Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch, boost success rates by 4% to 5%; handles up to 10,000 transactions per second at any given time; and enables five times faster access to UPI innovations for...
RazorpayX, the business banking platform of Razorpay, has expanded its Payroll Platform to cater to enterprises and large-sized businesses. Previously focused on startups and small and medium-sized businesses (SMBs), RazorpayX Payroll now offers advanced solutions for businesses of all sizes, ranging from two to more than...
Razorpay has reportedly paused its onboarding of online merchants for a couple of weeks. Moneycontrol reported Friday (Dec. 16) that the Indian payment gateway did so after the Reserve Bank of India (RBI) advised the firm to pause onboarding until it obtains a final payment aggregator (PA) license. ...
Digital payments gateway Razorpay is accelerating its push into loyalty and rewards management with the acquisition of the payments-linked loyalty and engagement startup PoshVine for undisclosed terms. “Our mission has always been to build a financial ecosystem for businesses around payments and banking. Loyalty has...
January 03, 2022
As much of the digital commerce world is busy building consumer payments ecosystems, the merchants that accept those payments need digital ecosystems with highly specialized and integrated services. Fresh from a $375 million Series F funding round placing its current valuation at $7.5 billion, Bengaluru, India-based payments platform Razorpay is creating a B2B ecosystem for […]
June 24, 2024
Razorpay now enables Indian freelancers to reduce the cost of accepting international payments. The company’s MoneySaver Export Account allows freelancers to open an account in any country, accept payments locally via bank transfers on the Razorpay platform, and save up to 50% in fees and commissions on international bank transfers, Razorpay said in a Monday […]
April 24, 2024
Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch, boost success rates by 4% to 5%; handles up to 10,000 transactions per...
September 25, 2023
RazorpayX, the business banking platform of Razorpay, has expanded its Payroll Platform to cater to enterprises and large-sized businesses. Previously focused on startups and small and medium-sized businesses (SMBs), RazorpayX Payroll...
December 16, 2022
Razorpay has reportedly paused its onboarding of online merchants for a couple of weeks. Moneycontrol reported Friday (Dec. 16) that the Indian payment gateway did so after the Reserve Bank of India (RBI)...
