Razorpay launched its own Unified Payments Interface (UPI) infrastructure, or 'UPI switch', in partnership with Airtel Payments Bank.

Banking & Finance

Razorpay launched its own Unified Payments Interface (UPI) infrastructure, or 'UPI switch', in partnership with Airtel Payments Bank. The infrastructure is designed to handle up to 10,000 transactions per second, at any given time, and enable five times faster access to UPI innovations for businesses. The infrastructure must be hosted by a bank for businesses to use it. Airtel Payments Bank is Razorpay's banking partner for this. This infrastructure is powered by technology service providers (TSPs) for banks and plays a crucial role in processing UPI transactions at scale. This UPI switch will serve as a platform driving UPI innovations while supporting existing solutions like Turbo UPI and third-party payment solutions.


     

     

     

 

     


Airtel Payments Bank

Established- 2017
HQ- Gurgoan
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