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Reliable settlements
for businesses

Accept Instant Payments
with Razorpay QR Codes

Reliable settlements
for businesses

Get complete control over payouts with faster, transparent, and predictable settlements.

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How settlements work

How settlements work

How settlements work

Settlement is the process through which a merchant receives money paid by their end users for a particular product/service.

Settlement is the process through which a merchant receives money paid by their end users for a particular product/service.

Settlement is the process through which a merchant receives money paid by their end users for a particular product/service.

Payment is initiated

The customer enters their payment details on the Razorpay checkout to pay.

Payment is verified

After OTP or 3D Secure verification, the amount is deducted, and the customer gets a confirmation.

Payment is processed

The money is sent through card networks to Razorpay’s banking partners.

Money is settled

Razorpay receives the money and transfers it to your bank account after deducting fees.

The complete process takes a time of T+2* business days for domestic transactions, T being the date of capture of payment.

*Settlement cycle is subject to bank approval and can vary based on your business vertical, risk factor etc.

Track and manage all settlements in one place.

Track and manage all settlements in one place.

Track and manage all settlements in one place.

Created: Settlement is generated and sent for processing.

Created: Settlement is generated and sent for processing.

Created: Settlement is generated and sent for processing.

Initiated: Settlement is being processed and will be credited shortly

Initiated: Settlement is being processed and will be credited shortly

Initiated: Settlement is being processed and will be credited shortly

Processed: Settlement is successfully credited to your account.

Processed: Settlement is successfully credited to your account.

Processed: Settlement is successfully credited to your account.

Failed: Settlement failed due to incorrect bank details (account number or IFSC). You will receive an email from Razorpay in such cases.

Failed: Settlement failed due to incorrect bank details (account number or IFSC). You will receive an email from Razorpay in such cases.

Failed: Settlement failed due to incorrect bank details (account number or IFSC). You will receive an email from Razorpay in such cases.

Stay in control of your settlements

Stay in control of your settlements

100% transparency on
upcoming settlements
100% transparency on
upcoming settlements

Find the amount and settlement date on your Razorpay Dashboard (Home, Transactions, or Settlements tab).

Settlement status


for every transaction
Settlement status


for every transaction

Click on any transaction to instantly check whether the payment has been received or is still pending.

Clear view of your
settlement cycle
Clear view of your
settlement cycle

View your payout cycle for domestic and international payments under "My Account."

How to reconcile
settlements with transactions

How to reconcile
settlements with transactions

How to reconcile
settlements with transactions

The Razorpay Dashboard provides detailed reports to simplify reconciliation. You can download settlement reports in daily or monthly formats.

Supercharge your business with the all-powerful Razorpay Payment Gateway

The Razorpay Dashboard provides detailed reports to simplify reconciliation. You can download settlement reports in daily or monthly formats.

Settlement Date: Track when a settlement was created and processed.

Settlement Date: Track when a settlement was created and processed.

Settlement Date: Track when a settlement was created and processed.

Transaction & Entity ID: Each payment has a unique Entity ID linked to its settlement.

Transaction & Entity ID: Each payment has a unique Entity ID linked to its settlement.

Transaction & Entity ID: Each payment has a unique Entity ID linked to its settlement.

Unique Transaction Reference (UTR): Every settlement is mapped to a UTR number, which appears in your bank statement for easy tracking.

Unique Transaction Reference (UTR): Every settlement is mapped to a UTR number, which appears in your bank statement for easy tracking.

Unique Transaction Reference (UTR): Every settlement is mapped to a UTR number, which appears in your bank statement for easy tracking.

How tallying works?

How tallying works?

Check your settlements in your bank statement

Supercharge your business with the all-powerful Razorpay Payment Gateway

Check your settlements in your bank statement

Each settlement comes with a Unique Transaction Reference (UTR) number provided by our banking partners.

You can find this number in the Settlement Reports available in the Reports section of your Razorpay Dashboard. Since the UTR is recognized across all banks, you can use it to track a specific settlement in your bank account statement.

Each settlement comes with a Unique Transaction Reference (UTR) number provided by our banking partners.

You can find this number in the Settlement Reports available in the Reports section of your Razorpay Dashboard. Since the UTR is recognized across all banks, you can use it to track a specific settlement in your bank account statement.

Frequently Asked Questions

Frequently Asked
Questions

Frequently Asked Questions