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Rapido rides ahead with Razorpay’s real‑time paymentsJayaram Kowta / Wikimedia Commons
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BUSINESSYourStory · 2 hours agoLive

Rapido rides ahead with Razorpay’s real‑time payments

Reported by YourStory, not nibnow. We are not the publisher of this story, only the source is.

WHY IT MATTERS

Rapido’s integration of Razorpay’s real‑time payments could make rides cheaper and faster for millions of Indian commuters, improving the daily travel experience.

WHAT HAPPENED

Rapido rides ahead with Razorpay’s real‑time payments Getting around an Indian city has always been harder than it should be. Cabs were expensive, public transport was overcrowded, and for millions of daily commuters, the last mile remained unsolved. When Aravind Sanka, Pavan Guntupalli, and SR

KEY CONTEXT

Razorpay is a major Indian fintech company that provides payment gateway services, and its real‑time payment technology allows merchants to receive funds instantly, which is valuable for on‑demand services like ride‑hailing.

WHAT TO WATCH
  • •Rapido’s rollout timeline for the new payment system
  • •User adoption rates and impact on ride pricing
  • •Whether other Indian mobility platforms adopt similar real‑time payment solutions
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