Frequently Asked Questions (FAQs)
Find answers to frequently asked questions about axio.
Cardless EMI allows your customers to convert their payment amount to EMIs without a debit or credit card.
axio is a cardless EMI payment partner. Customers can register with axio during the payment flow on the Razorpay Checkout.
The ease of customer sign-up differentiates axio from others. New axio customers can register directly on the Razorpay Checkout and complete the payment.
Mobile number, PAN number, DOB and Aadhar number are required for registration. The mobile number and Aadhaar number are verified via OTP at registration.
We charge 3% as the platform fee for cardless EMI transactions by default. The same applies to axio.
The maximum transaction amount is ₹40,000. The minimum transaction amount is ₹900.
axio decides dynamically after evaluating the customer's profile.
Yes, the customer must pay the first month's installment as advance EMI.
axio will remind the customer every month before the repayment due date by auto-raising a request on the UPI app, with the UPI ID used to make the advance EMI payment.
The standard process of claiming
at Razorpay is followed.For more detailed information on axio's lenders and product offerings, refer to
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