Razorpay, Airtel Payments Bank launch 'UPI Switch' to bolster India's payment rails

Razorpay partnered with Airtel Payments Bank to launch UPI Switch, a payment infrastructure solution handling up to 10,000 transactions per second and lifting transaction success rates by 4-5 percent, strengthening India's UPI backbone.

— Filed Tue, 23 Apr, 2024, 14:42 IST · Source Moneycontrol · News Web · Updated

Razorpay partnered with Airtel Payments Bank to launch 'UPI Switch,' a payment infrastructure solution handling up to 10,000 transactions per second and improving transaction success rates by 4-5 percent, strengthening India's UPI payment rails.

Why this matters

Razorpay continues building domestic infrastructure after completing its reverse flip to India and eyeing a domestic IPO within two years, now deepening its UPI payment-rail capabilities.

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