Razorpay offers a payroll solution called RazorpayX that allows businesses to automate their payroll process. It is a cloud-based solution that allows businesses to manage employee salary, tax, and compliance, and also enables businesses to pay employees via direct deposit or check.
RazorpayX payroll pricing is not fixed. It is based on the number of employees, frequency of payroll runs, and other factors such as compliance, taxes, and other features. Typically, businesses are given a quote after discussing their specific payroll requirements with the RazorpayX team.
However, as per the information available on their website, They charge 2% + GST on all successful transactions made through their payroll. This fee applies to all types of transactions, including domestic and international transactions.
It’s important to note that this fee is for the Standard Plan. If you opt for a Custom or Enterprise plan, the fees may vary depending on the volume of transactions and the additional features you need.
You may also have to pay additional fees for additional features like compliance, taxes, and other features. It’s always best to check with Razorpay for the most up-to-date and accurate information on their fees, and to consult with their support team to understand the fees associated with your plan and the services you plan to use.
Use Razorpay Fee Calculator – https://feecalculator.in/razorpay/
Razorpay Documentation – https://razorpay.com/docs