India-based fintech Razorpay has launched Turbo UPI to allow customers of online merchants to make UPI payments with redirection to a third-party UPI app during checkout.

• Razorpay Turbo UPI aims to deliver a 5X faster payment experience. It streamlines the payment process and eliminates any redirection to external apps.
• This helps businesses achieve a significant increase in the success rate of UPI payments by 10%, according to the company.
• This solution was developed in partnership with NPCI and Axis Bank.