Juspay, a global leader in payment infrastructure solutions for enterprises and banks, has launched Hyperswitch, the world’s first open-source modular payments platform. Deploying across the US, European and UK markets, Hyperswitch is designed to empower merchants and brands with complete control and transparency. With an Apache 2.0 license and PCI certification, it offers payment architects and product managers a fully customizable payments stack, free from the constraints of proprietary systems.  

The global payments sector is undergoing rapid innovation, with growing diversity of payment methods, fraud-prevention tools, and authentication protocols—all complicated by evolving regulatory requirements. As a result, merchants face high costs, sub-optimal success rates, and limited options for building their own infrastructure, leaving them reliant on expensive, opaque, and inflexible black-box solutions. Hyperswitch addresses these challenges by offering a payments operating system that can seamlessly plug in to worldwide payment innovations. It enables merchants to freely integrate their preferred providers for payment processing, acquiring, fraud management, tokenisation, vaulting, 3DS authentication, and more – creating a truly interoperable global payments ecosystem that puts businesses in control of their payments strategy.  

Engineered as the 'Linux for Payments,' Hyperswitch’s open-source nature ensures full visibility, faster integrations, and seamless due diligence. Its modular architecture empowers merchants to build and augment their existing payment infrastructure either as individual components, or as a full-stack orchestration system. This includes advanced functionalities like intelligent routing, customizable checkout, secure token vault, robust authentication, alternate payment methods (APMs), cost observability, payouts, reconciliation, unified analytics, and much more. Merchants can self-deploy and test the solution with just a few clicks. With over 14,000 GitHub stars, Hyperswitch is rapidly gaining traction worldwide, redefining the future of payments.  

Sheetal Lalwani, COO & Co-founder of Juspay commented: “At Juspay, we envision a future where payment systems are open and accessible. With Hyperswitch, our open-source payments operating system, we are delivering enterprise-grade performance – high reliability and scalability at low cost – to the global payments ecosystem.”  

As part of this launch, Juspay has established a strategic hub in San Mateo, California, to accelerate the adoption of Hyperswitch in the US and Canadian markets. This move builds on Juspay’s continued global expansion efforts, following the opening of its Dublin office in December 2024 to better serve customers in the UK & Europe. These new offices will strengthen Juspay’s global network of 1200+ payment experts operating out of India, Singapore, Dubai and Sao Paulo.   

Backed by major investors like SoftBank, Accel, and VEF, Juspay serves 500+ market leaders including Amazon, Google Pay, Zurich Insurance Group, Flowbird Group, Swiggy, and Flipkart. Currently, Juspay processes over 200 million transactions daily with 99.999%+ reliability, handling $670 billion in annual total processed volume.