From a payments solution provider to a neobank, we are now present at every stage of a business’s money management processes, powering their finances to help them grow their business.
In these testing times, we have taken steps and measures to ensure that our products are not disrupted and cour customers are kept up and running.
It will be interesting to watch how neobanks will manage obstacles and come together with traditional banks to build intelligent solutions in 2020.
In the effort of enabling digitalization across the nation, UPI has been a role player. Read this blog to know how UPI performed in January.
The two most important announcements in Budget 2020 were around reduced compliance for startups and relief in ESOP taxation.
The Era of Rising Fintech is a quarterly report by Razorpay. In this edition, we look at how digital payments fared in Delhi in 2019.
UPI was the most preferred payment mode towards the 2nd quarter of 2019, contributing the most number of digital transactions when we compared month-on-month.
Compared to October, we observed fewer UPI transactions in November on the Razorpay platform. But, it still remained to be the preferred payment mode.
In October, UPI was responsible for 50% of transactions on Razorpay’s platform–surpassing cards by a 15% margin.
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.