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Razorpay taps B2B payments

Tuesday 11 April 2017 | 11:12 AM CET

Fintech company Razorpay is keen on exploring verticals like oil and gas, logistics and education for smoothening the process of business-to-business payments by September 2018.

Razorpay`s online payment gateway allows Indian businesses to collect payments online through credit/debit cards, net banking and wallets like JioMoney, Airtel Money, FreeCharge and others.

Keen to focus on "unexplored territories" like B2B payments, Razorpay is looking at onboarding top 50 companies from verticals like oil and gas, logistics and education.

Apart from startups and e-commerce, the fintech company is seeing a lot of thrust coming from the OTA segment (travel agents) and is also getting into the aviation segment.

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