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What is RAZORPAY?
Razorpay is a third-party application used to authorize and verify payments made to an online retailer. When you use an electronic medium such as credit cards, debit cards, net banking, or UPI to transfer funds, the retailer or seller uses Razorpay to securely verify and authorize the payments to their bank account. Various vendors provide this service, typically charging a nominal fee per transaction.
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