RazorpayX Review: Business Banking & Payouts

What is RazorpayX?

RazorpayX is Razorpay's B2B banking product. Provides: instant current account opening (free), vendor payment APIs, payroll disbursement, tax payment APIs, working capital APIs. INR-only. Used by 100K+ businesses for payments infrastructure.

Core Features

🏦 Current Account

Instant account opening, no minimum balance, free. Issued by RBL Bank.

💸 Bulk Payouts

Vendor payments, payroll, settlements. ₹2–5/payout. Real-time settlement to vendor bank accounts.

💳 Vendor Payments

Payment links, mass payment APIs. Vendor can accept via UPI, bank transfer, card.

🏛️ Tax Payments

GST, TDS, income tax, corporate tax payments via RazorpayX API.

💰 Credit Lines

Working capital credit, invoice discounting for cash flow needs.

📊 Dashboard

Real-time cash flow, transaction analytics, reconciliation.

Pricing

Current account: Free. Payouts: ₹2–5 per transaction. Volume discounts available.

Who Should Use

✅ SaaS companies managing vendor payments
✅ Fintech disbursing loans or settlements
✅ Marketplaces paying seller commissions
✅ Payroll service providers (bulk disbursement)

RazorpayX