No. 2 of 24 ·Payment Tokenization Software

Hyperswitch Card Vault

Linux · Self-hosted · API

Freedom report

Two barsScore 6.4

Free tierA free tier is on its own pricing page
Open codeNo open-source code on record
Runs widely1 of 6 device platforms
DocumentedPlans, terms and facts published

Hyperswitch Card Vault is ranked #2 of 24 in payment tokenization software on Freedom251. It runs on API, Linux, Self-hosted. There is a free plan.

Hyperswitch Card Vault plans and pricing

All plans

Self-Host Community Edition Free Self-hosted; manage compliance end to end; 90+ payment integrations; community support hyperswitch.io · 4 Oct 2026

Integrate Hyperswitch Cloud Not published Managed hosting; 210+ payment integrations; SLA-driven support; dedicated account manager hyperswitch.io · 4 Oct 2026

Self-Host Enterprise Edition Not published Self-hosted; 90+ payment integrations; SLA-driven support; dedicated account manager hyperswitch.io · 4 Oct 2026

Compared on payment tokenization software

Network tokenization: Yes
Token vault hosting: both
Detokenization API: Yes
Payment methods: cards; bank account details
Deployment model: self_hosted

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The record

Purpose: Hyperswitch Card Vault stores card and other payment method details securely in a PCI-compliant manner away from the main application server.
Standalone service: Hyperswitch describes its Vault Service as a standalone service for tokenizing and securing customer card data without requiring its payment solutions.
Vaulting and forwarding: The Vault and Forward API can tokenize and store card details, then route that data to supported processors or endpoints.
Tokenization: The product page describes storing network and processor tokens, raw card details, bank credentials, and wallet credentials.
Integration options: The vault can be integrated through an SDK for merchants that are not PCI compliant or directly server to server for PCI-compliant merchants.
Deployment: The vault page says it can be deployed by customers on-premises or in the cloud, or used as a managed service hosted by Juspay.
Security features: The setup guide describes optional key custodian protection, JWE and JWS encryption middleware, and AWS KMS encryption for keys and sensitive data passed during startup.
Data protection: Hyperswitch documents signing card data before transmission, encrypting it to the vault, re-encrypting it with AES for storage, and encrypting the database at rest.
Processor coverage: The product page states that tokenization is available through 50+ processors and references network tokens across Visa, Mastercard, and Amex.
Performance claims: The product page lists 99.999% uptime, response time under 50 ms, and throughput of 20k+ transactions per second.
Self-hosting setup: The setup guide documents running the locker in Docker or directly as a Cargo executable, with a database and configuration required.
Maker headquarters: Juspay says it is headquartered in Bangalore.
Flexible data: The vault is designed to store different types of sensitive information and supports APIs on the /data and /cards endpoints.
Tokenized proxy payments: Its proxy payment service can replace vault tokens with card data and forward payment requests to a PSP.
Price from: Free

Where it ranks on Freedom251

Best Payment Tokenization Software in 2026#2 of 24

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Sources

github.com/juspay/hyperswitch-suite· checked 3 Oct 2026
github.com/juspay/hyperswitch-docs/blob/main/about· checked 3 Oct 2026
hyperswitch.io/vault· checked 3 Oct 2026
github.com/juspay/hyperswitch-card-vault/blob/main· checked 3 Oct 2026
github.com/juspay/hyperswitch-docs/blob/main/other· checked 3 Oct 2026
juspay.io/about· checked 3 Oct 2026
github.com/juspay/hyperswitch-card-vault· checked 4 Oct 2026
github.com/juspay/hyperswitch-docs/blob/main/integ· checked 4 Oct 2026
hyperswitch.io/pricing· checked 4 Oct 2026