RazorpayX Payouts

What it is

Spec sheet

What it does

RazorpayX Payouts lets businesses send money to customers, vendors, partners and employees through a dashboard or APIs.Read 15 Oct 2026 · razorpay.com

Intended users

The product page names e-commerce, online gaming, and financial services among its use cases, and describes payouts to customers, vendors, partners, and employees.Read 4 Oct 2026 · razorpay.com

Security

RazorpayX says it uses industry-standard encryption, regulatory compliance, continuous monitoring, and fraud detection and mitigation frameworks.Read 4 Oct 2026 · razorpay.com

Support

The product FAQ describes 24X7 support, and the site provides a Banking+ support ticket option.Read 4 Oct 2026 · razorpay.com

Headquarters

Bangalore, Karnataka, IndiaRead 28 Sep 2026 · razorpay.com

Founded

2014Read 28 Sep 2026 · razorpay.com

Company

Razorpay's About page says it was founded by IIT Roorkee alumni and lists its headquarters in Bangalore.Read 4 Oct 2026 · razorpay.com

Accounting integrations

RazorpayX connects with Tally and Zoho Books, synchronizing vendor payments and bank statements; the page also mentions QuickBooks elsewhere.Read 15 Oct 2026 · razorpay.com

Analytics

The dashboard provides real-time transaction data and insights on spending.Read 4 Oct 2026 · razorpay.com

Android listing

Google Play lists the RazorpayX app with at least 100,000 downloads and says data is encrypted in transit, with personal information and photos/videos among possible collected data.Read 15 Oct 2026 · play.google.com

API documentation

Public documentation covers contacts, fund accounts, payout creation, payout modes, test mode and payout status operations.Read 15 Oct 2026 · github.com

Approval controls

The dashboard supports configurable approval workflows with advanced permission control.Read 4 Oct 2026 · razorpay.com

Approval workflow

Dashboard workflows provide permission controls and payout approval processes.Read 15 Oct 2026 · razorpay.com

Authentication

The .NET SDK uses a dashboard key ID and key secret to authenticate API clients.Read 15 Oct 2026 · github.com

Banking status

Razorpay states that RazorpayX itself is not a bank and does not hold a banking license.Read 4 Oct 2026 · razorpay.com

Banking-provider limitation

Razorpay states that RazorpayX itself is not a bank; current accounts and cards are provided by RBI-licensed partner banks.Read 15 Oct 2026 · razorpay.com

Bulk payouts

Users can upload hundreds of payouts in one batch for processing.Read 15 Oct 2026 · razorpay.com

Card payouts

The service supports payouts directly to credit cards for refunds, bill payments and reimbursements.Read 15 Oct 2026 · razorpay.com

Company founding and headquarters

Razorpay was started in 2014 by IIT Roorkee alumni Harshil Mathur and Shashank Kumar and lists Bangalore, Karnataka as headquarters.Read 15 Oct 2026 · linkedin.com

Company size

LinkedIn places Razorpay in the 1,001–5,000 employee range and displays more than 4,000 employees.Read 15 Oct 2026 · linkedin.com

Financial CRM

A financial CRM view lets teams search, inspect and act on transactions.Read 15 Oct 2026 · razorpay.com

Funding news

Razorpay announced a $375 million Series F on December 20, 2021, taking total investment to about $740 million and valuation to $7.5 billion.Read 15 Oct 2026 · razorpay.com

iOS requirements

The iPhone app requires iOS 12 or later; Mac use requires macOS 11 or later with an Apple M1 chip or newer.Read 15 Oct 2026 · apps.apple.com

Licence and hosting

RazorpayX is presented as a hosted dashboard/API service, and its product documentation does not provide an open-source licence or self-hosting package.Read 15 Oct 2026 · razorpay.com

Limit: customer support

Trustpilot reviews repeatedly complain about slow or ineffective support, unresolved tickets and generic responses.Read 15 Oct 2026 · trustpilot.com

Limit: issue visibility

A Capterra reviewer says key diagnostic information is not visible in the interface, while customer service scores 3.1/5.Read 15 Oct 2026 · capterra.com

Limit: mobile login

App Store reviewers report that credentials working in the browser sometimes fail in the mobile app and that support responses can take hours.Read 15 Oct 2026 · apps.apple.com

Maker legal identity

The iOS listing identifies the developer as Razorpay Software Pvt. Ltd.Read 15 Oct 2026 · apps.apple.com

Mobile access

Active RazorpayX Lite and Current Account merchants can use the mobile app to create beneficiaries, make payouts and approve or decline transactions.Read 15 Oct 2026 · razorpay.com

Payout limits in docs

Documentation lists IMPS up to ₹5 lakh per transaction, UPI below ₹1 lakh and RTGS above ₹2 lakh, with timing dependent on account and bank.Read 15 Oct 2026 · github.com

Payout queue

Insufficient-fund payouts are queued and processed after funds are added.Read 15 Oct 2026 · razorpay.com

Payouts

RazorpayX Payouts lets businesses disburse payments through its API or dashboard.Read 4 Oct 2026 · razorpay.com

Praise: payout features

An App Store reviewer highlights bulk payouts, API banking, scheduled payouts, TDS payments and Tally integration, along with an easy interface.Read 15 Oct 2026 · apps.apple.com

Praise: successful processing

Trustpilot’s review summary says some users report fast processing, broad payment options and reliable access to deposited funds when transactions succeed.Read 15 Oct 2026 · trustpilot.com

Praise: usability and reporting

Capterra reviewers praise simple payment links, recurring payments, reporting and transaction tracking, while rating ease of use 3.8/5.Read 15 Oct 2026 · capterra.com

Rating on Apple App Store

4.3 out of 5 from 284 ratingsRead 15 Oct 2026 · apps.apple.com

Rating on Capterra

3.7 out of 5 from 121 reviewsRead 15 Oct 2026 · capterra.com

Rating on G2

4.3 out of 5 from 173 reviewsRead 15 Oct 2026 · g2.com

Rating on Trustpilot

1.4 out of 5 from 454 reviewsRead 15 Oct 2026 · trustpilot.com

Recipient validation

The FAQ says RazorpayX validates recipient accounts and VPA addresses to help ensure transfers succeed.Read 4 Oct 2026 · razorpay.com

Scheduled payouts

Payouts can be scheduled for later execution from the dashboard or API.Read 15 Oct 2026 · razorpay.com

Scheduling and queueing

Payouts can be scheduled from the dashboard or API, and payouts exceeding the available balance are queued until funds are added.Read 4 Oct 2026 · razorpay.com

SDKs and CLI

Razorpay publishes SDK repositories including Java and .NET plus a command-line interface for its API.Read 15 Oct 2026 · github.com

Security certifications

Razorpay’s trust portal lists PCI DSS v4.0 coverage for RZPX Private Limited and other Razorpay entities, plus ISO and SOC certifications.Read 15 Oct 2026 · razorpay.com

Spend analysis

The dashboard provides real-time transaction visibility and spending insights.Read 15 Oct 2026 · razorpay.com

Transfer methods

Supported payout rails include UPI, IMPS, NEFT and RTGS, with card payouts also advertised.Read 15 Oct 2026 · razorpay.com

Webhook requirement

API users are required to subscribe to the payout.failed webhook event.Read 15 Oct 2026 · d6xcmfyh68wv8.cloudfront.net

Webhooks

RazorpayX webhooks send JSON HTTP POST notifications for payout states including pending, processed, failed, reversed and updated.Read 15 Oct 2026 · d6xcmfyh68wv8.cloudfront.net

Zoho Books workflow

Processed payouts appear as accounting expenses and move through categorization, review and sync stages in Zoho Books.Read 15 Oct 2026 · razorpay.com

Plans and prices

Every RazorpayX Payouts plan and price →

Strong points and limits

Who it suits

Verdict

Where Specifiction places it

• Payout Software#3 of 298.3