Route Use Cases

EdTech companies use technology to enhance teaching, learning, and educational processes.

Acme provides an online platform for tutors to offer their courses and classes to students. They are using Route in their system for timely and hassle-free payment transfers.

Here is how Route helps Acme:

Step 1: Tutor Registration and Course Creation
Tutors sign up on the Acme platform and create their courses with the enrolment fees or subscription charges for students.

Step 2: Students Enrolment
Students enrol for courses by making payments through the Acme payment gateway, which utilises Razorpay as the underlying technology.

Step 3: Fee Routing and Transfer
This is where Razorpay Route comes into play. Route platform allows Acme to transfer the received payment into two portions: the tutor’s share and the platform’s commission or service fee.

Ecommerce (electronic commerce) industries involve buying and selling products and services online.

Acme is a wholesale supplier, partnering with various suppliers and vendors to stock their inventory. They use Razorpay Route to simplify and automate supplier payment transfers.

Here is how Route helps Acme:

Step 1: Step 1: Supplier Registration and Verification
Suppliers register with Acme and get verified.

Step 2: Inventory Procurement and Invoicing
Acme procures inventory from various suppliers to stock its wholesale stores and place purchase orders with them, specifying the quantity and pricing of the products needed. Suppliers generate and submit invoices for the supplied products to Acme.

Step 3: Fund Routing and Disbursement
Razorpay Route splits the payment amount into the supplier's payment and Acme's commission or service fee. The supplier's amount is instantly disbursed to their registered bank account or the preferred payment method through Route.

These companies focus on developing, selling, and delivering information technology solutions and software products to businesses and individuals.

Acme offers quick and hassle-free loans to individuals through its digital lending platform. To ensure a seamless and efficient loan disbursement process, Acme uses Razorpay Route in its system.

Here is how Route helps Acme:

Step 1: Loan Application and Approval
Customers apply for loans through Acme's platform by providing the necessary information and documentation.

Step 2: Loan Disbursement Request
Acme initiates a loan disbursement request for the approved loan amount through Razorpay Route.

Step 3: Fund Routing and Disbursement
Razorpay Route helps Acme to split the loan amount into multiple portions, such as the principal amount, interest and so on and transfers the loan amount to the borrower's registered bank account.

Food as a business category involves various sectors and activities related to producing, processing, distributing, and selling food products.

Acme collaborates with multiple delivery partners who deliver pizzas to customers. To ensure smooth and efficient payment disbursements to their delivery partners, Acme uses Razorpay Route in their system.

Here is how Route helps Acme:

Step 1: Order Placement and Payment
Customers place their pizza orders through Acme Pizza's website or app and make the payment.

Step 2: Routing Payment
When the Acme outlet completes a delivery, Acme Pizza initiates a payment transfer request through Razorpay Route. The payment is split into the outlet's earnings and the platform's commission or service fee.