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Discovering amazing open source projects
Discovering amazing open source projects
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Hyperswitch lets you build or extend a payments stack with modular, plug‑and‑play components—no vendor lock‑in, full observability, and enterprise‑grade reliability. Replace costly proprietary gateways with a transparent, self‑hosted platform that scales to 20k TPS.
Hyperswitch flips that model on its head. It’s a composable, open‑source payments platform that lets you pick the exact capabilities you need—intelligent routing, vault, cost observability, reconciliation, revenue recovery, and more—while keeping the entire stack under your control. Deploy it on‑prem, in any cloud, or let Juspay run a managed service for you. The result? Faster authorizations, lower fees, and a payments architecture you actually understand.
Feature | What It Does | Business Impact |
---|---|---|
Intelligent Routing | Routes each transaction to the PSP with the highest predicted auth rate using static rules, volume‑based weighting, or machine‑learning models. | ↑ Authorization rate, ↓ retries, ↓ latency, ↑ conversion. |
Vault | PCI‑DSS‑compliant storage for payment credentials, exposing a single token‑based API. | Reduces PCI scope, speeds up repeat purchases, improves UX. |
Cost Observability | Real‑time dashboards that break down per‑transaction fees, currency conversion costs, and penalty charges. | Enables fee arbitration, reduces hidden costs by up to 30 %. |
Revenue Recovery | Adaptive retry engine that considers card‑bin, region, payment method, and merchant‑defined penalty budgets. | Recovers 2–5 % of declined volume without increasing fraud risk. |
Reconciliation Engine | Automated 2‑way/3‑way reconciliation with back‑dated support, customizable output formats, and scheduling. | Cuts manual ops effort by >80 %, delivers audit‑ready reports. |
Alternate Payment Methods (APM) Widgets | Drop‑in UI components for PayPal, Apple Pay, Google Pay, Samsung Pay, Pay‑by‑Bank, Klarna, etc. | Increases checkout conversion, especially on mobile. |
Hyperswitch can be run locally with Docker, or installed on any Kubernetes‑compatible environment. Below is a quick local setup using Docker Compose.
# Clone the repo
git clone https://github.com/juspay/hyperswitch.git
cd hyperswitch
scripts/setup.sh
Once the containers are healthy, the API gateway is reachable at http://localhost:8080
. You can verify the installation with a simple health‑check:
curl -s http://localhost:8080/health | jq
For production deployments, refer to the official docs for Helm charts, Terraform modules, and best‑practice security hardening:
Docs: Getting Started Guide
Hyperswitch competes directly with proprietary payment orchestration platforms like Stripe, Adyen, Braintree, and Square. The table below compares core dimensions that matter to engineering and finance teams.
Dimension | Hyperswitch (Open‑Source) | Stripe (Proprietary) | Adyen (Proprietary) | Braintree (Proprietary) | Square (Proprietary) |
---|---|---|---|---|---|
License | Apache‑2.0 (free, source available) | Commercial SaaS | Commercial SaaS | Commercial SaaS | Commercial SaaS |
Deployment | Self‑hosted (on‑prem/cloud) or Managed by Juspay | Cloud‑only (Stripe‑hosted) | Cloud‑only (Adyen‑hosted) | Cloud‑only (Braintree‑hosted) | Cloud‑only (Square‑hosted) |
Modularity | Individual modules can be enabled/disabled | Monolithic API (all features bundled) | Modular but bundled under one contract | Limited modularity (mostly one‑stop) | Limited modularity |
Transaction Throughput | 20 000 TPS (benchmarked) | ~10 000 TPS (varies) | ~12 000 TPS | ~5 000 TPS | ~3 000 TPS |
Cost Transparency | Full observability of fees & penalties | Fee schedule disclosed, but per‑transaction cost hidden in dashboards | Transparent pricing tiers, but limited cost breakdown | Transparent fees, no deep observability | Transparent fees, limited analytics |
PCI Scope | Vault service reduces PCI scope for merchants | Tokenization handled by Stripe, but merchants still need compliance for certain flows | Similar to Stripe | Similar to Stripe | Similar to Stripe |
Vendor Lock‑in | None – code can be forked, APIs are open | High – migration requires extensive re‑integration | High – proprietary SDKs | High – proprietary SDKs | High – proprietary SDKs |
Custom Routing | Rule‑based + ML‑driven routing engine | Limited to Stripe Radar & basic routing | Advanced routing, but not fully customizable | Basic routing rules | Basic routing |
Pricing Model | Free (self‑host) + optional managed service fees | % per transaction + fixed fees | % per transaction + fixed fees | % per transaction + fixed fees | % per transaction + fixed fees |
Community & Support | Active GitHub community, Slack, commercial support from Juspay | Dedicated support tiers (paid) | Dedicated support tiers (paid) | Dedicated support tiers (paid) | Dedicated support tiers (paid) |
Bottom line: If you need the flexibility to tailor every aspect of your payments stack, avoid hidden fees, and retain full ownership of the code, Hyperswitch is the only open‑source contender that matches the performance and feature set of the big proprietary players.
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Ready to take back control of your payments stack? Explore the platform, spin up a sandbox, or dive straight into production.
Whether you’re a fintech startup looking to accelerate time‑to‑market or an enterprise aiming to slash payment fees, Hyperswitch gives you the building blocks to design a payments engine that works for you—not the other way around. Deploy today and experience the power of open, composable payments.
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