Why Razorpay is So Popular

Razorpay is known for its innovative payment solutions that make transactions easier for businesses of all sizes. It offers features like instant activation, multi-currency, recurring payment, anti-fraud protection, and APIs developer-friendly. The company has also ventured into neobanking through RazorpayX and lending through Razorpay Capital, spanning liquidity needs for SMEs and streamlining financial workloads. Its simple dashboard reporting and payment links make it a favourite among businesses seeking simplified financial processes.

Supaboard.ai: Razorpay Data Export Simplified

Supaboard.ai is a powerful data analytics software that is designed to simplify data handling and analysis. For Razorpay businesses, Supaboard simplifies data export by connecting the payment gateway and extracting transaction history, customer information, and other statistics in real-time. Companies can connect their Razorpay accounts with Supaboard without requiring sophisticated coding or technical expertise.

Supaboard's no-code platform enables users to export their data within minutes and analyze it in real-time. The platform also supports seamless integration with multiple databases, making it easy for data from different sources to be integrated into a single system.

Razorpay Data Transformation using Supaboard's AI Analyst

Once data is pulled out from Razorpay, Supaboard's AI Analyst kicks in to offer actionable insights. Supaboard's AI Analyst allows users to interact with their data in English—ask them questions such as "What were my top-selling products last month?" or "Where did most of the sales happen?" The AI will auto-generate charts, tables, and metrics based on these questions.

Supaboard's AI Analyst does this:

• Releasing Hidden Insights: With transactional pattern analysis, revenue patterns, and customer behavior patterns, businesses can identify optimization areas.

• Increasing Productivity: Automated analysis gets rid of reporting time spent manually and dashboard preparation.

• Improving Decision Making: Real-time insights allow teams to make correct decisions in a timely fashion.

• Enhancing Co-operation: Fantastic dashboards can be made accessible to various teams so that the plans get synchronized and progress gets tracked effectively.
  
  

Case Studies Based on Real Life

Case 1: BookMyShow

BookMyShow uses the payment gateway provided by Razorpay to process tens of millions of transactions annually. Based on the payments, the company gained insights about peak booking times and proceeded to optimize ad campaigns using the same. The result was the 20% sales increase on peak-demand days.
Source: BookMyShow Case Study

Case Study 2: Airtel

Airtel uses Razorpay for billing against subscriptions. Facilitation of payment details withdrawal allowed Airtel to analyze the churn rates and implement focused programs of retention. It reduced the churn by 15% in six months.
Source: Airtel Case Study

Case Study 3: A Small Kirana Shop in Kashmir

A small Kashmiri shop implemented Razorpay's POS system in order to facilitate digital payments. Based on transaction trends analysis of exported data, the owner of the shop decided on best-selling items and adjusted the inventory. There was a 30% increase in monthly revenues.
Source: Kirana Shop Case Study

Case Study 4: Textile Exporter in Kanyakumari

A garment exporter made use of Razorpay's cross-border payment functionality. By looking at payment information in terms of currency, they optimized pricing models by geography. This increased export revenue by 25%.
Source: Textile Exporter Case Study

Conclusion

Razorpay provides businesses with strong capabilities to manage payments efficiently, but true strength lies in what can be gleaned by examining the large amounts of data that are generated through these transactions. Supaboard.ai makes it easy by enabling easy data export from Razorpay and delivering actionable insights via its AI Analyst. Big or small, your business will be able to tap into the strengths of Supaboard to simplify operations, enhance decision-making, and drive growth.

Start your journey to intelligent business analytics today—connect your Razorpay account to Supaboard.ai and discover the full potential of your data!