Razorpay debuts its newest innovation RazorpayX DuplicateShield which prevents businesses from making duplicate payments through an AI-powered solution. Every payment that is processed in Razorpay goes through real-time verification in RazorpayX DuplicateShield to ensure that every payout happens only once—unless intended. RazorpayX DuplicateShield is yet another milestone by AI in making processes sound, efficient, and most importantly, business-oriented! 

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Duplicate payouts can quietly drain business funds, disrupt cash flow, and lead to unnecessary reconciliation errors. Razorpay’s recent innovation is a one-stop solution to address all these solutions. The solution by Razorpay analyses past transactions to detect unusual payout patterns. If a potential duplicate is identified, the system flags it in real time, preventing unintended debits.

RazorpayX Duplicate Shield: Instant Alerts 

The solution by Razorpay offers actionable alerts as a proactive solution to prevent duplicate payments. Before any duplicate payout, businesses receive an instant alert that enables them to either cancel or approve the transaction based on the true intent.

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Finally, the latest innovation protects a business from getting their funds drained and efforts wasted in some error caused by system errors or delayed processes.