Hey Razorpay team. Big congrats on the launch :) I had a question on competition in the market. Many posts here have highlighted big players like PayU, CCAvenue and small merchants focused players like Instamojo, Gumroad.

Recently, HDFC announced new strategy around cards to be accepted by small players (http://timesofindia.indiatimes.com/business/india-business/H...). Do you think this will affect you especially in terms of the transaction fees?