Razorpay, the leading fintech firm, made waves at its flagship event, FTX’24, where it announced a significant milestone: surpassing $150 billion in total payment volume (TPV). The event, now in its fifth edition, showcased Razorpay’s commitment to innovation and its dedication to transforming the fintech landscape.

Breaking New Ground with Payment Gateway 3.0

One of the highlights of FTX’24 was the introduction of Payment Gateway 3.0 by Razorpay. This new iteration aims to revolutionize the entire buyer journey, going beyond mere payment processing. With enhanced features and functionalities, Payment Gateway 3.0 promises to deliver a seamless and intuitive payment experience for both businesses and consumers alike.

Introducing RAY: The AI Assistant for Ecommerce

In a move towards greater efficiency and automation, Razorpay unveiled RAY, an AI assistant tailored for ecommerce businesses. RAY is designed to address various payment-related challenges and streamline operations, empowering merchants to optimize their processes and drive growth.

A Platform for Insight and Collaboration

FTX’24 drew over 2,000 founders and featured insights from 30 speakers, making it a hub of innovation, collaboration, and knowledge sharing. Shashank Kumar, MD and Co-founder of Razorpay, emphasized the company’s commitment to fostering an ecosystem conducive to business growth and customer transformation.

Innovation at the Core

For Razorpay, innovation is not just a buzzword; it’s a guiding principle. Shashank Kumar reiterated this sentiment, stating, “Innovation is at the front and centre of everything we do at Razorpay.” This commitment to innovation underscores Razorpay’s relentless pursuit of excellence and its determination to push the boundaries of what is possible in fintech.

Leveraging AI for Future Growth

Looking ahead, Razorpay is poised to leverage AI technology to drive further advancements in financial services and customer experiences. Shashank Kumar emphasized, “Razorpay is seriously looking into leveraging AI.” This strategic focus on AI reflects Razorpay’s forward-thinking approach and its determination to stay ahead of the curve in a rapidly evolving digital landscape.

As Razorpay continues to break new ground and push the envelope in fintech innovation, FTX’24 stands as a testament to its unwavering commitment to excellence, collaboration, and customer-centricity. With Payment Gateway 3.0 and RAY leading the charge, Razorpay is poised to redefine the future of payments and empower businesses to thrive in an increasingly digital world.

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *