Razorpay

Razorpay lets businesses accept payments, send payouts, and manage banking , all in one simple platform.

Overview

Razorpay provides an all-in-one platform to accept payments, make payouts, manage payroll, and handle banking operations. It supports multi-currency payments, subscription billing, instant settlements, and integrates with both web and mobile apps, giving businesses full control over financial workflows.

Key features

100+ payment methods (UPI, cards, net banking, wallets)
Payment gateway with easy API integration
Business current accounts and escrow accounts
Automated payroll with compliance management
In-store POS payments
Payout links and bulk payouts
AI-native agentic payments
International payment acceptance
Corporate cards and digital lending
Zero setup fees and AMC

Pros

Transparent 2% + GST pricing with no hidden fees
No setup or annual maintenance charges
100+ payment methods supported
Developer-friendly APIs and SDKs
Integrated banking and payroll suite
Fast account opening and onboarding
High payment success rates and reliability
Trusted by 40,000+ businesses

Cons

Primarily focused on India market
Requires higher volumes for enterprise custom pricing
Complex product suite may require learning curve for all features

Use this if

You need a comprehensive payment and banking solution for your Indian business, want transparent pricing without hidden fees, require multiple payment methods, or need integrated payroll and banking features.

Skip this if

Your business operates primarily outside India, you need a payment solution with lower headline rates, or you prefer a single-purpose payment gateway without additional banking features.

Best for

Startups and SMEs accepting online paymentsBusinesses needing integrated banking solutionsCompanies requiring payroll automationE-commerce and SaaS platformsEnterprises with high payment volumesBusinesses seeking transparent, scalable payment infrastructure