# RazorpayX review (2026): is it worth ₹1,499 a month? > Business banking, payouts and payables software for Indian firms Checked Nov 13, 2026 · graded Nov 13, 2026 by ToolGPA. RazorpayX is a business banking and payments suite from Razorpay for companies in India. It combines current accounts held with partner banks, bulk and API payouts, approval workflows, vendor payments with invoice capture and TDS handling, and a corporate credit card, sold on monthly plans. - **Category:** Spend & Bill Pay - **Made by:** Razorpay - **Website:** https://razorpay.com/x/ - **Runs on:** Web - **Who should skip it:** Pricey if you pay per payout, since plan fees cover platform access only and charges are billed separately. - **Facts last checked:** Nov 13, 2026 ## Pricing As of Nov 13, 2026, RazorpayX is a paid product, starting at ₹1,499 per month, billed quarterly (₹4,497 + GST). - **Pricing model:** Paid - **Free plan:** None. - **Free trial:** None listed. | Plan | Price | What you get | | --- | --- | --- | | Core | ₹1,499 per month, billed quarterly (₹1,999 list) | Basic payouts, automated beneficiary onboarding, simple approvals and the mobile app. ₹4,497 + GST a quarter. | | Pro | ₹4,199 per month, billed quarterly (₹5,999 list) | Adds bulk payouts, payouts without full bank details, team roles and custom approval flows. ₹12,597 + GST a quarter. | | Vendor Payments | ₹9,799 per month, billed quarterly (₹13,999 list) | Adds invoice OCR, vendor onboarding, a vendor portal and automated TDS. ₹29,397 + GST a quarter. | Read from https://razorpay.com/x/pricing/ on Nov 13, 2026. Prices change, so confirm with RazorpayX before buying. ## Key features - **Payouts by NEFT, RTGS and IMPS:** Pays or schedules payments over NEFT, RTGS and IMPS, with instant beneficiary addition and a maker-checker step on payouts. - **Bulk payouts:** Pro and Vendor Payments plans accept up to 50,000 payouts at once from a CSV file uploaded in the banking portal. - **Vendor payments and TDS:** The Vendor Payments plan captures invoices by email, upload or portal, reads them with OCR and calculates TDS linked to a vendor's PAN. - **Approval workflows:** Pro adds custom approval flows, and Vendor Payments adds multi-layer approvals set by amount, team or department. - **Payout links:** Single or bulk payout links let customers claim an amount into their own bank account without sharing details up front. - **Banking APIs and add-ons:** An API Payouts bundle, bank account validation, UPI payouts, ERP integrations and auto-reconciliation are sold as paid add-ons. ## Good for - Indian companies that pay many vendors, staff or customers each month - Finance teams that need approval steps before money leaves - Businesses that want a current account and payables tooling together ## Worth knowing - Plan fees cover platform access only; payout charges are billed separately and shown on the dashboard. - The API Payouts bundle is an add-on at ₹4,000 a month, and other add-ons are arranged through sales. - Access to RazorpayX features is blocked if you do not upgrade to a paid plan, though the partner-bank account stays open. - Prices are in rupees and exclude GST; the Annually toggle was not readable, so only the quarterly figures are recorded. ## ToolGPA grades **GPA: 1.6 out of 4**, graded Nov 13, 2026. RazorpayX handles payouts, vendor payments and TDS for Indian businesses. Plans start at ₹1,499 a month billed quarterly, payout charges are separate, and features stop if you don't upgrade. - **Value for money: C.** Core is ₹1,499 a month billed quarterly (₹4,497 + GST), about $18 a month, between the category's middle and dearer-quarter prices. Payout charges are billed on top. - **Free plan and trial: F.** No free plan and no trial on the listing. - **Features: C.** Payouts by NEFT, RTGS and IMPS, bulk payouts, vendor payments with TDS, approval workflows and APIs. It is a payments product, with no card or receipt capture. - **Ease of use: C.** No store rating on record. Linking a business bank account and approvals needs setting up first. - **Platforms and integrations: C.** Web only, with banking APIs but no named integrations. These are ToolGPA's own grades. Graded from this listing, whose facts were read from RazorpayX's own pages on 13 November 2026. Not based on using the product, and shorter than our full reviews. ## Where it stands among spend and bill pay tools - RazorpayX's GPA of 1.6 is higher than 3 of the 76 other spend and bill pay tools we grade, and level with 13. - It stands best on value for money (C, above 5 of 76) and worst on free plan and trial (F, above 0). - Its paid plans start at about $15.79 a month, against a middle price of $12 for the category: 24 of the 36 others that charge start lower. - On features, ease of use and platforms it scores 2.0 out of 4. 24 tools score higher and cost less. The category's chart of price against score: https://toolgpa.com/charts/expenses ## Keep it, or make your own? **Keep it.** To replace RazorpayX you would be making money moved between bank accounts, which takes a licensed payments partner. That is not a weekend's work, with an AI app builder or without one. That makes this kind of software worth paying for, not this one in particular: 60 of the 76 other spend and bill pay tools grade higher. It costs $189.44 a year. - You could not: Money moved between bank accounts, which takes a licensed payments partner. - You could not: Cards issued through a bank. - You could not: Payouts to partners in many countries, with their tax forms. - You could not: An API that other software can build on. A judgement by ToolGPA from this listing, by rules that are the same for every tool. Nothing was built to test it. **Tags:** Bill pay, Company cards, Partner payouts, Public API ## Alternatives - [Cashfree Payouts](https://toolgpa.com/tools/cashfree-payouts): Bulk and instant bank payouts across India, by dashboard or API. [Compare](https://toolgpa.com/compare/cashfree-payouts-vs-razorpayx) - [Happay](https://toolgpa.com/tools/happay): Travel, expense and prepaid card management for enterprises. [Compare](https://toolgpa.com/compare/happay-vs-razorpayx) - [Tipalti](https://toolgpa.com/tools/tipalti): Accounts payable automation and global payouts. [Compare](https://toolgpa.com/compare/razorpayx-vs-tipalti) - [BILL](https://toolgpa.com/tools/bill): Bill pay, invoicing and free company cards for small businesses. [Compare](https://toolgpa.com/compare/bill-vs-razorpayx) - [Volopay](https://toolgpa.com/tools/volopay): Corporate cards, bill pay and expenses with multi-currency accounts. [Compare](https://toolgpa.com/compare/razorpayx-vs-volopay) ## Sources The prices, plans, platforms and features above were read from these pages on Nov 13, 2026: - https://razorpay.com/x/pricing/ - https://razorpay.com/x/ Page: https://toolgpa.com/tools/razorpayx Listed by ToolGPA (toolgpa.com).