Razorpay, Cashfree To Discontinue Partnership With Juspay

Razorpay and Cashfree are discontinuing their partnerships with Juspay in response to changing market dynamics and regulatory developments in the digital payment ecosystem. The decision comes after a reassessment of strategic priorities, including enhancing the payment experience and improving system security. Both companies are shifting towards strengthening their direct payment infrastructure and reducing reliance on third-party orchestrators. This move reflects the broader trend of increasing consolidation and specialization in India's payment gateway market. The change also aims to enhance control over transaction processes and customer experience for businesses and consumers.