Razorpay is the India-first payments stack. Uniform 2% platform fee across most domestic instruments (cards, UPI, NetBanking, wallets). UPI QR codes are 0.99%. International cards up to 3%. 18% GST applies on top of the platform fee. RazorpayX Payroll has separate plan pricing.
Pulled directly from the vendor pricing page, verified 2026-06-19. We do not re-state any rate the vendor has not put in writing on their own site.
Razorpay is the obvious choice for Indian merchants needing UPI, NetBanking, cards, and wallets behind one gateway. UPI QR at 0.99% is the cheapest published merchant path in the comparison set.
Not a fit for merchants outside India who don't need RBI-licensed acquiring.
The number on the homepage of Razorpay is rarely the number a finance team books. Below are the line items that almost always show up, sourced from the same vendor pricing page where possible.
India-first payments stack with uniform 2% domestic pricing across instruments. UPI QR is the cheapest published path.