Fintechs Switch To Direct Merchant Integration, Discontinue With Juspay
4 Articles
4 Articles
Cashfree and Razorpay Terminate Partnership with Juspay
Payment aggregators Razorpay and Cashfree also intend to end all third-party collaborations and integrations with payment orchestration systems like Juspay in response to PhonePe's lawsuit. Cashfree intends to stop using third-party routers and orchestrators for integrations. According to a statement from a Cashfree Payments representative, the brand can expedite feature release and provide better support and merchant experience by providing dir…
Razorpay, Cashfree To Discontinue Partnership With Juspay
Following PhonePe’s suit, payment aggregators Razorpay and Cashfree also plan to discontinue all third-party partnerships and integrations with payment orchestration platforms such as Juspay. “We plan to transition away from integrations via third-party routers and orchestrators. By offering direct integration, we can accelerate the delivery of features and offer superior support and merchant experience,” a Cashfree Payments spokesperson said in…
After PhonePe, Razorpay and Cashfree suspend integrations with Juspay
In a strategic move, leading payment aggregators Razorpay and Cashfree have decided to discontinue their partnership with payment orchestration platform Juspay, This decision follows PhonePe's move to sever ties with Juspay in December 2024, as reported exclusively by Entrackr. Last month, Entrackr’s sources also revealed that several payment gateway companies were considering moving away from the orchestration platform, though Juspay dismissed …
Fintechs Switch To Direct Merchant Integration, Discontinue With Juspay
Fintech companies are switching from third-party routers and payment orchestration platforms and choosing to focus on direct integration with their merchant base. In the recent past, PhonePe discounted its partnership with payment orchestration platform Juspay as it decided to directly integrate its payment solutions. Juspay holds a majority market share in the payment orchestration platforms space and has been a service provider to multiple fin…
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