{"id":25115,"date":"2025-12-23T16:49:30","date_gmt":"2025-12-23T11:19:30","guid":{"rendered":"https:\/\/blog.razorpay.in\/blog\/?p=25115"},"modified":"2026-02-03T15:39:47","modified_gmt":"2026-02-03T10:09:47","slug":"1099-vs-1042s-tax-forms","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/1099-vs-1042s-tax-forms\/","title":{"rendered":"1099 vs 1042-S: Understanding IRS Forms for U.S. and Foreign Payments"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Managing <\/span>international payments already involves several layers: currency conversion, banking costs, timelines and regulatory checks. When a U.S. client enters the picture, another layer gets added: international tax forms. These come into play if your client needs to report payments made to you or apply withholding tax based on your tax residency.<\/p>\n<p>These requirements bring two IRS forms into focus: Form 1099 and Form 1042-S<span style=\"font-weight: 400;\">. You don&#8217;t file these forms yourself, but your U.S. client may ask for certain information to complete their reporting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this article, you\u2019ll learn how these forms are used by U.S. payers, when withholding tax may apply and what Indian exporters should know before receiving payments from U.S. clients.\u00a0\u00a0<\/span><\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0 0 8px 0; display: inline-block;\">Key Takeaways<\/h2>\n<ul style=\"display: inline-block; margin: 0 0 0 10px; padding-left: 18px; vertical-align: top;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Forms 1099 and 1042-S are not filed by Indian exporters, but understanding them helps you provide the right documentation and avoid unnecessary tax deductions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Your tax residency and the location where work is performed determine which form the U.S. payer will use and whether withholding tax applies.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">W-8BEN \/ W-8BEN-E forms are essential for confirming foreign vendor status and preventing wrong classification as a U.S. taxpayer.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Razorpay MoneySaver Export Account simplifies the final step; it enables multi-currency collection, cuts forex costs, generates eFIRC automatically, and more.<\/span><br \/>\n<b><\/b><\/li>\n<\/ul>\n<\/div>\n<h2><b>Understanding IRS Form 1099<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Form 1099 is used to report income paid to U.S. individuals or entities that are not treated as employees. It ensures that payments outside regular payroll are tracked and reported accurately to the IRS. When issued correctly, it provides a clear record of income and helps maintain compliance during audits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It is not a single document but a series of information returns, each designed for a specific type of income.<\/span><\/p>\n<h4><b>Key points to understand:<\/b><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Form 1099<\/b><span style=\"font-weight: 400;\"> is used to report income paid to non-employee U.S. individuals and entities for services, rent, investments and other income categories.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Form <\/span><b>1099-NEC<\/b><span style=\"font-weight: 400;\"> is specifically designed to report non-employee compensation and is widely used for freelance, agency and consulting work.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Form 1099-MISC reports miscellaneous income such as rent, royalties, prizes and legal payments made during a financial year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Form 1099-DIV is issued when dividends or certain investment earnings are paid<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A U.S. business usually issues a 1099 when the total payments in a calendar year reach USD 600 or more for eligible services or income.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">One copy of the 1099 goes to the payee, while the IRS receives another copy to match reported income and verify compliance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Businesses request Form W-9 from independent contractors, freelancers, and other vendors to collect legal details and the <a href=\"https:\/\/razorpay.com\/payroll\/learn\/tin-number-tax-identification-number\/\">Taxpayer Identification Number<\/a> (TIN), which is later used to prepare and file Form 1099 with the IRS for tax reporting purposes.<\/span><\/li>\n<\/ul>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0;\">Did You Know?<\/h2>\n<p><i><span style=\"font-weight: 400;\">The 1099 classification is strictly a U.S. tax concept and does not apply to workers, freelancers, or service providers based in India<\/span><\/i><span style=\"font-weight: 400;\">.\u00a0<\/span><i><\/i><\/p>\n<\/div>\n<h2><b>Understanding IRS Form 1042-S<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">When U.S. businesses pay foreign individuals or entities, they typically use IRS Form 1042-S to report the income. This form specifically applies to non-U.S. residents, making it highly relevant for Indians earning from U.S. sources. It ensures the IRS tracks cross-border payments and applies the correct withholding tax based on the recipient\u2019s tax status.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Form 1042-S covers a wide range of income types paid to nonresident aliens, foreign partnerships, corporations, trusts and estates. If you receive income from the U.S., there is a strong chance that your earnings fall under one of these categories.<\/span><\/p>\n<h4><b>Key points to understand:<\/b><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Form 1042-S is used to report U.S.-source income paid to nonresident aliens, foreign partnerships, corporations, estates, and trusts.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It typically covers income such as dividends, interest, royalties, rent, and compensation for services performed within the U.S. by foreign recipients.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Unlike Form 1099, Form 1042-S usually has no minimum reporting threshold \u00a0 even small payments may require filing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Payments reported on Form 1042-S are generally subject to a 30% U.S. withholding tax, unless reduced or eliminated through an applicable tax treaty.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To certify foreign status and determine treaty eligibility, businesses must collect Form W-8BEN (for individuals) or Form W-8BEN-E (for entities) from foreign payees.<\/span><\/li>\n<\/ul>\n<h2><b>1099 vs 1042-S: Key Differences for Accurate Tax Reporting<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Below is a quick comparison to help you understand which form applies to your situation and how it impacts withholding, documentation and compliance:<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Key Factor<\/b><\/td>\n<td><b>Form 1099<\/b><\/td>\n<td><b>Form 1042-S<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Recipient Status<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Used for U.S. persons, including citizens, green card holders, and U.S. businesses.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Used strictly for foreign persons and entities.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Withholding Rules<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Generally, no withholding applies unless backup withholding is triggered.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Withholding at source usually applies, typically at 30%, unless reduced by a tax treaty.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Reporting Thresholds<\/b><\/td>\n<td><span style=\"font-weight: 400;\">A $600 minimum threshold typically applies, such as for non-employee compensation.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">No minimum threshold exists\u00a0 even small U.S.-source payments may require reporting.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Required Documentation<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Requires Form W-9 to collect tax details and TIN.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Requires Form W-8BEN (individuals) or W-8BEN-E (entities) to certify foreign status and treaty eligibility.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Filing Deadlines<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Form 1099-NEC is due by 31 January each year.<\/span><\/td>\n<td><b>Form 1042<\/b><span style=\"font-weight: 400;\">-S is due by 15 March annually.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a style=\"background-color: #1a73e8; color: #ffffff; font-weight: 800; padding: 7px 15px; border-radius: 7px; font-size: 16px; text-decoration: none; display: inline-block; white-space: nowrap;\" href=\"https:\/\/razorpay.com\/international-payment-gateway-india\/?utm_source=blog&amp;utm_medium=referral&amp;utm_campaign=internationalpayments\">Explore Razorpay&#8217;s Global Payment Solutions<\/a><\/p>\n<h2><b>Navigating 1099 and 1042-S for Foreign Vendors in Specific Scenarios<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If you work with U.S. clients, the correct IRS form depends on two things \u00a0 where the work is performed and the tax residency of the recipient. A small change in location or status can change the reporting form and withholding requirements entirely. That\u2019s why determining whether the income is U.S.-sourced or foreign-sourced is crucial for choosing the right form.<\/span><\/p>\n<p><strong>Here are practical scenarios to help you understand the right documentation.<\/strong><\/p>\n<h3><b>Scenario 1: Indian Vendor Working Entirely from India<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">You provide services remotely, with no physical presence in the United States. In such cases, the income is treated as foreign-sourced, and the client does not issue Form 1099. Instead, they collect Form W-8BEN or W-8BEN-E to confirm your foreign tax status.<\/span><\/p>\n<p><b>Correct form &amp; documents:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/razorpay.com\/blog\/form-w-8ben-and-w-8ben-e\/\"><span style=\"font-weight: 400;\">Form W-8BEN \/ W-8BEN-E<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Invoice and service agreement<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank details for international transfer<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proof of foreign service delivery (email, scope of work, etc.)<\/span><\/li>\n<\/ul>\n<h3><b>Scenario 2: Vendor Travels to the U.S. to Perform Work<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Even a short trip to the U.S. for meetings, installation, shooting, or consulting can change the tax treatment. The income becomes U.S.-sourced, and the payer may need to issue Form 1042-S and deduct withholding tax.<\/span><\/p>\n<p><strong>Correct form &amp; documents:<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Form 1042-S<\/b><span style=\"font-weight: 400;\"> (issued by U.S. payer)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Valid passport and visa copies<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Travel dates and proof of U.S. presence<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">W-8BEN \/ W-8BEN-E (to certify non-U.S. tax residency)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax withholding details and rate applied<\/span><\/li>\n<\/ul>\n<h3><b>Scenario 3: U.S. Citizen or Green Card Holder Living Abroad<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Even if they live outside the U.S., they are treated as U.S. persons. If payment crosses the reporting threshold, the payer may issue Form 1099.<\/span><\/p>\n<p><strong>Correct form &amp; documents:<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Form 1099<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Form W-9 (instead of W-8BEN)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">U.S. Taxpayer Identification Number (TIN \/ SSN)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Income reported as U.S. income for IRS compliance<\/span><\/li>\n<\/ul>\n<h4><b>Why Classification Matters?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Misclassifying the recipient or using the wrong form can trigger IRS notices and penalties. The IRS cross-checks income using the forms it receives, and inaccurate reporting may raise compliance flags during audits.<\/span><\/p>\n<p><b>Common risks include:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Incorrect withholding rate<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Delayed payout<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Compliance queries from banks or payment partners<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Penalties for inaccurate reporting<\/span><\/li>\n<\/ul>\n<h2><b>Simplify International Payments With Razorpay MoneySaver Export Account<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Understanding IRS forms and documentation helps you respond correctly to U.S. clients \u00a0 but the next problem exporters face is payment settlement itself. Even after the right forms are handled, international transfers can still get delayed due to <a href=\"https:\/\/razorpay.com\/learn\/what-is-swift\/\">SWIFT<\/a> procedures, high forex charges or compliance checks at the bank.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This is precisely where the Razorpay <a href=\"https:\/\/razorpay.com\/blog\/money-saver-export-account\/\">MoneySaver Export Account<\/a><\/span> <span style=\"font-weight: 400;\">steps in \u00a0 it simplifies the final stage of the payment journey and makes cross-border payment faster, compliant and cost-efficient.<\/span><\/p>\n<h3><b>Receive Payments in Multiple Currencies Without Opening Foreign Accounts<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Razorpay\u2019s MoneySaver Export Account creates a virtual account in your name, allowing you to receive payments in currencies like USD, EUR, GBP and more. Your client simply pays through a local bank transfer in their own country, and Razorpay routes the funds through licensed banking partners before settling them directly in INR to your Indian bank account.<\/span><\/p>\n<h3><b>Transparent Pricing With Lower Forex Markups<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">One common pain-point for exporters is unpredictable exchange-rate deductions. Razorpay applies transparent rates and provides up to 75% lower charges compared to traditional wire transfers. Since there are no hidden forex markups, you retain more from every invoice raised.<\/span><\/p>\n<h3><b>INR Settlement to Your Existing Indian Bank Account<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">There is no need to maintain a foreign currency account or deal with conversion manually. Once the client makes the payment abroad, Razorpay converts it and settles it directly into your Indian bank account in INR \u00a0 often within a day. This simplifies cash flow tracking and makes accounting easier during tax filing.<\/span><\/p>\n<h3><b>Built-in Compliance and Auto-Generated eFIRC<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Exporters often face delays due to missing compliance documents such as the <a href=\"https:\/\/razorpay.com\/blog\/firc-certificate\/\">Foreign Inward Remittance Certificate<\/a> (FIRC). Razorpay automatically generates <a href=\"https:\/\/razorpay.com\/blog\/efirc-firc-brc-essentials-differences\">eFIRC<\/a> \/ <a href=\"https:\/\/razorpay.com\/blog\/e-fira\/\">FIRA<\/a> for every eligible international transaction, helping you stay compliant with RBI and audit requirements without manual paperwork.<\/span><\/p>\n<div style=\"background-color: #f5f9fc; padding: 32px 24px; border-radius: 12px; text-align: center; max-width: 720px; margin: 0 auto;\">\n<h2 style=\"color: #1a73e8; margin-bottom: 12px; font-size: 24px; font-weight: bold;\">Ready to simplify your international payment flow? <b><\/b><a style=\"background-color: #1a73e8; color: #ffffff; font-weight: 600; padding: 12px 24px; border-radius: 8px; font-size: 16px; text-decoration: none; display: inline-block;\" href=\"https:\/\/razorpay.com\/accept-international-payments\/bank-transfers\/?utm_source=blog&amp;utm_medium=referral&amp;utm_campaign=internationalpayments\"><em><strong>Razorpay MoneySaver Export Account<\/strong><\/em><\/a><\/h2>\n<\/div>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Proper <\/span>tax classification<span style=\"font-weight: 400;\"> is essential when working with U.S. clients \u00a0 even if you\u2019re not responsible for filing Form 1099 or 1042-S yourself. What truly matters is submitting the correct documentation, such as Form W-8BEN or W-8BEN-E, so that payments are processed smoothly and withholding tax is applied correctly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If all your work is carried out from India with no visit to the U.S., Form 1099 generally should not apply. But if you travel to the U.S. and work there physically \u00a0 even for a short period \u00a0 the income may be treated differently, and Form 1042-S may be used instead. Knowing this in advance helps you avoid confusion and ensures your payments remain compliant.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<h2><b>FAQs<\/b><\/h2>\n<h3><b>1. What is the main difference between Form 1099 and Form 1042-S?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Form 1099 is issued when payments are made to U.S. persons and businesses, while Form 1042-S is used when the income is U.S.-sourced but paid to foreign individuals or entities.<\/span><\/p>\n<h3><b>2. Is Form 1099 required for foreign independent contractors?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">No. If the contractor is not a U.S. person and all work is performed outside the United States, Form 1099 is generally not required. Instead, they should submit Form W-8BEN or W-8BEN-E to confirm foreign status.<\/span><\/p>\n<h3><b>3. Which form applies when a foreign contractor works inside the U.S.?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If services are physically performed within the United States, payments are usually reported on Form 1042-S and may be subject to withholding unless a tax treaty offers relief.<\/span><\/p>\n<h3><b>4. Are there income thresholds for these forms?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Form 1099 generally applies when total payments to a U.S. person reach USD 600 or more within a tax year. Form 1042-S, however, works differently. It is used for payments to non-U.S. persons, and there is usually no minimum threshold.<\/span><\/p>\n<h3><b>5. What are the filing deadlines?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The deadlines are different for each form. Form 1099-NEC must be filed by 31 January, while Form 1042-S must be filed by 15 March of every year.<\/span><\/p>\n<h3><b>6. What documentation needs to be collected?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">To issue Form 1099, businesses collect Form W-9 from U.S. persons. For Form 1042-S, foreign payees provide Form W-8BEN (individuals) or W-8BEN-E (entities) to confirm non-U.S. tax residency.<\/span><br \/>\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the main difference between Form 1099 and Form 1042-S?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Form 1099 is issued for payments made to U.S. persons and businesses, while Form 1042-S is used to report U.S.-sourced income paid to foreign individuals or entities.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Is Form 1099 required for foreign independent contractors?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"No. If the contractor is not a U.S. person and the work is performed entirely outside the United States, Form 1099 is generally not required. 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These requirements bring<\/p>\n","protected":false},"author":86,"featured_media":25698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1067],"tags":[],"class_list":{"0":"post-25115","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cross-border"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/86"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=25115"}],"version-history":[{"count":1,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25115\/revisions"}],"predecessor-version":[{"id":25116,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25115\/revisions\/25116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/25698"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=25115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=25115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=25115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}