BNYPay

Seamless payments for every business

Accept, collect and pay out with BNYPay

One payments partner for card, UPI, net banking and wallet payments, virtual-account collections, vendor payouts, payment links and UPI mandates — with a clear onboarding journey for your business.

Become a Merchant Explore solutions
  • Step-by-step onboarding
  • KYC/KYB verification

Illustrative interface with sample data — not a live account.

  • Payments

    Cards, UPI, net banking, wallets, collections and payouts.

  • Onboarding

    A clear, staged journey from application to activation.

  • Integration

    Developer resources to connect BNYPay to your product.

  • Support

    Help for sales, onboarding and merchant queries.

  • Risk controls

    Due diligence, KYC/KYB and ongoing monitoring.

Solutions

Six ways to move money for your business

Compare all solutions

BNY Collect

Collect bank transfers and UPI payments through virtual accounts and virtual UPI IDs.

  • Virtual bank accounts
  • Virtual UPI IDs
  • NEFT
  • RTGS
Explore solution: BNY Collect

Payouts

Send money to customers, vendors and partners from your business.

  • Payments to customers
  • Payments to vendors
Explore solution: Payouts

Vendor Payments

Handle marketplace transactions, split payments and vendor payouts.

  • Marketplace transactions
  • Split payments
  • Payouts
Explore solution: Vendor Payments

Payment Links

Share a link by email, SMS or chat and get paid without a full checkout integration.

  • Email
  • SMS
  • Messaging apps
  • Chatbots
Explore solution: Payment Links

UPI Mandates

Set up customer-authorised UPI mandates for recurring payments through APIs.

  • API-based UPI mandate solutions
Explore solution: UPI Mandates

Use cases

Built around how businesses get paid

Typical scenarios and the BNYPay solutions that fit them. Suitability for your business is confirmed during onboarding.

Online stores and D2C brands

Take payments at checkout, or send a link when an order is confirmed by phone or chat.

Payment Solutions Payment Links

Marketplaces and platforms

Collect from buyers, split proceeds and pay sellers or service providers.

Vendor Payments Payouts

B2B collections

Give customers dedicated account details so incoming bank transfers are easy to identify.

BNY Collect

Subscriptions and recurring bills

Collect recurring payments after the customer authorises a UPI mandate.

UPI Mandates

Selling through chat and social media

Share a payment link in the conversation where the sale happens.

Payment Links

Vendor and partner disbursements

Send payments to suppliers, agents and partners.

Payouts Vendor Payments

    Merchant onboarding

    From application to go‑live, in seven clear stages

    Every merchant goes through the same structured journey, so you know what comes next.

    See the full journey
    1. Stage 1

      Application

      Tell us about your business and how you plan to use BNYPay.

    2. Stage 2

      KYC/KYB verification

      We verify the business and the people behind it.

    3. Stage 3

      Business and website verification

      We review what you sell and where you sell it.

    4. Stage 4

      Risk assessment

      We assess whether the business fits our policies.

    5. Stage 5

      Documentation and agreement

      You review and sign the merchant agreement.

    6. Stage 6

      Approval and activation

      Your account is approved and switched on.

    7. Stage 7

      Ongoing monitoring

      We keep reviewing activity after go-live.

    Before you apply

    Have these ready and your application moves faster

    Open the full checklist
    • Business description
    • Products or services you sell
    • Business contact details
    • Website or app information
    • Terms & Conditions
    • Privacy Policy
    • Refund / Cancellation Policy, where applicable
    • Business and KYC/KYB documents

    Trust, risk & security

    Safeguards that protect merchants and their customers

    Merchant due diligence

    Businesses are reviewed before they can accept payments.

    KYC/KYB verification

    We verify the identity of businesses and the people behind them.

    Fraud risk management

    Controls designed to detect and reduce fraudulent activity.

    Transaction monitoring

    Transactions are reviewed for unusual patterns.

    Ongoing merchant monitoring

    Onboarding checks continue after go-live.

    Information security

    Safeguards to protect data and systems.

    How we approach trust, risk and security

    Business eligibility

    Check whether your business type can be supported

    Some business types cannot be supported, and others need extra review. The approved list of prohibited and restricted categories will be published on our eligibility page.

    View business eligibility

    Prohibited & restricted categories

    FAQ

    Questions merchants often ask

    Ask us something else

    Start by sending us an enquiry through the contact form. Our team will guide you through the onboarding journey: application, KYC/KYB verification, business and website review, risk assessment, agreement and activation.

    Requirements depend on your business type, so the exact list is confirmed during onboarding. Most businesses should expect to share business registration details, identity documents for authorised signatories and business bank details. See Before You Apply for a checklist.

    Payment providers usually review a merchant's website before activation, including its Terms & Conditions, Privacy Policy and, where applicable, its Refund/Cancellation Policy. Having these ready can help your application.

    It depends on your business and how quickly documents are provided. We do not publish a fixed approval timeline.

    Developer resources are linked from Developers & Integrations. Our team can also help you choose an integration approach during onboarding.

    Yes. Some business types are prohibited or restricted. See Prohibited & Restricted Businesses. The approved list is being finalised, and eligibility is always subject to the approved policy.

    Use the contact form for support. If your issue is not resolved, follow the escalation steps on our Grievance Redressal page.

    Ready to talk about payments for your business?

    Tell us what you sell and how you want to get paid. Our team will explain the onboarding steps and the products that fit.

    Become a Merchant Contact sales