Razorpay partners with Axis Bank, NPCI to launch Turbo UPI
Tue, May 30, 2023 9:42 AM

Razorpay partners with Axis Bank, NPCI to launch Turbo UPI

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Fintech unicorn Razorpay on May 30 launched Turbo UPI in partnership with Axis Bank and the National Payments Council of India. Merchants can integrate Turbo UPI at the payment gateway. The additional step of switching apps is estimated to cause almost 5-10% of payment failures. Last week, Paytm launched a similar product called “UPI SDK.” Paytm's product supports UPI payments through UPI Lite.

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