About Subscriptions
Use Razorpay Subscriptions to accept recurring payments from your customers. Check the available billing models and the supported currencies.
You can use Razorpay Subscriptions to set up and manage recurring payments. These recurring payments are payments that:
- You can charge as per a billing model defined that you define.
- Do not require any intervention from the customer as the process is automated.
You can automatically charge customers based on a billing cycle that you control. It allows you to easily create and manage Subscriptions and get instant alerts on payment activity as well as the status of Subscriptions.
Razorpay automatically handles the invoicing for all Subscriptions.
Below are the steps to get started with Subscriptions:
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A Plan is the base of a Subscription. A Plan contains all the information about the services, such as the amount and the billing cycle. -
You can create a Subscription after creating a Plan. A Subscription contains Plan details, start date, number of billing cycles and other information.
Subscriptions supports three different billing models:
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Fixed Schedule and Fixed Amount
The customer is charged a fixed amount at fixed intervals for a fixed quantity of goods or services. This is done by creating a Plan with a fixed amount and billing frequency and then creating a Subscription based on this Plan. -
Fixed Schedule and Fixed Amount plus
The customer is charged a fixed amount at fixed intervals but can avail of extra goods or services by paying an extra charge for them. This is done by creating a Plan with a fixed amount and billing frequency and then creating a Subscription based on this Plan. The extra goods or services availed can be added to the Subscription. -
Fixed Schedule and Variable Amount
The customer is charged at fixed intervals according to their usage in the defined time interval. Here, the Subscription amount and the quantity of the goods or services are not fixed. This is done by first creating a Plan with a fixed amount (this can be as low as $1.00) and a billing frequency. You proceed to create a Subscription based on this plan and charge the customer a variable amount based on their usage.
Razorpay Subscriptions is supported on the following platforms:
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