> ## Documentation Index
> Fetch the complete documentation index at: https://razorpay-60c89f9a-mintlify-audit-missing-sections-1778528421.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# RazorpayX-powered Current Account Linked to Payroll

> RazorpayX Payroll supports two ways to process your monthly payroll:

* Via Payroll Wallet
* Via RazorpayX-powered Current Account

## What's the Difference?

This section highlights the key differences in features, benefits, and applications of each offering, enabling you to make an informed decision tailored to your circumstances.

## **Feature** | **RazorpayX Payroll via Wallet** | **RazorpayX Payroll via Linked-Current Account**

## **Core Payroll Features: Salary calculations, disbursals, Compliance payments & Filings** | ✓ | ✓

**Full Stack Contractor Payments & Filing: Part-time employee & Vendor Payments** | - Only Part-time Employee payments are supported

* NO automated 26Q filing
  \| - Part-time Employee Payments
* Vendor Payments
* Auto 26Q Filing

***

**Frictionless money movement** | -  Manual fund loading every month
\| - No manual fund loading(as payments are directly triggered via Current Account)

* Faster Salary Disbursals

***

**Exclusive features** | - | Access exclusive features like:- Bank Account Verification of all your Employees.

* Ensure salary is getting credited to the right Employee

***

**Access to RazorpayX Business Banking+ Platform** | ✗ | - Get access to our Business Banking+ dashboard for all your other Payouts like Refunds, Cashbacks, Incentives, Loans, Claims, Winnings, etc.

* Get access to APIs, Bulk, and Single Payouts

## Opening a RazorpayX-powered Current Account

Our comprehensive service eliminates the need for in-person office visits. We provide end-to-end assistance, including online application processing and convenient verification at your location through our dedicated Relationship Manager.

### Partner Banks

We currently have tech integrations with:

* RBL Bank
* Yes Bank
* IDFC First Bank
* Axis Bank

### Open a RazorpayX-powered Current Account

Streamline your payroll operations with a dedicated business banking solution. Use [RazorpayX-powered Current Account.](https://razorpay.com/docs/x/account-types/current-account/)

### Integrate Your RazorpayX-powered Current Account with Payroll

Integrate your payroll system with a powerful business banking solution. Use [RazorpayX Payroll and Current Account integration.](https://razorpay.com/docs/payroll/integrations/current-account)

<Warning>
  **Watch Out!**

  You can seamlessly upgrade from Payroll Wallet to Current Account at any time with zero operational disruption. Our team will provide full support throughout the transition process.
</Warning>