while minimizing costs.

Increasing Transparency

Having insight into the performance of your payment ecosystem gives you the power to be sure your payments are bringing your business the greatest bene-fit. Our control console, gives you greater transparency into details across all of your payment transactions. You can track payments end-to-end to catch any issues or problems or find opportunities to improve performance.

Enhanced Customer Experience

By providing the right payment type at the right time, you can convert more customers and provide them with a seamless experience. You can reduce cart abandonment through more completed payments and the result will be happy customers who return for more.

Optimise Transactions

Though automation, our system selects the best acquirer based on their performance and fee structure and retries any failed transactions with another acquirer to ensure acceptance. Not satisfied with your cur-rent transaction optimisation. No problem, the velocity Payment Orchestration Platform makes it easy to make changes with just the click of a mouse.

Fallback routing

Dynamically route payments on a payment method based on the success rate or availability of the service. Handle failed or declined payments intelligently. Fall back to an alternative processor when your default’s down, and retry failed payments immediately or after a set timeframe.

Accurate and timely reconciliation is critical to the success of your ecommerce business. That’s why we offer a 2 level reconciliation system that ensures every transaction is captured, even in low network latency situations.