Terms and Conditions for "Razorpay's Startup Campaign"
Eligibility criteria for the promotional pricing offer
The promotional offers are only applicable for merchants (registered or unregistered) who are signing up and transacting via Razorpay after 1st February 2020 00:01 AM and before 28th February 2021 11:59 PM [henceforth referred to as the "campaign period"].
Offers available to merchants under “Razorpay's Startup Campaign”
The various offers under the campaign are:
- All new sub-merchants referred will be activated at 1.7% MDR valid for their lifetime.
- INR 3,00,000 free credits on Razorpay payments products (Payment Gateway, Payment Pages, Payment Links, Payment Buttons, etc). These free credits will get consumed as and when the merchant makes transactions by Razorpay. For the time this offer is valid, there will be no fees charged for transactions by Razorpay until the Free Credits amount has been exhausted.
- Every partner will get INR 1000/stable merchant referred by them during the campaign period. Partner is eligible to earn referral bonus worth INR 1000 whenever an affiliate account added by the partner transacts a minimum of INR 2000 for 3 consecutive months from the date of sign up. Commission for these referred merchants would be 0.1% of the TPV and the partner needs to be at 1.9% & 2.9% commission slab as well.
Timeframe for the promotional pricing offer
Benefit (1) mentioned above is applicable to all merchants signing up on the platform during the campaign period and will carry lifetime validity. Benefit (2) mentioned above is applicable to all merchants signing up on the platform during the campaign period and expire on from 3 months of signup. Benefit (3) is available to all Razorpay Partners referring merchants during the campaign period.
Applicability to existing / old merchants
The promotional offer and benefits (1) and (2) are available only for those merchants that signup on Razorpay during the campaign period for the first time. Any merchant who has already signed up for Razorpay before the campaign period will not be eligible for any of the offers under this promotion. Benefit (3) is available to all Razorpay Partners old or new.
Other Terms & Conditions
All signups will be governed by the overall Terms & Conditions of Razorpay. Razorpay reserves the right to change these terms and conditions at any time without any prior notice.
For any queries, please feel free to contact support by clicking on this link and raising a ticket. We will be in touch with you as soon as possible.