RazorpayX review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
RazorpayX suits Indian businesses that pay out often and want speed over price, with payouts in Payouts in about 5 seconds to bank, wallet and card. A monthly fee of INR 1,499 to INR 1,999 puts it well above the €0 charged across the accounts compared here, and payout fees sit outside that.
Key facts
- Best for
- Indian businesses paying out to staff and suppliers who value fast payouts over a low monthly fee.
- Monthly fee
- ₹1,499 to ₹1,999↗
- Currencies
- 3↗
- Transfer fee
- Payout fees charged separately, displayed on the RazorpayX Business Banking+ dashboard↗
- Legal entity
- RZPX Private Limited↗
- Headquarters
- India↗
- Support channels
- Help-centre↗
- Audience
- Business
- Features
- Free ATM withdrawals
- Official website
- razorpay.com
Money transfer
Facts checked September 26, 2026, 4 sources
Pros and cons
Pros
- Payouts reach bank, wallet and card in Payouts in about 5 seconds
- Free ATM withdrawals are included with the account
- A business-focused account, aimed at companies rather than personal users
- Held in 3 currencies for cross-border work
Cons
- Monthly fee of INR 1,499 to INR 1,999 against a €0 median here
- Payout fees are charged separately and shown on the Business Banking+ dashboard
- Support runs on help centre only
Who it suits
- Indian businesses that pay staff or suppliers regularly
- Companies holding foreign currency receipts
- Teams that draw cash often
Who should look elsewhere
- Anyone wanting a no-fee current account, where €0 and €0 charge nothing
- Businesses outside India, since the account is based in India
How it compares on our data
RazorpayX ranks 491 of 500 brands on monthly fee, and 227 of 379 on number of currencies held. Its INR 1,499 to INR 1,999 charge sits far above the €0 median, and at 3 currencies it also sits below the 5 typical here. The strength is payout speed rather than cost or currency range.
The company behind it
RazorpayX is run by RZPX Private Limited, headquartered in India. It is authorised by the Reserve Bank of India as an Authorised Payment Aggregator, and a second Reserve Bank of India authorisation covers lending to regulated entities. Support is limited to help centre, so questions are answered through self service articles.
How RazorpayX compares
8.2 vs 8.7
8.2 vs 8.6
8.2 vs 8.0
8.2 vs 8.9
8.2 vs 9.1
8.2 vs 9.2
8.2 vs 8.7
8.2 vs 8.7
8.2 vs 8.7
8.2 vs 9.0Skrill charges a monthly fee of €0, so it suits users who would rather pay nothing each month.
8.2 vs 8.7
8.2 vs 9.5
8.2 vs 9.4
8.2 vs 9.3
8.2 vs 9.2
8.2 vs 9.2
8.2 vs 9.2
8.2 vs 9.2
8.2 vs 9.2
8.2 vs 9.2
8.2 vs 9.1
8.2 vs 9.0
8.2 vs 9.0
8.2 vs 8.9
8.2 vs 8.9- 8.2 vs 8.9
8.2 vs 8.7
8.2 vs 8.5
8.2 vs 8.5
8.2 vs 8.5
8.2 vs 8.4
8.2 vs 8.3
8.2 vs 8.2
8.2 vs 8.1- 8.2 vs 8.1
8.2 vs 8.0
8.2 vs 8.0
8.2 vs 8.0
8.2 vs 9.1
Where RazorpayX is available
- Available
- India
- Licence in India
- Reserve Bank of India (RBI Authorised Payment Aggregator), checked September 26, 2026
- Licence in India
- Reserve Bank of India (Lending Service Provider to Regulated Entities, via Razorpay Tech Solutions Private Limited), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
How much does a RazorpayX business account cost?+
The monthly fee is INR 1,499 to INR 1,999. Payout fees are charged separately from that figure and are shown on the RazorpayX Business Banking+ dashboard rather than in a single published rate, so the real cost depends on how much you pay out.
Who regulates RazorpayX in India?+
RazorpayX is authorised by the Reserve Bank of India as an Authorised Payment Aggregator. A further Reserve Bank of India authorisation as a Lending Service Provider to Regulated Entities is held through Razorpay Tech Solutions Private Limited.
How quickly are payouts sent out?+
Payouts go out in Payouts in about 5 seconds. They can land in a bank account, a wallet or a card, so payroll and supplier runs can be covered in a single flow without setting up separate payment routes.
Which currencies can a RazorpayX account hold?+
The account holds 3 currencies, which covers foreign receipts alongside Indian rupee balances. That is a smaller range than the 5 median across the accounts compared on this site, so businesses holding many currencies may need a second provider.
Are ATM withdrawals included?+
Yes, free ATM withdrawals are part of the account, so staff can take out cash without a separate charge. It is a feature shared with most accounts here, and it matters for businesses paying workers in person.
How do I get help from RazorpayX?+
Support runs through help centre. The listed channel is the only one given, so anything urgent has to go via the self service articles or the dashboard rather than a direct line.
Who is a RazorpayX account designed for?+
The account is built for business users, with payouts, multi currency balances and cash withdrawal at its centre. It suits companies that move money out frequently rather than individuals managing personal savings.
Sources
- razorpay.com/about checked September 26, 2026
Backs: Licences
- razorpay.com/support/banking-plus checked September 26, 2026
Backs: Support channels
“Support - RAISE A TICKET - Payments - Banking+ - Payroll - POS - Digital Lending - OTHERS - Knowledgebase”
- razorpay.com/x/current-accounts checked September 26, 2026
Backs: Audience, Features
“A current account is used by businesses and high net-worth individuals. It supports high transaction volumes and offers specialized features”
- razorpay.com/x/forex checked September 26, 2026
Backs: Currencies, Headquarters, Legal entity
“International Bank Transfers - Accept USD, GBP, EUR in your global account”
- razorpay.com/x/payouts checked September 26, 2026
Backs: Delivery time, Payout methods
“Success Rate in ~5s”
- razorpay.com/x/pricing checked September 26, 2026
Backs: Monthly fee, Transfer fee
“Core - For businesses just starting out with basic payout needs - ₹ 1499 / month (Billed Quarterly) or ₹ 1999 / month, Save 30%”
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection, Currency conversion fee.
Related by the facts
Guides
RazorpayX
Indian businesses paying out to staff and suppliers who value fast payouts over a low monthly fee.