Razorpay
Latest, updated : Razorpay Engage will handle catalogues, product feeds, campaign launches and performance tracking for brands advertising on ChatGPT in India.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 5 stories, the newest dated 1 Oct 2026. Summary written 3 Oct 2026. Newer developments are under Latest moves.
Razorpay is an Indian payments platform that received RBI approval to operate as a cross-border payment aggregator, which lets it facilitate international payment flows for merchants.[1] source: Moneycontrol
Show 3 more paragraphs and 5 sources
Moneycontrol reported on the approval in September 2026.[1] source: Moneycontrol In September 2026 it was among the payment companies rolling out AI agents to automate merchant operations.[2] source: Mint
In October 2026 Razorpay enabled Apple Pay in India for online and supported in-store payments, following implementation of the RBI's alternative authentication framework in April 2026.[3] source: YourStory Zepto, ixigo, IndiGo, Tata 1mg and JioMart are among the businesses offering the option.[3] source: YourStory In September 2026 Razorpay said merchants using its AI agents saw a 15% to 30% topline boost.[2] source: Mint The agents target cart recovery, payments, disputes, COD verification, subscriptions and financial-product discovery.[2] source: Mint Razorpay-backed POP launched POPchop, a three-month interest-free BNPL option, in September 2026, offered through PayU Finance India and LazyPay.[4] source: ET Small Business POPchop accounts for 10-12% of POPShop orders in limited rollout.[4] source: ET Small Business
Razorpay's Prabhu Ram told Inc42's The CTO Summit 2026 that reliable payments in India require planning for failures in infrastructure companies do not control.[5] source: Inc42 Cashfree, BharatPe and PayU India are also rolling out AI agents for merchants.[2] source: Mint
Sources
Questions about Razorpay
What is Razorpay's current strategy in India?
Razorpay enabled Apple Pay for online and supported in-store payments in India in October 2026.[3] source: YourStory In September 2026 it rolled out AI agents for merchant operations such as cart recovery, disputes and subscriptions.[2] source: Mint Razorpay-backed POP also launched the POPchop BNPL option that month.[4] source: ET Small Business
Who are Razorpay's main competitors?
Razorpay is named alongside Cashfree, BharatPe and PayU India in Mint's September 2026 report, with all four rolling out AI agents to automate merchant operations and deepen merchant retention as payment margins tighten.[2] source: Mint
More stories about Razorpay
- Razorpay CEO sees UPI ecosystem spawning global fintechs from India
- Razorpay launches Vulcan AI model to lift checkout conversion and fraud detection
- Razorpay hires four senior engineering leaders to scale AI platforms
- Business Today spotlights Razorpay and India’s new generation of tech-led founders
- Razorpay adds Apple Pay to help Indian brands convert overseas shoppers
- Razorpay To Redomicile To India By Year-End, Targets Domestic IPO Within Two Years
- Razorpay FY25 revenue jumps 65% to Rs 3,783 crore, but net loss widens to Rs 1,209 crore
- Razorpay wins RBI nod to operate as physical payment aggregator, adds in-store POS play
- Razorpay, NPCI Bharat BillPay Launch Banking Connect Netbanking Rail; BharatPe Rebrands NBFC to BharatPe Capital
- India's youngest billionaires shift from factories to apps, fintech and consumer tech
- Razorpay Pivots From Payments To AI Platform For India's Small Businesses
Stories that mention Razorpay
7 stories
Razorpay is named in these stories but is not their subject.
- India weighs 0.4% fee on UPI merchant payments above ₹2,000, sources say
- Lightspeed India targets $500m in exits as Zepto-linked portfolio matures
- Pine Labs appoints former Razorpay executive Jayaram Karthik as COO
- Scapia opens ₹20 crore ESOP buyback two months after $63 million fundraise
- Ixigo bets on voice AI to power travel payments with TARA assistant
- Indian startups raise $7.4B in H1 2026, led by $900M CRED-Meta deal and D2C beauty M&A wave
- Paytm, Razorpay, Pine Labs Tap Anthropic's Mythos AI To Stress-Test Against AI-Native Cyber Threats