RazorPay and Airtel Payments Bank Collaborate to Launch UPI Infrastructure

Daily Current Affairs / RazorPay and Airtel Payments Bank Collaborate to Launch UPI Infrastructure

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Category : Business and economics Published on: April 27 2024

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Razorpay introduces 'UPI Switch' in partnership with Airtel Payments Bank to streamline transactions, boasting enhanced success rates by 4-5% and the capability to manage up to 10,000 transactions per second (TPS) to cater to peak demand periods.
The collaboration aims to offer businesses five times faster access to UPI innovations, ensuring efficiency and speed in digital payment processes, ultimately fostering smoother and quicker transactions for users.

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RazorPay and Airtel Payments Bank Collaborate to Launch UPI Infrastructure