India’s digital economy is booming, with UPI driving 80% of all digital transactions and over 750 million RuPay cards in circulation. If you’re a global business selling to Indian customers, you need to speak their payments language – UPI, RuPay, and INR payments.
But here’s the challenge: most international payment gateways don’t support INR payments, and setting up a local entity in India takes months. This means missed revenue and frustrated customers.
So, what’s the fastest way to start accepting INR payments as a global business? Razorpay’s Import Flow.
With no local entity required, built-in INR-to-foreign currency settlements, and India’s best UPI stack, Razorpay makes it easy for international businesses to seamlessly accept INR payments from Indian customers and get paid globally.
The Problem: Why Accepting INR Payments is Hard for Global Businesses
A. UPI Dominates India’s Payments—But Most International Businesses Can’t Accept It
UPI is India’s default payment method, processing ₹18.41 trillion ($220B) in January 2024 alone. Yet, most global businesses can’t accept UPI payments because their payment providers don’t support it.
If you don’t offer UPI, Indian customers will abandon their carts.
B. RuPay is Expanding—But It’s Often Unsupported
India’s domestic RuPay card network is growing rapidly, and with RuPay credit now available on UPI, it’s becoming even more important. However, most global payment processors only support Visa and Mastercard.
If you don’t accept RuPay, you’re excluding millions of potential customers.
C. Setting Up a Local Entity is Slow and Expensive
To legally process INR payments, most international businesses are forced to:
- Set up a local Indian entity (which can take months)
- Deal with complex regulatory compliance
- Manage foreign exchange (FX) conversions manually
This means delays, high costs, and unnecessary headaches.
The Fastest Solution: Razorpay’s Import Flow
Razorpay’s Import Flow is the easiest way for international businesses to accept INR payments – without a local entity.
With Razorpay, you can:
- Accept INR payments via UPI, RuPay, debit & credit cards
- Settle payments in your international bank account in USD, EUR, GBP, etc.
- Skip local entity setup—go live instantly
- Maximize UPI & card success rates with India’s best payment infrastructure
How Razorpay’s Import Flow Works
A. Accept India’s Favorite Payment Methods Instantly
- UPI – The #1 digital payment method in India
- RuPay Cards – India’s domestic debit & credit card network
- Visa & Mastercard – Full support for international cards
- UPI Autopay – Enable subscriptions with seamless recurring payments
B. INR to International Settlement—No Local Entity Required
- Indian customers pay in INR
- Razorpay automatically converts INR to your preferred currency
- The amount is settled directly in your international bank account
No delays. No extra paperwork. Just seamless global payments.
C. Maximize Success Rates with India’s Best UPI Stack
- In-house UPI switch for the highest success rates
- Native OTP authentication for cards, reducing transaction failures
- Smart routing technology to optimize success
Why Razorpay’s Import Flow is the Fastest Way to Accept INR Payments
| Feature | Razorpay Import Flow | Traditional Payment Gateways |
| Accept INR Payments | ✅ Yes | ❌ No |
| Support UPI & RuPay Cards | ✅ Yes | ❌ No |
| Settle in Foreign Currency | ✅ Yes | ✅ Yes |
| Highest UPI Success Rates | ✅ Yes (In-house switch) | ❌ No |
| Enable Subscriptions | ✅ Yes (UPI Autopay) | ❌ No |
| Local Entity Required? | ❌ No | ✅ Yes (For INR Payments) |
Who Should Use Razorpay’s Import Flow?
- E-commerce brands selling to Indian customers
- SaaS companies looking to enable subscriptions in India
- Marketplaces expanding into the Indian market
- D2C brands shipping products to India
If your business wants fast, seamless INR payments, Razorpay’s Import Flow is the easiest and most compliant way to do it.
Conclusion: Accept INR Payments Instantly with Razorpay
India is a UPI-first economy, and if you’re an international business, you need to align with India’s payment ecosystem – or risk missing out.
With Razorpay’s Import Flow, you can:
-
- Accept UPI, RuPay, and INR payments instantly
- Settle funds in your international bank account
- Avoid setting up a local entity
- Maximize success rates with India’s best UPI and OTP-authenticated card payments
Start accepting INR payments with Razorpay today!
