Razorpay payment

Reasons Why Razorpay payment is Right for You

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Razorpay is the only converged payments solution company in India that allows your business to accept, process, and disburse payments via its product suite. With Razorpay, you have access to all payment modes, including credit and debit cards, UPI, and popular mobile wallets.

The most crucial quality of a payments solution is the ability to scale itself to meet your growing demands. At Razorpay, we are devoted to making sure you have the best payments infrastructure in place.

 Suggested read: How We Evolved into India’s First Converged Payments Solution ]

Read on to see if you identify with these objectives.

#1 You want to easily add payments to your website or app, with a seamless checkout experience

Razorpay’s Payment Gateway is a system designed to handle end-to-end payments.

Have we told you how easy it is to integrate our Payment Gateway? You can go live in minutes, especially because our Payment Gateway is built for developers. The APIs, plugins, and libraries are very dev-friendly.

Razorpay’s Payment Gateway supports the most extensive set of payment modes. From domestic and international credit/debit cards to UPI and mobile wallets, we’ve got you covered. 

#2 You need a wide range of payment solutions and services to support your versatile business

How would you reduce periodic collection cost, increase monthly recurring revenue, reduce churn, and offer better user experience to your customers, all at the same time?

With a subscriptions model, of course! 

Offer your customers plans with automated recurring transactions on many payment modes.

With Razorpay’s Subscriptions, you can onboard subscribers from all around the world! Subscriptions also supports multiple billing models. Which means –

1. You can automate your fixed price recurring charges to your customer around a fixed schedule 
2. You have the flexibility to charge your customer based on number of users or quantity per billing cycle 
3. You can charge your customer only for what they consume in a billing cycle

 

Let’s say you’re dealing with a one-off use case where you wish to accept payments from your customers. Could be something like a workshop or even raising funds for charity. Would you build a whole new eco-system for this?

Nope!

Create a Razorpay Payment Link or a Payment Page and share with your customers via email, text message, or social media, without creating a separate integration!

With either one of Razorpay’s products, you get to accept payments from 100 currencies from all over the world!

#3 You want to target your efforts towards specific areas of your business based on data and insights

Decision making is a crucial aspect of any business. And, data plays a huge role in this process since it enables you to form business contingency, as you can predict future trends and optimize your current efforts.

Razorpay’s dashboard is the most comprehensive, data-driven, and an analytical dashboard that serves your purpose. 

The dashboard helps you evaluate real-time data and draw insights from the extensive reports, so you make better and informed business decisions.

Get Started With Razorpay

#4 You want to manage and track money movements to vendors, customers, employees, and more

We understand traditional payments and disbursals can be a pain. With traditional banking, you end up spending many hours of manual labor every month because of multiple buggy software and complex infra systems. 

Money movement views can also be super tricky because of complexity. Oh, and let’s not forget that you’ll receive no insight on payouts to make impactful business decisions.  

Not anymore.

With RazorpayX, you get to simplify, accelerate, and supercharge every aspect of your financial operations! From accepting payments and managing cash flow to reconciling transactions and flexible payouts.

You end up saving 10x time because of instant payouts with reduced manual effort, also providing a superior customer experience.

RazorpayX provides you with a unified platform that helps you make, control, track, and analyze all forms of money movement from its powerful dashboard.

You can also manage and track money movement to vendors, customers, employees, etc. through the in-depth Financial CRM.

The result, you ask?

You make informed, impactful business decisions with off-the-shelf analysis on payouts mode!

Say bye bye to traditional banking with RazorpayX!

#5 You leave no stone unturned when it comes to providing your customers with the best support there is

As your business grows to see new heights, you are definitely in need of highly responsive customer service. What good is a product if the customer support is slouchy?

Your customers’ problems are our problems.

With Razorpay’s remarkable Customer Support, you don’t have to worry about clarifying any payments related setbacks to your customers. We’ll solve all problems for you, and in turn, help you serve your customers better.

Your customers spend less time on hold and have their problems solved at lightning speed.  

Our Customer Support offers live support for you and your customers. And, by that, we mean real people and not bots. 

#6 You want to open up new revenue streams by expanding your business on a global scale

With Razorpay’s International Payments, you get to open an entirely new channel of acquisition and grow your business to a whole new level! 

We understand payments more than anyone, and it only makes sense that we support you when you take your business to the world. 

Give your business state-of-the-art payments infrastructure with Razorpay’s International Payments. 

With over 100 currencies supported on the platform, experience seamless payments from any part of the world with real-time currency conversion!

You can integrate the Payment Gateway in minutes or give your international customers, subscription plans with automated recurring transactions.

You can share payment links via text messages, email, and more or create custom-branded Payment Pages to accept international payments online.

You can also send your global customers invoices that are GST complaint, with item-level details and accept payments through the many many payment modes we support!

#7 You want highly reliable fraud prevention and security

We understand that most people have different security concerns while making online transactions. It’s hard-earned money, after all. With so many people making purchases online, there is a growing need to make sure that all the information they enter is safeguarded.

And, we are highly motivated to provide robust security, so this sensitive info doesn’t fall into the wrong hands. This is where Payments Compliance comes to the picture. 

Created, mandated and registered by the branded cards and Payment Card Industry Security Standards Council (PCI SSC), the Payment Card Industry Data Security Standard (PCI DSS) is the set of rules that makes sure that every transaction is safe and no data is lost.

All of Razorpay’s products are secured by an industry-standard 100% PCI DSS compliant and certified solution.

So, did you nod your way through thinking “yes, I need that!”? Then, get started with Razorpay now!

Get Started With Razorpay

RazorpayX Current Account and Razorpay X Corporate Credit Card

  

Top 10 Benefits of a RazorpayX Corporate Credit Card Program for Startups 

  Today, corporate credit cards have become an indispensable part of the startup ecosystem. They aim to solve one of the biggest challenges businesses face, which is cash flow management.   

“Despite the fact that cash is the lifeblood of a business – the fuel that keeps the engine running – most business owners don’t truly have a handle on their cash flow,” says Philip Campbell, a former CFO, CPA and author of Never Run Out of Cash. “Poor cash-flow management is causing more business failures today than ever before.”   

But a RazorpayX Corporate Credit Card is the perfect solution to cash flow management.  

If you don’t have a Razorpay X Corporate Credit Card for your startup yet, we’re going to tell you why it’s a good idea to get one. Read on.  

Apply for Corporate credit card

What is a RazorpayX Corporate Credit Card?   

RazorpayX Corporate Credit Card is a type of business credit card for startups and entrepreneurs. It is powered by a scheduled bank, SBM India, one of the biggest banks in APAC.   

RazorpayX Corporate Cards are issued on the basis of business performance and potential instead of fixed deposits or security collateral. The corporate card also integrates with the Razorpay Payment Gateway and RazorpayX Banking Hub to make your repayments and usage easier with better visibility all around.  Apply for Corporate credit card  Benefits of a RazorpayX Corporate Credit Card   A corporate credit card can offer a number of benefits for businesses, including:  

1. Dynamic credit limits    Many entrepreneurs use personal credit cards for making business purchases. Personal cards have limited credit limits. What often follows is the usage of multiple personal cards and reimbursement nightmares to just keep things running. This is why we designed the credit limits on RazorpayX Corporate Cards to be dynamic.  Dynamic credit limits scale with businesses and provide a buffer by keeping limits up to two times the regular usage.   

2. No personal liability   Every business owner understands that business transactions can get tricky, mainly due to the high transaction value involved. Later, when such a situation arises – using your personal credit card risks your personal credit limit. However, a corporate credit card has no liabilities on the individual.  

3. Payments for all business needs   Some businesses that continue using net banking and debit cards for running ads, paying for online subscriptions, AWS, etc., often face the reality of failed transactions. They have to manually ensure payments for such services integral to their businesses.   RazorpayX Corporate Cards are universally accepted Visa cards, so businesses don’t have to think twice about setting up recurring payments to subscribe to a service or make an international payment.   

4. Greater visibility into your billed & unbilled transactions with a smart dashboard   If a startup wants to stop all payments from their credit card to balance the budget, it is as easy as a simple toggle from the RazorpayX dashboard. The RazorpayX Corporate Card dashboard takes care of visibility with nuanced reporting and the ability to set limits on cards, users and types of expenses.  

5. Ability to set limits for teams and toggle cards on or off with a click of a button   As a business, you have complete control and visibility over all business expenses. You can set an upper limit on funds that can be used by your employee. This helps you manage your expenses really well. And, you don’t have to worry about making reimbursements to your employee later on.  

6. Option of automatic repayment from your customer payments   With RazorpayX Corporate Cards, you get greater visibility of expenses made by your employee when they use one. Not just this, you can also offer an option to enable automatic repayment from your customers.   

7. Stunning design with a personal approach    RazorpayX is levelling the field for all businesses and that includes the attention to detail that every business receives.  We have designed every RazorpayX Corporate Card to be not just smarter than an average card but also to carry the logo of businesses in all their glory. The application process is also very simple.   

8. Add-on cards for team members    Startup founders can get custom Add-on Cards tailored to different roles of their team members, right from the Razorpay dashboard. Add-on Cards are pre-loaded with a specific amount or credit line. This makes these cards such valuable assets for businesses and are less risky to hand out to your employees.  These cards essentially contain the same features as the RazorpayX Corporate Card and can be only availed by the primary cardholder for other team members.  

9. Rewards and cashback   This is another benefit of using a RazorpayX Corporate Credit Card. You can earn cashback and business rewards for any expenditure made using the card. So, you can save money on your corporate expenses while using the corporate card facility.  

10. Easy application process   Upon applying online, founders can get their virtual cards instantly and physical cards in 3-5 working days. No complicated paperwork and instant approval, because startups should not be kept waiting!  

Apply for Corporate credit card