Razorpay

JULY 24, 2024

Identity Checks: Rigorous identity verification ensures the business’s legitimacy and minimizes fraud risks. Underwriting: Assess the business’s financial stability, creditworthiness, and risk profile. Some PSPs provide additional services like fraud detection, risk management, and reporting.

IT 40

IT Business Risk Assessment Risk Management 40

Razorpay

SEPTEMBER 12, 2024

Risk Management and Credit Scoring AI analyses various data points, including transaction history, spending patterns, and social behaviour, to generate accurate credit scores and perform risk assessments. Its instantaneous data processing will prove vital for risk analysis and credit underwriting.

Financial Institution 52

Financial Institution Business Securities IT 52

Razorpay

JANUARY 27, 2025

This categorisation enables smooth transaction processing, accurate reporting, and effective risk management. Different merchant categories have varying levels of risk and processing costs, resulting in different interchange rates. Interchange Fees: MCCs determine the interchange fees merchants pay for each transaction.

Financial Institution 40

Financial Institution Business Risk Management Retail 40