Fintech firm Razorpay launches Turbo UPI Plugin on BHIM Vega platform

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.
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