What is Razorpay?
With Razorpay, you can accept payments in over 100 currencies and receive them in Indian Rupees. Our layered approach to currency conversion ensures that you get the best possible rate with no additional fees.
You are also protected from fraud as we have strict Know Your Customer (KYC) norms and only allow non-resident individuals to transact on our platform.
Process credit cards, debit cards, and also payments through local wallets without worrying about third-party integrations. Our unified platform ensures that you have access to all payment methods supported by us in a single place.
You can use RazorPay’s APIs to build custom solutions for your business needs. This helps you reduce operational costs while reducing the risks involved with using third-party integrations.
Fraud Management
They have integrated a dynamic fraud management engine that uses detection algorithms powered by machine learning to identify potential frauds and stop them before they happen.
It's built on artificial intelligence and machine learning algorithms. We have integrated a dynamic fraud management engine that uses detection algorithms powered by machine learning to identify potential frauds and stop them before they happen. This allows us to offer you the best in class service in terms of security, reliability, speed, and accuracy.
Low Transaction Cost
We make sure your payments are routed via the most cost-effective route so that your business saves money and gets high conversions.
We make sure your payments are routed via the most cost-effective route so that your business saves money and gets high conversions. We account for currency conversion rates, transaction fees, potential fraud, potential chargebacks (that is when a customer disputes a payment with their bank), lost payments, and refunds. This way we know exactly how much you'll get paid for every transaction and can guarantee our services at no risk to you or your business.
Hassle-Free Digital FIRC
Their very own Digital FIRC is an enhanced and secure replacement of the physical FIRC. It is available on the dashboard as a downloadable PDF which is auto-generated after every successful transaction processed via the Razorpay gateway.
It has all details of your transaction including:
- The bank name that has paid you
- The amount received at your bank account in INR currency
- Terms and conditions governing the use of this document
Accepting international payments has never been easy with RazorPay
RazorPay is a payment gateway, which allows you to accept credit card payments and also debit card payments along with other local wallets. With the integration of fraud management engines, It ensures that your payment business is easy-to-use and secure. Its dynamic fraud management engine checks each transaction on its own and ensures that the checkouts are safe for your customers’ transactions.
The digital FIRC option available along with our product helps you save time when accepting international payments as there is no need to manually file a FIRC every time an international transaction takes place.
