Available in🇮🇳 India
API Changelog
Discover new releases and updates regarding Razorpay APIs.
Payments Changelog
Discover new releases and updates regarding Razorpay Payments.
| Month-Year | Feature | Description |
|---|---|---|
| Mar 2026 | Account Validation enabled via Reverse Penny Drop | Validate bank accounts using the Reverse Penny Drop method, verifying the authenticity of both the account as well as the account holder. |
| Nov 2025 | Introduced RazorpayX Corporate Cards. | You can now avail RazorpayX Corporate Cards powered by RBL and Yes Bank to manage and segregate your business expenses in a controlled way. |
| Nov 2025 | Cashflow Insights enabled in RazorpayX Dashboard | You can now view the cashflow summary of your account(s) on your RazorpayX Dashboard using Insights. |
| Sept 2025 | Light Theme enabled in RazorpayX Dashboard. | You can now switch between Dark and Light themes for your Dashboard as per your choice. |
| June 2025 | Allowlisting IPs for Payout Links APIs | Allowlisting IP addresses is made mandatory for using the Payout Links APIs. |
| Mar 2025 | Smart Settlements | Introduced Smart Settlement, a sub-feature of Instant Settlements, which enables you to settle amounts upto ₹50 Cr instantly, as a single entry, using the RTGS channel. |
| Mar 2025 | Idempotency Key Made Mandatory | Idempotency Key has been made mandatory for all payouts, starting March 15, 2025. |
| Dec 2024 | Disengagement of ICICI as Partner Bank | The Partnership with ICICI for Current Account services has been closed. Existing RazorpayX customers maintaining Current Accounts with ICICI Bank will continue to receive services and support. |
| Dec 2024 | IDFC First Onboarded as Partner Bank | RazorpayX has partnered with IDFC First Bank to offer Current Account services to customers. You now have the option to open a Current Account with IDFC First through RazorpayX. |
| Dec 2024 | Payout Purpose Limit Increased | The maximum number of Payout Purposes that can be added has been increased from 200 to 400. |
| Oct 2024 | Petty Cash Removal | Petty Cash Budgeting feature in RazorpayX has been deprecated. |
| Aug 2024 | Bulk Import of Items | You can now import Items in bulk from your external tools or templates. |
| Aug 2024 | Bulk Import of Purchase Orders | You can now import Purchase Orders in bulk from your external tools or templates. |
| Aug 2024 | Create or Import Purchase Orders | You can now create or import Purchase orders and link them to vendors and payments. |
| Aug 2024 | Payouts Pro Self-Serve | You can now improve the success rates of transactions by setting multiple accounts for payouts using the dynamic Payouts Pro Multi-Bank Routing feature of RazorpayX. |
| Jul 2024 | Capital | B2B Checkout Financing is no longer available as a Razorpay offering. |
| Jul 2024 | Idempotency Header for Payouts API | Idempotency header is now mandatory for all Payouts APIs. |
| Jul 2024 | Payouts Downtime Alerts | You can now receive partner and beneficiary bank downtime alerts via email, SMS and webhooks. |
| Jun 2024 | Payouts Pro Widget | Payouts Pro Widget is now publicly available to users. Get AI-powered insights into Payout performance for previous 30 days. |
| May 2024 | Cost Centers | You can create cost centers to streamline your expenses by mapping them to individual functions or activities in your organisation. |
| May 2024 | Current Accounts on Axis Bank | RazorpayX is now offering Current Accounts in partnership with Axis Bank. |
| May 2024 | User Groups | You can create teams, departments or groups based on location and other custom categories. |
| Mar 2024 | Deprecation of GST | The GST feature on the RazorpayX Dashboard has been deprecated. |
| Feb 2024 | Multi-Branch Management | You can manage multiple business branches/locations and track the respective vendor payments from one RazorpayX account. |
| Feb 2024 | Composite Account Validation API | Introduced Composite Account Validation API to create contact, fund account and validate the bank account (using penny-drop/penniless) and VPA IDs of your customers, in a single API call. |