Payment Order Management is a set of systematic processes and orchestration that aims to manage the capturing and processing of a payment transaction. It is not limited by the origin of the payment order type or the format. It contributes to the optimization of the payment system resources by providing intelligent decision-making capability based on payment data, leading to an efficient orchestration of payment processing - an orchestration process that can be viewed using a personalized and interactive dashboard. This paper deals with the various modules of payment order management suite, and its role in progressive renovation of the legacy payment systems at great detail.
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