Razorpay
Payment gateway for Indian businesses
Data verified Sep 25, 2026
Editorial Verdict
AI-researched, not hands-on testedRazorpay's instant settlements and no-code payment buttons genuinely simplify getting paid online in India, with lower fees on international transactions. The honest risk to plan around: international payment approval can be difficult with frequent rejections, and accounts have reportedly faced sudden freezes or rolling reserves during compliance reviews.
Reviewed by AIToolPundit Editorial Team · last verified October 2026
About Razorpay
Razorpay is a payment gateway solution for Indian businesses that enables them to accept, process, and disburse payments via multiple methods including credit cards, debit cards, net banking, UPI, and popular wallets. It offers a developer-friendly API, robust dashboard, and a suite of products for payments, banking, lending, and payroll.
Screenshots
Commonly Cited Strengths & Limitations
Strengths
- Lower fees on international payments
- No coding required for payment buttons and pages
- Instant settlements to bank account
Limitations
- Difficult international payment approval process with frequent rejections
- Slow, unresponsive customer support with poor dispute resolution
- Reports of delayed or unprocessed refunds and duplicate charges
- Sudden account freezes and rolling reserves during compliance reviews
- High transaction fees
- Dashboard can feel overwhelming for new users
- Recurring/usage-based subscription billing features described as limited
- Shopify integration issues (e.g. EMI options not showing at checkout)
Common Use Cases
- Accept payments
- Make payouts
- Business banking
- Automate payroll
- Get credit and loans
- Accept international payments
- AI-native agentic payments
Details
- Pricing Model
- Free
- Starting Price
- 2% per transaction
- Founded
- 2014
- Team Size
- 500+
- Headquarters
- Bangalore, India
- Platforms
- WebiOSAndroid
- Category
- FinTech
Who is Razorpay for?
Startups
Use Razorpay's current account and startup payroll to automate banking and compliance.
Chartered Accountants
Use RazorpayX payroll to transform payroll and compliance for their clients.
Enterprises
Use RazorpayX payroll software built for enterprise-scale payroll.
AI Builders
Add one-click payment nodes to n8n, Replit, and Vercel workflows.
Frequently Asked Questions
Is Razorpay free?
Yes, Razorpay is free to use.
Does Razorpay have an API?
Yes, Razorpay provides an API for developers.
What platforms does Razorpay support?
Razorpay is available on Web, iOS, Android.
What does Razorpay integrate with?
Razorpay integrates with Apple Pay, Google Pay, n8n, Replit, Vercel, Accounting software.
Is Razorpay cloud-based or self-hosted?
Razorpay is offered as a cloud-based (SaaS) deployment.
What are the downsides of Razorpay?
Difficult international payment approval process with frequent rejections Also, Slow, unresponsive customer support with poor dispute resolution
Who is Razorpay best for?
Razorpay is best suited for Startups, Chartered Accountants, Enterprises.
What can I use Razorpay for?
Common uses for Razorpay include accept payments, make payouts, business banking, automate payroll.
How does Razorpay compare to IBM API Connect?
Razorpay and IBM API Connect are both used for fintech -- specifically dev infrastructure tools. See the full side-by-side comparison for pricing and feature differences.
Key Features
- Payment GatewayOffers a seamless payment experience on your website or app.
- Payment ButtonAdd a Pay Now button without any coding required.
- Payment LinksCreate and share links over email, text and social to accept payments instantly.
- Razorpay POSAccept seamless in-store payments with a POS solution.
- Payment PagesAccept payments on a custom-branded online store with zero coding.
- API & Bulk PayoutsMake multiple payouts with a single click from your dashboard.
- Source to PayControl and optimize vendor payments with an integrated payables solution.
- Payout LinksShare payout links for instant payments, no bank details needed.
- Tax PaymentsOnline tax payments in a single click.
- Agentic PaymentsTurn every chat into a checkout with AI-native payment flows.
- Agent StudioDelegate operational work to agents that get things done.
- Payments for AI BuildersOne-click payment nodes for n8n, Replit, and Vercel workflows.
- Agentic Business BankingExpertise of a world class finance team built in.
- Current AccountAutomate banking with a current account for startups.
- Escrow AccountAutomate escrow money transfers with total safety and compliance.
- Forex ManagementForeign funding management with expert support.
- Accounting IntegrationEasy integrations with your accounting software.
- Payroll for StartupsPayroll and compliance solution built for startups.
- Payroll for CAsPayroll and compliance for your clients with RazorpayX.
- Payroll for EnterprisesPayroll software for enterprises with RazorpayX.
- Instant SettlementsGet customer payments in your bank account instantly.
- RazorpayX Corporate CardsTurn SaaS, cloud and marketing spends into real savings.
- International PaymentsAccept global cards, Apple Pay and Google Pay at lower fee.
- Razorpay VulcanIndia's first AI payments foundation model.
Integrations
Technical Details
- Deployment
- Cloud
- Target Market
- B2B
- API
- Available
- Free Plan
- Available
Security & Compliance
Support
Official Pricing
Razorpay's published pricing · verified Sep 25, 2026
2% per transaction
Pricing shown above is sourced from Razorpay's own published plans as of Sep 25, 2026 and can change at any time -- confirm current pricing on Razorpay's own site before purchasing.
Real Pricing from Verified Users
See what people actually pay for Razorpay
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