Hyperswitch Prism
UnclaimedThe open-source payment orchestration platform for building and enhancing your payments stack.
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TL;DR - Hyperswitch Prism
- Open-source, modular payment orchestration platform for building and enhancing payment stacks.
- Offers intelligent routing, revenue recovery, cost observability, and unified reconciliation.
- Provides flexible deployment options (self-host or managed service) with enterprise-grade reliability and global coverage.
Pricing: Free plan available
Best for: Growing teams
Pros & Cons
Pros
- Open-source nature provides transparency, control, and no vendor lock-in.
- High reliability (99.999% uptime) and scalability (2000 TPS traffic spike).
- Comprehensive suite of features for optimizing authorization rates, reducing costs, and improving recovery.
- Flexible deployment options: self-host (community/enterprise) or fully managed cloud service.
- Extensive global coverage with 300+ PSP/acquirer integrations and 150+ payment methods.
Cons
- Self-hosting requires internal resources for management and compliance.
- Advanced features like Cost Observability and Reconciliation are paid add-ons for self-host editions.
Key Features
Intelligent Routing (rule-based, volume-based, ML-driven)Reconciliation Engine (automated 3-way matching, real-time exception handling)Revenue Recovery (multi-modal intelligent retry engine with 30+ parameters)Vault (secure storage for network tokens, PSP tokens, raw card details)Cost Observability (self-serve dashboard for scheme, interchange, acquirer fees)Alternative Payment Method Widgets (APMs, BNPLs, A2A rails, local payments)Secure Authentication (PSP-agnostic 3DS workflows)Unified Checkout SDK (web, iOS, Android)
Pricing Plans
Self-Host Community Edition
Free
- Payment Integrations (90+)
- Unified Checkout SDK
- Payout Orchestration
- Control Center
- Fraud Orchestration
- Vault
- Intelligent Routing
- Secure Authentication
- Alternative Payment Methods
- Free support through our public Slack channel and GitHub discussions
Self-Host Enterprise Edition
Contact us
- Payment Integrations (90+)
- Unified Checkout SDK
- Payout Orchestration
- Control Center
- Fraud Orchestration
- Vault
- Intelligent Routing
- Secure Authentication
- Alternative Payment Methods
- Revenue Recovery (Paid add-on)
- Cost Observability (Paid add-on)
- Reconciliation (Paid add-on)
- SLA driven Tech Support, Dedicated Key Account Manager
- Accelerated Feature Releases
- Uptime Guarantee (99.999%)
- PCI-SSS Certified, PCI DSS 4.0 and ISO 27001:2022 compliant stack
Integrate Hyperswitch Cloud
Contact us
- Payment Integrations (210+)
- Unified Checkout SDK
- Payout Orchestration
- Control Center
- Fraud Orchestration
- Vault
- Intelligent Routing
- Secure Authentication
- Alternative Payment Methods
- Revenue Recovery
- Cost Observability
- Reconciliation
- All hosting costs are covered under pricing
- SLA driven Tech Support, Dedicated Key Account Manager
- Accelerated Feature Releases
- Uptime Guarantee (99.999%)
- PCI-SSS Certified, PCI DSS 4.0 and ISO 27001:2022 compliant stack
What is Hyperswitch Prism?
Hyperswitch Prism is an open-source, full-stack, and modular payment orchestration platform designed to give businesses control over their payment infrastructure. It allows users to build or enhance their payment stack by integrating various modules, offering flexibility to deploy on-premise, in the cloud, or utilize a fully managed service provided by Juspay. The platform is engineered for high reliability and scale, handling large transaction volumes and offering global coverage with over 300 PSP/acquirer integrations.
Prism caters to a wide range of industries including infrastructure, SaaS, fintech, banks, and airlines, providing solutions for banking-grade compliance and high transaction volumes. It aims to simplify the complexities of payment management by offering a unified API for over 150 global payment methods and advanced features like intelligent routing, revenue recovery, and cost observability. The platform is built on 12 years of Juspay's experience, processing over $1 trillion in annualized TPV and 300 million daily transactions, making it a battle-tested solution for enterprise-grade payments.
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Hyperswitch Prism FAQ
What is the core technology stack used to build Hyperswitch Prism?
Hyperswitch Prism is primarily built in Rust, leveraging its performance and security benefits for a robust payment operating system. It is also PCI-certified.
How does Hyperswitch Prism help businesses reduce payment costs?
Hyperswitch Prism reduces payment costs through several mechanisms: Intelligent Routing optimizes transaction paths to minimize fees, Cost Observability provides detailed insights into scheme, interchange, and acquirer fees to detect anomalies, and Alternative Payment Method Widgets enable 'on-us' routing to save costs.
Can Hyperswitch Prism integrate with existing multi-PSP setups?
Yes, Hyperswitch Prism is designed to integrate into existing multi-PSP (Payment Service Provider) setups. Its intelligent routing algorithms can be applied to dynamically route transactions across various processors to maximize authorization rates and minimize costs.
What level of compliance and security does Hyperswitch Prism offer?
Hyperswitch Prism is PCI-DSS 4.0 and ISO 27001:2022 compliant. For self-hosted editions, compliance is self-managed, while the 'Integrate Hyperswitch Cloud' option provides compliance as an out-of-the-box service.
What is the 'Prism' solution mentioned on the website?
Prism is presented as an interoperable and modular payment solution within the Hyperswitch ecosystem. It encompasses various modules like Intelligent Routing, Vault, Alternative Payment Methods, Cost Observability, Reconciliation, and Revenue Recovery, allowing businesses to build or enhance their payments stack by choosing specific modules.
How does the Revenue Recovery feature work to minimize customer churn?
The Revenue Recovery feature utilizes a multi-modal intelligent retry engine. It is configured with over 30 parameters, including decline codes, error types, card BIN, ticket size, region, and payment method, to strategically reattempt failed transactions and recover lost revenue, particularly for subscriptions.
Source: hyperswitch.io