RazorPay has blocked merchant account illegally

Name of Complainant Onkar
Date of ComplaintJune 20, 2022
Name(s) of companies complained against
Category of complaint Banking
Permanent link of complaint Right click to copy link
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Text of Complaint by Onkar:

Hi, we are Shavi Soft Solutions, A new delhi based software company.Razor pay has suspended our merchant account Shavi Soft Solutions | IKJ9aod9xw8L34 suddenly.Still there is no clearance from their side. There is nothing that I can see on my dashboard..it’s all data is removed. Already 6000+ amount is pending for settlement. All my amounts are sent by registered companies and for all payments, GST is submitted to govt of India.
With what reason my account is suspended is not cleared and it’s a monopoly that is not appropriate legally.
We finally ask you to clear the things before I move to court & police for an expected fraud done. Still we are not clear about your banking partner but we will file a complain against razor pay & banking partner under Banking Ambudsman as well as court.
So finally we ask you people to come with proper explanation.
I request to General people, Startups , SMEs , Companies , LLPs & all business entities to Say A BIG No to Razor pay. #SayNo2Razorpay.
I am not loan but a lot of authorized startups have been cheated by Razor Pay. eg- Tax Fry Solutions Pvt Ltd, New Delhi.
I have sent them several mails & ticket ID -5591876 is allocated too but all these drama is just to keep safe side by Razor Pay.
I again request to General people, Startups , SMEs , Companies , LLPs & all business entities to Say A BIG No to Razor pay. #SayNo2Razorpay.

Image Uploaded by Onkar:

RazorPay has blocked merchant account illegally

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