Razorpay alternatives
12 products compared · 1 verified · Updated October 9, 2026
Your shortlist, at a glance.
Read the comparisons ↓
WhopFrom 2.7% + $0.30SaaS teams, agencies, ecommerce brands and platforms that want self-serve checkout, subscription billing and global payouts on published, per-transaction pricing.
StripeSee websiteEconomic infrastructure for the internet.PayUSee websiteBest Digital Payments Solutions for India
PayPalSee websiteThe smarter way to pay, send money and earn rewards securelyCCAvenueSee websiteSecure payment gateway with 200+ modes, dynamic routing & zero platform fees for 2 months
InstamojoSee websiteeCommerce Website Builder for D2C Businesses - Create a Free WebsitePaytmSee websiteSecure & Fast UPI Payments, Recharge Mobile & Pay Bills
PhonePeSee websiteUPI Payments, Investment, Insurance, Recharges, DTH & More
AdyenSee websiteEnterprise fintech platform for unified payments, data, and financial products.
BraintreeSee websitePayments infrastructure for online businesses
Square PayrollSee websiteRun payroll, schedule shifts, and manage staff inside your Square workflow.
ClearSee websiteFintech SaaS platform for invoices, taxes, wealth management & credit.
Pricing is a snapshot from each product’s website on the date shown; check the site before you decide. A verified badge means a verified listing, not a ranking.
About Razorpay and its alternatives
Businesses searching for Razorpay alternatives often need payment gateways that match its deep India focus on UPI, Rupay, netbanking and local cards while offering competitive pricing or simpler global settlement. Many compare Razorpay to other platforms when they want lower transaction fees for high-volume UPI transactions, easier payroll automation, or banking features without needing a separate current account. Others look for alternatives because they operate across borders and prefer platforms with stronger multi-currency support or no requirement for an Indian entity. Some merchants seek tools with more transparent pricing or better dashboard analytics for payouts and vendor payments. Whether you run an e-commerce store, SaaS product, or offline business accepting in-store UPI, exploring Razorpay alternatives helps identify solutions that balance local Indian payment methods with international reach and compliance automation.
Explore the alternatives
1.WhopVerified
Best for: SaaS teams, agencies, ecommerce brands and platforms that want self-serve checkout, subscription billing and global payouts on published, per-transaction pricing.
- Pricing
- From 2.7% + $0.30
- Category
- Finance & Accounting
Whop is payments infrastructure for starting and running an online business, covering checkout, subscription billing, embedded payments for platforms and global payouts, with a payments API, CLI and SDKs in TypeScript, Python and Ruby. Choose it over Razorpay if you want self-serve onboarding and published per-transaction pricing, with no minimum invoice threshold or enterprise sales process before you go live.
Where it is strong
- Published pricing from 2.7% + $0.30 per domestic card payment, with no monthly platform fee
- 100+ payment methods across 195 countries and 135+ currencies, with payouts to 200+ countries
- Embedded payments for platforms, with connected accounts, KYC and split payouts built in
Where it falls short
- Billing (0.5%), orchestration (0.8%) and tax (2%) are charged on top of the base card rate when enabled
- International cards (+1.5%) and currency conversion (+1%) add to the base rate
- Pricing:
- From 2.7% + $0.30 per domestic card payment, with no monthly platform fee. Billing (0.5%), orchestration (0.8%) and tax (2%) are charged on top when enabled; international cards add 1.5% and currency conversion 1%.
2.Stripe
Finance & Accounting
Stripe is a global payment infrastructure platform popular with SaaS and marketplaces. It excels at subscriptions, international cards and multi-currency payouts with strong developer APIs. Compared to Razorpay, Stripe offers weaker native UPI and Rupay coverage in India and lacks built-in payroll automation, making it less ideal for purely domestic Indian merchants but stronger for cross-border startups that need global settlement without an Indian entity.
3.PayU
Finance & Accounting
PayU is an established Indian payment gateway focused on cards, netbanking and emerging UPI options. It offers competitive pricing for high-volume merchants and simpler integration than Razorpay for basic checkout flows. However it provides fewer banking and payroll add-ons, making it a lighter alternative for businesses that only need core payment acceptance without Razorpay's full financial stack.
4.PayPal
Finance & Accounting
PayPal provides widely recognized checkout and invoicing tools with buyer protection. It supports cards and bank transfers globally but has limited UPI integration in India. Merchants comparing it to Razorpay often note PayPal's higher fees for domestic transactions and weaker local method support, though it remains useful for international customers who prefer PayPal's brand familiarity.
5.CCAvenue
Finance & Accounting
CCAvenue is one of India's oldest payment gateways with broad local bank support and customizable checkout. It is often chosen by larger Indian retailers seeking proven reliability. Relative to Razorpay it has less emphasis on modern UPI experiences and no native payroll or current account features, positioning it as a traditional alternative for merchants prioritizing bank relationships over fintech automation.
6.Instamojo
E-commerce
Instamojo targets small businesses and creators with easy payment links, invoices and basic UPI acceptance. Its low entry barrier and simple pricing make it attractive versus Razorpay for freelancers or early-stage startups. It lacks enterprise payroll, banking automation and advanced dashboard analytics that Razorpay provides for scaling companies.
7.Paytm
Finance & Accounting
Paytm offers a full wallet-plus-gateway solution popular for consumer-facing UPI and QR payments in India. It provides strong offline POS capabilities similar to Razorpay POS. Merchants often compare it when they want an all-in-one consumer app experience, though its enterprise payment dashboard and global settlement tools are less mature than Razorpay's offerings.
8.PhonePe
Finance & Accounting
PhonePe provides UPI-centric payment acceptance and business solutions through its Switch platform. It is strong for in-store and app-based UPI transactions. Compared with Razorpay it offers fewer international payment options and no integrated payroll or banking products, making it suitable mainly for domestic merchants focused purely on UPI volume.
9.Adyen
Finance & Accounting
Adyen is an enterprise-grade global processor with unified commerce capabilities. It supports many local methods worldwide and offers advanced reporting. Indian businesses evaluating it against Razorpay typically need heavy international volume; Adyen lacks Razorpay's deep local payroll and India-specific banking features but provides superior multi-country orchestration.
10.Braintree
Finance & Accounting
Braintree, a PayPal service, focuses on developer-friendly payments with PayPal and card support. It is used by marketplaces needing flexible payouts. Versus Razorpay it has minimal India method coverage beyond cards and no local compliance tools, so it appeals mainly to Indian startups already operating on global infrastructure.
11.Square Payroll
Finance & Accounting
Square provides simple POS and online payments popular outside India. Its hardware and ease of use are strengths, but it has almost no support for Indian local rails like UPI or Rupay. Merchants rarely choose it as a direct Razorpay replacement unless they primarily serve international customers and need basic card acceptance.
12.Clear
Finance & Accounting
Fintech SaaS platform for invoices, taxes, wealth management & credit.
How we chose and when this was updated
Last updated October 9, 2026.
See more comparisons in Finance & Accounting alternatives.
Questions about Razorpay alternatives
What are the best Razorpay alternatives for small businesses accepting UPI payments in India?
Small businesses often consider PayU, Instamojo or CCAvenue as Razorpay alternatives because they provide quick UPI and card integration with lower setup requirements and transparent fees for lower transaction volumes.
How does Razorpay compare to Stripe for Indian startups settling payments globally?
Razorpay offers stronger native UPI and Rupay support plus local payroll tools while Stripe provides broader international coverage and easier multi-currency settlement but may require additional setup for India-specific methods.
Are there free or low-cost Razorpay alternatives for freelancers in India?
Platforms like Instamojo and Paytm offer simpler pricing tiers and payment links suitable for freelancers who need basic UPI acceptance without the full feature set of Razorpay's dashboard and payroll automation.
Which Razorpay alternatives support automated payroll and compliance for Indian enterprises?
Few direct competitors combine payments with payroll like Razorpay; users often pair PayU or CCAvenue payment gateways with separate HR tools such as Zoho Payroll or Keka for compliance features.
Can I use international payment gateways instead of Razorpay without an Indian entity?
Yes, gateways like Stripe, PayPal and Adyen allow global businesses to accept payments from Indian buyers and settle abroad, though they may lack Razorpay's depth in local methods such as UPI and Rupay.