What the gateway credits to the bank for the day (T+1), with every fee, matched to SAP orders.
| Time | Gateway payment | UTR / RRN | UPI ID | SAP order | Gross | NPCI MDR | Platform | GST | Net | Check |
|---|
NPCI MDR (regulated since 15 Oct 2026): nil to ₹2,000, 0.4% above, flat ₹300 from ₹75,000; the merchant pays it and may not pass it on. The gateway platform fee is negotiated per merchant (Razorpay's published plan is 2%; adjust under Demo controls). GST of 18% applies to the fees and is input credit. The gateway keeps its fee on refunds. The settlement document mirrors the bank credit: Dr Bank (net), Dr charges, Dr input GST / Cr UPI clearing (gross).