Get latest articles and stories on Business at LatestLY. Bangalore (Karnataka) [India], November 30: Razorpay, India's Leading Omnichannel Payments and Banking Platform for Businesses has announced that it has received one of the most sought-after data security and compliance recognitions - 'Certification'. SOC 3 Compliance applies to any organization that stores sensitive customer data while processing online transactions, such as financial information, health records, or personally identifiable information. SOC 3 is a globally recognized and respected standard for managing and safeguarding sensitive customer data. Razorpay is the first fintech company in India to have achieved this compliance milestone. Business News | Razorpay Becomes the First Indian FinTech to Receive the Coveted Data Security and Compliance Certification, 'System and Organisation Control 3'.