Razorpay launches API platform for banks

Razorpay launched a new API-based platform that allows banks to embed payment and financial services directly into their mobile apps. The solution aims to streamline digital banking experiences while expanding fintech adoption across regional and mid-sized banks. By offering modular integration and faster deployment, Razorpay targets enhanced transaction efficiency and customer engagement. The move also reflects the growing collaboration between fintechs and traditional financial institutions as digital infrastructure becomes central to India’s financial ecosystem.