Frequently Asked Questions

What is Recopays?

Recopays is here to give you an easy payment solution; all you need is a One-Click Checkout and customers can purchase anything! It’s fast, simple and reduces shopping cart abandonments for all stakeholders in the online shopping domain.

Recopays is here to reduce shopping cart abandonments for stakeholders in the online shopping domain. It enables online businesses, technical service providers, financial institutions among others to offer BNPL and Payments services to their customers at the point of online purchase.

Why should I choose Recopays for my online business?

Recopays will accelerate your business growth with :

1) Lower abandonment rates at the checkout page for higher conversions

2) One-Click Checkout for better customer experience

3) Top Buy Now Pay Later options in one place increasing customer trust and enabling affordability

4) Multiple Payment Gateways with a single integration, reducing technical complexity while maintaining high availability

5) Single dashboard to manage and track all your transactions

Who are the people behind Recopays?

Recopays is co-founded by Amit Bansal and Anurag Pandey. Both of them are seasoned payments and fintech professionals and have worked together for 5 years across Citrus Pay and PayU. Recopays is backed by marquee global investors and individuals with deep expertise in the fintech and payments space.

How can I get a payment gateway?

You can get multiple payment gateways with Recopays by submitting your business details and completing the KYC process. Just create an account now to start accepting payments online using Recopays checkout with multiple payment gateway providers.

What are the payment modes available on Recopays?

Recopays gives you a wide range of payment options. Every customer will see a personalised payment option with the quickest one on top.

Which payment gateway service providers are supported on Recopays?

Currently, we support Razorpay, PayU, Cashfree, Paytm payment gateways. We are adding more payment service providers. You just have to integrate once, newer options will be auto-enabled from the backend.

What are the pay later options supported by Recopays?

Currently, we support Lazypay, ICICI Pay Later, Pay with Cred, Ola Postpaid

We are adding more Buy Now Pay Later providers. You just have to integrate once, newer options will be auto-enabled from the backend.

How can I start accepting international payments with Recopays?

We support international payments acceptance for most registered businesses. All you need to do is signup on Recopays and keep your documents and website ready.

What are the documents required for international payments?

You can check the list of documents required for international payments here. Approvals for international payments acceptance is at the discretion of our payment gateway partners.

How long does it take to activate the international payment acceptance via Recopays?

Approval for international payment acceptance is subject to the risk check and approvals of our payment service provider partners

What is the settlement cycle for international payments?

The settlement cycle for international payments varies from T+2 to T+7 days where "T" is the day on which the payment was made by the customer. This duration is decided by our payment service provider according to their risk assessment process. You can view your settlement cycle on your Recopays Dashboard.

How does the settlement happen for international payments?

The Settlement currency is INR (Indian Rupees) for all transactions done using Recopays. Thus, international payments are settled in INR.

What are the steps to integrate the payment gateway on my website?

Our Checkout library provides a simple integration with your website to accept payments. You can open our checkout either as a modal window above your page or can simply redirect to our checkout and get control back using a callback URL.

What is the role of Recopays?

Recopays acts as a technology service provider by creating a link between your website/ app and the respective payment method providers or payment service providers.

Who will handle payment settlements?

The settlement will be done by your payment method provider or payment service provider. We will provide a common dashboard providing transaction reports and various other features and functionalities to enable efficient business operations at your end.

Who will provide the tax invoice and tax certificates?

You can easily download it from the Recopays dashboard

Is customized pricing available for integrating the payment gateway?

Yes, customized pricing is available for business with a high transaction volume