Razorpay, Airtel Payments Bank Roll Out ‘UPI Switch’ To Enable 10K Transactions Per Second

 Razorpay announced the launch of its own Unified Payments Interface (UPI) with ‘UPI Switch’ in partnership with Airtel Payments Bank 👇

Razorpay said that its ‘UPI Switch’ is designed to handle up to 10,000 transactions per second (TPS) at any given time.

The fintech major claimed that its ‘UPI Switch’ excels in dispute resolution, resolving issues 7X faster, within 24 hours compared to the industry average of seven days.

It also claimed that its switch offering can process refunds instantly compared to the industry standard of up to three days.

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