Regional processor
Razorpay
Payment gateway for India, with Malaysia, Singapore and the US
96%
of the world’s people live in the 165 countries where Razorpay onboards local businesses.
Designed for
Businesses registered in India that need local methods such as UPI and netbanking, and foreign businesses that want to sell to Indian customers without an Indian entity.
Limitations
Full service is limited to India, Malaysia, Singapore and the US, and products differ sharply by market; most platform and banking features are India-only.
What it offers
Payment gateway, payment links, payment pages, subscriptions, QR codes and POS. In India it supports cards, netbanking, UPI, wallets, EMI and Pay Later; Malaysia (Curlec) adds FPX, DuitNow and others; Singapore and US offer cards, wallets, PayNow (SG) and ACH (US). Non-Indian businesses can also collect from Indian customers.
Only for businesses in IN, MY, SG, US.
RazorpayX payouts to contacts in India via IMPS, RTGS, NEFT or UPI from a RazorpayX current account; also vendor and salary payouts. Razorpay Curlec in Malaysia also lists payouts. Cross-border payouts are not documented as a general product.
Only for businesses in IN, MY.
medium confidence
RazorpayX current accounts for Indian businesses, provided by partner banks (ICICI, RBL, Yes Bank); RazorpayX is not a bank.
Only for businesses in IN.
RazorpayX Corporate Card (Visa corporate credit card issued by RBI-licensed partner banks) for Indian businesses.
Only for businesses in IN.
medium confidence
Not offered.
Not offered.
Deeper review
Platform and product capabilities
What you can build on Razorpay: for other businesses, for your users, for consumers and with stablecoins.
Platform & marketplace
Run payments for other businesses: sign them up, take a cut, pay them out.
Partners can onboard sub-merchants through APIs, with sub-merchants completing KYC on the partner's platform.
Route splits incoming payments among linked accounts. Since RBI's September 2025 rules, Route requires minimum turnover (over INR 40 lakh domestic or INR 5 lakh export) and a payer-payee transparency declaration.
Merchant Onboarding UI: pre-built, brand-configurable components for onboarding sub-merchants (on request); Embedded Payments for platforms.
RazorpayX payouts to bank accounts and UPI IDs in India (IMPS/RTGS/NEFT/UPI). Domestic Indian payouts only in the docs checked.
Embedded finance for your users
Give your users financial products under your brand.
Not found in public materials (provider's own pages checked). RazorpayX current accounts are for the merchant itself, not for its users.
low confidence
Not found in public materials (provider's own pages checked). The RazorpayX Corporate Card is for the merchant's own spending.
low confidence
Razorpay Capital runs an invite-only partner programme in which B2B businesses can refer their customers to Razorpay's Line of Credit. This is a referral, not an embedded lending API.
medium confidence
Consumer apps
Build for individuals, not just businesses, the way Bridge allows.
Not found in public materials (provider's own pages checked).
low confidence
Razorpay's White Label Wallet (closed wallets for your customers) was discontinued in April 2023 and takes no new users.
Not found in public materials (provider's own pages checked).
low confidence
Stablecoins
Dollar-backed tokens as a payment and treasury rail.
Not found in public materials (provider's own pages checked). Razorpay's India terms bar merchants from crypto activity.
low confidence
Not found in public materials (provider's own pages checked).
low confidence
Not found in public materials (provider's own pages checked).
low confidence
Not found in public materials (provider's own pages checked).
low confidence
AI agents
Build with AI tools, and let AI agents shop and pay.
Official Razorpay MCP Server, hosted (remote) or self-hosted via Docker, with 35+ tools covering payments, orders, links, refunds, settlements and payouts.
Razorpay Agentic Payments: in-app agentic checkout (live in beta), voice payments and in-chat purchases on LLM platforms.
medium confidence
UPI Reserve Pay (live) lets AI agents pay within pre-approved spending limits. It is a UPI mandate, not a card.
medium confidence
Where it onboards businesses
Available in 4 of the 170 countries we track, limited in 161.
Razorpay serves businesses in India, Malaysia (as Razorpay Curlec), Singapore (technical services, with Airwallex as the licensed provider) and the US. Businesses elsewhere can ask to collect only from Indian customers, settled abroad.
Medium confidence: compiled from public sources, not yet checked line by line. Spotted a wrong country? Report it on that country’s page.
North America · 1
Asia-Pacific · 3
North America · 1
Latin America · 25
Europe · 41
Middle East · 13
Africa · 49
Asia-Pacific · 32
Razorpay: common questions
Which countries does Razorpay support?
Razorpay onboards businesses registered in 4 of the 170 countries we track, and in 161 more with limits (Canada, Mexico, Brazil, Argentina, Colombia, Chile, Peru, United Kingdom and 153 more). Available: United States, India, Singapore and Malaysia.
Where is Razorpay available, by region?
Countries where Razorpay onboards businesses (fully or with limits), by region: North America 2 of 2, Latin America 25 of 26, Europe 41 of 43, Middle East 13 of 14, Africa 49 of 49, Asia-Pacific 35 of 36.
What does Razorpay offer?
Accept payments: Payment gateway, payment links, payment pages, subscriptions, QR codes and POS. In India it supports cards, netbanking, UPI, wallets, EMI and Pay Later; Malaysia (Curlec) adds FPX, DuitNow and others; Singapore and US offer cards, wallets, PayNow (SG) and ACH (US). Non-Indian businesses can also collect from Indian customers. Pay people abroad: RazorpayX payouts to contacts in India via IMPS, RTGS, NEFT or UPI from a RazorpayX current account; also vendor and salary payouts. Razorpay Curlec in Malaysia also lists payouts. Cross-border payouts are not documented as a general product. Multi-currency account: RazorpayX current accounts for Indian businesses, provided by partner banks (ICICI, RBL, Yes Bank); RazorpayX is not a bank. Business cards: RazorpayX Corporate Card (Visa corporate credit card issued by RBI-licensed partner banks) for Indian businesses.
Does Razorpay support stablecoins?
No stablecoin products are listed for Razorpay.
Can marketplaces and platforms use Razorpay?
Sub-accounts for your users: Yes (Partners can onboard sub-merchants through APIs, with sub-merchants completing KYC on the partner's platform). Split payments and platform fees: Yes (Route splits incoming payments among linked accounts. Since RBI's September 2025 rules, Route requires minimum turnover (over INR 40 lakh domestic or INR 5 lakh export) and a payer-payee transparency declaration). Embeddable UI: Yes (Merchant Onboarding UI: pre-built, brand-configurable components for onboarding sub-merchants (on request); Embedded Payments for platforms). Pay out to your users: Yes (RazorpayX payouts to bank accounts and UPI IDs in India (IMPS/RTGS/NEFT/UPI). Domestic Indian payouts only in the docs checked).
What are the alternatives to Razorpay?
Other regional processor providers we track: Mercado Pago, Flutterwave, Paystack and Xendit. Which one fits depends mostly on where your business is registered.
Sources
- Razorpay Payments Terms and Conditions (scope: India; cross-border clause; prohibited list) ↗
- Razorpay docs index (llms.txt): regional availability ↗
- Razorpay docs: Accept international payments from Indian customers (non-Indian businesses) ↗
- Razorpay Curlec (Malaysia) ↗
- Razorpay Curlec pricing (Malaysia) ↗
- Razorpay Singapore (with Airwallex) ↗
- Razorpay Singapore pricing ↗
- Razorpay US ↗
- Razorpay US pricing ↗
- Razorpay pricing (India) ↗
- Razorpay docs: Payment methods ↗
- Razorpay docs: Route (split payments) ↗
- Razorpay docs: Sub-merchant onboarding APIs ↗
- Razorpay docs: Merchant Onboarding UI ↗
- Razorpay docs: Embedded Payments ↗
- Razorpay docs: RazorpayX ↗
- Razorpay docs: RazorpayX payouts ↗
- Razorpay docs: Capital partnership ↗
- Razorpay docs: White Label Wallet (discontinued) ↗
- Razorpay docs: MCP Server ↗
- Razorpay Agentic Payments ↗
- RazorpayX Corporate Card ↗