PaySwitcher is a unified API to connect with dozens of different payment processors, each with very different internal APIs and SDKs. In other words, our payment switch is a set of payments domain abstractions, built over the capabilities of leading payment processors, credit cards, digital wallets, Buy Now, Pay Later, banks and alternate payment methods.
Customers have varying preferences when it comes to payment methods. Some prefer credit cards, others may prefer digital wallets, and some might opt for alternative methods like bank transfers or buy now, pay later services. Offering a range of payment methods caters to a broader audience and enhances the overall customer experience.
Relying on a single payment processor poses a risk if there are technical issues or disruptions in service. Having multiple processors provides a backup and ensures that the payment process remains operational, minimizing the impact of potential disruptions.
For merchants operating on a global scale, different regions often have preferred or dominant payment methods. By integrating multiple payment processors and methods, merchants can better serve customers in various countries, overcoming regional payment preferences and boosting international sales.
Different payment processors may have varying fee structures. Merchants may choose to diversify their payment processing to optimize costs by selecting processors that offer competitive rates for specific transaction types or customer segments.
Different countries have specific regulations regarding payment processing. Merchants operating globally need to comply with local regulations, and having multiple processors allows them to adapt their payment methods to meet these regulatory requirements.
The payments landscape is dynamic, with new technologies and trends emerging regularly. Merchants employing multiple processors can quickly adapt to market changes and adopt innovative payment solutions as they become available, staying competitive and meeting evolving customer expectations.
Some customers may abandon a purchase if their preferred payment method is not available. Offering a variety of payment options reduces checkout friction, increasing the likelihood of conversion and encouraging customers to complete their transactions.
Integrate and manage multiple gateways
Build native checkouts without code
Provide customers with 1-click checkouts
Process Refunds & Payouts instantly