Inswitch

Inswitch Overview For Merchants

Inswitch is an embedded finance platform that lets merchants and platforms launch and manage digital wallets, accept and send payments, and issue cards using a single API. Inswitch positions itself as an API-first, cloud-based stack that combines payments, issuing, core banking features, and cross-border money services.

Key Products And Capabilities

Payments And Payouts

Inswitch provides unified pay-in and pay-out capabilities through a single API. You can receive and disburse funds via cards, bank transfers, digital wallets, cash networks, and crypto. The payments site highlights instant flows, cross-border enablement, and multi-currency settlement tools. It also references connectivity to Visa Direct and Mastercard Send for real-time disbursements. The product pages cite reach across 30 plus countries, direct integrations with 160 plus banks, and 250K plus cash pick-up or disbursement points, which can be useful if you operate hybrid online and offline collections.

From an experience standpoint, you can choose to integrate directly on API, or use prebuilt experiences, such as a hosted checkout page or payment links. The API approach gives you orchestration control, while the prebuilt options reduce build time and limit PCI scope on your side.

Hosted Checkout And Payment Links

The hosted checkout is a white-label, responsive checkout that supports multiple payment methods without you handling card data directly. Documentation states that Inswitch is PCI DSS certified and that hosted checkout routes sensitive data away from the merchant’s servers, which can reduce the need for additional certification work. Beyond checkout, payment links offer a no-code collection method for single or recurring charges, subscriptions, donations, and other lightweight use cases. For ecommerce platforms, Inswitch lists plugins that add payment methods without an API build.

Core Banking And Digital Wallets

Inswitch’s wallet and core banking modules support stored-value accounts and real-time operations across markets. Public materials call out multi-currency balances, FX conversion, top-ups, bill pay, and loyalty or cash back configuration. Identity and risk controls include KYC, KYB, and AML checks with watchlist screening and anomaly detection. A business portal consolidates reporting and administration with role-based access control and configurable alerts. These capabilities are relevant if you plan to embed a wallet in your app, run a marketplace balance, or offer value-added services like mobile top-ups.

Card Issuing And Processing

Inswitch provides issuing and processing for physical and virtual cards with real-time authorization, tokenization, spend controls, and expense management. The issuing page describes multiple models, including operating with your own BIN, using Inswitch’s license, or a licensed partner’s setup. Inswitch also publishes partnership updates, such as becoming a Mastercard principal member in Mexico for issuing, and powering Visa debit issuance for a partner in LATAM. For merchants, the practical takeaway is that Inswitch can support branded card programs and expense cards with granular authorization logic.

Coverage And Use Cases

Inswitch materials emphasize operations in Latin America, the United States, and other regions, with a public coverage count of 30 plus countries. Use cases span digital banks and fintechs, ecommerce, marketplaces, gig economy payouts, and education. For cross-border money services, Inswitch states it holds U.S. money services business licenses across all states, and provides white-label remittance tools with flexible funding in the U.S. via cards, ACH, wallets, checks, or cash, and payout options in LATAM. Typical flows include pay-ins to digital wallets, cross-border disbursements to cards or bank accounts, and cash pick-up through local networks.

If you are comparing providers for remittance-like flows, note the presence of reference documentation for receive and send money flows, virtual accounts, and webhook-based status handling. Those docs show the platform’s support for real-time processing, quotations with time-bound FX, and reporting endpoints.

Developer Experience And Integration

Inswitch presents itself as API-first with hosted experiences available when speed to market is the priority. The developer hub and product pages reference:

• A complete API reference that spans payments, issuing, wallets, KYC, subscriptions, remittances, and virtual accounts

• A sandbox for testing and guided integrations

• Hosted checkout that supports English, Spanish, and Portuguese

• Business Portal for configuration, white-label channel management, and analytics

For cross-border money services, the site lists a standard integration timeline of 60 to 90 days. In practice, time to production will depend on your specific flows, KYC and AML requirements, and any local partner onboarding.

Compliance, Security, And Risk Controls

Compliance and risk controls are central to Inswitch’s positioning:

• PCI DSS: Inswitch states it is PCI DSS certified, and its docs highlight that hosted checkout can reduce the merchant’s PCI exposure since sensitive data is handled by Inswitch

• KYC, KYB, AML: Identity verification and screening tools are built in, with sanctions checks and watchlist screening

• Fraud Management: Tokenization, behavior-based rules, allowlists and blocklists, real-time monitoring, and alerting

• Licensing And Audits: Product pages reference MSB licenses in the U.S. and regular external audits

For merchants, this means you can rely on Inswitch’s compliance stack for card data handling and identity checks, while still remaining responsible for your own regulatory obligations in the markets where you operate.

Pricing, Contracting, And Support

Pricing is not listed publicly on Inswitch’s product pages. The recommended path is to contact sales for coverage and pricing specific to your country and methods. Support references include 24 by 7 NOC, monitoring, KPIs, analytics, and a sandbox for safer iterative testing. If your model requires detailed fee schedules by method and location, plan to request a country-by-country coverage map and an itemized rate card during evaluation.

When Inswitch Fits Well

• You need unified pay-in and pay-out across cards, banks, wallets, cash networks, and crypto in multiple countries

• You want to embed wallet functionality, with multi-currency balances, FX, and bill pay or top-ups

• You plan to issue virtual or physical cards with spend controls, tokenization, and near real-time authorization

• You operate cross-border flows between the U.S. and LATAM, and prefer a provider with U.S. MSB licensing and local payout rails

• You prefer an API-first approach, with the option to start on hosted checkout and payment links