by Instamojo Technologies
Instamojo - eCommerce Website Builder for D2C Businesses - Create a Free Website on Instamojo.
Instamojo is a Bengaluru-based payment and e-commerce platform founded in 2012, designed to help Indian small businesses, freelancers, and D2C brands sell online without technical expertise. The platform powers over 20 lakh (2 million) businesses across India, handling everything from payment collection to online store creation, shipping, and analytics. The core strength is simplicity — merchants can create payment links in minutes, embed checkout on any website, or spin up a full online store with product listings, inventory management, and integrated shipping partners. Instamojo supports all major Indian payment methods: UPI, credit/debit cards, net banking, wallets, and EMI options. The platform also offers mojoXpress for shipping, mojoCapital for business loans, and smart analytics to track sales performance. Pricing follows a no-monthly-fee model: Instamojo charges 2% + Rs 3 per transaction for payment gateway usage (plus 18% GST). Premium online store plans start at Rs 10/day for advanced e-commerce features like custom domains, marketing tools, and priority support. There are no setup charges or maintenance fees — you only pay when you transact. Payouts settle in T+3 days, with an instant withdrawal option available. Instamojo is best suited for solopreneurs, freelancers, small D2C brands, and digital product sellers who need a quick, no-code way to start accepting payments in India. Users looking for international payments, multi-currency support, or enterprise-grade APIs may prefer Razorpay or Stripe. The platform's biggest complaint is slow customer support and occasional payout delays during peak periods.
Information updated 1 years ago
Instamojo Technologies
3.9/5 on Capterra (17 reviews) · Last verified 2026-04-25
Hand-picked videos to help you get started — tutorials, demos, and reviews.
Instamojo Payment Gateway Instant Live in 10 Minutes | How to Create Instamojo Account
Instamojo Payment Gateway 2026 | How To Create Instamojo Payment Account | Free Payment Gateway
How to Use Instamojo to Collect Payments Online
Instamojo Account कैसे बनाएं? 💳 | How to Create Instamojo Account Step by Step 2025 🚀
Instamojo is a powerful Indian alternative to these international apps:
Yes, Instamojo by Instamojo Technologies is an Indian alternative to Stripe. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Stripe →
Yes, Instamojo by Instamojo Technologies is an Indian alternative to PayPal. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to PayPal →
Cashfree Payments India Private Limited
Cashfree Payments is a Bengaluru-based full-stack payments platform for Indian businesses, processing ~$80B a year for 1M+ merchants. RBI-licensed payment aggregator offering a payment gateway, instant payouts and bulk transfers, UPI AutoPay recurring payments, cross-border collections, and KYC verification. 0% fee on UPI and RuPay, ~1.9% on cards, no setup fee, with optional instant settlements. A made-in-India Stripe and PayPal alternative.
IppoPay Technologies Private Limited
IppoPay is a Chennai fintech built for small merchants, freelancers and Tier-2/3 shopkeepers — UPI QR, sound-box payment alerts, POS, payment links/pages and merchant lending in one app. Domestic cards, net banking and UPI cost 1.9%, international cards 3.5%, no setup or monthly fee. Its own terms admit it does not itself hold RBI Payment Aggregator authorisation — settlement runs through partnered, RBI-regulated banks. Play Store rating: 4.0 from 1,691 reviews.
Razorpay Software Limited
Razorpay is India's largest online payment gateway from Bengaluru with 8M+ merchants, 55% market share, and 35M daily UPI transactions. Developer-friendly APIs supporting 100+ payment methods (UPI, cards, net banking, wallets, EMI, international), Payment Links and Pages for non-technical merchants, and integrations with Shopify and WooCommerce. RazorpayX for business banking, payroll, and Capital lending. 2% per transaction, no setup fee. Stripe alternative.
One97 Communications Ltd
Paytm is India's pioneering digital payments app for UPI transfers, mobile recharges, bill payments, online shopping and merchant QR scans. Trusted by 333M+ registered users and 100M+ monthly actives, Paytm bundles a wallet, Paytm Soundbox for shopkeepers, lending, insurance and investments. Now 100% Indian-owned after Ant Financial's exit in August 2025 and an RBI-approved payment aggregator since November 2025.
PhonePe Limited
PhonePe is India's most-used UPI payments app, with 700M+ registered users and roughly 46% of UPI transaction volume (NPCI, June 2026). Use it for instant money transfers, mobile recharges, bill payments and merchant QR scans, plus mutual funds, insurance and lending. PhonePe Pulse publishes free public dashboards on India's UPI traffic. Majority-owned by Walmart; headquartered in Bengaluru.
National Payments Corporation of India
BHIM (Bharat Interface for Money) is India's official UPI payment app by NPCI with 100M+ downloads and 128M active users. Instant peer-to-peer transfers, bill payments, merchant QR scanning, and balance checks linked directly to bank accounts. UPI Lite+ enables PIN-free payments up to Rs 1,000 per transaction. Supports 12+ Indian languages. Completely free with zero transaction fees, no ads. Government-backed PhonePe and Google Pay alternative.
