I am going to explain Magento 2 Payment gateway integration. When we talk about Magento Payment gateways then Razorpay payment gateways are one of the most usable gateways in the Magento eCommerce application. This application integration can help you to grow your business.
By integration of Razorpay payment gateways store, owners can enable payment to accept from customers. This app will also add automated payouts functionality for both vendors & employees.
Read More: List of Top 7 Best Payment Gateways
Available Best Options in Razorpay Gateways
Once you have created your profile and get verified with KYC from this application team then you can share payment links via a medium like an email, SMS, messenger, chatbot, etc. and by using those links anyone can pay and you will get that amount immediately in your account.
The business owner also can get paid by creating a payment page with zero coding. This functionality also has the option to accept international & domestic payments.
Another best option provided by Razorpay is anyone can accept by Create, Copy & Collect With Payment Button. Bu for this Collect one has plan which needs to subscribe in order to make and receive any payments.
There are various options for the users to subscribe to their plans according to the customer business needs with automated recurring transactions.
Split and Transfer Payments with Razorpay Route
The vendor also decides to split incoming payments automatically to vendor’s accounts which helps to manage the account.
Razorpay SmartCollect offers to their customer that add functionality to make real-time transactions like NEFT, RTGS, IMPS, UPI payments by using Virtual Accounts & UPI-IDs.
Steps to Integrate Razorpay Payment
Here, I am giving to step by step guide to integrate Razorpay payment gateways with Magento 2.
Step 1: Download Payment Gateyas Module
You can visit their official website to download Magento 2 extension or you can also download it from the official GitHub account of Razorpay gateway.
Step 2: Installation
Now run the below command in order to install this payment gateway module in Magento 2.
Paste your download code in the app/code/ directory of your Magento installation.
Now run these commands:
bin/magento setup:upgrade bin/magento setup:di:compile bin/magento setup:static-content:deploy -f bin/magento c:c
Razorpay Installation Via Composer
Install the extension through the composer package manager.
composer require razorpay/magento bin/magento module:enable Razorpay_Magento
Step 3: Razorpay Payment Gateway Configuration
Now, Go to Admin > Stores > Configuration > Payment Method > Razorpay
You should be able to see the Razorpay configuration here but If you do not see Razorpay in your gateway list, please clear your Magento Cache.
Now you have to login into your Razorpay dashboard and then generate API keys and enter in the above-shown fields.
Once you will do all the above settings then you will get options like the below image.
Now when you will do checkout then your screen will look something like the below image.
Now, you can enjoy the Razorpay payment gateways method in Magento 2.