Learn how to open a Razorpay payment gateway in 2025 with our step-by-step guide. From account creation and KYC to integration, get your business ready to accept online payments seamlessly.
Step 1: Create Your Razorpay Account
- Visit the Razorpay Website: Go to the official Razorpay website (razorpay.com).
- Click “Sign Up”: Locate and click on the “Sign Up” or “Create Account” button, usually found in the top right corner.
- Enter Basic Details: Provide your mobile number or email ID. You’ll receive an OTP (One-Time Password) for verification.
- Verify OTP: Enter the OTP received on your mobile or email to proceed.
- Enter Personal & Business Name: Provide your full name and the name of your business (this will be the name recognized by your customers).
- Set Password: Create a strong password for your Razorpay account.
Upon successful signup, you’ll be redirected to your Razorpay Dashboard, initially in “Test Mode.”
Step 2: Complete Your KYC (Know Your Customer)
This is a crucial step for activating your live payment gateway and enabling settlements to your bank account. Razorpay’s KYC process is designed to be quick if all documents are readily available.
- Access KYC Section: From your Razorpay Dashboard, navigate to the “My Account” or “Settings” section and look for “KYC” or “Account Activation.”
- Provide Business Details:
- Business Type: Select your business type (e.g., Sole Proprietorship, Partnership, Private Limited Company, LLP, Individual/Unregistered Business, etc.). This will determine the specific documents required.
- Business Category & Subcategory: Choose the relevant category and subcategory that best describe your business (e.g., E-commerce, Education, Financial Services).
- Business Description: Provide a brief description of your business, including the products/services you offer, your target customers, and your primary sales channels (website, app, offline).
- Business Address: Enter your official business address.
- Enter Bank Details:
- Provide your bank account number and IFSC code. This is the account where Razorpay will settle your collected payments. Ensure these details are accurate.
- Upload Required Documents: The documents needed will vary based on your business type. Here’s a general overview (always refer to Razorpay’s specific requirements, as they may update):
- For Individuals/Unregistered Businesses:
- PAN Card (of the individual)
- Address Proof (Aadhar Card, Passport, Voter ID, Driving License, etc.)
- Bank Account Proof (Cancelled Cheque, Bank Statement front page)
- Proof of Business Working (e.g., a sample invoice, agreement, or a brief description of your services)
- For Sole Proprietorship:
- PAN Card (of the proprietor)
- Address Proof (of the proprietor)
- Bank Account Proof (Cancelled Cheque/Bank Statement of the business current account)
- Business Identity & Existence Proof (e.g., MSME Certificate, GST Certificate, Shop & Establishment Certificate, Udyam Registration)
- For Registered Businesses (Pvt. Ltd., LLP, Partnership, etc.):
- Company PAN Card
- Certificate of Incorporation / Partnership Deed / LLP Agreement
- Memorandum of Association (MoA) & Articles of Association (AoA) (for Pvt. Ltd./Public Ltd.)
- Board Resolution (for Pvt. Ltd./Public Ltd.)
- Bank Account Proof (Cancelled Cheque/Bank Statement of the company’s current account)
- Identity & Address Proof of Authorized Signatories/Directors/Partners (PAN, Aadhar, Passport, etc.)
- GSTIN (if applicable)
- Important Notes on Documents:
- Ensure all uploaded documents are clear, legible, and not password-protected.
- File size should generally be less than 5MB.
- Documents must be in PDF, JPG, or PNG format.
- The name on your PAN card and address proof for the authorized signatory must match.
- For Individuals/Unregistered Businesses:
- Review Business Policy: Razorpay will prompt you to review and publish basic business policy pages (e.g., Refund Policy, Privacy Policy, Terms & Conditions). You can use Razorpay’s templates or link your existing policies.
- Submit KYC: Once all details are filled and documents uploaded, click “Submit KYC.”
Razorpay typically reviews and verifies KYC details within 2-4 business days. You will receive email notifications regarding the status of your KYC verification.
Step 3: Understand and Generate API Keys
While your KYC is under review, you can explore the dashboard and prepare for integration.
- Access API Keys: Once logged in, go to Settings > API Keys.
- Generate Keys:
- You’ll find options to generate Test Mode keys and Live Mode
- Test Mode Keys: Use these for development and testing your integration without processing real money.
- Live Mode Keys: Once your KYC is approved, you’ll generate Live Mode keys. Keep your Live Key Secret confidential and secure. It is shown only once.
- Each key set consists of a Key ID and a Key Secret. These are crucial for integrating Razorpay with your website or application.
Step 4: Integrate Razorpay with Your Website/Application
This is where you connect your online platform to Razorpay’s payment gateway. Razorpay offers various integration methods:
- E-commerce Plugins (Easiest for most websites):
- If you use popular e-commerce platforms like WooCommerce (WordPress), Shopify, Magento, OpenCart, etc., Razorpay provides ready-to-use plugins.
- Process:
- Install the Razorpay plugin from your platform’s plugin/app store.
- Activate the plugin.
- Go to the plugin’s settings and enter your Razorpay Key ID and Key Secret (from Step 3).
- Configure payment method options (cards, UPI, net banking, wallets, etc.).
- Test transactions in “Test Mode” first.
- Payment Links & Payment Pages (No coding required, for simple use cases):
- Payment Links: Ideal for collecting payments via email, SMS, or social media. You create a link from your dashboard with a specific amount and purpose, and share it.
- Payment Pages: Create a custom, branded payment page hosted by Razorpay. Useful for collecting donations, selling a single product, or event registrations.
- Process:
- From your Razorpay Dashboard, navigate to “Payment Links” or “Payment Pages.”
- Click “Create New” and follow the prompts to set up your link or page.
- Customize details, amounts, and branding.
- Share the generated link with your customers.
- API Integration (For custom websites/apps, requires developer expertise):
- If you have a custom-built website or mobile application, you’ll integrate using Razorpay’s comprehensive APIs and SDKs.
- Key steps:
- Backend Integration: Create an “Order” on your server using Razorpay’s Orders API. This generates a unique order_id that links the payment to your system. You’ll use your Key ID and Key Secret for authentication.
- Frontend Integration:
- Include the Razorpay Checkout script in your frontend.
- Use the order ID from your backend to open the Razorpay payment popup (checkout form) on your website.
- Handle the payment response (success/failure) after the user completes the payment.
- Payment Verification (Backend): After the payment is processed, Razorpay sends back crucial details (e.g., razorpay_payment_id, razorpay_order_id, razorpay_signature). It’s critical to verify the razorpay_signature on your backend to ensure payment authenticity and prevent tampering.
- Webhooks (Optional but Recommended): Set up webhooks to receive real-time notifications from Razorpay about payment events (success, failure, refund, etc.), allowing for automated updates in your system.
Step 5: Test and Go Live
- Extensive Testing: Before going live, thoroughly test your payment gateway setup in “Test Mode.”
- Perform successful transactions.
- Test failed transactions.
- Check refund processes.
- Ensure all payment methods you intend to offer are working correctly.
- Verify that your system correctly captures payment details and updates order statuses.
- Switch to Live Mode:
- Once your KYC is approved and testing is complete, switch your API keys from “Test” to “Live” in your integration.
- Ensure your website/application code is pointing to the live Razorpay environment.
- Conduct a few small live transactions to confirm everything is working as expected.
- Monitor Transactions: Use your Razorpay Dashboard to monitor live transactions, settlements, and analytical data.
By following these steps, your business will be well-equipped to accept online payments securely and efficiently through Razorpay in 2025. Remember to regularly check Razorpay’s official documentation for the most up-to-date information and any new features.
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