Name: Switch
Author: Switch

Help Desk

Kiosk

Web and Video Conferencing

Customer Support

AI Code Generation

Automation Testing

Beta Testing

Feature Management

Development

Virtual Classroom

Education

AI Document Creation

Business Intelligence (BI)

Collaboration

Demand Planning

Internal Communications

Knowledge Management

Quality Management

Supply Chain Visibility

Whistleblowing

Enterprise

Accounting

Cash Flow Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employee Monitoring

HR Management

Payroll

Talent Intelligence

Talent Management

Video Interview

Workforce Analytics

Workforce Management

eLearning Content

Human Resources

Blockchain-as-a-Service (BaaS)

Business Process Automation

Cloud Data Warehouse

Cloud Storage

Data Integration

Data Replication

Database-as-a-Service (DBaaS)

Embedded Database

Encryption Key Management

Fraud Detection

IT Alert Management

Integration Platform as a Service (iPaaS)

Network Performance Monitoring

OpenStack Cloud

Scale-Out Storage

Test Management

User Activity Monitoring

Value Stream Management

WAN Optimization

Web Content Filtering

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Enterprise Marketing Management

Grant Management Software

Livestream

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Professional Services

Auction Software

Customer Relationship Management (CRM)

Sales Consulting

Sales Incentive Compensation Management

Sales Training

Sales

Agriculture

Inventory Management

Last Mile Delivery

Military and Defense

Online Ordering

Shipping

Vertical-Specific

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Document Locator

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Switch Payments Platform as a Service is a payment solution designed to optimize the payments stack for merchants, payment service providers, and acquiring banks. According to the vendor, Switch offers a unified data structure, optimized acceptance and processing rates, regulatory compliance offload, and a competitive advantage in accessing the entire payments value chain. This comprehensive payments platform caters to a wide range of professions and industries including e-commerce merchants, software developers, payment service providers, acquiring banks, and independent software vendors (ISVs).

## Key Features

According to the vendor, Switch Payments Platform as a Service offers the following features:

**Payments Platform as a Service**: Switch offers a unified data structure, optimized acceptance and processing rates, regulatory compliance offload, and a competitive advantage in accessing the entire payments value chain.

**Developer Independency**: According to the vendor, businesses can accept additional payment methods and providers without any changes to the code, ensuring flexibility and ease of integration.

**Payments Performance Optimization**: The vendor claims that Switch allows businesses to utilize custom rules to route transactions between payment providers in real-time, optimizing payments performance and enhancing customer experience.

**Tokenization**: According to the vendor, Switch enables businesses to safely store and tokenize payment credentials to prevent declines related to fraud, expired cards, or lost credentials, ensuring secure and seamless transactions.

**Automatic Reconciliation**: The vendor states that Switch helps businesses identify mismatches, fees, and reconciliation errors across multiple payment providers, streamlining the reconciliation process and reducing manual effort.

**Dynamic 3DS**: According to the vendor, Switch allows businesses to authenticate specific transactions through EMV 3DS using various criteria, enhancing security and reducing the risk of fraudulent activities.

**Big Data**: The vendor claims that Switch helps businesses convert information and insights from big data into better decisions, leveraging data analytics to drive business growth and improve payment strategies.

**Omnichannel**: Switch enables businesses to unify their payments stack across every channel through a single infrastructure, providing a seamless payment experience for customers across online, mobile, and in-store platforms, according to the vendor.

**Single, one-time integration**: According to the vendor, Switch provides businesses with access to every present and future payment method and tools required to run a comprehensive payments operation, simplifying integration and future-proofing payment processes.

**Event-Sourcing**: According to the vendor, Switch allows businesses to keep track of transaction statuses on the server-side and update databases and systems accordingly, ensuring accurate and real-time transaction management.

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Along with software as a service (SaaS) and infrastructure as a service (IaaS), it is a service model of cloud computing. In this model, the consumer creates the software using tools and/or libraries from the provider. The consumer also controls software deployment and configuration settings. The provider provides the networks, servers, storage and other services.

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Platform as a Service is the set of tools and services designed to make coding and deploying applications much more efficient

Ease of building user interfaces

Ability to build flexible user interfaces using drag-and-drop tools

Scalability

Ease of scaling up or down to meet demand

Platform management overhead

Resources required to keep platform up and running

Workflow engine capability

Process automation using rule-based engine

Platform access control

Rules controlling what data different user categories can access

Services-enabled integration

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Development environment creation

Ease of creating new development environments

Development environment replication

Ease of replicating new development environments

Issue monitoring and notification

Integrated monitoring and notification of issues and problems

Issue recovery

Upgrades and platform fixes

Ease of deployment of major upgrades or problem fixes

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What is Switch?