Subscription billing from India: solving the Razorpay-only problem

Indian SaaS founders are stuck collecting INR through domestic gateways. Here is how to take USD globally and hold proceeds in USDC.

SaaS·2026-05-15·5 min read
Subscription billing from India: solving the Razorpay-only problem

If you are a Bengaluru SaaS team, the default rails are Razorpay, PayU or CCAvenue — all of which settle INR into an Indian current account. Great for domestic, painful when 70% of your customers are US-based and you want to keep USD revenue in USD. A US card processor's India entity still requires a registered Indian entity and settles in INR, so the dollar advantage evaporates.

Baynoy fixes the topology: a US-incorporated entity (your Delaware C-Corp works) connects via our card-acquiring partner. You charge in USD, customers pay with their normal cards, and we route payouts as USDC to a wallet your treasury controls. Want to pay an Indian contractor? Off-ramp $2,000 of USDC to INR via a local OTC partner in under an hour — at the interbank rate, not at the 1.5% RBI-tariffed forex spread.

For the founder this means: real USD pricing, no daily INR conversion drag, and a hedge against rupee weakening. For the developer it means one webhook handler and a single dashboard.

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