Setup Process

Step 1: Log in to your RazorPay dashboard.

Step 2: Go to Settings > WebHooks 

Step 3: Click Add New Webhook

Step 4: Here you need to enter the webhook URL:

https://domain.com/api/payment/razorpay/webhook

Change domain.com to your own domain name.
 

Step 5: In the Secret field, set a key (this can be any key you want)

Step 6: In the Active Events field, select payment.failed and payment.captured

Step 7: Click "Create Webhook."

Step 8: Log in to your Admin Dashboard

Step 9: Go to Settings > Payment Gateways > Razorpay Webhook Secret and insert the same Secret key you set in Step 5

Step 10: Save the settings.