Available in🇮🇳 India
You can enable your customers to make payments to foreign universities towards fees payments such as admission, application, hostel, tuition, and travel (flight and hotel bookings) with our Outward Remittance solution.
Order and Payments States
Order States
Given below are the order states that an Outward Remittances transaction assumes:Payment States
Given below are the payment states that an Outward Remittances transaction assumes:
Given below is a diagram representing the relationship between order and payment states.
Refunds and Settlements
Refunds
- You should maintain a separate refund balance in order for Razorpay to process any refund or chargeback.
- In case the refund or chargeback balance is insufficient, Razorpay fails the request. You should recharge the account for the refund to get processed.
Settlements
The payment settlement will take T+2 working days (where T is the day of the transaction after which the payment is Captured.)Integration Steps
Feature RequestThis is an on-demand feature. Please raise a request with our Support team to get this feature activated on your Razorpay account.