Skip to main content
Available in🇮🇳 India

​
Common

​
Corporate Credit Card

If you are already eligible, you can apply for RazorpayX Corporate Card. We evaluate your credit bureau reports and your business bank statements.A high credit score is not necessary to avail a RazorpayX Corporate Card. Your business performance on Razorpay or RazorpayX products is the most important factor.
You can check the status of your application on the RazorpayX Dashboard after completing the first two steps. Those include:
  • Finishing a credit bureau check.
  • Uploading your bank statements’ PDFs using the perfios portal.
If your application is still under review for more than a day, you can raise a support request, and check your email for any clarifications needed from our representative.
Yes. In compliance with our credit and partners policy, we need your bank statements to evaluate the additional credit lines we can give after assessing your business health.
You can safely upload your details via perfios portal or upload pdfs on the Corporate cards portal.
Check again if you have entered the correct mobile number registered with the credit bureau.If you still face any issue, you can raise a support request with the Support Team. We can resolve it, or arrange for an alternative to help you complete your application at the earliest.
There are various reasons for which you may be rejected for a RazorpayX Corporate Card, and we are continuously evaluating our policies to give cards to more and many legitimate businesses.We request you to reapply for a Corporate Card after 3 months.
You can get Add-On Cards for your team members right from your RazorpayX Dashboard.
Your credit limit increases or decreases automatically every month (generally in the first or second week) in line with your business performance, card usage and timely repayment behaviour.We send you a confirmation mail to get your consent to increase the limit. You can contact support for further query resolution.
You can change your current settings easily in autopay settings. You can change the window or dates of repayment from the settlement balance of the payment gateway or disable it altogether.If you choose to disable the auto-repayment option, remember to pay your bill manually through the Pay Now button on your RazorpayX Dashboard.
You can pay your bill manually through the Pay Now button on your RazorpayX Dashboard.
You can load your card upfront or and prepay/repay before the bill is generated to increase your spending limit beyond your credit limit. Please use the Pay More or Pay Now button to do this.
Factors that can naturally increase your credit limit include
  • Increasing volume of payments on Razorpay payment gateway.
  • Continuous usage of your card for at least three months.
  • Timely repayments of your generated bill.
You can continue to use 100% of your credit limit. Then repay it before the bill is generated or pre-pay/load the card upfront to increase your spending limit.

​
Instant Settlements

With Razorpay Capital, you have the flexibility to pick and choose how quick and early you want your settlements to be, based on your business needs.
  • Instant settlements were previously called On-demand Instant Settlements. Razorpay processes these settlements within 10 seconds of capturing the payment. You can choose the amount required to settle instantly for a small fee.
  • Same-day scheduled settlements are settled with a T+0 cycle at specific hours of the day by Razorpay.
Know more about Instant Settlements.
  • For transactions successfully completed on any day between 09:00 hours to 16:59 hours, subject to the funds being captured during any bank working day, the settlements shall be initiated to the Merchant at 17:00 hours on the same bank working day.
  • For transactions successfully completed on any day between 17:00 pm hrs to 09:59 am (next day), subject to the funds being captured during any bank working day, the settlements shall be initiated to the Merchant at 09:00 am on the same bank working day.
Same-day settlements are the same as regular settlements, except that they are settled at T+0. You can find these settlements in the settlement report and the combined report on the payment gateway Dashboard.On-Demand Instant settlements are non-recurring payouts from your settlement balance. So such settlements appear as payouts in settlement reports, combined reports and also in the on-demand payouts on the Razorpay Dashboard.
Any transactions captured after enabling the Schedule Same-day Settlement are settled as per the Early Settlement schedule. However, any transaction captured before that and not settled yet are settled as per the merchant’s previous settlement schedule.
You become eligible for unlimited Instant Settlements and Scheduled Same-day Settlements (both T+0 cycle) after 50 days of being active on the Payment Gateway. You should continue to use Razorpay for domestic payments and make sure your refund and dispute rates are low. We send you an email to confirm once you are eligible.Watch this video about Availing Instant & Same day Settlements with Razorpay (Website) if you are already eligible.
Only Instant Settlements are available from day 1 for most businesses with some exceptions and limits.To avail settling unlimited amounts through both instant and same-day settlements, you must have been consistently using the Dashboard in the first 50 days.
By being active on the Payment Gateway for 50+ days, you can avail unlimited Instant Settlements. Ensure your refund and dispute rates are low and continue using Razorpay for domestic payments. We send you an email once your settlement limits become unlimited.
Instant settlements are activated upon demand, and are activated within a day of you raising the request to enable it.
Scheduled Same-day Settlement charges are deducted from your Free Credits (if you have any). Otherwise, they are deducted from the settlement amount itself.For Instant Settlements, charges are deducted directly from the settlement amount.
Yes, you can switch back to your old settlement schedule by raising a support ticket through a chatbot.
There are no special flags to show if a payment was settled early or not. You can choose to check the payment initiated timings and settled timings for further information.