What is Razorpay? How to create account in Razorpay – If you are a businessman then you must know what is razorpay? How to use it? Because today almost all businessmen use Razorpay app. In this article, full details of Razorpay app are given in Hindi.
What is Razorpay?
Razorpay is an excellent payment gateway with the help of which you can easily transact money with any customer.
If you have a website or app then you can use this payment gateway to receive payments.
Using RazorPay you can send payments to your employees & vendors. Big companies like Airtel, Zomoto, Aditya Birla, BookmyShow & Groww use it for payment.
In this, almost all payment methods are given for payment, through which you can easily accept payment, apart from this you can also earn money from it.
What is Razorpay App Features
Many amazing features are provided in this app which helps you a lot in transactions related to your business.
- You can use this app in your local language. This app can also be used in other languages including Hindi.
- More than 100 payment modes are available in Razorpay app. Like – UPI, Domestic and International Credit and Debit cards, Mobile wallets, Netbanking etc.
- On Razorpay app, you can easily accept payment sent by any other payment app.
- You get 24×7 help support on this app. That is, if you are facing any inconvenience in using the app, then you can immediately talk to the customer care officer through email or phone call.
- With the help of this application, you can find out the details of the transaction in detail like – till where the payment has been made, at what time it has reached etc.
- Razorpay App has such a feature, with the help of which you can solve the issue of Payment Refund in just one click. There is no setup or maintenance fees for using this app.
- On this app, you can easily generate a payment link and share it with the customer, with the help of which the customer will be able to pay you.
What is the eligibility requirement to create ID on Razorpay App?
Razor Pay app is mainly designed keeping business in mind, so all such people who earn money by doing business and do money transactions with customers are eligible to create ID on Razorpay app.
According to the official website of Razorpay, people associated with the following types of business can create an account in Razorpay –
- Startup investors and VC’s
- Social media influencers
- Freelancers
- Evangelist
- ERP vendors
- Web developers
- SasS providers
How to download Razorpay App ?
To download Razor Pay app, go to Google Play Store or app store search box of your mobile and search Razorpay there.
As soon as you search, you will find ‘Razorpay payments for Business’ app at the first place. Download it by clicking on the install button there.
How to create an account on Razorpay App?
Creating an account in Razorpay app is very easy, you can create an account in Razorpay by following the steps given below. Follow the following steps to create an account
1. Click on the link – Click Here then fill your email ID and click on Next or click on Signup with Google
2. After this, enter your desired password and click on Create account. Later this password will be useful to you while logging into the app.
3. After clicking on Create account, a new page will open in front of you. Enter your business type there. If your business is not officially registered, click on unregistered and next.
4. On the next page fill your name and mobile number and click on Next. After this a verification code will be sent to your email id. Enter the code received on the email ID in the App.
5. After the code is verified, you will reach your Razorpay dashboard. Now from here click on activate your account. After this again enter your business type and business category.
6. After this, if there is any website related to your business, then enter its link. If there is no website then click on we do not have either and save & next.
7. After this you fill your PAN Card Number, Name, Billing label and Address and click on Submit and verify.
Note – Enter the name of your business or company in the Billing label. Now your Razorpay account is ready.
After following all the steps till now, the message of Congratulations will appear and your account will become eligible to receive payment up to Rs 15000.
Note – Enter the name of your business or company in the Billing label. Now your Razorpay account is ready.
After following all the steps till now, the message of Congratulations will appear and your account will become eligible to receive payment up to Rs 15000.
How to make Razorpay Account KYC?
If you do not do KYC on Razorpay then you will not be able to transfer your money to the bank. Follow the steps given below to do Razorpay KYC.
1. Click on Complete KYC, after this the option to fill bank details will appear.
2. Fill Bank Account Name, IFSC Code, Account Number then click on Save & Next
3. Upload photo or PDF of Aadhar Card or Voter ID or Passport in Address Proof.
4. Click on Submit Form then check the box of I Have Read and click on Submit Form
After following all these steps, your account will go under review and your account will be activated in about 3 to 4 days.
How to earn money from Razorpay app ?
To earn money from Razorpay app, you join Razorpay Partner program. There are 3 types of Razer Pay Partner Programs available –
Reseller
Under Reseller program, you will have to refer Razorpay app to those people who are doing any business but have not yet created ID on Razor Pay.
If someone creates a businessman ID with your referral link, then you can get a bonus of up to Rs 500. Apart from this, whenever that person does any transaction, you will continue to get 0.1% commission of his transaction for the whole life.
Aggregator Partner
By becoming an Aggregator Partner on Razorpay, you can manage your client’s accounts. You can also earn referral bonus by becoming an Aggregator Partner. If you complete the process of Partner Auth then you can earn commission on every transaction from here also.
Platform Partner
Once you become a Razor Pay Platform Partner, you can give your Razor Pay account to clients to use. You will get 0.1% commission on every transaction a client makes using your account.
For this you will have to process Razorpay OAuth. By becoming a Platform Partner, you can earn commission on every transaction of the client for the whole life.
Last word – I hope you have understood all the information about Razorpay very well and you must have understood what is razorpay? How to use it?
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