Razorpay launches Vulcan: India's first transformer-based AI model for payments
ojasvi_yadav · x · 2026-08-18
Indian payment platform Razorpay has launched Vulcan, India's first transformer-based AI foundation model for payments. Trained on 4 billion payments and 3 trillion data points, the model aims to understand how money moves similar to how LLMs understand language.
Currently in beta across 51,000+ businesses, Vulcan has demonstrated significant results:
- 8–10% improvement in payment success rates
- 8x more international card fraud detected
- 5x more fraudulent or disputed transactions identified
- 100k–200k more purchases completed monthly via better checkout personalization
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