CONCRYT, the Barcelona-headquartered payments technology company, has integrated its payment gateway with PaymentIQ, a SaaS-based payment orchestration platform that connects merchants to more than 400 payment service providers through a single technical layer. Announced on 11 August 2026, the integration means that CONCRYT becomes available to every merchant already on the PaymentIQ platform as a configurable routing option rather than a new development project.
The practical effect is that merchants can now direct deposit, payout and refund flows through CONCRYT’s gateway from within their existing PaymentIQ environment, compare its performance against other providers already live on the platform, and redistribute traffic as acceptance rates, costs or operational conditions shift. CONCRYT has not been drawn into a standalone custom integration; merchants activate it as a configuration change.
What this does for merchants
Payment orchestration platforms have changed the economics of adding a new gateway. Historically, connecting a new provider required a scoped integration project, internal engineering time and a testing cycle that could run to several months before the first live transaction. Aggregating providers behind a single API layer collapses that overhead significantly.
Neil D’Souza, chief executive of PaymentIQ, made the commercial logic explicit: “Adding a payment provider has traditionally meant another integration project. Scoping, development, testing, and months before the first transaction goes through. CONCRYT is now available to every merchant on PaymentIQ as a configuration, not a build. They can switch it on, send a portion of their traffic through it, and compare the results against the providers they already run.”
He added that the benefit is sharpest when a merchant is entering a new market, where local acceptance rates and payout speed can determine whether a launch succeeds or stalls, and where having a testable routing option before committing real volume matters most.
Azimkhon Askarov, co-chief executive and partner at CONCRYT, framed the integration as positioning the company directly inside the decision-making layer of payment operations. “Payment orchestration gives merchants greater control over where transactions are sent, how providers are compared and how volumes are moved when performance or market conditions change,” he said.
Market context and competitive positioning
Payment orchestration is a structurally busy segment. Platforms such as PaymentIQ, Spreedly and Primer have built broad provider networks precisely because merchants want a single point of connection to reduce integration overhead and improve routing flexibility. For gateway providers, being inside an orchestration platform is increasingly a distribution prerequisite: merchants who standardise on an orchestration layer are unlikely to build direct connections to providers not already listed in its catalogue.
For CONCRYT, the integration supports a pattern of growth the company has been pursuing in Europe, including a recent expansion of its European presence and enhancements to its broader product suite. The two companies have described the current integration as the first stage of a longer-term partnership, though they have not specified what subsequent stages will involve or when they will be delivered.
From a regulatory standpoint, cross-border payment routing of the kind this partnership enables sits within the scope of PSD2 in the European Economic Area and its successor framework, PSD3, which the European Parliament has been working through in 2025 and 2026. Merchants routing payouts across jurisdictions also navigate a fragmented set of local licensing requirements; the value of a provider with an established banking partner network, as CONCRYT describes itself, is partly in absorbing that complexity on the merchant’s behalf. Whether CONCRYT holds its own licences in each target market or operates through partner arrangements was not detailed in the announcement.
The forward path for both parties is straightforward to measure: uptake among existing PaymentIQ merchants, the markets in which CONCRYT routing proves most competitive on acceptance rate, and the content of whatever second stage the partnership delivers.
The post CONCRYT Joins PaymentIQ to Expand Merchant Routing Options appeared first on The Fintech Times.
