The success rate for transactions processed through Razorpay’s payment gateway will depend on various factors such as the type of payment, the customer’s bank, and the overall health of the payment ecosystem.
In general, online transactions processed through Razorpay have a high success rate. They also have implemented various fraud prevention measures to ensure that transactions are secure.
However, certain factors such as network issues, incorrect information provided by the customer, and bank-specific issues can lead to failed transactions. These issues can be resolved by working with the customer to correct any inaccuracies in the information provided and by working with banks to resolve any issues on their end.
It’s also important to note that the success rate can vary depending on the type of transaction. For example, recurring payments have a higher success rate than one-time payments, and transactions made through UPI (Unified Payments Interface) have a higher success rate than transactions made through other methods.
It’s always best to check with Razorpay for the most up-to-date and accurate information on the success rate for transactions processed through their payment gateway.
Use Razorpay Fee Calculator – https://feecalculator.in/razorpay/
Razorpay Documentation – https://razorpay.com/docs