Razorpay Turbo UPI lets you make payments in just one step, 5 times faster than regular UPI; Partners with Axis Bank, NPCI

Razorpay will now let users make UPI payments with just one step.

This new feature is called Turbo UPI and it will soon be available with select brands.

Turbo UPI allows direct UPI payments without getting redirected to a third-party UPI app during checkout.

It is a 1-step payment experience for online customers as compared to a 5-step process on regular UPI. * Razorpay collaborated with NPCI and Axis Bank for Turbo UPI.

What is Turbo UPI? Turbo UPI is primarily meant for merchants who will need to integrate the service into the payment gateway. It is said to boost the payment success rate by 10%. Merchants will get access to granular insights into the end-users drop-off pattern and full control over the customer’s payment experience.

Turbo UPI vs Regular UPI: What is the difference? The payment gateway then redirects you to the selected app where you have to use your face/fingerprint lock to access the app. The next step is to cross-check the business name and requested payment and then you enter your UPI PIN to complete the payment.