Dear Team,
Greetings from Razorpay!!
What is Razorpay Early Settlements?
With Early Settlement you get access to your funds on the same day instead of your traditional / default settlement cycle.
Benefits of ES for your business
- Easy and early access to your money for your business.
- Reduce your daily cash crunch and increase cash flows.
- Manage your inventory and stock in a better way.
- Pay your creditors / vendors on time without any delays.
What does it cost you?
You can get this feature enabled at an additional cost of 0.18% for Domestic and 0.50% for International transactions.
How to enable it?
Just reply to this email with your confirmation, we will enable this feature within 24hrs for you.
Note: –
- Transactions successfully completed on any day between 9:00 am to 16:45 Hrs, subject to the funds being captured during any bank working day, the settlement of such transactions shall be initiated to the Merchant before 17:00 Hrs on the same bank working day.
- Transactions successfully completed on any day between 16:31 hrs to 8:55 am (next day), subject to the funds being captured during any bank working day, the settlement of such transactions shall be initiated to the Merchant before 11:00 am on the same bank working day.
