Amping up the online payment experience for consumers, Razorpay, the leading full-stack financial services company, today launched a new product, Instant Refunds for businesses. This new feature activates refunds and credits the customer’s source account across payment methods such as Credit card, Netbanking and UPI within a minute of initiation. Razorpay India is one of the fastest growing online retail markets today. About 71% of internet users in the country purchase products online. Today, the refund process has two major pain points for both the end customer and the business – one, a…
Read MoreMonday, December 23, 2024
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