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From its inception in 2014, razorpay has strived to become a payment gateway that offers cross platform payment modes.
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What are the benefits of using razorpay for mutual fund services?
With Razorpay, Mutual Fund services get API-driven bank account validation which helps them enforce validation on payment method, bank name, and bank account. It sounds like a simple process but it is imperative in reducing payment failure rates significantly, which in turn slows churn rate, and boosts overall business growth.
What are the objectives of the razorpay case study?
The case ends with customer accolades for the company and the future plans of Razorpay. It remains to be seen whether Razorpay will continue with its quest for innovative products in the fintech space and make the payment experience simple for customers. The case is structured to achieve the following teaching objectives:
What do you think about the case of razorpay?
Razorpay’s innovative products are described in detail along with its business model. The case ends with customer accolades for the company and the future plans of Razorpay. It remains to be seen whether Razorpay will continue with its quest for innovative products in the fintech space and make the payment experience simple for customers.
What payment security standard did razorpay comply with?
“AWS also complied with the Payment Card Industry Data Security Standard (PCI DSS), ensuring we could accept transactions from branded cards from companies such as Visa, MasterCard, and American Express.” Razorpay’s in-house team then designed and deployed an infrastructure for the business in the US East (Northern Virginia) Region.
Last Update: Oct 2021
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