Registered business, per month
₹417
sticker ₹417/mo · ₹5,004/yr
₹492/mo if you can't reclaim GST
Instamojo is billed in rupees at ₹417/mo, so there is no forex markup. A GST-registered business reclaims the GST, so that is roughly the cost (₹5,004/yr). If you cannot reclaim GST, add 18% for about ₹492 a month.
Sticker price on the left, and the India cost per month for a GST-registered business on the right. GST is reclaimable input credit if you are registered.
Free store; txn fee 5% + Rs.3 (digital 10% + Rs.3), +18% GST
Rs.6,999/yr; txn fee 5% + Rs.3 (annual figure = yearly/12)
Rs.2,999/mo or Rs.14,999/yr; txn fee 2% + Rs.3; free domain up to Rs.1,000
custom - store setup, dedicated advisor, training
Free; txn fee 5% + Rs.3
Rs.2,499/mo or Rs.12,999/yr; txn fee 2% + Rs.3; free domain
Free; txn fee 2% + Rs.3
Rs.1,499/mo or Rs.4,999/yr; txn fee 2% + Rs.3
Free to start with no monthly fee - Instamojo charges per transaction (around 2-5% depending on method), with optional paid add-ons and an online store. Confirm current rates with Instamojo.
Instamojo bills in INR, so you skip the forex markup a dollar-priced tool adds on every charge. GST still applies, but a registered business reclaims it as input credit.
18% GST applies, but it is not a flat add-on. A GST-registered business reclaims it as input credit, and foreign B2B is reverse-charged so the vendor bills no GST. Only an unregistered buyer bears the full 18%, and some Indian vendors already include it.
Indicative, not a bill. The exchange rate is a single mid-market reference, not a live feed. Confirm current pricing on the vendor site. Pricing last verified Jul 19, 2026.
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