Signing up with RazorPay if free, with Zero up-front and annual maintenance fee. You need to provide some basic information about your business and complete KYC to complete your account setup. Click here to signup.
Generate API Keys from RazorPay dashboard and save on Runtime integration page for one-click payment processing from Runtime to your employee's bank accounts. Learn more
Provision the total payable amount and initiate the transfer to all or selected employees' bank accounts.
You can hold salary for one or more selected employees or adjust the payable amount.
Release the payments once all payout entries are reviewed. This will send the payments to RazorPay for further processing.
Make sure your RazorPay virtual or current account is funded with total amount payable to process the payouts. You can fund your RazorPay account by initiating an IMPS/NEFT/RTGS transaction from your business account to your RazorPay account.