Is Razorpay or PayU cheaper in India?

At least one of these does not publish a clear starting price, so compare their India pricing pages directly — where a price exists, this page shows the all-in GST-registered cost in rupees.

Does Razorpay or PayU have a free plan?

Neither lists a permanent free plan, so budget for a paid plan from the start.

What should Indian businesses check before choosing a Payments & Billing tool?

For Online payment gateways and billing tools, check the real INR cost (with GST), free-plan limits, per-seat versus flat pricing, India-specific support and integrations, setup effort, and the vendor's pricing page directly before committing.

FindThatSoftwareComparison

Online payment gateways and billing tools

Razorpay vs PayU: India Payment Gateway Comparison (2026)

Two of India's most-used payment gateways compared on fees, features and developer experience.

✓ The pick — Razorpay

Quick answer: For online payment gateways and billing tools buyers in India, FindThatSoftware picks Razorpay. Best for indian businesses accepting UPI, cards, and netbanking online.

The two, weighed

Head-to-head — the case and the catch for each.

Source-backed facts only; no invented ratings. Each side shows the verified numbers, what earns it, and what to watch for.

Online payment gateways and billing tools✓ The pick

Razorpay

India-first payment gateway for accepting online payments, UPI, payment links, and subscriptions.

India fit: INR pricing

The case for

Broad Indian payment method coverage including UPI
Payment links and subscriptions reduce build effort

The catch

Per-transaction fees apply to every payment
Exact rates vary by method and need verification

Source trail

Razorpay pricing Razorpay (official site)

Read the record Visit Razorpay

Online payment gateways and billing tools

PayU

Indian payment gateway for online businesses, accepting cards, UPI, netbanking, wallets and EMI.

India fit: INR pricing

The case for

Rates are stated plainly at 2 percent for domestic cards, netbanking, wallets and BNPL, and 3 percent for EMI, Amex, Diners and international
There is no setup fee, no onboarding fee and no annual maintenance charge, unlike gateways that bill a yearly platform charge
PayU supports 150 plus payment modes and serves over five lakh Indian businesses, so local wallet and bank coverage is already broad

The catch

GST of 18 percent applies on top of the quoted rate, so 2 percent actually costs 2.36 percent of every transaction
Merchant UPI pricing is not published and varies by business type and volume, which is the mode most Indian buyers care about
Standard settlement is T plus 2 business days, and same day or priority settlement carries a fee set from your business profile
PayU states it can change or modify pricing at any point at its own discretion, so a quoted rate is not contractually fixed

Source trail

PayU pricing PayU (official site)

Read the record Visit PayU

Side by side

Razorpay vs PayU, in real rupees

The all-in India cost for a GST-registered business (card forex included), plus the gross figure if you can't reclaim GST, billing model, and free-plan availability. Cheaper entry price is marked.

India buying factor	Razorpay	PayU
Entry paid price (India)	Not listed	Not listed
If you can't reclaim GST	—	—
Billing model	Usage-based	Usage-based
Bills in	INR — no forex	INR — no forex
Free plan	No	No
Free trial	Not listed	Not listed

The verdict

The rule, not the feature list.

Narrow on purpose — which tool someone like you should pick, and why. Not every checkbox.

Both charge roughly 2% per transaction. Razorpay wins on developer experience, transparent pricing and modern tooling (payment links, subscriptions), making it the easier default for startups and SMBs. PayU suits larger merchants that value broad payment coverage and negotiated enterprise rates. For most Indian businesses integrating payments themselves, Razorpay is the smoother choice.

Read the Razorpay record

Not sold on either?Razorpay alternatives PayU alternatives

Questions

Is Razorpay or PayU cheaper in India?: At least one of these does not publish a clear starting price, so compare their India pricing pages directly — where a price exists, this page shows the all-in GST-registered cost in rupees.
Who should choose Razorpay?: Indian businesses accepting UPI, cards, and netbanking online
Does Razorpay or PayU have a free plan?: Neither lists a permanent free plan, so budget for a paid plan from the start.
What should Indian businesses check before choosing a Payments & Billing tool?: For Online payment gateways and billing tools, check the real INR cost (with GST), free-plan limits, per-seat versus flat pricing, India-specific support and integrations, setup effort, and the vendor's pricing page directly before committing.

For vendors

Work at one of these companies?

Work at Razorpay?

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Work at PayU?

Claim this listing to verify your details, correct pricing, and reach Indian buyers comparing tools right now.

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A short, occasional email with the India-first software tools and buying guides we'd actually recommend. Source-backed, no noise.

Head-to-head — the case and the catch for each.

Source-backed facts only; no invented ratings. Each side shows the verified numbers, what earns it, and what to watch for.

Online payment gateways and billing tools✓ The pick

Razorpay

India-first payment gateway for accepting online payments, UPI, payment links, and subscriptions.

India fit: INR pricing

The case for

Broad Indian payment method coverage including UPI
Payment links and subscriptions reduce build effort

The catch

Per-transaction fees apply to every payment
Exact rates vary by method and need verification

Source trail

Razorpay pricing Razorpay (official site)

Read the record Visit Razorpay

Online payment gateways and billing tools

PayU

Indian payment gateway for online businesses, accepting cards, UPI, netbanking, wallets and EMI.

India fit: INR pricing

The case for

Rates are stated plainly at 2 percent for domestic cards, netbanking, wallets and BNPL, and 3 percent for EMI, Amex, Diners and international
There is no setup fee, no onboarding fee and no annual maintenance charge, unlike gateways that bill a yearly platform charge
PayU supports 150 plus payment modes and serves over five lakh Indian businesses, so local wallet and bank coverage is already broad

The catch

GST of 18 percent applies on top of the quoted rate, so 2 percent actually costs 2.36 percent of every transaction
Merchant UPI pricing is not published and varies by business type and volume, which is the mode most Indian buyers care about
Standard settlement is T plus 2 business days, and same day or priority settlement carries a fee set from your business profile
PayU states it can change or modify pricing at any point at its own discretion, so a quoted rate is not contractually fixed

Source trail

PayU pricing PayU (official site)

Read the record Visit PayU

Razorpay vs PayU, in real rupees

The all-in India cost for a GST-registered business (card forex included), plus the gross figure if you can't reclaim GST, billing model, and free-plan availability. Cheaper entry price is marked.

India buying factor	Razorpay	PayU
Entry paid price (India)	Not listed	Not listed
If you can't reclaim GST	—	—
Billing model	Usage-based	Usage-based
Bills in	INR — no forex	INR — no forex
Free plan	No	No
Free trial	Not listed	Not listed