Vishnu Acharya Frequently Asked Questions (FAQs)
What is Razorpay used for?
Razorpay is a financial technology platform that provides businesses with payment solutions.
It helps processes online payments for online as well as offline businesses. Razorpay allows you to accept credit cards, debit cards, netbanking, wallet, and UPI payments with the Mobile App integration.
Is Razorpay banned by RBI?
The Reserve Bank of India (RBI) has lifted the year-long ban on online payment platforms Razorpay and Cashfree in India, giving the two companies the nod to act as payment aggregators (PA) for other merchants.
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