Bengaluru-based fintech firm Razorpay hosted its flagship occasion, FTX’25, on Thursday, the place it unveiled a sequence of merchandise powered by AI. The corporate claims these improvements will redefine cost processes for companies, making setup simpler and delivering a seamless expertise for customers.
The occasion showcased Razorpay’s dedication to harnessing AI’s potential, not simply as a instrument however as a core factor of its cost options. The corporate emphasised its AI-driven strategy to handle the evolving wants of companies in an more and more digital world.
Among the many key bulletins was the launch of Ray Concierge, an AI-powered onboarding system that simplifies the usually complicated means of organising cost gateways. Ray Concierge acts as an assistant, analysing enterprise particulars, together with the paperwork, and automating type filling, considerably decreasing the effort and time required for onboarding.
To deal with this, Shashank Kumar, founder and MD of Razorpay, mentioned in a keynote speech that with the assistance of AI, the corporate has constructed the “greatest enterprise onboarding expertise within the business”.
Razorpay has additionally launched Ray Co-Pilot an AI-powered instrument for aiding builders with cost gateway integration. It plans to simplify the method by producing code, testing setups, and offering steerage, eliminating the necessity for in depth handbook configuration and saving time.
“Ray Co-Pilot is a useful engineer who will assist you to with probably the most complicated integrations. You don’t must learn docs or check it manually. You’ll be able to simply inform the Co-Pilot what you want, and…it’ll do the combination [and] check the setup,” Kumar added.
The corporate additional showcased its imaginative and prescient for the way forward for funds by introducing an agentic AI toolkit designed to allow seamless funds. This know-how permits funds to be processed inside AI brokers’ environments, eliminating the necessity for customers to navigate to exterior web sites, a separate cost gateway web page, or apps.
Referring to agentic AI, Harshil Mathur, co-founder and CEO of Razorpay, talked about, “Now, when an AI assistant finds you the right lodge, OTT subscription or a limited-edition speaker, you don’t need to open the online web page. [You can] order your self and do all of these issues. You don’t get redirected, [and] you don’t get interrupted.”
Razorpay’s FTX 25 keynote session highlighted the corporate’s dedication to innovation and its perception within the transformative energy of AI. With these new AI-driven merchandise, Razorpay goals to empower companies with streamlined cost options, paving the way in which for a extra environment friendly and user-friendly cost expertise.
The put up Razorpay Unveils Ray Concierge, Co-Pilot To Supercharge Fee Expertise for Companies appeared first on Analytics India Journal.
