No cut. No gateway to set up. Straight to your bank.
This page exists because “how do I get paid” is the first question most trainers ask, and the answer on RacingOwl is unusually simple.
How it works
You activate payments.
Under Manage → Payments, enter your business name and type, a contact email, phone and address, your bank account number, IFSC code, account holder name and PAN. Once. It takes five minutes.
A learner pays on your site.
By card, UPI, net banking or wallet, through Razorpay’s checkout, on your page. A learner outside India pays by card.
Razorpay routes it to your account.
The money goes from the learner to your bank via Razorpay Route. RacingOwl never holds it.
You see it in Earnings.
By week, month, year and all time, with the course and any coupon used, and every receipt and credit note, with a CSV to download.
Learners outside India
Your learners can be anywhere in the world. A learner in New Jersey, London or Dubai opens your site and pays with a card issued where they live, on the same page as everyone else. You set up nothing extra.
Priced in rupees, paid in rupees. Your price stays in rupees and the learner’s bank converts it. The money reaches your bank account in rupees, the same way as a payment from a learner next door.
Two things to know. Razorpay’s fee is higher on a card issued outside India: as of now about 3.9% of the payment, GST included. Razorpay works the fee out on each payment and what is left is sent to you; your Earnings screen shows the exact amount beside each one. And auto-renew works on these cards too, with one difference: no bank sends an advance notice for a card issued outside India, so the reminder comes from us, and the first time the member’s own bank may ask them to confirm the charge. If it holds the payment, we email them what to do and try once more a day later.
What is deducted
Razorpay’s fee, and the GST on it. Razorpay charges a fee on each payment, and GST on that fee. As of now the fee is 2% and the GST on it is 18%, so 2.36% of each payment in all. On a card issued outside India the fee is higher, as of now about 3.9% in all. Razorpay sets these rates, works the fee out on each payment, and GST is set by law — as and when either changes, we will tell you.
Nothing else. RacingOwl does not take a percentage of your sales. Your Earnings screen shows what reached you after Razorpay’s fee, with the sale and the fee beside every payment.
Launch offer: RacingOwl pays the Razorpay fee on your refunds, until 19 April 2027. Razorpay keeps its fee (about 2.36% — ₹23.60 on every ₹1,000) when a payment is refunded, and your learner still gets back everything they paid. As a launch offer, RacingOwl pays that fee for you on every refund you issue until 19 April 2027. It is a launch offer only: from 20 April 2027, the fee on a refund is yours, and it is taken from your earnings.
What you pay RacingOwl
One subscription to run your site, from ₹499 a month plus GST. It does not change with your sales. Sell ₹1,000 or ₹1,00,000 in a month and the subscription is the same.
Ways to charge
Per course. A one-time price. The learner keeps the course.
Membership. A monthly price that opens every course you mark Members only. Members can pay each month, reminded three days before it ends, or turn on auto-renew so a card or UPI they authorise is charged each month until they stop it. If a membership lapses, the courses it opened close until they pay again. Suits a growing catalogue or an ongoing class.
One or the other. A site either prices each course or charges one membership; free courses work with both. Switching later never takes away what a learner already paid for.
Free. Leave the price blank. Useful for an introductory course that leads to a paid one.
Discounts. A percentage or an amount off, with dates, for all courses, chosen ones, a collection or your membership, with or without a code, for everyone or only for people you name. A 100% discount limited to first-time buyers gives a course away to newcomers, each with a ₹0 receipt.
What you need
- An Indian bank account
- A PAN
- A business name (your own name is fine if you are teaching as an individual)
No company registration is required to start. No payment gateway account of your own. No developer.
Common questions
- When does the money arrive?
- On Razorpay’s settlement cycle, typically within a few working days of the payment.
- Do I need GST registration?
- That depends on your turnover and the current rules. RacingOwl does not advise on tax; speak to your CA. It does watch the ₹20 lakh limit for the payments it sees: if you have not entered a GSTIN under Manage → Payments, we email you as you get near it, and at ₹19.5 lakh in a financial year new payments pause until you enter one.
- Can learners pay from outside India?
- Yes, by card. Your price stays in rupees, the learner’s bank converts it, and the money reaches your bank account in rupees like any other payment. Razorpay’s fee is higher on a card issued outside India, as of now about 3.9% of the payment with GST included. Auto-renew works on these cards too: a member abroad is charged each month by itself. The first time, their own bank may ask them to confirm the charge; we email them what to do and try once more a day later.
- Can I refund a learner?
- Yes. The site’s owner opens Refund under a course payment or a membership month on Manage → Earnings, keeps the full amount or types a smaller one, and confirms. Razorpay returns the money the way it came, and the learner is emailed a credit note. A membership is refunded one month’s payment at a time; a full refund of a month still running ends it. Earnings are shown net of refunds. Razorpay keeps its fee (about 2.36% — ₹23.60 on every ₹1,000) when a payment is refunded, and your learner still gets back everything they paid. As a launch offer, RacingOwl pays that fee for you on every refund you issue until 19 April 2027. It is a launch offer only: from 20 April 2027, the fee on a refund is yours, and it is taken from your earnings.