Razorpay (YC W15) offers Stripe-style payment experience in India

Post by shk » Mon, Mar 23, 2015, 6:56 PM UTC

akshxy wrote: post #90

zodvik wrote: post #30

Where can I try your payment experience? The TC article says you're live on Shifter, NanoWE & Zostel. But, Shifter doesn't seem to have an online payment option, Zostel redirects me to PayU and cannot find anything to buy on NanoWE.

Hi, this is Akshay, founder at NanoWE. Our marketplace is live at www.nanowe.com/demo but isn't open yet for buying products. We're using Stripe for the US customers and recently successfully tested and integrated Razorpay for the Indian customers. I'd recommend Razorpay as it eliminates the pain of too much paperwork - and of course their support is amazing, the team always goes a step ahead to help you onboard!

Post by shk » Wed, Mar 25, 2015, 6:59 PM UTC

karthiksrinivas wrote: post #92

how are you solving the 2 factor authentication by RBI ?

Post by harshilmathur » Sat, Mar 28, 2015, 7:51 PM UTC

ignoramous wrote: post #94

sudhirj wrote: post #88

Earlier quoted context omitted.

How will you reconcile recurring payments with 3D secure requirements?

One way to do that would be to monitor SMSes for 2FA codes. This can be easily done on Android and iOS. The app can run the payments flow in a phanthomjs esque environment and read off 2FA values from the SMS inbox, and bam! Payment done. Also, there are other options for authorizing recurring payments but at fixed amt, and paper work can't be avoided.

Post by shk » Mon, Mar 30, 2015, 6:27 PM UTC

ignoramous wrote: post #96

harshilmathur wrote: post #95

Earlier quoted context omitted.

Not every bank sends 2FA codes via SMS. For example my debit card with SBI has a static password that I need to put in for every payment

In that case, you could provide the user with a on-device one-click authenticate button (via notification/email, reminding her/him to approve the payment) that'd push the credentials out to your phantom-js instance. I am not sure what RBI complaince mandates, but one might be a strongbox.io away from implementing such a scheme server-side as well, if legal. A lot of care must go into securing such systems, no doubt.…

Post by ignoramous » Thu, Apr 02, 2015, 11:49 PM UTC

harshilmathur wrote: post #15

ignoramous wrote: post #7

Earlier quoted context omitted.

First up, congrats to you and Kumar. It takes a tremendous effort to tackle something like this in India. 0. How does your product compare against juspay.in and payzippy (which I believe has been discontinued)? 1. How much development do you plan to do open source? 2. Who have been your mentors? Merci.

0 - Payzippy was discontinued. And even so, their offerings were not much different from other gateways in the country. Juspay offers their integration on top of other gateways. Thus, it solves only part of the problem, since you still have to deal with tough onboarding process. 1 - We are very grateful of the open-source community and do plan to give back to it in whatever ways we can. Follow our github organisation…