HyperSwitch - Fast, reliable, and affordable open source payments switch
byβ’
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.
π Hello Product Hunters! I'm Vimal, Founder of Juspay and Iβm super excited to launch our latest product - HyperSwitch.
We fundamentally believe Payments should be open, fast, reliable and affordable to serve billions of people at scale.
In the last decade, payments diversity has been growing exponentially. Globally, there are hundreds of payment processors. New payment methods like wallets, BNPL, RTP have become mainstream. Being locked-in with a single payment processor results in high cost, low conversions, and low control. So, businesses have to embrace diversity by onboarding multiple payment processors.
Integrating and maintaining multiple processors needs a lot of dev and product work if done in-house. Why should developers across companies repeat this same work? We believe that there is a large core that can be unified and reused across companies and use cases. Our goal is to create that core and let companies build and customise on top of it.
Introducing HyperSwitch - An open, fast, reliable payments switch that lets you connect with multiple payment processors with a single API. It is a culmination of 10 yrs of our experience in building large-scale, enterprise-grade, frictionless payment solutions in India, embracing the extreme diversity of options here. We are building it as an infrastructure / systems software using Rust, with focus on reliability, performance and security from day 1.
HyperSwitch code is open source and the roadmap is open for the community's feedback. We shall evolve a prioritization process that is open and community driven. The parent company, Juspay is the largest payments orchestrator/switch in India, running for the last 10 years, processing more than 35M transactions per day. While our India solution has 1Mn+ lines of Haskell code built over 10 years, we wanted to take our learning and build it fresh for the western markets as an open source product. We are committed for the long term in building and making it useful for the community.
Please do try and share your feedback on the product. Exciting times ahead!
Report
@vimalk Congratulations on the launch of HyperSwitch, Vimal! It sounds like a game-changer for businesses looking to integrate and maintain multiple payment processors with a single API. Best of luck with HyperSwitch!
@paolo_degiglio Thanks a ton. Yes, we strongly believe in what you said. Pls do give it a try at app.hyperswitch.io and share your feedback. Would love to chat, understand your needs and help us shape the product for you. Pls feel free to block time here: https://calendly.com/shanms/con...
@tim456 Based on the processors that you have configured, you would be able to set custom routing rules that you would want every transaction to follow. Let's say you wanted to optimize for saving processing fees, you would route incoming transactions based on the least expensive payment processor for that particular payment method (since processing fees differ across payment methods). You would hence be able to set custom routing logic based on the parameters of your choice
@tim456 Hey Tim. We direct transactions to processors based on the configuration set by users on their dashboard. Try out our dashboard here: https://app.hyperswitch.io/
Report
@nars Got it. Do you guys recommend the least expensive payment processor within your network?
@tim456 our routing algorithms and the interface is coming soon. we are giving final shape to it based on inputs from the community. It will give maximum flexibility, control and impact.
Hello product folks! After spending a year on the design + dev of the HyperSwitch, we are happy to launch it here today. Our learnings in building a robust payment infrastructure over the last 10 years at Juspay become HyperSwitch's core principles below:
1. Embrace Payments Diversity: It will drive innovation in the ecosystem in multiple ways.
2. Make it Open Source: Increases trust; Improves the quality and reusability of software.
3. Be Community driven: It enables participatory design and development.
4. Build it like Systems Software: This sets a high bar for Reliability, Security and Performance SLAs.
5. Maximize Value Creation: For developers, customers & partners.
Please check out our product. Would love to get your feedback and improve the product. Good day!
Upvoted and starred on Github! Super interesting project :)
I think you leave valuable user insights on the table with the waitlist survey. Super curious to hear how you're planning to gather qualitative user feedback during and after launch! Who is responsible for running Product in your founding team? :)
@jobenjada Hey thanks for you support!
We are looking to build an active developer community and we gather feedback through multiple channels listed on our Support page (https://hyperswitch.io/docs/support). While you can sign up for waitlist now, you could also try our Sandbox dashboard(https://app.hyperswitch.io/) and various set up options on our Github repo (https://github.com/juspay/hypers...) now and share your feedback on the above channels.
@vimalk@ssvmani@manoj_radhakrishnan1 are our folks who had come up with the vision for Hyperswitch and have been leading the execution for the product.
@vimalk@ssvmani@manoj_radhakrishnan1@bernard_eugine
Very cool, the Sandbox looks great!
I'm asking so specifically because we're building an open source tool to manage B2B SaaS experiences. We focus on enabling teams like yours to add best practices for in-product qualitative user research with a minimum of dev attention - because all you want is build your product!
In the case of hypeswitch I see the following potential:
1. Waitlist survey: Add two or three more questions to assess if a user is part of your target audience. Allows you to onboard highly interested users first (seperates signal from noise in user feedback)
2. Onboarding survey: Similarily, the onboarding survey could ask for company size, sign up motivation etc. Most large SaaS tools have onboarding flows as they are unique opportunities in user flows to gather valuable insights.
3. In-app Feedback Box: Small bugs / inaccuracies create a subpar UX and decrease credibility. Not every user has a Slack or Discord account or is willing to jump over there to report small bugs. A smooth in-app Feedback Box is a great way to capture everything that botheres users even for a short moment.
Eager to hop on a call! We're also very early in our journey and love working with OS startups because we can do the implementation ourselves and learn faster. Would love to work closely with you guys as design partners!
All the best for your journey! :)
@abhi_hunts_n4 Thanks for the question! Hyperswitch is a payment orchestrator which will help you connect with multiple processors (Stripe, Braintree, etc) with one single API and route transactions intelligently based on auth rates, success rates, cost or any other business parameters.
Stripe on the other hand is a payments processor. You can think of HyperSwitch as βStripe++β - i.e. it allows you to onboard stripe and any of its alternatives with a single integration.
I literally dreamed of this a couple of days ago, I am glad I am not going crazy and others do struggle with the complexity of using multiple payment providers
@orliesaurus Thanks for your interest. Would love to hear your specific requirement and support the same. Pls do drop us a note - hyperswitch@juspay.in
It's a long journey ahead and we are committed to making it happen.
Amazing proposition. What a great amount of passion and work must have been invested into making this happen! Real respect for the builders... Congrats to all of you. It really deserves the "hyper" in it's name :)
@ivo_scherkamp Loved the you have put it. It's just a beginning of the long journey ahead. We are looking forward for community support from people like you.
Replies
HyperSwitch
HyperSwitch
Insight7
HyperSwitch
Insight7
HyperSwitch
HyperSwitch
HyperSwitch
skillsync
BloggerAI
HyperSwitch
HyperSwitch
BloggerAI
HyperSwitch
HyperSwitch
skillsync
HyperSwitch
HyperSwitch
HyperSwitch
Formbricks
HyperSwitch
Formbricks
HyperSwitch
Formbricks
HyperSwitch
HyperSwitch
skillsync
HyperSwitch
Toolhouse
HyperSwitch
HyperSwitch
HyperSwitch
SocialBu
HyperSwitch
skillsync
SocialBu
HyperSwitch
Collato
HyperSwitch
HyperSwitch
HyperSwitch
HyperSwitch