Razorpay Has Joined Paytm And Has Launched ‘Turbo UPI’ For One-Step Payment To Online Merchants.

Days after Paytm launched the UPI SDK, fintech upstart Razorpay announced the debut of ‘Turbo UPI,’ a one-step payment solution for the UPI network, on Tuesday (May 30).

The service was introduced by the fintech firm in collaboration with the National Payments Corporation of India (NPCI) and Axis Bank.

PhonePe joined Paytm earlier this month in launching UPI Lite – the no-PIN payments capability for transactions under INR 200.