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Growth In India

India has set the pace for cashless payment innovation with UPI transfers disrupting an already complex market with dozens of eWallets, local RuPay debit and credit cards, online banking, and cash still being a key player.

Rapyd helps international businesses grow in India as well as Indian businesses scale internationally, with a complete set of payment solutions to receive and send money, including a seamless way to digitize cash transactions thereby increasing overall payment adoption which is key to help businesses grow effortlessly.

UPI Growth Rate

Source: NPCI

Source: NPCI

The Rise of Cashless Payments

India is adopting cashless payments at an incredible pace, and moving rapidly from cash to UPI, local cards, and ewallets. Over 37% of all consumers in India have already adopted mobile payment options and that number is growing fast. Rapyd’s comprehensive payment network makes it simple to accept all of India’s favorite ways to pay.

Of all card transactions, RuPay currently has

33% Market Share

Over the last 3 years, annual eWallet transactions
have exploded from

6 Billion to 45 Billion

Source: Statista

Of all digital payments in India, UPI fulfils over

50% Of Them

Source: Quartz India

Access the full suite of Indian payments via a single integration to Rapyd’s APIs

Payment Types Accepted

Collecting Payments

Disbursing Payments

Cards
RuPay, Visa, Mastercard, Amex, and Diners Club credit and debit cards
Collecting Payments
Disbursing Payments
UPI
Instant bank and eWallet transfers
Collecting Payments
Disbursing Payments
Bank Transfers
Receive and send funds via UPI, Netbanking, NEFT, and virtual payment accounts
Collecting Payments
Disbursing Payments
Cash
Pay in cash in stores for online purchases and top-ups
Collecting Payments
eWallets
More than 10 of India's favorite eWallets including Paytm, PhonePe, Airtel Money, Mobikwik, and more
Collecting Payments

Increase revenue by offering

More Ways to Pay

Reduce platform and development fees

With a Single Integration

Grow your business without adding cost or complexity

Contact Us to Learn More

Our Global Services

Rapyd
Collect

Remove the friction from accepting cross-border payments.

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Rapyd
Disburse

Meet the demands of your global sellers and Disburse payments quickly and securely.

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Rapyd
Wallet

Complement your marketplace experience with the white-label Rapyd Wallet.

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Rapyd
Issuing

Flexible payouts are possible with Rapyd Issuing, offer cards to your sellers.

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