Strategy Consultant

Razorpay introduces Vulcan to boost reliability of digital transactions. Fintech major Razorpay has launched Razorpay Vulcan, India's first transformer-based AI payments foundation model built with NVIDIA and AWS. The model aims to reduce payment failures, enhance fraud detection, and improve transaction routing across India's diverse digital ecosystem. Geographic Reference Published Date - 18 August 2026, 11:00 AM New Delhi: Fintech major Razorpay has launched an AI-powered payments foundation model - Razorpay Vulcan - built with NVIDIA and AWS technology aimed at making digital transactions more reliable, secure and predictable as India's digital economy continues to expand, the company said on Tuesday. The company described it as India's first transformer-based AI foundation model built specifically for payments. Developed using technology from NVIDIA and Amazon Web Services (AWS), the model is designed to address payment failures, fraud, transaction routing and checkout-related friction across India's diverse digital payments ecosystem. Razorpay said the model was developed after an internal study involving 1.5 million shoppers and more than 51,000 businesses, which found that payment-related friction affected consumers across both metropolitan and smaller markets. In addition, early components of the model have already been deployed across around 3 trillion data points on its payments network to test routing, fraud and risk decisions on live transactions, according to the company. It further noted that the technology has helped improve payment success rates by up to 10 per cent and detect and prevent eight times more international card fraud. It has also identified five times more fraudulent or disputed transactions without increasing the number of alerts. The company said 40 per cent more shoppers were able to see their preferred UPI application on its Magic Checkout platform, helping facilitate an additional 1-2 lakh purchases every month. Razorpay CEO and Co-founder Harshil Mathur said the initiative was aimed at making digital payments more dependable for consumers who were still deciding whether to trust digital transactions over cash. Pahal Patangia, Head of Global Industry Business Development and Payments, NVIDIA said that India's rapidly evolving digital economy is creating an opportunity to make payments more intelligent, reliable, and secure. Geographic Reference "Razorpay is reimagining payments intelligence at India scale with an AI Foundation Model - built on Amazon SageMaker - that consolidates billions of transaction insights into a single, continuously learning intelligence layer, replacing fragmented ML models with unified AI that delivers higher payment success rates, rapid iteration, and enterprise-grade security for mission-critical payment flows," says Kiran Jagannath, Head of FSI and Conglomerates, AWS India and South Asia. India's payments ecosystem involves multiple payment modes, including UPI, cards, net banking, wallets and cash on delivery, with transactions routed through hundreds of banks and gateways. Razorpay said its model is designed to assess payment routes in real time and select the most suitable route before a transaction is attempted. The new model would eventually be expanded to power payment decisions across authentication, routing, fraud detection and lending as India's digital commerce market grows, the company said. Discover more College Protest Coverage Property Listings Service Telangana News Subscription * Follow Us:

Can Razorpay turn ChatGPT into india's next commerce channel? Razorpay is building AI-native commerce infrastructure that lets merchants create ChatGPT storefronts and sell products within the chat interface. As brands such as Nykaa, begin treating AI assistants as a customer acquisition channel, payment companies are racing to build the infrastructure for AI-led commerce Razorpay says it is working with around 50 brands on ChatGPT commerce pilots and about 200 businesses on its Agent Studio platform ChatGPT is beginning to emerge as more than a search assistant for ecommerce. For a growing number of brands and marketplaces, it is also becoming a new channel for product discovery and, increasingly, shopping. Nykaa offered one of the clearest signals of that shift in its recent Q1 FY27 management commentary.

Update version 2026.08.03.0.75 | Yoroflow product update - AI Sales agent, Razorpay integration & platform enhancements. Table of contents. SaaS Hub is excited to introduce a new set of product updates designed to make your day-to-day business operations more intelligent, connected, and efficient. From an AI-powered Sales Rep Agent and Razorpay integration to flexible table fields, workflow drafts, real-time AI form generation, and enhanced login visibility, these updates bring more automation and control directly into your workflow. Here's what's new. Sales Rep AI Agent in CRM. Managing sales opportunities becomes easier with the new AI Sales Rep Agent in CRM. The AI Sales Rep Agent helps sales teams quickly understand their pending deals, review previous interactions, and take action without manually searching through multiple records. View pending deals at a glance. The agent provides a list of pending deals, helping sales representatives identify which opportunities need attention. For each deal, you can access an overall summary of the previous conversation and activities associated with the opportunity. This gives sales reps the context they need before taking the next step. Get an AI-generated conversation and activity summary. Instead of going through every previous interaction, the AI summarizes the important details of the deal, including relevant conversations and activities that have already taken place. This makes it easier to understand: * What has already been discussed * Previous customer interactions * Deal activity and progress * What action may be required next Generate and send follow-up emails with AI. The new Summary Email option makes customer follow-ups faster. The AI generates an email template based on the deal context and previous interactions. Sales representatives can review the generated email, make changes if required, and approve and send it directly to the client. This reduces the effort required to write follow-up emails while keeping communication relevant to the customer. Pre-call briefing. Before speaking with a customer, sales reps can use the Pre-Call Briefing feature to quickly review the previous call summary. The briefing provides important context from earlier conversations, helping sales representatives prepare before contacting the customer. You can also call the customer directly from the briefing, making the entire process more convenient. Razorpay integration. Yoroflow now connects natively with Razorpay, one of India's most widely used payment gateways. Setup is straightforward - retrieve your API key and secret from your Razorpay account and enter them in Yoroflow's integration settings. Once connected, the automation feature takes over. You can configure triggers so that whenever a selected invoice, subscription, or payment link reaches a success or failure status, a new entry is automatically created in a designated data table. This eliminates manual payment tracking and ensures your records stay current without any intervention from your team. New table field control types. SaaS Hub has expanded table field capabilities with three new control types: * Select * Select Multiple * Autocomplete These options make it easier to create structured and searchable data fields. Select. With the Select control type, you can create a dropdown based on data stored in another data table. You can configure: * User data table * Key column * Description column * Conditions You can also define conditions for filtering the available records, such as: * Begins with * Ends with * Equal * Not equal * And other supported conditions Once configured and saved, the filtered list will be available directly within your table. Select Multiple. Need to select more than one record? The Select Multiple option allows users to choose multiple values from the available data. This is useful when a record needs to be associated with multiple users, categories, teams, or other related data. Autocomplete. The Autocomplete control type makes it easier to search and select records from available data. Instead of scrolling through a large list, users can start typing and quickly find the required value. These new control types provide more flexibility when designing and managing structured business data. Save workflow as Draft. Building a workflow doesn't always happen in one sitting. With the new Save as Draft feature, you can now save your workflow while it is still incomplete and continue working on it later. When you try to publish an incomplete workflow, the platform displays an incomplete flow warning notification, helping you identify that the workflow still needs additional configuration. You can save your progress, return later, complete the remaining steps, and then finalize the workflow. This makes workflow creation more flexible, especially when designing complex automation processes. Live streaming in AI form creation. AI-powered form creation now comes with a new streaming experience. Previously, users had to wait until the entire form was generated before seeing the result. Now, the form creation process can be viewed live as the AI generates it. This provides better visibility into the generation process and makes the AI form-building experience more interactive. Instead of waiting for the final result, you can watch the form take shape in real time. Tracking user login activity is now more informative with the new Map View option in Login History. Based on the IP address associated with a login or logout activity, you can view the corresponding location on a map. This provides an additional layer of visibility into user access activity and makes it easier to understand where login and logout activity originated. The Login History map view can be particularly useful for monitoring access patterns and reviewing user activity. Mobile access has also received an important update. You can now view the concurrent mobile login limit configured for your application.This provides greater visibility into how many mobile sessions can be active simultaneously and makes mobile access management easier. Keeping the mobile application updated is now easier. Whenever a new app update is available, the update information will be displayed directly on the login page. This makes users aware that an updated version is available before they continue using the application. Once the app has been updated, users can log in and continue using the latest version with the newest features and improvements. Smarter tools for better business operations. These updates bring together AI-powered sales assistance, payment automation, flexible data management, workflow improvements, and better platform visibility. With the new AI Sales Rep Agent, sales teams can spend less time searching through CRM records and more time engaging with customers. With Razorpay integration, payment events can automatically trigger business actions. New table controls provide greater flexibility for managing data, while Save as Draft makes workflow creation easier. SaaS Hub'll continue improving the platform with features that help teams work smarter, automate more, and get more done from a single workspace.