{"id":808,"date":"2025-12-17T09:08:46","date_gmt":"2025-12-17T09:08:46","guid":{"rendered":"https:\/\/sg.blog.razorpay.in\/sg\/blog\/?p=808"},"modified":"2026-01-20T09:51:48","modified_gmt":"2026-01-20T09:51:48","slug":"merchant-referral-program","status":"publish","type":"post","link":"https:\/\/razorpay.com\/sg\/blog\/merchant-referral-program\/","title":{"rendered":"Razorpay Singapore Merchant Referral Program"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"808\" class=\"elementor elementor-808\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7c481846 e-flex e-con-boxed e-con e-parent\" data-id=\"7c481846\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-07590b1 elementor-widget elementor-widget-shortcode\" data-id=\"07590b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><nav aria-label=\"breadcrumbs\" class=\"rank-math-breadcrumb\"><p><span class=\"last\">Blog<\/span><\/p><\/nav><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f77f4cf elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"f77f4cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Razorpay Singapore Merchant Referral Program<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ddbe723 elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"ddbe723\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-aa3e886 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/razorpay.com\/sg\/blog\/2025\/12\/17\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-calendar\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M12 192h424c6.6 0 12 5.4 12 12v260c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V204c0-6.6 5.4-12 12-12zm436-44v-36c0-26.5-21.5-48-48-48h-48V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H160V12c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v52H48C21.5 64 0 85.5 0 112v36c0 6.6 5.4 12 12 12h424c6.6 0 12-5.4 12-12z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>December 17, 2025<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-ee68bf9 elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/razorpay.com\/sg\/blog\/author\/razorpay-singapore-editorial-team\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-far-user-circle\" viewBox=\"0 0 496 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M248 104c-53 0-96 43-96 96s43 96 96 96 96-43 96-96-43-96-96-96zm0 144c-26.5 0-48-21.5-48-48s21.5-48 48-48 48 21.5 48 48-21.5 48-48 48zm0-240C111 8 0 119 0 256s111 248 248 248 248-111 248-248S385 8 248 8zm0 448c-49.7 0-95.1-18.3-130.1-48.4 14.9-23 40.4-38.6 69.6-39.5 20.8 6.4 40.6 9.6 60.5 9.6s39.7-3.1 60.5-9.6c29.2 1 54.7 16.5 69.6 39.5-35 30.1-80.4 48.4-130.1 48.4zm162.7-84.1c-24.4-31.4-62.1-51.9-105.1-51.9-10.2 0-26 9.6-57.6 9.6-31.5 0-47.4-9.6-57.6-9.6-42.9 0-80.6 20.5-105.1 51.9C61.9 339.2 48 299.2 48 256c0-110.3 89.7-200 200-200s200 89.7 200 200c0 43.2-13.9 83.2-37.3 115.9z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\tRazorpay Singapore Editorial Team\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8591431 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"8591431\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"2560\" height=\"1422\" src=\"https:\/\/razorpay.com\/sg-blog-content\/uploads\/2025\/12\/SG-BANNER-scaled.jpg\" class=\"attachment-full size-full wp-image-809\" alt=\"\" srcset=\"https:\/\/razorpay.com\/sg-blog-content\/uploads\/2025\/12\/SG-BANNER-scaled.jpg 2560w, https:\/\/razorpay.com\/sg-blog-content\/uploads\/2025\/12\/SG-BANNER-300x167.jpg 300w, https:\/\/razorpay.com\/sg-blog-content\/uploads\/2025\/12\/SG-BANNER-1024x569.jpg 1024w, https:\/\/razorpay.com\/sg-blog-content\/uploads\/2025\/12\/SG-BANNER-768x427.jpg 768w, https:\/\/razorpay.com\/sg-blog-content\/uploads\/2025\/12\/SG-BANNER-1536x853.jpg 1536w, https:\/\/razorpay.com\/sg-blog-content\/uploads\/2025\/12\/SG-BANNER-2048x1138.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-890a1e4 e-con-full e-flex e-con e-parent\" data-id=\"890a1e4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3281479 elementor-widget elementor-widget-text-editor\" data-id=\"3281479\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><b>Terms and Conditions<\/b><\/h3><p><b><\/b><span style=\"font-weight: 400;\">Offer period: 19 December 2025 to 31 March 2026 unless extended or terminated earlier by Razorpay\u2019s sole discretion.<\/span><\/p><p><span style=\"font-weight: 400;\">As part of this referral program offer (\u201cOffer\u201d), Razorpay International Services Pte. Ltd. (\u201cRazorpay\u201d) is providing referral rewards to eligible Razorpay merchants (\u201cReferrer\u201d) who successfully refer new businesses (\u201cReferee\u201d) to sign up, complete onboarding and process the first S$1<\/span><span style=\"font-weight: 400;\">0,000 in successful transactions with Razorpay. This Offer is extended at Razorpay\u2019s sole discretion and is subject to the following Terms and Conditions. Razorpay reserves the right to determine the eligibility of any Merchant or Referee<\/span><\/p><p><span style=\"font-weight: 400;\"> By participating, You (\u201cMerchant\u201d) acknowledge and agree to the <\/span><a href=\"https:\/\/razorpay.com\/sg\/tnc\/\"><span style=\"font-weight: 400;\">Terms of Use<\/span><\/a><span style=\"font-weight: 400;\"> applicable to Razorpay services.<\/span><\/p><h3><b>1. Eligibility<\/b><\/h3><h4><b>1.1 Referrer Eligibility<\/b><\/h4><p><span style=\"font-weight: 400;\">To be eligible for the Offer, the Referrer must:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">be an active and fully onboarded Razorpay merchant in Singapore<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">have received the Offer invitation via email<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">submit referrals only through the official referral Google Form<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">provide accurate merchant details including Merchant ID<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">comply with Razorpay\u2019s Terms of Use<\/span><\/li><li aria-level=\"1\">Self-referrals, duplicate referrals or referrals of businesses already registered in Razorpay systems (including, without limitation, prior applications, partially onboarded entities) are not eligible.<\/li><\/ul><h4><b>1.2 Referee Eligibility<\/b><\/h4><p><span style=\"font-weight: 400;\">A Referee is eligible under this Offer only if all of the following conditions are met:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Referee may be a business based in Singapore or Malaysia, but must be a new business that has not been previously engaged with Razorpay or any Razorpay group entity and is not currently engaged, onboarded, registered, or otherwise listed in Razorpay systems.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the Referee is based in Singapore, it has a valid registration with Accounting and Corporate Regulatory Authority (ACRA).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the Referee is based in Malaysia, it has a valid registration with Suruhanjaya Syarikat Malaysia \u2013 Companies Commission of Malaysia (SSM).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Referee successfully completes the onboarding process including KYC and business verification for the relevant jurisdiction.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Referee processes the first S$10,000 or RM 10,000 in successful transactions within the Offer period, as applicable to the Referee\u2019s jurisdiction.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A website is optional, however supporting documents or listings may be required for verification.<\/span><\/li><\/ul><p>Referees who fail onboarding or validation requirements or are subsequently suspended or terminated will not be eligible for the Offer.<\/p><h3><b>2. Offer Details<\/b><\/h3><h4><b>2.1 Referrer Rewards<\/b><\/h4><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Each eligible Referrer under this Offer will receive Grab Rewards worth S$500 (digital Grab voucher delivered via email) upon meeting all program requirements.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rewards will be delivered by email as per reasonable timelines not exceeding 60 days after the Referee completes the first S$10,000 in successful transactions. Rewards cannot be exchanged for cash or alternative benefits.<\/span><\/li><\/ul><h4><b>2.2 Referee Rewards<\/b><\/h4><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Each eligible Referee will receive MDR fee waiver for the first S$10,000 in transactions<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">These fee waivers (\u201cAmount Credits\u201d) will be provided upon completion of onboarding and referral verification. Terms applicable to the use of Amount Credits shall apply.<\/span><\/li><\/ul><h4><b>2.3 Offer Duration<\/b><\/h4><p><span style=\"font-weight: 400;\">The Offer is valid from 19 December 2025 to 31 March 2026 (until 23:59 SGT) unless extended or terminated earlier by Razorpay, at its sole discretion. Rewards are issued only for Referees who complete onboarding and the first S$10,000 in successful transactions within this period.<\/span><\/p><h3><b>3. Referral Validation and Transaction Eligibility<\/b><\/h3><p><span style=\"font-weight: 400;\">Razorpay reserves the right, without notice or liability, to decline, verify or disqualify referral entries at its sole discretion, including but not limited to cases where:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">referral submissions contain incorrect or incomplete information<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the Referee is identified as a business previously or currently engaged with Razorpay Singapore, including (without limitation) previously onboarded, registered, or existing merchants<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the Referee fails onboarding requirements<\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"> the Referee does not complete the first S$10,000 in successful transactions within the required period<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">the referral is suspected to involve fraudulent, abusive or suspicious activity<\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"> any activity violates Razorpay\u2019s Terms of Use or applicable law or if the Referee&#8217;s merchant account is suspended or terminated prior to the reward disbursement date<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">Refunded or reversed transactions will not count towards the qualification amount. Razorpay may revoke the Offer immediately if it determines that any party has violated these Terms and Conditions.<\/span><\/p><h3><b>4. Offer Limitations<\/b><\/h3><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Offer is limited to qualified referrals only.\u00a0\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rewards are non-transferable and cannot be exchanged for cash.\u00a0\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Offer cannot be combined with any other Razorpay promotions or discounts unless expressly permitted.\u00a0\u00a0<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Razorpay may modify, suspend, or terminate the Offer at any time and for any reason without prior notice All reward options are subject to availability. Razorpay may replace reward options without prior notice.<\/span><\/li><\/ul><h3><b>5. General Terms<\/b><\/h3><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">All decisions made by Razorpay regarding referral validation, transaction eligibility, onboarding approval, and reward disbursement are final and binding.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Merchants must comply with all applicable laws and Razorpay\u2019s Terms of Use.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Razorpay may amend these Offer Terms and Conditions at any time at its discretion. Any updates will be communicated to participating merchants.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Razorpay shall not be liable for any loss, damage, or claims arising from participation in this Offer, reward delivery issues, or for any modification, suspension, or discontinuation of the Offer regardless of the cause. In no event shall Razorpay\u2019s liability under this Offer exceed the value of the reward offered to the Referrer.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Participation constitutes acceptance of these Offer Terms and Conditions.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Terms and Conditions Offer period: 19 December 2025 to 31 March 2026 unless extended or terminated earlier by Razorpay\u2019s sole discretion. As part of this referral program offer (\u201cOffer\u201d), Razorpay International Services Pte. Ltd. (\u201cRazorpay\u201d) is providing referral rewards to eligible Razorpay merchants (\u201cReferrer\u201d) who successfully refer new businesses (\u201cReferee\u201d) to sign up, complete onboarding [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-808","post","type-post","status-publish","format-standard","hentry","category-payments"],"_links":{"self":[{"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/posts\/808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/comments?post=808"}],"version-history":[{"count":21,"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/posts\/808\/revisions"}],"predecessor-version":[{"id":884,"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/posts\/808\/revisions\/884"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/media?parent=808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/categories?post=808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/sg\/blog\/wp-json\/wp\/v2\/tags?post=808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}