Razorpay Innovates with Groundbreaking Financial Solutions

Razorpay, recognized as India’s foremost omnichannel payments and business banking platform, has unveiled four significant innovations during its annual event, FTX 2025. These new features are designed to equip startups, e-commerce brands, and enterprises with streamlined financial solutions and secure, AI-driven experiences.

RazorpayX Corporate Cards

– In collaboration with YES Bank, RazorpayX Corporate Cards have been introduced as India’s pioneering corporate card focused on startup founders.
– This innovation simplifies spending and reconciliation, specifically serving early-stage startups.
– It provides tailored spending limits, automated expense tracking, and AI-powered vendor payments, addressing the persistent credit and cash flow issues typically encountered by startup founders.

Buyer Protection Program

– Launched as India’s inaugural buyer protection feature, this program enhances trust among online consumers by offering a money-back guarantee for non-delivery or fraudulent transactions.
– Direct-to-consumer (D2C) brands can benefit from increased prepaid adoption, decreased return-to-origin (RTO) losses, and an enhanced e-commerce environment.

RAY Agentic-AI Toolkit

– This suite is India’s first AI-driven toolkit for onboarding, integration, real-time payment intelligence, and more.
– It features the RAY Onboarding Assistant for ten times faster onboarding, RAY Co-Pilot for creating and testing payment integration code, and RAY Concierge for real-time tracking of over 20 critical payment metrics.
– This advanced AI approach is intended to facilitate one-click autonomous transactions and smooth commerce experiences.

Razorpay Engage Gift Cards

– The newly introduced digital gifting platform allows businesses to create and distribute gift cards seamlessly.
– It offers advanced AI-driven security measures, adaptable redemption rules, and a comprehensive catalogue to enhance customer loyalty without depending on discounts alone.

Remarks from Razorpay Leadership

During the FTX event, Harshil Mathur, Co-founder & CEO of Razorpay, expressed enthusiasm, noting that for over ten years, Razorpay has been pivotal to India’s digital transformation, crafting financial solutions that empower businesses of all scales. He is particularly excited about the RAY Agentic-AI Toolkit, predicting it will mark a significant advancement in intelligent financial automation and usher in the future of commerce. Mathur highlighted a vision where transactions occur seamlessly in the background, allowing users to focus on their experiences without interruption.

Harshil Mathur further stated that the future of business finance will revolve around not merely managing funds but enabling movements at a quick pace aligned with ambitions. He emphasized the increasing urgency to innovate within the evolving landscape of finance as India rapidly shapes its fintech future.

Shashank Kumar, MD & Co-founder of Razorpay, commented on the introduction of these products, stating that the fintech sector has only scratched the surface of its potential. Kumar views India as a global benchmark for fintech innovation and believes there remains much to accomplish. He envisions that through ongoing innovations, the approach to payments and business banking in India will experience a transformation. He stressed that AI-imbued products like Corporate Cards, Engage Gift Cards, and the Buyer Protection Program will empower businesses to push their boundaries and reimagine opportunities, thereby defining the future of a dynamic AI-centric financial landscape.