Razorpay launches Vulcan

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A transformer-based model trained on nearly 3 trillion data points across 4 billion payments aims to improve payment reliability, fraud detection and transaction routing

Razorpay today announced the launch of Razorpay Vulcan, a transformer-based AI foundation model designed specifically for payments. Built using technology from NVIDIA and AWS, the model is designed to improve payment success rates, fraud detection, risk assessment and checkout experiences across India’s digital payments ecosystem.

Razorpay said the model has been trained on approximately 3 trillion data points across 4 billion payments, with around 3,000 signals analysed per transaction. The company said the model is designed as a shared intelligence layer across multiple payment functions rather than as separate models for routing, fraud, risk and checkout.

The development comes as India’s digital payments ecosystem continues to expand across UPI, cards, net banking, wallets and other payment methods. Razorpay said its internal study covering 1.5 million shoppers...

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