RazorPay and Airtel Payments Bank Collaborate to Launch UPI Infrastructure

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

Change Language English Hindi

Category : Business and economics Published on: April 27 2024

Share on facebook

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.

Monsoon Session adjourned sine die after 21 sittings and 15 Bills passed.
Read More....
Govt extends Fortified Rice Scheme till 2028 with ₹17,082 crore funding.
Read More....
UIDAI launches Aadhaar authentication framework for Cooperative Banks nationwide.
Read More....
Supreme Court bans public feeding of stray dogs; Delhi civic body to set feeding zones.
Read More....
PM Modi inaugurates ₹13,000 crore projects in Gaya, including ₹1,870 crore Ganga bridge.
Read More....
Cyberattack on DaVita compromises data of 2.7 million patients, costing $13.5 mn.
Read More....
Meta signs $10 bn, six-year deal with Google Cloud to boost AI development.
Read More....
India bans all bilateral sports events with Pakistan across disciplines.
Read More....
HDFC Bank invests in BharatGPT developer CoRover to promote sovereign AI.
Read More....
New moth species Carcina ingridmariae identified after decades of confusion.
Read More....

RazorPay and Airtel Payments Bank Collaborate to Launch UPI Infrastructure