The Orders API makes it possible to create ‘orders’. An order contains the personal information of a customer (e.g. address) and products that the customer ordered. When an order is made, a corresponding payment will be created automatically.
The new Orders API has all the functionalities the Payments API has, but also offers other functionalities. For example, the ability to offer pay after delivery payment methods, like Klarna: Pay later.
Other functionalities will be made available in the future.