Razorpay provides a full-stack fintech platform for Indian online businesses, starting with a payment gateway that accepts, processes, and disburses payments via cards, net banking, and UPI. It also offers tools for marketplaces, automated bank transfers, recurring payments, invoicing, and working capital loans. The service combines payments with financing and business-operations tools in an API-driven platform tailored to the Indian market. Its goal is to simplify money flow for merchants by unifying payments, payouts, billing, marketplace ops, and funding in one provider.
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Industries
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$762.3M
Headquarters
Bengaluru, India
Founded
2014
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Visa's Gaurav Ramdev awarded at Truecaller Ads Pitch BFSI Marketer Awards 2026. Gaurav Ramdev serves as the Head of Marketing, India and South Asia at Visa. Gaurav Ramdev, Head of Marketing, India and South Asia at Visa, has been honoured at the Truecaller Ads Pitch BFSI Marketer Awards 2026 for his outstanding work, vision and leadership. The honour recognises his contribution to marketing and brand-building in the banking, financial services and insurance (BFSI) ecosystem. Ramdev's recognition highlights his role in driving marketing initiatives at Visa and contributing to the brand's efforts in the evolving digital payments and financial services landscape. The honour reflects the growing focus on innovation, customer engagement and technology-led marketing across the BFSI sector. Gaurav Ramdev joined Visa as Head of Marketing to play a pivotal role in strengthening the brand and marketing efforts across the ecosystem in India and South Asia. His focus is on brand building and customer engagement and accelerating Visa's growth by reinforcing the brand's position as a trusted partner delivering innovative payment solutions. An award-winning marketer with 19 years primarily across CPG and Fintech, Gaurav has previously led marketing at Coca-Cola INSA and Razorpay. He joined Visa from Protean e-Gov Technologies where he was the Chief Growth & Marketing Officer and built the marketing function from scratch, besides leading a successful public listing and D2C growth operations. The Truecaller Ads Pitch BFSI Marketer Awards 2026 celebrates marketing professionals and leaders who have made an impact through strategic thinking, innovative campaigns and effective brand-building initiatives. Ramdev's recognition adds to the list of industry professionals honoured at this year's edition.
Ecommerce payment gateway in India: UPI, Cards & COD for Wix and Shopify stores (2026). 1 hour ago An ecommerce payment gateway in India is the service that lets a Wix or Shopify store accept UPI, debit and credit cards, net banking, wallets, and - for most product categories - cash on delivery, then settle that money into the seller's bank account. For most Indian stores in 2026, the right setup pairs a UPI-first gateway such as Razorpay or Cashfree with COD for categories where first-time buyers still hesitate to pay online, since UPI alone now accounts for the majority of online transaction volume in the country. Why the gateway you pick still decides whether a sale completes. Checkout is the one page on an ecommerce store where every rupee of ad spend and every hour of SEO work either converts or evaporates. A shopper in Jalandhar or Ludhiana who reaches checkout and doesn't see UPI as the first, obvious option will often just abandon the cart rather than dig through a menu for it. The store's product photography and pricing rarely lose the sale at this stage - the payment options do. That's true whether the store runs on Wix Studio or Shopify, and it's one of the first things Arcknet checks when auditing a client's ecommerce build. The payment methods an Indian store can't skip in 2026. * UPI (GPay, PhonePe, Paytm): the default choice for most shoppers under 40 - it needs to be the first, one-tap option at checkout, not buried under "other methods." * Cards (Visa, Mastercard, RuPay): still essential for higher-ticket purchases and older customers; RuPay adoption keeps climbing because merchant fees are typically lower. * Net banking: a smaller share of transactions now, but some B2B buyers and older customers still expect it. * Wallets (Paytm, Amazon Pay): more useful for repeat-customer convenience than as a first-time payment method. * EMI / Buy Now Pay Later: matters once ticket size crosses roughly ₹3,000-5,000, especially for electronics, furniture, and fashion. * Cash on delivery: still requested heavily in tier-2 and tier-3 cities, and by first-time buyers who haven't built trust in a new store yet. Comparing the major gateways for Wix and Shopify stores. Fees, settlement speed, and exactly which payment methods are enabled by default change over time, so confirm current rates directly with each provider rather than relying on a number quoted months ago. As a starting comparison for Indian stores: * Razorpay: covers UPI, cards, wallets, EMI, and net banking; has a native Shopify app and integrates with Wix through its checkout/redirect flow. It's the most commonly used gateway among Indian D2C stores Arcknet works with. * Cashfree: similar payment-method coverage to Razorpay, generally known for fast payouts and reliable UPI processing; also has a Shopify app and API-based Wix integration. * PayU: an established Indian gateway with wide bank coverage, used by many mid-size retailers; connects to both platforms via API or plugin. * Instamojo: a simpler setup historically popular with very small sellers and solopreneurs, with fewer advanced features than Razorpay or Cashfree. * PayPal: only needed if the store also sells outside India - it doesn't cover UPI or COD, so it works as a second gateway alongside a domestic one, not a replacement for it. Cash on delivery: still necessary, but manage the risk. COD converts hesitant first-time buyers, but it also carries return-to-origin (RTO) risk when a customer refuses the parcel at the door. Stores that keep COD healthy generally do three things: charge a small COD handling fee or ask for a partial deposit above a certain order value, verify high-value COD orders with an OTP or a confirmation call before dispatch, and restrict COD to pin codes their courier partner actually services reliably. Tracking which products see the highest RTO rate also helps decide, product by product, when it's safe to nudge customers toward prepaid-only. Setting this up on Wix or Shopify. On Wix Studio, payment providers are connected through the site's business and payment settings, with built-in integrations for the major Indian gateways alongside support for custom redirect checkout where needed. On Shopify, gateway apps install from the Shopify App Store and connect through the store's payment settings, either as a direct integration or a manual/redirect method. The most common mistake Arcknet sees on both platforms is a store that only ever enabled one payment method at launch and never revisited it as the product mix changed. Every Wix Studio and Shopify store Arcknet builds through its website development work in Jalandhar includes payment gateway setup matched to what the business actually sells, and an existing store's checkout can be audited the same way - see recent builds at Arcknet's portfolio or get in touch to have a checkout reviewed. Security and compliance basics. PCI DSS compliance is largely handled by the gateway itself when a store uses its hosted checkout correctly - the store should never store raw card numbers on its own servers, and tokenization through the gateway takes care of that. Confirm any gateway under consideration is RBI-authorized before integrating it. None of this is legal advice; for specific regulatory questions, check the gateway's own compliance documentation or consult a qualified professional. Frequently asked questions. Which payment gateway is best for a small Wix store in India? For most small Indian Wix stores, Razorpay or Cashfree cover UPI, cards, and wallets with the least setup friction, and both have Wix-compatible integration paths. Do I need cash on delivery if I already accept UPI? In most categories outside metro-only or B2B products, yes - COD still converts a meaningful share of first-time buyers who haven't built trust with a new store yet. Can I accept international payments on the same store? Not through a domestic-only gateway. Add PayPal, or a gateway with explicit multi-currency and cross-border support, alongside your domestic gateway. How much do Indian payment gateways charge? Rates vary by provider, payment method, and negotiated transaction volume, and they change over time, so confirm current pricing directly with the gateway rather than a fixed number quoted elsewhere. Is UPI actually safer to accept than cards? Both are safe when processed through an authorized gateway's hosted checkout. The real risk in either case is a store trying to handle payment details directly instead of letting the gateway process them. Does Arcknet set up payment gateways as part of a website build? Yes - every Wix Studio and Shopify store Arcknet builds includes payment gateway setup matched to what the business sells. See recent work on Arcknet's portfolio page or reach out through the contact page.
ecommerce website development in chennai. September 17, 2026 admin Its Blog With the rapid expansion of direct-to-consumer (D2C) brands, local retail chains, and manufacturing hubs across Tamil Nadu, having an online store is no longer just an additional sales channel - it is a core business asset. However, building a store that actually generates revenue requires more than just listing products. It requires frictionless mobile checkouts, sub-2-second page speeds, and local search visibility. Investing in professional ecommerce website development in chennai ensures your e-commerce store is engineered to handle peak festive traffic, process instant UPI payments, and convert casual visitors into repeat buyers. What makes an e-commerce store successful in 2026? Modern shoppers have zero tolerance for slow product pages, confusing navigation, or complicated checkout steps. High-converting online stores rely on four technical pillars: | Critical Feature | Technical Standard | Business Impact | | Mobile Checkout Speed | Under 2 seconds with cached catalog queries | Reduces cart abandonment by up to 35% | | Localized Payment Gateways | Native UPI, QR scan, Net Banking, and Cards | Accelerates impulse buys and builds consumer trust | | Product Schema Markup | Structured JSON-LD Product & Review data | Shows rich price, rating, and stock snippets in Google | | Inventory Synchronization | Real-time database updates for stock levels | Prevents overselling and streamlines order dispatch | 4 pillars of high-performance e-commerce development. 1. Instant mobile checkouts & UPI integrations. In India, more than 75% of online retail purchases happen via smartphones using UPI apps (Google Pay, PhonePe, Paytm). * Amigosoft implement streamlined one-click checkout flows and integrate trusted Indian payment gateways like Razorpay, Cashfree, and PayU. * Direct WhatsApp order buttons allow customers to ask product questions or confirm cash-on-delivery orders in real time. 2. Sub-2-Second product catalog speed. Slow image galleries directly kill e-commerce sales. * Next-Gen WebP Compression: High-definition product photos are automatically served in compressed WebP format to maintain sharp visuals at a fraction of the file size. * LiteSpeed Caching & Object Cache: Redis or Memcached database caching keeps catalog searches and filter queries lightning-fast. * You can audit your online store's mobile load speed anytime using Google PageSpeed Insights. 3. Search engine optimization & rich snippets. A great catalog is meaningless if shoppers can't find your products on Google. * Semantic Product URLs: Clean, keyword-focused URL structures that search crawlers index easily. * Product & Offer Schema: Automatically outputs pricing, currency, in-stock status, and star reviews directly onto search engine result pages. 4. Scalable CMS & full inventory control. As an experienced web design company in chennai, Amigosoft build stores on scalable platforms like WooCommerce, Shopify, or custom PHP backends, giving your team full control over inventory, automated invoices, coupon codes, and shipping partner integrations (Shiprocket, Delhivery). Why choose amigo websolutions for your e-commerce store? * | Speed & Core Web Vitals Focus: Every store is engineered to pass Google's mobile performance benchmarks. * | End-to-End Security: Pre-configured SSL encryption, secure database queries, and automated offsite backups to safeguard financial transactions. * | Built-in Local SEO: Optimized category and landing pages designed to capture regional and national commercial search traffic. Ready to launch or upgrade your online store? Turn your retail products into an automated, 24/7 revenue engine with a high-performance e-commerce website. * | Direct Call / WhatsApp: +91 - 7667665966 * | Explore Its Solutions: amigosoft.in
Paytm, PhonePe, Razorpay are building AI Products. When will they start making money? Paytm, PhonePe and Razorpay are betting on AI across fintech, but meaningful revenue from these products could take until FY28 and beyond. Read Time: 3 mins AI product launches should currently be viewed more as a sign of future ambition than immediate earnings potential (Photo: AI Generated) India's leading fintech companies are rapidly rolling out artificial intelligence (AI)-based products, but the technology is yet to become a meaningful revenue driver, at least not in the near term, according to Emkay Research, as cited by PTI. The brokerage expects AI-led revenue generation in the fintech sector to become more visible from FY28 onwards, even as companies such as Paytm, PhonePe and Razorpay expand their use of AI across payments, lending, customer service and merchant operations. AI Products Are Growing, But Revenue Still Elusive AI emerged as the dominant theme at the Global Fintech Fest 2026, with over 32% of the total sessions explicitly focused on AI or agentic AI, as Emkay Research said in a report following the event. However, the brokerage noted that adoption and monetisation remain at an early stage. None of the companies covered in its report disclosed revenue generated from their newly launched AI products. "We expect AI-led revenue to be an FY28 and beyond story, with servicing and insight work showing up sooner," the brokerage said. Paytm showcased an AI platform aimed at banks, lenders, insurers and small merchants, offering tools for customer service, sales, fraud assessment and marketing, while PhonePe demonstrated AI-powered search, transaction insights and merchant-focused tools. Razorpay, meanwhile, showcased an AI account manager for small businesses and a proprietary payments model trained on around 3 trillion data points across four billion payments. Cost Savings May Come Before AI Revenue The brokerage also indicated that for fintech companies, initially the benefits might come via internal efficiencies rather than direct monetisation. The benefits might include lower servicing costs, better customer support, faster technology integration and other potential benefits. Whether these efficiencies lead to higher usage and incremental revenue should become clearer over the near to medium term. The brokerage also highlighted increasing adoption of digital payments as UPI processed 24.51 billion transactions worth Rs 29.82 trillion in August 2026, while the Unified Lending Interface had more than 64 lenders and 136 data services. Meanwhile, agentic payments face regulatory hurdles as the Unified Agent Protocol for small autonomous debits was still pending at the close of the fintech fest, according to the brokerage report, and it also emphasizes the need for human checkpoints in the process. Thus, for investors, this assessment suggests that AI product launches should currently be viewed more as a sign of future ambition than immediate earnings potential. Proprietary data, distribution, and the ability to convert AI capabilities into higher usage are likely to determine which fintech companies eventually turn their AI investments into meaningful revenue growth. Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories - On NDTV Profit.
Fintech AI jobs 2026: essential skills, high-paying roles, and hiring trends you need to know. The fintech AI jobs market has entered a new phase in 2026. What used to be experimental AI pilots inside banks and payment companies has now moved into full production use - and that shift is opening up a wave of new, high-paying career opportunities for students and job seekers. This shift became clear at the Global Fintech Fest (GFF) 2026 in Mumbai, held on September 9-10, where major players in India's fintech space showcased how deeply AI has been embedded into everyday operations - from customer support and fraud detection to in-app search. From AI pilots to full production: what changed. For the past few years, fintech companies experimented with AI in small, contained ways. In 2026, that experimentation has scaled into live, production-grade systems that directly power millions of daily transactions and customer interactions. At GFF 2026, PhonePe revealed some striking automation numbers: nearly 94% of its customer support is now automated, and around 80% of its fraud investigations run through AI systems. The company's leadership was also candid that automation doesn't automatically improve every experience; a reminder that thoughtful AI deployment still matters more than blanket automation. | Automation Area | Share of Automation (PhonePe, 2026) | | Customer support resolved via AI | ~94% | | Fraud investigations automated | ~80% | Razorpay also unveiled new AI-driven tools at the event, including an AI-powered account manager built for WhatsApp and a workflow automation suite for post-payment processes. The company additionally previewed a model focused specifically on fraud detection and checkout optimization, signaling that fintech firms are no longer testing AI in isolated corners but weaving it across the entire customer journey, including voice-based interactions in sales, servicing, and collections. Why this matters for job seekers. Every one of these automation milestones translates into real hiring demand. As fintech companies scale AI from pilot to production, they need people who can build, monitor, and govern these systems responsibly. Recent hiring activity reflects this shift directly: * Citi (Mumbai) is hiring engineers to build retrieval-augmented generation (RAG) workflows and human-in-the-loop controls for KYC operations. * Wells Fargo has opened a Lead Risk Analytics Consultant role focused specifically on Generative AI. * HSBC is hiring a business risk data scientist to work on fraud analytics within merchant acquiring. These aren't isolated postings - they represent a broader pattern of fintech and banking majors building dedicated AI-ops, risk analytics, and GenAI engineering teams. In-Demand roles in fintech AI for 2026. If you're planning your next career move, here are the roles seeing the strongest momentum right now: * AI-Ops Engineer - Manages and monitors AI systems running in live production environments * GenAI Engineer - Builds and fine-tunes generative AI applications, including RAG-based systems and AI agents * Risk Analytics Consultant (GenAI focus) - Applies AI models to credit, fraud, and compliance risk assessment * Business Risk Data Scientist - Uses data science techniques to detect fraud and support merchant risk decisions * AI Governance & Compliance Specialist - Bridges technical AI systems with regulatory and audit requirements Must-Have skills for fintech AI careers. To land these roles, employers are prioritizing a specific and fairly consistent skill set: Technical skills. * Python - still the backbone language for AI and data-driven roles * Vector databases - essential for powering search and retrieval systems * Retrieval-Augmented Generation (RAG) - a core technique behind most production GenAI tools * LangChain / LangGraph - popular frameworks for building AI agent workflows * Tool calling and orchestration - enabling AI systems to take real actions, not just generate text * Guardrails and evaluation frameworks - ensuring AI outputs are safe, accurate, and monitored Domain & Governance skills. * Understanding of RBI-aligned compliance and data privacy norms * Knowledge of identity verification and consent management * Ability to design audit trails and model monitoring systems * Familiarity with escalation paths for AI-driven decisions Employers are increasingly looking for candidates who can connect technical AI skills with real regulatory understanding, not just people who can build a model, but people who can build one that's safe, compliant, and auditable. How students can get fintech-ready this semester. You don't need a job offer to start building relevant experience. Here's a practical starting point: * Build one small end-to-end AI project - a fraud-detection feature, a RAG-based knowledge assistant, or a simple voice-based collections bot * Use synthetic or public datasets to avoid privacy issues while practicing on realistic problems * Document your results - track accuracy, latency, and safety checks, since employers want to see measurable outcomes, not just working code * Follow major fintech employer career pages and stay alert to hiring announcements around industry events like GFF * Practice basic red-teaming - testing your own AI system for failure points shows maturity that recruiters notice
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Industries
Company Size
1,001-5,000
Company Stage
Private
Total Funding
$762.3M
Headquarters
Bengaluru, India
Founded
2014
Find jobs on Simplify and start your career today