The Future of In-Person Payment Orchestration | Aevi | Money20/20 Europe

At Money20/20 Europe in Amsterdam, we sat down with Sarah Koch, Director of Marketing and Communications at Aevi, one of the leading experts in in-person payment orchestration.

Sarah offers her perspective on the value and advancement of in-person payment orchestration in today’s dynamic payments arena.

“Despite its critical importance, in-person payment orchestration isn’t receiving the attention it deserves,” Sarah started. “There are so many complexities related to in-person transactions, including regulation variance, multiple schemes, and many players that need to be put together seamlessly.”

Orchestration services have been developed to enable businesses to operate effectively within this environment, she added.

“Orchestration services allow all payment technologies, schemes, methods, systems, and channels out there to be integrated and managed through an open and centralized payment ecosystem. It’s a vital component of the industry.”

As Sarah explained further, Aevi leads in the direction where in-person payment orchestration is as easy and streamlined as in e-commerce.

“When you buy online, the checkout is completely seamless and through multiple payment methods; however, when it comes to retail, there are devices, logistics, and regulatory challenges. Our purpose at Aevi is to bring these four elements together and to make in-store payments even more innovative than online,”.

Another issue that the article pointed out was the fact that alternative payment options required merchants.

“Customers expect the same seamless experience in-store as they do online. Aevi’s solutions not only solve merchant pain points but also enhance the customer experience at the point of sale through seamless integrations and checkout processes.”

Speaking in more significant terms, Sarah said, “Our orchestration services cater primarily to merchant-serving businesses – to financial institutions, ISOs, and ISVs, and add considerable value to their respective merchant bases. For example, an ISO or ISV with a large network of merchants can, with a flip of a switch, change their host connector without any business disruption. This was a very convoluted and expensive process before our platform made it as easy and affordable.”

Another benefit she pointed out was being future-ready.

“Our platform is designed to integrate with the latest payment technologies, ensuring our clients are competitive and future-proof. This flexibility and preparedness are among the biggest advantages for our clients.” What sets Aevi apart is that it is the only independent in-person payment orchestrator in the field. “Our mission is to set payments free, which means offering choice and flexibility. We empower our clients to choose their partners, acquires, and host connectors while maintaining their brand identity. Aevi’s solutions enable them to shine in front of their customers.”

In the reflection of Money20/20, Sarah said: “Money20/20 is the most important event for us during the year, whether in Amsterdam or Las Vegas. This allows us to meet industry peers, which is invaluable, and to interface in person for our business.” In summary, Sarah Koch’s words at Money20/20 Europe announce the in-person payment orchestration revolution. With our innovative solutions, Aevi is paving the way for a landscape of payment that is more integrated, flexible, and ready for the future.