Hyperswitch : Revolutionizing Digital Payments With Open-Source Flexibility
Juspay, a leader in payment orchestration since 2012, has introduced Hyperswitch, an open-source payments platform designed to simplify global payments for digital businesses.
Hyperswitch empowers merchants and brands with a modular, enterprise-grade solution to optimize their payment infrastructure.
Key Components Of Hyperswitch
Hyperswitch Backend: The backend facilitates seamless payment processing by supporting various flows such as authorization, authentication, refunds, and chargebacks.
It integrates with external fraud risk management (FRM) or authentication providers and optimizes routing with features like success rate-based routing and intelligent retries for failed payments.
SDK (Frontend): Available for web, Android, and iOS, the SDK unifies the payment experience across methods like cards, wallets, BNPL, and bank transfers. It also supports saved payment methods for a streamlined user experience.
Control Center: This no-code interface allows businesses to manage workflows, routing rules, retries, and integrations with fraud detection systems. It provides detailed analytics, transaction logs, and insights to enhance payment performance.
Modular Design: Businesses can integrate only the required components like intelligent routing, cost observability, or reconciliation without overhauling their existing stack.
Open Source: Hyperswitch ensures transparency and flexibility by allowing merchants to customize their payment systems without vendor lock-in.
Scalability and Reliability: Built to handle up to 5K transactions per second (TPS), it ensures zero downtime with multi-region support.
Enhanced Observability: Offers deep transaction insights through logging and monitoring tools.
Local Setup: Developers can set up Hyperswitch locally using Docker Compose.
Cloud Deployment: Quick deployment on AWS via CDK scripts or Helm charts for GCP and Azure.
Hosted Sandbox: A ready-to-use environment for exploring Hyperswitch’s capabilities.
Juspay envisions Hyperswitch as the “Linux for Payments,” promoting diversity, innovation, and community-driven development.
By offering a reusable core payments stack, it enables businesses to innovate rapidly while ensuring reliability and security.
Hyperswitch is transforming the payment ecosystem by providing a flexible, high-performance platform that adapts to the evolving needs of digital businesses.
Varshini is a Cyber Security expert in Threat Analysis, Vulnerability Assessment, and Research. Passionate about staying ahead of emerging Threats and Technologies.