Head to head · UPI & payment apps
Paytm vs PhonePe
Pricing, features, India readiness and rating compared. Paytm rates highest.
| Compare | Paytm | PhonePe |
|---|---|---|
| Category | UPI & payment apps | UPI & payment apps |
| Vendor | Paytm (One97) | PhonePe |
| Headquarters | Noida, Uttar Pradesh | Bengaluru, Karnataka |
| Made in India | Yes | Yes |
| Starting price | Free | Free |
| Free plan | Yes | Yes |
| Free trial | No | No |
| Published pricing | Yes | Yes |
| Deployment | cloud | cloud |
| Mobile apps | Yes | Yes |
| Founded | 2010 | 2015 |
| Best for | Startup, Small business, SMB | Startup, Small business, SMB |
| App Advisor rating | 4.6 / 5 | 4.6 / 5 |
Paytm: pros & cons
- +Completely free to use
- +Built in India with GST-ready workflows and local support hours
- +16 years in business — a mature, stable product
- +Native mobile apps for work on the go
- +One of the top-ranked upi & payment apps options in our catalogue
- −Feature depth for your specific workflow should still be verified in a demo
Key features
- UPI transfers and QR payments
- Bill payments and recharges
- Merchant soundbox and settlements
- Credit on UPI and RuPay cards
- Wallet and gift cards
- Transaction history and reports
PhonePe: pros & cons
- +Completely free to use
- +Built in India with GST-ready workflows and local support hours
- +11 years in business — a mature, stable product
- +Native mobile apps for work on the go
- +One of the top-ranked upi & payment apps options in our catalogue
- −Feature depth for your specific workflow should still be verified in a demo
Key features
- UPI transfers and QR payments
- Bill payments and recharges
- Merchant soundbox and settlements
- Credit on UPI and RuPay cards
- Wallet and gift cards
- Transaction history and reports
Get an instant demo
See Paytm live, with an App Advisor discount
Frequently asked questions
Which is better, Paytm or PhonePe?+
Paytm scores higher on App Advisor's rating (4.6/5) for pricing transparency, India readiness and maturity. The right choice depends on your workflow — request demos of both.
Is Paytm cheaper than PhonePe?+
Paytm starts at Free and PhonePe at Free. Compare per-user costs at your team size, and remember GST is added on top.
Can I switch from Paytm to PhonePe?+
Most upi & payment apps products import CSV or Excel data; check whether historical records, attachments and integrations move too before you switch.