About This App
Razorpay is India's largest online payment gateway, founded in 2014 by Harshil Mathur and Shashank Kumar in Bengaluru. What started as a simple payment acceptance API has grown into a full-stack financial platform — payment gateway, payroll (RazorpayX Payroll), business banking (RazorpayX), lending (Razorpay Capital), and cross-border payments. With 8 million+ merchants, 55% of India's online payment gateway market, and 35 million daily UPI transactions, Razorpay is the default payment infrastructure for Indian startups and businesses. Razorpay's core strength is developer-friendliness — clean APIs, extensive documentation, and plug-and-play integrations with popular platforms (Shopify, WooCommerce, WordPress). It supports 100+ payment methods including UPI, credit/debit cards, netbanking, wallets, EMI, and international cards. Payment Links and Payment Pages let non-technical merchants accept payments without a website. RazorpayX provides business banking with automated vendor payouts, tax payments, and expense management. Pricing is transaction-based: 2% per transaction for standard plans, with custom pricing for high-volume merchants. There's no setup fee. Razorpay completed its reverse flip from the US to India in May 2025 (paying ~$400M in taxes), making it an Indian company ahead of a planned IPO in late 2026. Revenue hit ₹3,783 crore in FY25 with 65% YoY growth, and the company is valued at approximately $9.2 billion. Razorpay is best suited for Indian businesses of all sizes — from solo developers to enterprises — who need reliable payment acceptance. Settlement times (T+2 for standard) are slower than some competitors like Cashfree (T+1), and support quality can vary for smaller merchants. But for sheer breadth of payment options and developer ecosystem, Razorpay remains the Stripe of India.
App Details
Razorpay Software Limited
Honest Review
4.2/5 on G2 (109 reviews) · Last verified 2026-04-25
What works well
- +Reverse-flipped to India in May 2025 — now an Indian company
- +Founders hold 65.4% with differential voting rights
- +Most popular payment gateway for Indian startups and businesses
- +Comprehensive suite: payments, payroll (RazorpayX), lending (Razorpay Capital)
- +High payment success rate that minimizes failed transactions and business loss
- +PCI-DSS compliant with AI-powered fraud detection for secure transactions
What needs improvement
- -Tiger Global, GIC still hold significant minority stakes
- -Transaction fees can add up for high-volume merchants
- -Settlement times (T+2) slower than some competitors
- -Support quality drops for smaller merchants
- -International payment approval process has frequent rejections
Common user complaints
- !Account activation process can be slow with extensive documentation required
- !Dispute resolution process favors customers over merchants
- !Dashboard can be slow and complex for non-technical users
- !POS devices reported non-functional for months despite 12+ support tickets raised
- !Merchant settlements held for months without explanation or resolution
Learn Razorpay on YouTube
Hand-picked videos to help you get started — tutorials, demos, and reviews.
Razorpay Payment Gateway Kaise Use Kare? | Complete Setup Guide for Website & App 2025
Free Razorpay Payment Gateway | Accept Online Payments on Website
Razorpay Payment Gateway Integration in HTML & JS Websites
How to Integrate Razorpay | Payment Gateway Integration | React and Node.js
Indian Alternative To
Razorpay is a powerful Indian alternative to these international apps:
Is Razorpay an alternative to Stripe?
Yes, Razorpay by Razorpay Software Limited is an Indian alternative to Stripe. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Stripe →
Is Razorpay an alternative to PayPal?
Yes, Razorpay by Razorpay Software Limited is an Indian alternative to PayPal. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to PayPal →
Is Razorpay an alternative to Braintree?
Yes, Razorpay by Razorpay Software Limited is an Indian alternative to Braintree. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Braintree →
Is Razorpay an alternative to Square?
Yes, Razorpay by Razorpay Software Limited is an Indian alternative to Square. It offers similar functionality while being developed and maintained in India.Explore other Indian alternatives to Square →
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