Would be very much interested if you guys can figure out a way to create recurring subscriptions. I have been looking for a solution for a very long time and just posted a thread here on HN about it [1]. Would love to hear your thoughts and how you plan to offer it.
Razorpay (YC W15) offers Stripe-style payment experience in India
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Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#72Hey Razorpay team. Big congrats on the launch :) I had a question on competition in the market. Many posts here have highlighted big players like PayU, CCAvenue and small merchants focused players like Instamojo, Gumroad.
Recently, HDFC announced new strategy around cards to be accepted by small players (http://timesofindia.indiatimes.com/business/india-business/H...). Do you think this will affect you especially in terms of the transaction fees?
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#73Hey Razorpay team. Big congrats on the launch :) I had a question on competition in the market. Many posts here have highlighted big players like PayU, CCAvenue and small merchants focused players like Instamojo, Gumroad. Recently, HDFC announced new strategy around cards to be accepted by small players ( http://timesofindia.indiatimes.com/business/india-business/H... ). Do you think this will affect you especially i…
The article is very light on details so cannot comment concretely without more context. But at a guess, I think this might be for physical card transactions since it mentions swipe machines specifically.
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#74Would be very much interested if you guys can figure out a way to create recurring subscriptions. I have been looking for a solution for a very long time and just posted a thread here on HN about it [1]. Would love to hear your thoughts and how you plan to offer it. [1] https://news.ycombinator.com/item?id=9205892
Hi,
Yeah, we saw that thread and it was really interesting. My co-founder replied there too https://news.ycombinator.com/reply?id=9206182&goto=item%3Fid... .
At this point, I can only tell you we have a plan to launch this very soon.
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#75hey , congrats for getting into YC , our Indian market greatly need a awesome and friendly payment gateway provider
few things i would like to ask
• how many people are currently employed in razorpay , what about customer service?
• integration with magento , woocommerce etc is available right away ?
• do you provide wallet services ? , and what about legal issues regarding storing card info ? i see you are pci cleared , can you clear a bit ?
• Are all credit /debit cards are supported ?
• You say i dont need a different bank account , i have an LLP , and have a ecommerce store that deals with fashion , so i wont need to have a account in LLP's name ? what about PAN card ?
the biggest hurdle is regarding the red tape and legal issues in India , if you can take care of those this is a huge demand for a service like this ( you have to scale hup your market and give an awesome experience before stripe decides to come in India )
good look , would love to be in contact :)
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#76hey , congrats for getting into YC , our Indian market greatly need a awesome and friendly payment gateway provider few things i would like to ask • how many people are currently employed in razorpay , what about customer service? • integration with magento , woocommerce etc is available right away ? • do you provide wallet services ? , and what about legal issues regarding storing card info ? i see you are pci clear…
- We are a small team right now, but we can assure you will get better service than many of the large companies
- Yes integration with shopify, magento, woocommerce, opencart, cscart, nopcommerce, whmcs etc. is already available.
- We are PCI Certified but we do not store card numbers and we do not provide wallet service at this time.
- Yes, all CC/DC are supported
- You will need the bank account in the name of your business. What we mean is you don't need a separate merchant account for accepting payments which some bank gateways ask you for.
Yes, that's what our aim is, to protect the customers from the red tape and complex regulatory issues while providing a clean integration experience.
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#77heyy congrats harshil a long way to go
many startups are gonna place trust in you ( including mine) , ball is in your court , win them over good luck
P.S what will be procedure of shifting from CC avenue to razorpay
and get wallet service as soon you can
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#78hey , congrats for getting into YC , our Indian market greatly need a awesome and friendly payment gateway provider few things i would like to ask • how many people are currently employed in razorpay , what about customer service? • integration with magento , woocommerce etc is available right away ? • do you provide wallet services ? , and what about legal issues regarding storing card info ? i see you are pci clear…
- We are a small team right now, but we can assure you will get better service than many of the large companies - Yes integration with shopify, magento, woocommerce, opencart, cscart, nopcommerce, whmcs etc. is already available. - We are PCI Certified but we do not store card numbers and we do not provide wallet service at this time. - Yes, all CC/DC are supported - You will need the bank account in the name of your…
thanks and good luck
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#79Co-founder Harshil here. We built this when we saw how the payments experience was a mess in India compared to the western world. The payments in India are much more complex than USA and Europe because of the strict regulation, multiple payment methods and unreliable bank gateways among other things. Consequently, the on-boarding experience sucks and failure rates are in double digits. We aim to tackle these issues a…
How do you handle recurring payments without the user having to enter their PIN (or whatever again). I'm talking about subscriptions like in Stripe?
Also, how do you get around the step where the user is redirected to the bank page to enter the 3D secure pin / internet banking password / IPIN?
Re: Razorpay (YC W15) offers Stripe-style payment experience in India
#80Where can I try your payment experience? The TC article says you're live on Shifter, NanoWE & Zostel. But, Shifter doesn't seem to have an online payment option, Zostel redirects me to PayU and cannot find anything to buy on NanoWE.
shifter.in has online payment option which becomes visible to customers only if they have payment due. Once the customer completes the trip, he/she can login and pay via razorpay.