HyperSwitch

HyperSwitch is a composable, open-source payments platform developed by Juspay Technologies that enables businesses to build and control their entire payment infrastructure through modular components. With over 43,000 GitHub stars, the platform handles 2,000 transactions per second traffic spikes with 99.999 percent uptime reliability and 300-plus payment service provider and acquirer integrations globally. PCI DSS 4.0 Level 1 certified in both the United States and European Union, ISO 27001:2022, and SOC 2 Type II compliant. The Intelligent Routing module uses rule-based, volume-based, and machine-learning-driven algorithms to maximize authorization rates and minimize payment costs by dynamically selecting the optimal processor for each transaction. Cost Observability provides a self-serve dashboard that breaks down scheme fees, interchange fees, and acquirer fees to detect anomalies and optimize payment costs. Revenue Recovery implements a multi-modal intelligent retry engine configurable across 30-plus parameters including decline codes, error types, card BIN ranges, ticket size, region, and payment method to minimize involuntary churn. The Reconciliation Engine automates data fetching from multiple processors and banks with real-time exception handling. The Vault securely stores network tokens, PSP tokens, and raw card details for repeat-customer checkout. Secure Authentication creates PSP-agnostic 3DS workflows tailored to fraud risk scores. Deployment options include self-hosted on cloud or on-premises, or fully managed hosted by Juspay with enterprise-grade SLAs. Customers include Zurich Insurance, Recurly, Narvar, ShopLC, Convesio, Innago, Flowbird, Bask Health, and Axis Health.