Razorpay is often one of the first payment gateways Indian businesses explore when launching online. Whether you're running an e-commerce brand or a SaaS startup, Razorpay simplifies domestic collections and even supports international cards.

But for exporters and freelancers dealing with international clients, the real question is: Does Razorpay meet RBI-compliant requirements and offer control over FX rates and remittances?

Let’s break down exactly how Razorpay works for global payments — and whether it fits your needs or falls short.

H2: What is Razorpay, and Who Is It Built For?

Now that we understand who Razorpay is ideal for and where it may fall short, let’s explore its capabilities when it comes to accepting international payments—an area that’s increasingly relevant for businesses looking to scale globally.

✅ Built For:

• Indian e-commerce businesses

• SaaS platforms offering subscriptions

• Startups needing a quick payment integration

⚠️ Not Ideal For:

• Exporters looking for RBI-compliant payment solutions

• Freelancers relying on international bank transfers

• Anyone needing USD/EUR account details for B2B remittances

What Razorpay Offers:

• Credit & debit card payments (incl. international cards)

• UPI, wallets, net banking

• Payment links, invoices, and RazorpayX for payouts

While Razorpay makes domestic digital payments seamless, things get a little more complicated when international transactions enter the picture. Here’s a closer look at what Razorpay does and doesn’t offer for global payment acceptance.

Razorpay’s International Payment Features – and What’s Missing

✅ Supported:

• International card acceptance (manual activation required)

• One-time and recurring card payments

❌ Limitations:

• No support for foreign bank accounts (USD, EUR, etc.)

• No multi-currency virtual accounts

• No automatic e-FIRC (₹500 per request)

• No purpose code tagging

• Hidden FX rate markup via banks

🔗 What Are RBI Purpose Codes for Inward Remittance?

Understanding the features is only half the story—pricing plays a huge role in choosing a payment solution. Let’s break down what Razorpay charges for international transactions, including any hidden costs that may not be immediately obvious.