PaySwitcher
  • About PaySwitcher
    • 🛒For Online Businesses
    • 🪜For Small & Medium Enterprises
    • 🏢For Enterprises
    • 🖥️For SaaS Providers
    • 🛍️For E-Commerce Businesses
    • 📦For Marketplace/Platforms
    • 🏦For Banks & Financial Institutions
  • PaySwitcher Cloud
    • ⚡Quickstart
      • 📥Migrate from Stripe
        • Web
        • Android
        • iOS
        • React Native
      • 🥗Payment Recipes
        • Use PayPal With Stripe
    • ⚙️Control Centre Account setup
    • 📦Integration guide
      • 🌐Web
        • Node And React
        • Customization
        • Error Codes
        • Node and HTML
        • Vanilla JS and REST API Integration
      • 📱Android
        • Kotlin with Node Backend
        • Customization
        • Features
      • 📱iOS
        • Swift with Node Backend
        • Customization
        • Features
      • ⏺️React Native
        • React Native with Node Backend (Beta)
        • Card Widget (Beta)
        • Customization
      • ⏺️Flutter
        • Flutter with Node Backend
        • Customization
      • Headless SDK
      • Payment Methods Management
    • 💳Payment methods setup
      • 💳Cards
      • 📱Wallets
        • Apple Pay
          • Web Domain
          • iOS Application
        • Google Pay
        • PayPal
      • 📆Pay Later
      • 🏦Banks
        • Bank Debits
        • Bank Redirects
        • Bank Transfers
      • 🪙Crypto
      • 🔑Test Credentials
    • 🔌Connectors
      • 🖲️Available Connectors
        • ACI
        • Adyen
        • Airwallex
        • Authorizedotnet
        • Bambora
        • Bank of America
        • Billwerk
        • Bluesnap
        • Braintree
        • Checkout
        • Coinbase
        • Cybersource
          • Apple Pay
          • Google Pay
        • dLocal
        • Fiserv
        • GlobalPayments
        • GoCardless
        • Klarna
        • Mollie
        • MultiSafepay
        • Nuvei
        • OpenNode
        • Paypal
        • PayU
        • Prophetpay
        • Rapyd
        • Shift4
        • Stripe
        • TrustPay
        • Volt
        • Worldline
        • Worldpay
        • Zen
      • Activate connector on PaySwitcher
      • Test a Payment with connector
    • 🪝Webhooks
  • Features
    • 🔀Payment flows
      • 🔁Saving payment methods & recurring payments
      • 💵Payouts
        • ➕Get started with payouts!
        • 🔗Process payouts using saved payment methods
        • 🛣️Route your payout transactions using Smart Router
        • ♻️Smart Retries in Payout
        • 🔗Payout links
      • 0️ 0️ 0️ Zero Amount Authorization
      • 🔓Tokenization & saved cards
      • 🔗Payment links
      • ⏭️External Authentication for 3DS
      • 💰Manual Capture
      • 🛑Fraud Blocklist
      • 🔁Subscriptions
      • 🔃PG Agnostic Recurring Payments
    • 🕹️Merchant controls
      • 🛣️Smart Router
        • Rule Based Routing
        • Volume Based Routing
        • Default Fallback Routing
      • 🛡️Fraud & risk management
      • 🔃Smart retries
      • 🎛️Analytics & operations
      • 📋3DS decision manager
        • Setup guide
      • 📋Surcharge
        • Surcharge Setup guide
      • 🔼3DS Step-up retries
      • 🚩Disputes/Chargebacks Management
      • 🤝Reconciliation
        • Getting Started with Recon
    • 🔑Account management
      • 🔢Exporting payments data
      • 🤹Multiple accounts & profiles
      • 🛂Manage your team
    • 🛍️E-commerce platform plugins
      • WooCommerce Plugin
        • Setup
        • Compatibility
        • FAQs
  • SECURITY AND COMPLIANCE
    • 🔏Overview
    • 💳PCI Compliance
    • 🔐Data Security
    • 💽GDPR compliance
    • 🕵️Identity and Access Management
  • Learn more
    • 🍡SDK Reference
      • Node
      • React
      • JS
    • 📐PaySwitcher Architecture
      • Router
      • Storage
      • A Payments Switch with virtually zero overhead
    • 🌊Payment flows
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On this page
  • Benefits
  • I. Acquire more merchants for your bank's acquiring solution
  • II. Unifying the diverse acquiring solutions within your bank
  • Next steps?
  • I want to become a connector of PaySwitcher
  • I want to augment my acquiring solution with PaySwitcher
  1. About PaySwitcher

For Banks & Financial Institutions

Become a connector of PaySwitcher or use PaySwitcher to augment your acquiring solution

PreviousFor Marketplace/PlatformsNextQuickstart

Last updated 11 months ago

We believe that payments should be basic utility like water or electricity. PaySwitcher is an effort towards enhancing accessibility, bridging diversity and reducing the cost involved in processing payments.

One of the means to achieve our vision is by enabling more merchants to directly connect with the banks to process payments.

If you resonate with our vision, you can learn more about how you can join the movement as a financial institution!

Benefits

I. Acquire more merchants for your bank's acquiring solution

Banks can deploy PaySwitcher on their own infrastructure as a whitelabel product and start distributing to their merchants. With PaySwitcher, merchants could benefit by connecting to your bank's acquiring solution and at the same time access multiple payment methods including wallets, buy now pay later and many more.

In addition to processing payments, you can leverage the PaySwitcher SDK to manage your customers checkout experience and offer a full stack payment solution to merchants.

PaySwitcher offer an out-of-the-box migration capability to seamlessly migrate merchants from Stripe to your bank's acquiring solution. So you do not have to worry about long integration lead times if your merchants are already integrated to Stripe.

II. Unifying the diverse acquiring solutions within your bank

If you bank's acquiring technology is diverse with multiple technology solutions (may be due to recent acquisitions, or mergers, or any other reasons) you can unify them all under PaySwitcher. And banks can self deploy PaySwitcher on your own infrastructure as a whitelabel and start distributing to your merchants.

This will significantly enhance the merchant onboarding experience and reduce the cost of managing multiple acquiring solutions within your bank.

Next steps?

I want to become a connector of PaySwitcher

Currently, PaySwitcher supports 50+ payment processors as connectors and we are in the process of adding more bank integrations. Because, we feel that if merchants directly connect to the bank it can help them reduce the cost of processing payments.

If you wish your bank's payment processing solution to be added as one of the connectors, you can reach out to us.

I want to augment my acquiring solution with PaySwitcher

If you are considering to augment your acquiring solution with PaySwitcher, you might want to contact us immediately.

🏦

Explore PaySwitcher on sandbox

The PaySwitcher Cloud control center is free to access on Sandbox. You can explore it to a quick tour of all the supported integrations and features

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Migrate from Stripe

Learn how you can quickly migrate merchants from Stripe to PaySwitcher