Handle End-to-End Payments
Experience the future of payments with the easiest integration, online onboarding and feature-filled checkout. Avail of the lowest industry charges. Following are the recommended products:- One-Click Retry on Razorpay Checkout.
- Integrate with a wide coverage of SDKs and plugins for all popular marketplaces such as Shopify, WooCommerce, Magento and more.
- Enjoy high success rates on UPI and Card payments.
- 100+ Methods Available: UPI, Cards (debit and credit), EMI, Netbanking, International Payments, Wallet, Pay Later and more.
- Enables seamless prepaid and COD transactions on your platform.
- Integrate with plugins for popular marketplaces such as Shopify and WooCommerce.
- Share the Payment Link via an email, SMS or messenger and get paid immediately.
- Install the Razorpay WhatsApp Bot for Payment Links and accept payments from your customers by creating and sharing Payment Links to them directly from WhatsApp.
- Recover abandoned carts by sending customers a Payment Link, encouraging them to return and complete their purchase.
- Add a pay button to your website to accept one-time and subscription payments on your website in less than 5 minutes.
- Share automated payment receipts with your customers.
Improve Checkout Experience and Conversion Rates
Despite high traffic, ecommerce businesses have to deal with high cart abandonment rates and lower payment conversions. Razorpay offers a combination of solutions to enhance the checkout experience and conversion rates. Following are the recommended products:- Improve order conversions by 40% by offering a 5X Faster checkout experience
- Reduce COD RTOs by 50% by dynamically blocking the COD payment method for high RTO-risk users based on Razorpay’s proprietary AI/ML model.
- Securely store customer addresses and payment information during checkout.
- Personalised checkout and payment experience and no redirections.
- Integrate credit card payment with your Shopify store directly on the checkout page.
- Collect credit card payments on your Shopify websites without any redirections to a payment gateway page and boost conversions.
- Highlight the best offers and eligible payment methods to consumers upfront and reduce drop-offs.
- Encourage more purchases with higher spending power.
- Boost average order values by enabling customers to unlock bigger discounts and calculate additional savings with the Discount Whisperer feature.
- Help customers check their eligibility and complete the purchase directly from the widget itself, eliminating friction.
- Available on Shopify, WooCommerce, Android app and custom-built websites.
- Showcase our Trusted Badge on checkout and embed the Razorpay Trusted Business Widget on your website to instil credibility amongst site visitors.
- Reduce the share of COD orders and increase the share of prepaid orders by being perceived as a trusted business.
- Boost customer confidence about your business’s legitimacy and minimise drop-offs.
- Available on Shopify, WooCommerce and custom-built websites.
- Create attractive payment offers on your website, increasing sales.
- Provide interest-free EMI options with No Cost EMI Offers.
- With the help of Low Cost EMI Offers, provide upfront discounts by splitting the interest cost with your customers.
- Incremental offers lead to higher average order value, thereby boosting sales.
Automate Recurring Revenues
Recurring revenues are core to financial services, including insurance premiums, SIPs, and loan repayments. With Razorpay, you can offer easy and tailor-made subscription plans to your customers through a platform built for automation. We recommend:- Offer customers various Subscription plans, such as monthly, quarterly, and yearly options.
- Securely store card information, eliminating the need for customers to enter card details every time they make a recurring payment.
- Automate the entire payment process, charging customers’ cards at predefined intervals based on their chosen Subscription frequency.
- Provide discounts or cashback to increase average order value, thereby boosting sales.
Go Global
Businesses tend to find accepting international payments quite cumbersome due to issues such as currency conversion, FIRS collection from banks and the constant threat of credit card fraud. Following are the recommended products:- Accept international payments in nearly 100 foreign currencies, with real-time, automatic currency conversion
- Supported payment methods: Cards, PayPal, Trustly, Poli, Sofort and Giropay.
- Generate FIRS automatically from our Dashboard.
- Free of cost, generated with a single click. There is no need to visit the bank and pay the fee.
- Confirm that the card user is the rightful owner.
- Verify the cardholder’s billing address and card details.
Improve Customer Post-Purchase Experience
Razorpay solves issues related to high RTO costs, COD transactions involving cash handling, high RTO risk, and so on. Additionally, it also helps build loyalty and retention with increasing competition. Given below are the recommended products:- Use our RTO Prediction capabilities to identify risk and dynamically disable the COD option, thereby reducing RTO.
- Convert COD orders to prepaid by offering incentives to customers via Whatsapp.
Explore RazorpayX for Advanced Business Banking
- Make instant Payouts individually or in bulk via IMPS, NEFT, RTGS, UPI or Bank Transfer.
- Share Payout Links with customers and reduce wait time for payouts.
- Automate vendor payouts with RazorpayX Vendor Payments.
- Ensure tax compliance with RazorpayX Tax Payments.