What is HyperSwitch?
Access the entire payment ecosystem with a Single API. Hyperswitch connects you to multiple payment processors to embrace diversity. It improves payment success rates and reduces payment costs, ops and dev efforts. Built on Rust as an open-source product.
Problem
Businesses face challenges in processing payments due to integration complexity with multiple payment processors, leading to lower payment success rates, higher payment costs, and increased operational and developmental efforts.
Solution
Hyperswitch is an open-source payments switch offering a single API for accessing the entire payment ecosystem, allowing businesses to connect with multiple payment processors easily. This integration simplifies the payment process, aiming to improve payment success rates and reduce payment costs, ops and dev efforts.
Customers
Businesses in various sectors looking for efficient, cost-effective payment processing solutions that can seamlessly integrate with multiple payment processors.
Unique Features
Built on Rust for performance and security, single API access to multiple payment processors, open-source nature for customization and transparency.
User Comments
The product is new; user comments are not available.
Traction
Detailed traction data is not available.
Market Size
The global online payment market size is expected to reach $17.5 trillion by 2027.
