Answer: Razorpay
Notes: Global Payments technology major Mastercard and Fintech unicorn Razorpay have launched a platform named ‘Mandate HQ’. It is a secure recurring payment interface, that reduces the time for any card issuing bank to enable recurring payments for its customers. It will also businesses to get access to a large customer base, who use debit cards. The Reserve Bank of India (RBI) has recently issued a framework for processing of e-mandates on recurring online transactions.
