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UPI payment failed: 2-minute instant refunds via this app, new feature rolled out

The solution by Razorpay POS will provide instant refunds for failed UPI transactions within two minutes, as against the industry benchmark of 5-6 business days, said the company.

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Razorpay POS introduces 2-minute instant refunds on failed UPI transactions

Fintech platform Razorpay POS on Monday launched an industry-first instant refunds feature on failed unified payments interface i(UPI) transactions in the country.

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Razorpay New Update: Fintech Platform Launches Industry-First Instant Refunds Feature on Failed UPI Transactions

In December last year, Razorpay POS announced it achieved a 60 per cent growth in FY23, contributing to nearly 10 per cent of the company's overall revenue. Razorpay New Update: Fintech Platform Launches Industry-First ‘Instant Refunds’ Feature on Failed UPI Transactions.

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Razorpay introduces 2-minute instant refunds on failed UPI transactions

Full-stack fintech platform Razorpay on Monday launched an industry-first 'instant refunds' feature on failed unified payments interface i(UPI) transactions in the country.The solution by Razorpay POS will provide instant refunds for failed UPI .

New delhiByas nambisanNational payments corporation of indiaLone pine capitalAlkeon capitalTiger globalSequoia capital indiaRibbit capitalMatrix partnersSalesforce venturesNational payments corporation

Razorpay POS announces instant refund for failed UPI transactions; here s how it works - SME News

Razorpay POS announces instant refund for failed UPI transactions; here s how it works - SME News
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