Razorpay

#Payment Service Provider

Razorpay is an Indian fintech company offering an online payment platform that allows businesses of all sizes to collect payments through various channels including credit cards, digital wallets and UPI.

Payment methods N/A

Market coverage N/A
  • India
Description

Razorpay is an Indian financial technology company that provides an online payment platform for businesses. Founded in 2014 by Harshil Mathur and Shashank Kumar, Razorpay offers a range of payment solutions and related services for businesses of all sizes.

The Razorpay platform allows businesses to collect online payments through various channels such as credit cards, debit cards, digital wallets, UPI (Unified Payments Interface) payments, and other popular payment methods in India. It also provides features such as refunds, payment plans, subscriptions, and recurring payments.

Razorpay stands out for its ease of integration and developer-friendly approach, offering software development kits (SDKs) and APIs for seamless integration into websites and mobile applications. The company also offers solutions for point-of-sale (POS) payments, link-based payments, online invoicing, and international payments.

In addition to its payment solutions, Razorpay provides other related products and services such as payment compliance solutions, reporting and analytics, as well as tools for refund and dispute management.

Razorpay has experienced significant growth since its inception and has become a popular payment platform in India, supporting thousands of businesses across various sectors such as e-commerce, on-demand services, travel, financial services, and more.

Razorpay's features

  • 3D Secure
  • Chargeback management
  • Chargebacks
  • Partial Captures
  • Partial Refunds
  • Payin
  • Payout
  • Recurring Transaction
  • Recurring Transactions
  • Refunds

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Frequently Asked Questions

What is a Payment Aggregator (#PA)?2023-09-14T14:17:02+02:00

A PA is a company that enables merchants to accept payments through a single account. They aggregate transactions from multiple merchants into a single merchant account and facilitate payouts.

What is a Payment Facilitator (#PayFac)?2023-04-18T18:56:26+02:00

A PayFac is a company that simplifies the payment process for sub-merchants by providing a unified platform. They act as a middleman between the sub-merchant and the acquiring #bank and handle all the necessary compliance and underwriting processes.

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