Axerve launches Payment Orchestra processing platform in the UK

Monday 21 February 2022 14:07 CET | News

Italy-based fintech Axerve has announced the roll out of Payment Orchestra, designed to augment ecommerce merchants with a suite of payment services.

Already active in Italy and launching in Spain, the solution will now be available to all UK merchants, entrepreneurs, and SMEs, enabling them to manage their ecommerce shops with seamless payment processes designed to increase ease of doing business for merchants and end-customers alike. 

Payment Orchestra manages the interoperability between all the transaction processes and simplifies payments configuration thanks to a new proprietary software architecture. It may cut the costs of multiple ecommerce integrations and allow independence from payment service providers. Its multi-solution integration system gives businesses the possibility to automatically switch payments to the best performing provider at the time of purchase.

According to the press release, the launch comes at a time when the industry is seeing record growth and European Ecommerce revenues are forecasted to total EUR 412 billion in 2021, with the annual increase (CAGR) over the period 2021-2025 to approach 5.16%, leading the whole market to reach volumes of EUR 504 billion in 2025.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: payment gateway, payment processing, expansion, ecommerce, merchants, SMEs
Categories: Payments & Commerce
Companies: Axerve
Countries: United Kingdom
This article is part of category

Payments & Commerce


Discover all the Company news on Axerve and other articles related to Axerve in The Paypers News, Reports, and insights on the payments and fintech industry:

Industry Events