Fintech firm Razorpay launches Turbo UPI Plugin on BHIM Vega platform

Daily Current Affairs / Fintech firm Razorpay launches Turbo UPI Plugin on BHIM Vega platform

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Category : Business and economics Published on: April 15 2025

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Fintech firm Razorpay has partnered with NPCI BHIM Services Limited (NBSL) and Axis Bank to launch the Razorpay Turbo UPI plugin on the BHIM Vega platform.
This solution enables businesses to provide a seamless in-app payment experience, allowing customers to complete transactions instantly without switching to third-party apps.
"BHIM Vega - Razorpay's partner businesses can now accept in-app payments, and end customers can complete payments instantly within the app without switching to a third-party app, reducing interruptions in online transactions and providing a faster payment experience."
The aim of this partnership is to minimize interruptions in online payments, increase transaction success rates, and facilitate user engagement.