Razorpay has partnered with global digital payments platform PayPal to facilitate international payments for small businesses and freelancers. It is planning to reach 10 million businesses by the end of this year.
The company's partner businesses can now integrate with PayPal and accept payments from international customers from across 200 markets in a convenient, fast and secure manner making life easy for freelancers and MSMEs. The company is witnessing a 40-45 percent month-on-month growth and currently powers payments for over 8 million businesses, including Facebook, Airtel, BookMyShow, and Ola.
"Partnering with a globally recognized organisation like PayPal...will allow us to further empower our partner businesses and open new growth avenues for them not just within India but internationally." said Amitabh Tewary, Chief Innovation Officer, Razorpay.