How To Accept Online Payments On Website | Free Payment Gateway (2024)

Summary

This tutorial video guides viewers on integrating a free payment gateway into their WordPress website using Razorpay. It covers the sign-up process, setting up payment options like links, invoices, and custom payment pages, and explores features like subscriptions, QR codes for touch-free payments, and smart collect. The video also touches on customer offers, checkout reports, and the integration of various e-commerce platforms for a streamlined payment experience.

Takeaways

• 🌐 Razorpay is a free payment gateway service that can be used to accept online payments on websites.
• 📝 Users can sign up for Razorpay using their email address or by continuing with a Google account.
• 🔑 After signing up, you need to provide your full name, contact number, and business details to activate your account.
• 💻 The service allows you to add your website URL and accept payments directly from it.
• 📋 Razorpay offers various payment options including payment links, invoices, and payment pages which can be customized.
• 💼 It is suitable for small businesses or those not looking for a complex payment setup.
• 🔄 Razorpay provides a feature to split payments into different accounts, which can be beneficial for non-registered businesses.
• 🔒 The platform supports various payment methods including QR codes for touch-free payments, which is increasingly popular.
• 🔄 Subscriptions can be set up for recurring payments, and Razorpay can automatically charge customers on the subscription date.
• 📊 Razorpay provides a comprehensive report section where you can track payments, settlements, and other business transactions.
• 🛠️ The platform also offers integration with various website developers and project management software for a unified business operation.

Q & A

What is the purpose of the video?

The video is a tutorial on how to accept online payments on a website, specifically a WordPress site, using a free payment gateway method called Razorpay.

How does one begin the process of setting up Razorpay for their website?

The process starts by visiting razorpay.com and signing up, either by entering an email address or continuing with a Google account.

What personal information is required during the Razorpay signup process?

During the signup, one needs to provide their full name, phone number, and complete the account activation process.

What is the significance of adding a business overview in Razorpay?

Adding a business overview helps in setting up the account, providing details about the nature of the business, such as it being a non-registered business in the fashion and lifestyle sector.

How does one link their website to Razorpay?

To link a website, one should go to the Razorpay dashboard, enter the website URL under the 'Accept Payment' section, and click 'Save and Next'.

What are the basic details required after linking the website to Razorpay?

After linking the website, one needs to enter PAN (Permanent Account Number) details and the PAN holder's name.

What are the different payment setup options available in Razorpay?

Razorpay offers options like payment links, invoices, payment pages, and the ability to split payments into different accounts.

How can one create an invoice using Razorpay?

To create an invoice, one should click on 'Create Invoice' in Razorpay, fill out the required details, and then send it to customers.

What is a payment page in Razorpay and how can it be customized?

A payment page is a customizable page for accepting payments that can be created using Razorpay's templates. It can be customized with a page title and other details to match the website's look and feel.

How does Razorpay support subscription-based payments?

Razorpay allows setting up subscriptions where customers can be automatically charged on a recurring basis, such as monthly, for their subscriptions.

What is the advantage of using QR codes for payments in Razorpay?

QR codes in Razorpay facilitate touch-free payments, which is a preferred method for many people. They can be created for specific items with a fixed amount, simplifying the payment process for both the seller and the buyer.

How can one integrate Razorpay with their e-commerce platform?

Razorpay can be integrated with various e-commerce platforms like Shopify, WooCommerce, and Wix through the 'App Store' section in the Razorpay dashboard.

What kind of reports and analytics are available in Razorpay for business owners?

Razorpay provides reports on payment links, settlements, transfers, and other e-commerce details, allowing business owners to track and analyze their financial activities.

Outlines

00:00

🛒 Setting Up a Free Payment Gateway for Your Website

This paragraph outlines the process of accepting online payments on a website, specifically a WordPress site, using a free payment gateway. The tutorial begins with signing up on razorpay.com using an email address or a Google account. It then guides the user to enter personal information, business details, and to activate the account. The user is instructed to add their website URL to the payment gateway and input PAN details. The video also covers setting up payment links, invoices, and payment pages to customize the payment experience. It touches on the option to split payments into different accounts, which can be beneficial for non-registered businesses looking to manage finances discreetly.

05:02

🔄 Advanced Payment Options with Razorpay

The second paragraph delves into the advanced features of Razorpay, such as setting up subscriptions for recurring payments, generating QR codes for touch-free payments, and utilizing smart collect for tax-related payments. It also discusses the ability to offer customer discounts and checkout rewards to encourage repeat business. The paragraph concludes with an overview of the reporting features available in Razorpay, which allow users to monitor payment links, settlements, transfers, and overall business performance. Additionally, it mentions the integration options available in the app store for combining Razorpay with various website development and project management platforms, streamlining the payment acceptance process.

Keywords

💡Online Payments

Online payments refer to the transfer of funds from one party to another via the internet. In the context of the video, it is the method by which businesses can receive money from customers on their websites. The script discusses setting up a system to accept these payments using a free payment gateway, which is essential for e-commerce operations.

💡Payment Gateway

A payment gateway is a service that authorizes payment transactions between a merchant and a customer. The video script introduces Razorpay as a free payment gateway option, which is a crucial component for businesses to accept online payments on their websites without incurring high fees.

💡Razorpay

Razorpay is a specific payment gateway mentioned in the script that offers services for accepting online payments. The video provides a step-by-step guide on how to sign up and use Razorpay to facilitate payments on a WordPress website, highlighting its ease of use and free service as a key benefit.

💡WordPress Website

A WordPress website is a website built on the WordPress content management system, which is popular for its ease of use and customization options. The script focuses on integrating Razorpay with a WordPress site to enable the acceptance of online payments, demonstrating the platform's flexibility for e-commerce.

💡E-commerce

E-commerce refers to the buying and selling of goods or services using the internet, as well as the transfer of money and data to execute these transactions. The video's theme revolves around setting up an e-commerce business by accepting online payments, with a focus on simplicity and cost-effectiveness.

💡Invoice

An invoice is a commercial document that itemizes a transaction between a buyer and a seller. In the script, Razorpay is used to create invoices that can be sent to customers, which is a common practice in e-commerce for requesting payment for goods or services provided.

💡Payment Links

Payment links are URLs that direct customers to a payment page. The video script explains how to create these links using Razorpay, allowing customers to make payments for products or services directly from the link, which simplifies the checkout process.

💡Payment Pages

Payment pages are web pages designed for customers to enter their payment information securely. The script describes how to create customized payment pages with Razorpay that match the look and feel of a business's website, enhancing the customer's experience and trust.

💡Subscriptions

Subscriptions refer to a business model where customers pay a recurring fee to receive products or services. The video mentions setting up subscription payments with Razorpay, allowing businesses to automate recurring billing for their customers.

💡QR Codes

QR codes are two-dimensional barcodes that can be scanned to display information. In the context of the video, QR codes are used for touch-free payments, providing a convenient and hygienic payment method, especially relevant in the current digital and health-conscious environment.

💡Smart Collect

Smart Collect is a feature mentioned in the script that allows businesses to collect payments in a streamlined manner. Although not detailed in the transcript, it implies a more efficient collection process, possibly with additional features like automated reminders or payment tracking.

Highlights

Introduction to accepting online payments on a WordPress website using a free payment gateway method.

Sign up process on razorpay.com using email or Google account.

Entering personal information for account setup on Razorpay.

Activating the account and providing business overview on Razorpay dashboard.

Adding website URL to Razorpay for accepting payments.

Setting up payment details including PAN numbers and holder's names.

Customizing payment setup with options like payment links, invoices, and payment pages.

Creating invoices on Razorpay for customer payments.

Utilizing payment links for international purchases.

Building a customized payment page with Razorpay templates.

Options for splitting incoming payments into different accounts.

Setting up subscriptions for recurring payments.

Creating QR codes for touch-free payments.

Smart collect feature for tax and payment management.

Integrating Razorpay with various website developers and project management software.

Providing offers and checkout rewards to customers for increased purchases.

Accessing reports on payments, settlements, transfers, and e-commerce details.

Concluding the video with a summary of Razorpay's features and encouraging viewer engagement.

Transcripts

how to accept online payments on your

website free payment getaway hey guys

welcome back to the youtube channel in

this video i'm going to be showing you

how you can accept online payments on

your website on your wordpress website

uh using this free payment getaway

method so let's get into it now the

first thing that you're just going to do

is you're going to go on to razorpay.com

and from here you're just going to click

on sign up over here now what you're

going to do is you're just going to

enter your email address or you can

continue with your google account so i'm

just going to

continue with my google account over

here and i'm just going to sign up with

google and this is a very simple and

easy way for you to enter a payment

getaway for your website especially if

you're not looking to you know make it

too fancy if you just want a simple

little business and you want a simple

little detail so what you're going to do

is you're going to enter your full name

and then you're just going to enter your

number so i'm just going to do that and

once you enter your number you're just

going to begin your signup process like

once that is done you're going to be on

your dashboard and you can begin setting

up so you can click on activate your

account and then you can give your

business overview so this is a

non-registered business this is fashion

lifestyle you can add a description like

um

my first

e-commerce

business so you can just enter that like

so

and

i'm just gonna fill this out with a

little bit of characters now what you're

going to do is how do you wish to accept

payment so you are going to say add your

website and then you're just going to go

onto your website so i'm just going to

go on to my website i'm going to go with

my wix website over here and i'm going

to click on select site over here and

i'm just going to copy the url you can

copy whatever url you have for whatever

website so it could be any kind of

website that you're using and i'm just

going to take the live url i'm going to

copy that

and i'm just going to enter it on raise

your pay and now i'm going to click

accept payments on app if you have an

application for your store you can add

that as well then you're just going to

click on save and next and now you're

just going to enter your pan numbers and

pan holders names so you're just going

to enter all of these basic details and

i'm just going to do that and i'll get

back to you guys in a second so once you

do that you're going to be ready to go

so from here you can actually begin

setting up how you want your payment

setup to look like so it includes your

payment details payment links payment

pages so on your left you see this

entire little navigation panel and what

you're just going to do is you're going

to click on payment links or invoices

you can begin from there and then you

can take a look at how the invoices are

so you're just going to click on create

invoice and then you're going to

continue on over here and now you can

see over here with razor pay you have

this cute little invoice that you just

have to fill out and you can send it to

any of your customers now below that you

have payment links as well so you're

just gonna skip and get started and you

can see over here you have payment link

status and your customers can make you

know international purchases off your

website as well now after that you have

your payment pages and with payment

pages you can build a very customized

payment page with your own website so

let's say if you want you know your

entire website to look very um cohesive

so you can click on create payment page

and you can just choose one of their

templates and begin creating your own

payment page so

let's say this is a create your own so

you can enter your page title you can

enter what you want it to look like all

of those details you can fill out from

over here now below that you have your

payment button and what you're going to

do with the payment button is that you

can just um set up the look of the

button it's a very simple and easy and

intuitive process obviously if you're

using something like wix you can just

use the wix website editor to edit these

things out however you want them but if

you're using a wordpress website then

using razer pay might be the easier

option for you to you know just simplify

the overall process keep it simple nice

and easy and just to make sure you can

do the most before you actually have to

you know

pay for it in a wordpress or all of that

stuff so after that you have the route

of payment so you can easily split

incoming payments into various different

accounts so this is another way if

you're not a registered merchant so if

you haven't registered your business on

any platform yet then you can easily

check out uh how to split money in

different accounts in that way it's a

lot less likely that you're going to be

taxed or anything like that is going to

happen so that is one way to keep sure

that your business is it means you know

um under the radar if you want to keep

it that way if you are running it if you

just haven't registered your business

for tax reasons or for whatever reasons

now after that you have your

subscriptions and whenever a person

subscribes to an online offer you can

set those up with marriage your pay as

well so not only can you set up one-time

payments but you can also set up your

own subscription store so you can click

on read more over here you can click on

get started and whenever the date for

your subscription arrives so whenever

it's like 3rd of march or 3rd of april

3rd of may the person automatically is

charged once more for the subscription

box or whatever kind of subscription

that they have opted for now below that

you have qr codes as well and with qr

codes you can easily adapt to um touch

free payments and a lot of people are

really preferring qr codes for their

payment method so you can just click on

over here and you can see that you have

these different labels and you can click

on create qr code and you can add single

payment and you can only accept a fixed

amount on this qr so let's say there's

one item that is for 78 and you can just

click on over here and create a qr

specifically for that item and link it

to that item on your e-commerce store

just for you to be able to provide this

new method of payment as well for anyone

that is interested and that like gives

you like three to four basic versions of

payment methods on raise your pay and

that is like pretty impressive because

to all payment methods you don't get

that many options this is the basic bank

transfers and visa checkouts but with

razer pay you're gonna be able to get a

lot more out of the simple little

application that it is so after that you

have your smart collect as well so if

you want you can use this i personally

don't like to use this depending on the

kind of business you have it might be

helpful for you if you're paying like

taxes and whatnot that this is like

probably the better route for you to go

down with now after that you have

customers offers and checkout reports so

you can drag customers over here and you

can provide different bundled offers

over here as well so let's say if you

want to give like a discount on qr

payments you can provide it from here

and then you have checkout rewards as

well and you can give them like a small

little coupon whenever they check out to

your customers and that enables them to

purchase more from you now below that

you have your report section and over

here you can just take a look at your

payment links rehearsal uh your

settlements uh your transfers and all of

your business details or e-commerce

details you can find them all over here

and below that you have your my accounts

all of your account settings then your

basic settings and then you have a app

store as well so in your app store what

you can do is you can integrate

different website developers so you can

see shopify you can see woocommerce you

can see wix you can see like quite a few

you can also integrate your project

management softwares over here as well

and in that way you can just have a

all-in-one platform integrated into each

other so you can just work with your wix

website to um accept payment directly

off of razer pay and just customize it

accordingly from one setup instead of

two so that was it for today i hope you

guys found this video helpful make sure

to leave a like and subscribe to the

youtube channel and i will catch you

guys in the next video