[Write-up] Does the Studio have RazorPay business account, when created by PracticeNow?

Yes, teachers on our platform do operate through a Razorpay business account framework for payment collection and settlements.

However, this is not a fully independent, standalone Razorpay business account managed directly by Razorpay.

Our platform manages the onboarding, verification, compliance checks, and payout setup internally as part of our payment infrastructure.

Because the operational and compliance responsibility is handled by us, Razorpay does not require teachers to go through a separate direct merchant onboarding process with them.

This allows payments and settlements to remain streamlined while still operating within Razorpay’s business payment ecosystem.

You can always access your RazorPay Dashboard.

To know more about why RazorPay accounts are created by PracticeNow, refer here.

Updated on: 07/05/2026