What is a Payment Gateway and How Does It Work

Did you know that RTO amounts to 30% of e-commerce business costs? Fight RTO with the all-new AI-powered Thirdwatch, that helps you detect fraud orders.

Although we are on the right path, we also have a long way to go to make sure we are able to strike the balance in the next five years — FinTech has the potential to democratise access to finance in ways that we are yet to comprehend completely.

In September this year, UPI became the preferred payment mode, overhauling cards at 45%. We at Razorpay analyzed UPI transactions on the platform.

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Payment gateways and online transactions are by and large secure in today’s world. Just ensure that you keep your eyes wide open to not fall into any traps.

An automated payout system can help you avoid late payments, issue instant refunds to your customers, and help pay your vendors.

With the internet, online commerce and digital payments, the subscription business model in India is now moving online.

A neobank is a kind of digital bank without any branches. Rather than being physically present at a specific location, neobanking is entirely online.

UPI becomes the preferred mode for Bangaloreans for online payments, after cards. A 3% usage increase in August takes it to 40.78% – closer to the plastic czar (44.10%)

RBI’s e-mandate move will allow consumers to use their cards, including debit cards, to make recurring payments of up to Rs 2,000.