The Internet’s Money

Regional processor · Europe

Does Razorpay work in Russia?

No.

Razorpay does not onboard businesses registered in Russia.

What a business in Russia can use

Razorpay’s products, for a company incorporated in Russia.

Accept paymentsNot available

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 abroadNot available

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 accountNot available

RazorpayX current accounts for Indian businesses, provided by partner banks (ICICI, RBL, Yes Bank); RazorpayX is not a bank.

Business cardsNot available

RazorpayX Corporate Card (Visa corporate credit card issued by RBI-licensed partner banks) for Indian businesses.

StablecoinsNot offered

Razorpay does not offer this.

Yield on idle cashNot offered

Razorpay does not offer this.

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.

Onboarding confidence: medium. Source: Razorpay Payments Terms and Conditions (scope: India; cross-border clause; prohibited list). Everything about Razorpay

Alternatives in Russia

Other providers that serve businesses registered there.

None of the other providers we track onboard businesses registered in Russia.

Selling to Russia

How people there prefer to pay online.

  1. 1Mir cards
  2. 2SBP (Faster Payments System, incl. QR)
  3. 3SberPay / Tinkoff Pay

Stablecoin rules in Russia

High riskRestricted

Using stablecoins to pay is banned or tightly restricted.

Everything about 🇷🇺 Russia →

Common questions

Does Razorpay work in Russia?

No. Razorpay does not onboard businesses registered in Russia.

What are the alternatives to Razorpay in Russia?

None of the other providers we track onboard businesses registered in Russia.

Razorpay elsewhere in Europe

Other providers in Russia