Hyperswitch

Hyperswitch is an advanced payment orchestration platform designed to improve payment authorization rates and reduce processing latency. By intelligently routing transactions to the most suitable payment service providers (PSPs), Hyperswitch can achieve up to a 10% increase in successful authorizations. This system ensures that businesses can maximize their revenue potential by connecting directly with bank acquirers across various markets.

In addition to its core functionalities, Hyperswitch offers seamless 3D Secure (3DS) authentication to enhance security for Strong Customer Authentication (SCA) requirements. The platform is engineered to minimize payment processing delays by 20%, providing a smoother experience for customers and merchants alike.

Key features

• Intelligent routing: Automatically directs transactions to the best PSP for optimal results.
• Direct bank connections: Establishes links with global bank acquirers for enhanced performance.
• Improved authorization rates: Achieves up to a 10% increase in successful payment approvals.
• Reduced latency: Minimizes processing delays by 20% for faster transactions.
• Seamless 3DS authentication: Provides a secure and smooth experience for SCA compliance.
• Global market support: Facilitates transactions across various international markets.
• Real-time analytics: Offers insights into transaction performance and trends.

Best use cases

• E-commerce platforms: Optimize payment processes to increase conversion rates.
• Subscription services: Enhance recurring billing efficiency with improved authorizations.
• Marketplaces: Manage complex payment flows between buyers and sellers effectively.

Pros & Cons

• ✅ Significant improvements in payment authorization rates enhance revenue.
• ✅ Intelligent routing optimizes transaction success based on real-time data.
• ✅ Direct connections reduce dependency on third-party processors.
• ✅ Enhanced security features protect against fraud and chargebacks.
• ✅ Real-time analytics provide valuable insights for decision-making.
• ❌ Initial integration may require technical expertise to set up effectively.
• ❌ Availability of features may vary depending on regional banking partnerships.
• ❌ Some businesses may find the pricing structure complex.