FINTECH

Payment Processing Gateway

PCI-DSS compliant payment gateway processing $50M+ monthly transactions with 99.995% uptime and fraud prevention.

8 months5 engineers11 min read

Key Results

Monthly Volume$50M+
PCI-DSS LevelLevel 1
Transaction Success99.7%
Processing Time<200ms

Client

Series A Payments Company

Industry

Financial Technology

Location

London, UK

Overview

A Series A payments company needed a custom payment gateway to reduce their dependency on third-party processors and lower transaction fees. Their existing setup involved multiple payment providers with inconsistent APIs, high failure rates, and limited support for emerging markets.

We designed and built a PCI-DSS Level 1 compliant payment processing gateway in Rust, supporting 15+ payment methods across 30 countries. The system intelligently routes transactions to minimize fees and maximize success rates through smart retry logic and fallback providers.

The Challenge

PCI-DSS Level 1 Compliance

Build a system that meets the most stringent PCI-DSS compliance requirements, including secure cardholder data handling, network segmentation, and continuous monitoring.

Multi-Currency & Multi-Region

Support 15+ payment methods and 25+ currencies across 30 countries with region-specific regulatory requirements and settlement processes.

High Availability

Ensure 99.99% uptime for payment processing — every minute of downtime directly translates to lost revenue for merchants.

Intelligent Routing

Maximize transaction success rates by dynamically routing payments across multiple acquirers based on cost, success probability, and settlement speed.

Our Solution

Architecture Overview

Gateway Layer

Rust + PCI-DSS Vault

Routing Engine

Smart Router + Fallback Logic

Ledger Layer

PostgreSQL + Event Sourcing

1

PCI-Compliant Card Vault

Built an isolated, hardened card vault in Rust with HSM-backed encryption. Tokenization ensures sensitive card data never leaves the vault, while merchants work with secure tokens.

RustHSMTokenization
2

Intelligent Payment Routing

Developed a smart routing engine that selects the optimal payment processor based on transaction type, currency, merchant category, historical success rates, and cost optimization.

Smart RoutingCost OptimizationFailover
3

Event-Sourced Ledger

Implemented a double-entry accounting ledger using event sourcing in PostgreSQL. Every financial state change is recorded as an immutable event, enabling complete auditability and reconciliation.

Event SourcingDouble-EntryPostgreSQL
4

Automated Reconciliation

Built an automated reconciliation engine that matches transactions across acquirers, banks, and internal records. Discrepancies are flagged and categorized for efficient resolution.

ReconciliationAutomationReporting

Performance Metrics

Transaction Throughput

Response Time Distribution

$50M+

Monthly Volume

Level 1

PCI-DSS

99.7%

Success Rate

<200ms

Processing Time

Technology Stack

Backend & Processing

  • Rust 1.74
  • Actix Web
  • Stripe / Adyen SDKs

Data & Ledger

  • PostgreSQL 15
  • Redis
  • Event Store

Infrastructure

  • AWS (PCI scope)
  • Vault (HSM)
  • PagerDuty

Outcomes & Impact

Financial Impact

  • Reduced average transaction fees by 22% through intelligent routing
  • Increased transaction success rate from 96.1% to 99.7%
  • Recovered $1.8M annually from smart retry on soft declines

Technical Achievements

  • PCI-DSS Level 1 certification achieved on first audit
  • Sub-200ms end-to-end processing time for 95th percentile
  • 99.99% uptime maintained over 18 months of operation

Merchant Experience

  • Unified API for 15+ payment methods reduced integration time from weeks to days
  • Real-time webhooks and comprehensive dashboard for transaction monitoring
  • Self-service onboarding reduced merchant setup from 2 weeks to 2 hours

Compliance & Risk

  • Automated PCI-DSS compliance reporting reduced audit preparation by 80%
  • Real-time fraud scoring reduced chargebacks by 35%
  • Complete transaction audit trail meets regulatory requirements in 30 countries
Our payment success rates jumped from 96% to 99.7% within weeks of launch. The intelligent routing alone saves us over $500K per year. BeluMind’ expertise in building secure, high-performance financial systems is unmatched.
James O’Brien

James O’Brien

CEO, PayStream

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