Daily Current Affairs on India’s Razorpay forays into Singapore for IBPS(Clerical) Exam Preparation

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India’s Razorpay forays into Singapore

Razorpay has expanded into Singapore, its second market in Southeast Asia after Malaysia. 

  • Razorpay offers AI-powered, easy, and secure payment solutions to support local businesses. Its offerings include multi-currency transactions, real-time payments, and cost-efficient cross-border solutions.  
  • The Agentic-AI toolkit automates transactions and financial operations. RAY, an AI concierge, manages payments, payouts, payroll, and fraud protection. Magic Checkout provides a one-click payment experience to boost conversions.
  • Razorpay supports multiple payment methods, including digital wallets and real-time payment rails.
  • Co-founder Shashank Kumar stated that AI-driven solutions will help businesses scale efficiently. SEA Head Angad Dhindsa highlighted the need for cost-effective global transactions.

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