15 December 2023
Cashfree Payments, India's leading payments and API banking company, announced its foray into payment orchestration with the launch of 'FlowWise'. Built in-house, this secure and cutting-edge payments orchestration platform empowers Indian businesses to seamlessly use multiple payment aggregators with just one integration, and efficiently route payments to various partners on specific requirements in real time. This launch aligns with the company's focus of strengthening its product portfolio to further bolster growth while expanding its customer base.
With FlowWise, Cashfree Payments has introduced an innovative and industry-first concept of 'self-hosted payments orchestration', allowing payment management to take place directly on the merchant's infrastructure. It is India's first cloud-native orchestration platform and aims to improve success rate by up to 10% and cut the processing costs up to 40%. FlowWise's self hosting feature eliminates safety concerns, making it one of the most secure, scalable and cost effective solutions for merchants.
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