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Enterprise Layer Intelligence
Categories/Payment Processing/Hyperswitch
Hyperswitch

Hyperswitch

Founded 2023

Route transactions across multiple payment processors using a single unified application interface

Pricing model

Free

Rating

★ People love it

Time to value

Moderate Setup (1-3 hours)

You can use Hyperswitch to connect your checkout flow to hundreds of payment service providers through one unified code interface. It lets you configure rules to route transactions to the processor with the highest success rate or lowest fee. You can securely store customer card details and network tokens in a vault for recurring billing. It also provides automated reconciliation to match bank settlements with transaction logs, custom retry mechanisms to recover failed payments, and cost monitoring dashboards to track interchange and scheme fees.

What Hyperswitch does

Configure fallback payment rules for failed transactionsTokenize customer credit cards in a PCI-compliant vaultReconcile daily payment processor deposits against sales ordersAnalyze interchange fee discrepancies across acquiring banksConnect new payment gateways via a single unified APITrigger automated payment retries based on specific decline codesRule-based routing to switch between different payment processorsBuilt-in vault to store card tokens and raw payment detailsAutomated retry mechanisms to recover failed recurring transactionsUnified reconciliation framework that pulls data from multiple merchant banksCost monitoring dashboards to track interchange and processor feesCustomizable 3DS workflows to evaluate fraud risks before processingEmbeddable checkout widgets for alternative payment methods

Pricing breakdown

Pricing model: Free

Tutorials & Demos

Frequently asked

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Hyperswitch, payment orchestration, payment routing, payment gateway API, card vault, payment reconciliation, recurring billing, network tokenization, 3DS authentication, payment retries, checkout widgets, payment fee analysis, open source payments, payment switch, multi-PSP routing