About Smart Collect
Create Customer Identifiers on-demand for customers to pay via NEFT, RTGS and IMPS using Smart Collect.
Using Smart Collect, you can create customer identifiers on demand, which can be used to receive payments through NEFT, RTGS and IMPS. These identifiers are linked to your registered bank account, and you can conveniently monitor customer payments and receive notifications through Razorpay, who takes care of payment reconciliation.
Handy Tips
Payments made using Smart Collect largely follow existing Razorpay
. If you are new to Razorpay, it is recommended to understand this flow before you proceed to read the document.Third Party Validation
Smart Collect also supports Third Party Validation. To know more, refer to the
section.-
Instant Creation
Generate Customer Identifiers in real-time via the Dashboard and APIs. -
Multiple Payment Avenues
Enable customers to make payments via NEFT, RTGS and IMPS. -
Automatic Reconciliation
Eliminate the difficulty of manual reconciliation and save time and cost. -
Account-level Visibility
View and manage every payment received from customers. -
Real-time Notifications
Get real-time notifications on payments with Webhooks.
Go through Smart Collect Use Cases for more understanding.
- Ensure that you do not fall under the
Individuals
merchant category as Smart Collect is not available for this Merchant Category Code (MCC). - Read and understand the and have the for Smart Collect handy.
- Ensure that the business use case is well charted. Smart Collect supports many customers - one account and many customers - many accounts models.
- Raise a request through a Point of Contact (POC) or the Dashboard to enable Smart Collect for your account.
- Raise a request through a Point of Contact (POC) or the Dashboard to enable Smart Collect TPV for your account.
- Do check the which support Smart Collect with TPV.
Check the
.Razorpay Smart Collect is supported on the following platforms:
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