About This App
India's leading payment gateway for businesses with UPI, cards, netbanking, wallets, and payroll services for 8M+ merchants
App Details
Razorpay Software Limited
Honest Review
4.3/5 on G2 · Last verified 2026-03-13
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)
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
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
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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