RecommendedMade in India
Starts at
Pay as you go
Razorpay
Verifiedby Razorpay · Bengaluru, Karnataka · Since 2014
Payment gateway, payment links, payouts and business banking for Indian businesses.
- Starting price
- 2% per transaction
- Standard plan; ₹0 setup and AMC; 18% GST on fee
- Free trial / plan
- Free trial
- Deployment
- Cloud
- Web
- App Advisor rating
- 4.7
- transparency & India fit
What is Razorpay?
Razorpay is an Indian payments company founded in 2014 and based in Bengaluru. Razorpay Payments Private Limited is an RBI-authorised payment aggregator. Its products include a payment gateway, payment links, payment pages, payment buttons, POS, subscriptions, QR codes, Optimizer and international payments, plus RazorpayX current accounts, payouts and corporate cards.
The Standard plan charges a 2% platform fee per successful domestic transaction (2.15% on corporate cards). There is no setup fee, AMC or refund processing fee, and 18% GST applies on the fee. Custom enterprise pricing is available above ₹5 lakh a month in volume. Razorpay says 1,50,000+ businesses use it.
What works well
- +₹0 setup fee, ₹0 AMC and ₹0 refund processing fee
- +Published flat 2% Standard rate
- +Custom pricing for businesses above ₹5 lakh/month
- +Wide product range incl. payouts and business banking via RazorpayX
- +PCI DSS compliant
What to watch out for
- −2% applies even to UPI on the Standard plan
- −Corporate cards cost 2.15% and international cards up to 3%
- −18% GST on platform fee
Best suited for: Startups and online businesses wanting quick gateway setup · Businesses needing payouts and subscriptions in one stack · High-volume merchants negotiating enterprise pricing
AI analysis of Razorpay
Analysing Razorpay — pricing, features, reviews and alternatives…
Generated by App Advisor's native engine from this listing's verified data — not a paid placement.
Razorpay features
Researched from Razorpay's official product pages · updated September 2026.
Accept payments
- Payment Gateway
- Payment Links
- Payment Pages
- Payment Buttons
- QR Codes
- POS
- Subscriptions
- International Payments
- Optimizer
RazorpayX
- Current accounts
- Payouts
- Corporate cards
Developers
- REST APIs
- SDKs
- Webhooks
Razorpay pricing (INR)
SourceEvery edition as published by the vendor. Prices exclude GST unless stated. Full Razorpay pricing breakdown
Standard
2% per successful transaction
Pay per transaction; ₹0 setup, ₹0 AMC
- Domestic cards, UPI, netbanking, wallets, Pay Later, EMI: 2%
- Corporate/business cards: 2.15%
- International cards: up to 3%
- ₹0 refund processing fee
Enterprise
Custom
For businesses processing over ₹5,00,000/month
- Custom pricing via sales
Other pricing options & add-ons
QR Codes (UPI)
0.99%
Smart Collect
1% or ₹10 per transaction, whichever is lower
Instant Refund
Depends on amount
₹7.99–₹14.99
International bank transfers
1%
- • 18% GST on platform fee
- • UPI carries zero MDR but a 2% platform fee applies on Standard
Buying for a team? App Advisor can get you a volume quote and any partner discount available.
Integrations, security & India
Security & compliance
- PCI DSS compliant
- RBI Authorised Payment Aggregator (Razorpay Payments Private Limited)
Trust, compliance & who uses Razorpay
Customers named by the vendor
1,50,000+ businesses across India (vendor claim)
Is Razorpay the best choice for you?
Best choice if you are…
- Startups and online businesses wanting quick gateway setup
- Businesses needing payouts and subscriptions in one stack
- High-volume merchants negotiating enterprise pricing
Look elsewhere if you are…
- Merchants wanting only low-cost UPI QR collections — compare Razorpay's 0.99% QR rate or bank UPI options
Still comparing? Get an unbiased shortlist and demos arranged for free.
Sources (2) · updated September 2026
Razorpay screenshots
Specifications
- Category
- Payment gateways & UPI, Workflow automation & integration
- Vendor
- Razorpay
- Headquarters
- Bengaluru, Karnataka
- Founded
- 2014
- Pricing model
- Subscription
- Starting price
- Pay as you go
- Deployment
- Cloud
- Platforms
- Web
- Best for
- Small business, SMB, Mid-market
- Made in India
- Yes
More software like Razorpay
Alternatives, the same vendor's other products and India-first picks.
Razorpay vs PayURazorpay vs Paytm Payment GatewayRazorpay vs Cashfree PaymentsRazorpay vs Instamojo PaymentsRazorpay vs Atom Technologies
Compare all Razorpay alternatives with pricing →Razorpay — frequently asked questions
What are Razorpay charges per transaction?+
The Standard plan charges 2% per successful domestic transaction, 2.15% on corporate cards and up to 3% on international cards, plus 18% GST.
Does Razorpay charge a setup fee?+
No. Setup fee, annual maintenance charge and refund processing fee are all ₹0.
Is there a free payment gateway in India?+
Razorpay has no setup fee or AMC, but it charges a per-transaction platform fee. On the Standard plan that is 2%, including on UPI.
Does Razorpay offer lower rates for large businesses?+
Yes. Custom pricing is available for businesses processing over ₹5,00,000 a month.
What does Razorpay charge for UPI QR codes?+
0.99% per transaction.
Is Razorpay RBI approved?+
Yes. Razorpay Payments Private Limited is an RBI-authorised payment aggregator.
What is RazorpayX?+
RazorpayX is Razorpay's business banking suite, covering current accounts, payouts and corporate cards.
What is Razorpay?+
Razorpay is payment gateways & upi by Razorpay, an Indian company from Bengaluru. Payment gateway, payment links, payouts and business banking for Indian businesses.
How much does Razorpay cost?+
Razorpay does not publish a price list; pricing is quoted per organisation. Request a demo through App Advisor and we will ask the vendor for a written quote.
Does Razorpay offer a free trial or free plan?+
Razorpay typically offers a free trial before you commit to a paid plan.
Is Razorpay made in India?+
Yes. Razorpay is built by Razorpay, headquartered in Bengaluru, Karnataka.
Who is Razorpay best suited for?+
Razorpay suits small business, smb, mid-market buyers looking for payment gateways & upi with workflow automation & integration.
What are the best alternatives to Razorpay?+
Popular alternatives in payment gateways & upi include PayU, Paytm Payment Gateway, Cashfree Payments. Use App Advisor's compare tool to see them side by side.
How is Razorpay deployed?+
Razorpay is available as a cloud (SaaS) product, with web access.
Guides that mention Razorpay
Easebuzz Payment Gateway Charges in India (2026)What Easebuzz offers Indian businesses — payment gateway, payment links, subscriptions and payouts, how charges are structured by payment method, settlement cycles, onboarding requirements, and how it compares with Razorpay, Cashfree, PayU and Instamojo.Cashfree Payments: Pricing, Subscriptions & PayoutsA guide to Cashfree Payments for Indian businesses — the payment gateway, payouts, subscriptions and e-mandate, how charges are structured by method, settlement and onboarding, and how it compares with Razorpay, Easebuzz and PayU.Razorpay Pricing, Invoices & Subscriptions (2026)A guide to the Razorpay ecosystem for Indian businesses — gateway pricing by payment method, payment links and invoices, subscriptions and e-mandate, RazorpayX banking and payroll, POS, and how it compares with Cashfree, PayU and Easebuzz.Free Payment Gateway in India: What It Really CostsWhat businesses mean by a free payment gateway in India — zero setup and annual fees versus zero transaction cost, why UPI is effectively free, the real cost drivers, and how to genuinely minimise payment costs.
About Razorpay
Razorpay · Bengaluru, Karnataka · Founded 2014 · 9 products in our catalogue · Indian company
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