Razorpay Blog

If you run an Indian business or freelance practice and bill UK clients in pounds, the cheapest and most compliant way to collect GBP is usually a virtual UK receiving account that lets your client pay you over Faster Payments like a domestic transfer, paired with clean documentation for FIRC and GST. Traditional bank wires and wallet-style platforms work too, but they often ...

Indian customers increasingly discover products, decide, and want to pay without leaving a chat thread. Yet most merchants still treat WhatsApp as a support and marketing channel rather than a place where money changes hands. That gap matters: with UPI processing 18...

India’s digital payments have reached a scale where settlement opacity is a direct threat to cash flow and compliance. Digital payment transactions in India grew from 7,404 crore in FY17 to 21,769 crore in FY23, and the money flowing through payment aggregator escrows has multiplied. Yet most founders still sign merchant agreements without interrogating how, when, and where t...

Digital payments in India have scaled almost tenfold in six years, with volumes climbing from 1,471 crore in 2017-18 to 14,726 crore in 2023-24. Support complaints have ...

India’s digital payments engine is running at a scale few markets can match, with the country’s payments market projected to reach US$10 trillion by 2026 and UPI processing over 131 billion transactions in FY23-24.

At this scale, an unresolved payment issue during a Diwali sale or a payout run is a revenue event that affects conversion, retention, and cash flow within ...