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Razorpay, in collaboration with CRED and Visa, has introduced CardSync, a payment solution streamlining online transactions.
All three are previous investors. (Razorpay went through the YC program, and launched its business there, at the start of 2015.) It brings the total raised by the startup to $31.5 million.
Razorpay currently powers digital payment s for over 2,00,000 small and large businesses, including Airtel, BookMyShow, IRCTC, Aditya Birla Capital, NSE, among others.
Razorpay, an online payment gateway solution, today announced its series A funding round of 9 Million USD, led by Tiger Global along with participation from Matrix Partners.
In contrast, Razorpay currently has two options, one at 2% and the other at 2.5% per successful transaction, with different features and fees associated with each.