Cashfree, Razorpay drop third-party orchestrators; Juspay pushes back

Cashfree and Razorpay, two leading payment gateways, have decided to discontinue their partnerships with third-party orchestrators such as Juspay. The decision comes in light of increased regulatory scrutiny and the evolving landscape of digital payment systems. Both companies are focusing on enhancing their direct offerings to merchants and consumers without the reliance on third-party intermediaries. This move is expected to streamline operations, reduce complexity, and improve transaction security. It reflects the ongoing shift towards greater control over payment infrastructure in India’s rapidly expanding digital payments ecosystem.