Razorpay Vulcan

Razorpay Vulcan

Category: Science & Technology / Artificial Intelligence / FinTech

• Razorpay launched Razorpay Vulcan.

• Described as India's first AI-powered payments foundation model.

• Developed using technology from:

  • NVIDIA

  • Amazon Web Services

• Designed to address:

  • Payment failures

  • Fraud

  • Transaction routing

  • Checkout friction

• Trained on nearly 3 trillion data points across 4 billion payments.

• Reported improvements:

  • Payment success rates by up to 10%

  • International card fraud detection/prevention by 8 times

  • Identification of fraudulent/disputed transactions by 5 times

Key Pointer: Vulcan → AI foundation model for payments.