Razorpay joins Paytm, launches ‘Turbo UPI’ for one-step payment to online merchants
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Days after the launch of UPI SDK by Paytm, fintech unicorn Razorpay on Tuesday announced the launch of ‘Turbo UPI’, a one-step payment solution for the UPI network. Razorpay said the service would allow users to make payments without being redirected to a third-party app during checkout. The fintech startup launched the service in partnership with the National Payments Corporation of India (NPCI) and Axis Bank.