Payment Integration: Razorpay (for India)
Duncan Hamra
1) The problem → I referred MS to a bunch of people, and every single one of them had the same reason not to go ahead with it - the payment gateway. In India, a vast majority of people have moved past credit/debit cards and use something called UPI (United Payments Interface). They make payments via their phone number. And Stripe in India doesn’t support UPI, so there is the likelihood of huge drop-off at the PoS. We’re facing the same issue too in fact, and wondering how we can get around it.
2) Why is this important → In India, a vast majority of people have moved past credit/debit cards.
3) What's your plan B → Currently researching
4) Possible solutions we could build for you →
a) The solution for you guys is rather simple, there’s a payment gateway called Razorpay (https://razorpay.com) that can be used instead of Stripe and they support all sorts of payment (Net Banking, UPI, Credit, Debit, etc.) So if Indian customers could link to Razorpay just as they might link with Stripe, it would be amazing.
b) Alternatively, Google Pay (one method of UPI payment) is supported by Stripe as well. Maybe you can just figure out how to integrate that into MS checkout - might be easier.
Naitik Mehta
open
MS Bot
Comment from Sahil
"The major issue here is, only 3% of Indians possess credit cards. And recurring subscriptions on any online service just don’t accept anything other than credit cards here. That is why UPI, and subsequently UPI autopay is such a big deal in India."
Akshith Manjunath
Integrating RazorPay natively will be a game changer for all India based businesses. Is there a plan in this direction ?
Duncan Hamra
Akshith Manjunath: We're looking into adding more payment gateways, but it's rather complex. Would you be able to build your own integration via their API? Or would you need Memberstack to provide that for you?
Akshith Manjunath
Duncan Hamra: Hey Duncan, nothing like it if it is natively integrated with Memberstack.
S
Sunny Godhwani
Duncan Hamra: Hi Duncan, I am based out of India. Would you be able to explain how can i build my own integration with Razorpay?
Naitik Mehta
Sunny Godhwani: Hi Sunny! There isn't a way to directly build in a Razorpay integration with
Memberstack
.Meanwhile, an option is to set up Razorpay on your website/application to accept payments, and use Memberstack only for the authentication side of things.
We'll continue to explore adding more payment gateways once Memberstack 2.0 is up and running. 🙌
S
Sunny Godhwani
Naitik Mehta: Hi Naitik, Thank you for clarifying. Looking forward to Memberstack 2.0. Good luck!