Razorpay

Razorpay Product Details

Razorpay by Razorpay is a **payment gateway** focused first on authorizing and capturing online payments, so merchants can accept cards and local methods with high approval rates and low fraud. It provides hosted or embedded checkout, tokenization, and secure vaulting so returning customers pay in a click. Coverage matters: support for cards (Visa, Mastercard, Amex), wallets (Apple Pay, Google Pay), and local rails (bank redirects, RTP, BNPL) with multi‑currency settlement. 3‑D Secure flows, risk scoring, and velocity rules help prevent chargebacks while keeping conversion high. For developers, modern SDKs and REST APIs speed integration; webhooks keep your app in sync for payments, refunds, disputes and payouts. Reporting APIs surface authorization rates by BIN, issuer or region; reconciliation exports map transactions to orders for clean accounting. Subscription helpers manage saved payment methods, retries, and dunning to recover failed renewals. Operations features include role‑based access, audit logs, and granular API keys per environment. Compliance tooling—PCI DSS alignment, PII redaction, and tokenization—reduces scope and risk. For international merchants, intelligent routing and retries can reduce costs by sending transactions to the best acquirer per market. Implementation tip: start in sandbox, certify 3‑D Secure, and instrument checkout to track drop‑off by step. Benchmark auth rate, fraud rate, and chargeback ratio monthly—small gains compound into meaningful gross margin improvements.