RazorpayX Payouts
RazorpayX Payouts lets businesses send payments to customers, vendors, partners, and employees through an API or dashboard.
What RazorpayX Payouts is
RazorpayX Payouts lets businesses send payments to customers, vendors, partners, and employees through an API or dashboard. Transfer options include UPI, IMPS, NEFT, and RTGS for accounts issued by Indian banks. Businesses can upload hundreds of payouts at once, schedule them through the dashboard or API, and set configurable approval workflows with permission controls. Payouts that exceed the available balance wait in a queue until funds are added. The dashboard also lets users search, view, and act on financial transactions, with real-time transaction data and spending insights. RazorpayX says users can send refunds, bill payments, and reimbursements directly to credit cards from within an app. The product page names e-commerce, online gaming, and financial services among its use cases. Fees are ₹ 4 per transaction for IMPS/UPI transfers below ₹1000, ₹ 5 for NEFT/RTGS transfers, ₹ 6 for IMPS/UPI transfers between ₹1000 - ₹25,000, and ₹ 9 for IMPS/UPI transfers above ₹25,000; GST applies to the fee. RazorpayX itself is not a bank and does not hold a banking license.
Good
- Supports API and dashboard payouts.
- Allows bulk uploads and scheduled payouts.
- Configurable approval workflows include permission controls.
- Provides real-time transaction data and spending insights.
- Describes 24X7 support.
Watch out
- No free plan is listed.
- Transfer options are for accounts issued by Indian banks.
- Fees vary by transfer method and amount.
- RazorpayX is not a bank.
Who it suits
RazorpayX Payouts suits businesses disbursing money to customers, vendors, partners, or employees, including those in e-commerce, online gaming, and financial services. Its listed transfer methods are for accounts issued by Indian banks.
Verdict
RazorpayX Payouts combines transfer options, bulk and scheduled disbursements, and approval controls. Check the listed per-transaction fee for the relevant transfer type; GST applies to fees.
Plans and prices
From RazorpayX Payouts's own pricing page, checked 15 Oct 2026.
| Plan | Price | What it gives you |
|---|---|---|
| IMPS/UPI under ₹1,000 | ₹4, paid once | IMPS/UPI transfers below ₹1,000 · GST applicable · per transaction |
| IMPS/UPI transfers below ₹1000 | ₹4, paid once | IMPS/UPI transfers below ₹1000 · GST as applicable on fee · ₹ 4 per transaction |
| NEFT/RTGS transfers | ₹5, paid once | All NEFT/RTGS transfers · GST as applicable on fee · ₹ 5 per transaction |
| NEFT/RTGS | ₹5, paid once | All NEFT/RTGS transfers · GST applicable · per transaction |
| IMPS/UPI transfers between ₹1000 - ₹25,000 | ₹6, paid once | IMPS/UPI transfers between ₹1000 - ₹25,000 · GST as applicable on fee · ₹ 6 per transaction |
| IMPS/UPI ₹1,000–₹25,000 | ₹6, paid once | IMPS/UPI transfers between ₹1,000 and ₹25,000 · GST applicable · per transaction |
| IMPS/UPI transfers above ₹25,000 | ₹9, paid once | IMPS/UPI transfers above ₹25,000 · GST as applicable on fee · ₹ 9 per transaction |
| IMPS/UPI above ₹25,000 | ₹9, paid once | IMPS/UPI transfers above ₹25,000 · GST applicable · per transaction |
The facts
Each one read from RazorpayX Payouts's own pages, with the date it was checked.
What it does
- Accounting integrations
- RazorpayX connects with Tally and Zoho Books, synchronizing vendor payments and bank statements; the page also mentions QuickBooks elsewhere.checked 15 Oct 2026
- Analytics
- The dashboard provides real-time transaction data and insights on spending.checked 4 Oct 2026
- API documentation
- Public documentation covers contacts, fund accounts, payout creation, payout modes, test mode and payout status operations.checked 15 Oct 2026
- Authentication
- The .NET SDK uses a dashboard key ID and key secret to authenticate API clients.checked 15 Oct 2026
- Banking-provider limitation
- Razorpay states that RazorpayX itself is not a bank; current accounts and cards are provided by RBI-licensed partner banks.checked 15 Oct 2026
- Banking status
- Razorpay states that RazorpayX itself is not a bank and does not hold a banking license.checked 4 Oct 2026
- Bulk payouts
- Users can upload hundreds of payouts in one batch for processing.checked 15 Oct 2026
- Card payouts
- The service supports payouts directly to credit cards for refunds, bill payments and reimbursements.checked 15 Oct 2026
- Financial CRM
- A financial CRM view lets teams search, inspect and act on transactions.checked 15 Oct 2026
- Funding news
- Razorpay announced a $375 million Series F on December 20, 2021, taking total investment to about $740 million and valuation to $7.5 billion.checked 15 Oct 2026
- Intended users
- The product page names e-commerce, online gaming, and financial services among its use cases, and describes payouts to customers, vendors, partners, and employees.checked 4 Oct 2026
- Licence and hosting
- RazorpayX is presented as a hosted dashboard/API service, and its product documentation does not provide an open-source licence or self-hosting package.checked 15 Oct 2026
- Limit: customer support
- Trustpilot reviews repeatedly complain about slow or ineffective support, unresolved tickets and generic responses.checked 15 Oct 2026
- Limit: issue visibility
- A Capterra reviewer says key diagnostic information is not visible in the interface, while customer service scores 3.1/5.checked 15 Oct 2026
- Limit: mobile login
- App Store reviewers report that credentials working in the browser sometimes fail in the mobile app and that support responses can take hours.checked 15 Oct 2026
Where it runs
- Android listing
- Google Play lists the RazorpayX app with at least 100,000 downloads and says data is encrypted in transit, with personal information and photos/videos among possible collected data.checked 15 Oct 2026
- Approval controls
- The dashboard supports configurable approval workflows with advanced permission control.checked 4 Oct 2026
- Approval workflow
- Dashboard workflows provide permission controls and payout approval processes.checked 15 Oct 2026
- iOS requirements
- The iPhone app requires iOS 12 or later; Mac use requires macOS 11 or later with an Apple M1 chip or newer.checked 15 Oct 2026
The company
- Company
- Razorpay's About page says it was founded by IIT Roorkee alumni and lists its headquarters in Bangalore.checked 4 Oct 2026
- Company founding and headquarters
- Razorpay was started in 2014 by IIT Roorkee alumni Harshil Mathur and Shashank Kumar and lists Bangalore, Karnataka as headquarters.checked 15 Oct 2026
- Company size
- LinkedIn places Razorpay in the 1,001–5,000 employee range and displays more than 4,000 employees.checked 15 Oct 2026
- Founded
- 2014checked 28 Sep 2026
- Headquarters
- Bangalore, Karnataka, Indiachecked 28 Sep 2026
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