Posted in: Razorpay, Razorpay Early, Razorpay Early Settlements

Razorpay Early Settlements for your Business.

Written by admin

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: –

  1. 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. 
  2. 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.
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