In another first in the industry, Razorpay introduces BHIM Vega, built on the robust BHIM platform, in partnership with Axis Bank. BHIM Vega is an industry-first solution enabling a game-changing advancement in Razorpay’s Turbo UPI offering. Through BHIM Vega, Razorpay aims to tackle the major challenges associated with the current UPI Plugin, namely onboarding and transaction routing flows.
The newly launched solution leverages the vast reach and established infrastructure of the BHIM platform and offers a seamless experience for users already familiar with BHIM. It is the most technologically advanced plugin solution available on the market.
Smoother Onboarding
With over 27 million users onboarded, BHIM is a payments powerhouse. By integrating with BHIM, Razorpay is simplifying the onboarding journey—reducing steps, increasing success rates, and delivering a smoother, more seamless customer experience. Less friction means more successful transactions, hence extremely facilitative for businesses.
Read more about Razorpay's Entrance into Singapore at: Indian Fintech Giant Razorpay Enters Singapore, Bolstering Southeast Asia Growth
Enhanced Performance
The innovation functions on the NPCL infrastructure in direct connectivity. This ensures that the application delivers superior performance with reduced latency. This will enable you to make faster, more reliable transactions for your business. Overall, it will enable greater adoption of the application as it will contribute to a sense of efficiency in the process of transaction, coupled with trust.
Higher Availability
It features multi-bank routing on the acquiring side, offering greater flexibility and redundancy. This means improved transaction success rates and higher system availability, minimizing losses caused by payment failures.
Read what Dr RK Upadhyay, CEO of C-DoT, had to say about India's 6G journey at: India Poised to Lead 6G Race Through Remarkable Unified Effort of Academics, Industry, and the Government: Dr. R.K. Upadhyay at CI 2025
BHIM Vega on Turbo UPI represents a significant leap forward in the evolution of the UPI Plugin technology. It holds the potential to empower businesses. It enables them to offer a more seamless and reliable payment experience, ultimately driving growth and customer satisfaction.