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.
Businesses with a turnover of over ₹50 crore need to install the functionaility of accepting payments through UPI and RuPay.
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.
The recurring payments model will benefit not only customers, but businesses as well. With rapidly evolving consumer needs, this model will be a game changer for the Indian economy.
Online businesses should also work on the best way to collect payments. Here are some of the safest and easiest ways to integrate payment solutions.
Compared to October, we observed fewer UPI transactions in November on the Razorpay platform. But, it still remained to be the preferred payment mode.
Whether you are a freelancer, teacher, boutique owner or a professional, accepting payments is going to be easier than ever with Razorpay.
Partnering with Razorpay helps you offer your customers a complete suite of payment solutions and get rewarded for it in the form of commissions.
Setting up your online store or business shouldn’t have to be a difficult task. With Razorpay Payment Pages, you can go live in minutes and start accepting payments from your customers.
In October, UPI was responsible for 50% of transactions on Razorpay’s platform–surpassing cards by a 15% margin.