Razorpay alternatives in India

Verified June 2026 from Cashfree's official charges page. No setup fee and no annual maintenance charge (AMC); per-transaction pricing only. Promotional domestic rate of 1.6% (vs standard 1.95%) applies to UPI, domestic cards, net banking, wallets, and prepaid cards for merchants signing up between 18 Sep 2025 and 30 Apr 2026, locked in for 12 months from signup. Promotional rate eligibility requires monthly transaction volume not exceeding Rs 1 Crore and UPI being at least 40% of monthly GTV. International cards: ~2.69% promotional / 2.99% standard (Visa/Mastercard), 2.95% (Amex), capped at Rs 10 Lakh/month before reverting to standard. Virtual bank accounts start at a Rs 20 platform fee; forex conversion fees apply on non-INR transactions. Note: multiple third-party sources cite UPI/RuPay as 0%, but this figure was not confirmed verbatim on the official charges page during this check and exact category rates may vary by merchant and time — confirm current figures at https://www.cashfree.com/payment-gateway-charges/ before relying on them.

Verified ~June 2026 from Paytm for Business pricing. No setup fee and no annual maintenance charge; per-transaction pricing varies by payment source and merchant category - reported around 1.40% for grocery/kirana, 1.20% for tolls/government/utilities/education, and 1.99% for other categories. Exact rates depend on method and category and change over time - confirm at https://business.paytm.com/pricing before relying on these figures.

Verified ~June 2026 from PhonePe's business pricing pages. No setup fee; per-transaction pricing only, standard around 1.95%, with promotional zero-fee periods advertised for limited times and methods/merchants. UPI rates are often lower than card rates. Exact effective rate depends on your payment-method mix, category, and any live promotion - confirm at https://www.phonepe.com/business-solutions/payment-gateway/pricing/ before relying on these figures.

No monthly subscription - PayU charges per transaction (around 2% on standard methods, varying by method and volume). Confirm current rates with PayU.

Verified ~June 2026 from Easebuzz's pricing page and third-party reviews. Zero setup cost and no maintenance charge; per-transaction pricing only, reported around 2.5% on UPI, ~1.2% on debit cards, and ~2.2% on credit cards, with T+1 settlement. Rates vary by merchant and method and the UPI figure is notably higher than some peers - confirm current per-method rates at https://easebuzz.in/pricing/ before relying on them.

No fixed monthly fee for the standard plan - CCAvenue charges per transaction (around 2% on domestic cards/net banking), with optional plans that trade a setup/annual fee for lower transaction rates. Confirm current rates with CCAvenue.