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What is Hyperswitch?

Hyperswitch is a composable, open-source payments platform that presents a quick, dependable, and budget-friendly method for interfacing with multiple payment processors via a unified API, thereby improving payment conversion rates while reducing expenses and operational challenges. This solution is meticulously designed to guarantee superior API performance, characterized by low resource usage and minimal latency. Utilizing an API-first strategy and a modern, cloud-native tech framework that incorporates microservices architecture, it boasts remarkable scalability. Moreover, it features automatic recovery protocols for both application and database disruptions, ensuring uninterrupted service. The architecture is also designed to be extensible, facilitating Multi Region Active-Active deployments, which are essential for international operations. In addition, this platform emphasizes data privacy by adhering to essential principles, thereby enhancing security across all payment transactions. Its comprehensive approach not only enhances user experience but also fosters trust in the system’s reliability.

What is Alacriti?

Alacriti's Orbipay Payments Hub stands out as a cloud-native platform compliant with ISO 20022 standards, specifically designed to modernize and secure payment systems for financial entities. This cutting-edge solution facilitates extensive payment orchestration across multiple networks, including TCH’s RTP, FedNow Service, Visa Direct, Fedwire, and ACH, all within a unified and secure framework. Thanks to its microservices architecture and open APIs, the platform enables seamless integration with existing systems for core banking, digital services, fraud detection, and risk management, thereby simplifying deployment and enhancing scalability. Additionally, Orbipay is equipped with intelligent payment routing features, allowing institutions to create adaptive rules based on factors such as cost, speed, and reliability, which in turn optimizes the efficiency of transaction processing. Moreover, the platform integrates comprehensive fraud and risk management functionalities that provide real-time surveillance and compliance assessments, reinforcing security while reducing operational vulnerabilities. In essence, Orbipay embodies a progressive solution that equips financial organizations to navigate the changing landscape of digital payments, all while ensuring high levels of security and operational effectiveness. As such, it positions itself as a crucial tool for institutions looking to thrive in an increasingly digital financial environment.

Media

Media

Integrations Supported

Adyen
Braintree
Cloud Insurance
Elestio
Klarna
PayPal
Stripe
Worldpay

Integrations Supported

AKUVO
Alkami Digital Banking Platform
Amazon Web Services (AWS)
Backbase
Fiserv
Glia
Lumin Digital
Q2
Socure

API Availability

Has API

API Availability

Pricing Information

Self-Host Community Edition - Free
Self-Host Enterprise Edition - Contact Us
Hyperswitch Cloud - Contact Us
Free Version

Pricing Information

Pricing not provided

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Not specified

Training Options

Documentation Hub

Training Options

Not specified

Company Facts

Organization Name

Juspay

Date Founded

2012

Company Location

San Mateo

Company Website

hyperswitch.io

Company Facts

Organization Name

Alacriti

Date Founded

2003

Company Location

United States

Company Website

www.alacriti.com

Categories and Features

Payment Orchestration

Not specified

Categories and Features

Payment Orchestration

Not specified

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