Enabling banks and financial institutions to deliver effortless account switching and payment portability
Switchrail is a digital infrastructure platform that makes switching bank accounts and updating payment details seamless. We securely connect financial institutions, payment providers, and merchants to automate the switching of bill payments, direct debits, incoming transfers, and stored payment details — all on behalf of the customer.
By combining AI, smart payments technology, and open banking, we reduce switching friction, helping financial institutions’ customers switch to products that better meet their needs. Switchrail provides the underlying infrastructure that connects the financial ecosystem, empowering organisations to deliver faster, simpler, and more connected customer experiences.
Available in Australia. Additional markets coming soon. Our switch-kit automates the transfer of payment arrangements when customers change bank accounts. It securely updates direct debits, payroll deposits, recurring card payments, BPAY biller list, PayID, and PayTo agreements—ensuring every linked payment moves seamlessly, without manual effort.
