Instamojo vs Razorpay Comparison

86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Instamojo

Payment Gateway Software

1.9 7 user ratings

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90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Razorpay

Payment Gateway Software

4.1 35 user ratings

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Overview

Description	Instamojo can be integrated conveniently into any website and offers the simplest API with detailed attestation. With over six lac businesses using this gateway software to collect their payments, Instamojo makes for a highly lucrative deal as all you need to set up this software is a mobile number and a bank account. Marked as one of the simplest, easiest and most popular payment gateways with extremely user-friendly interface, some of the features about this gateway, which attracts users, is that it carries no setup or maintenance charge and works with both Debit and Credit cards, testified with over 58 banks. Moreover, one can even request for international plastic money transactions for overseas orders. It even supports mobile app usage on both Android and iOS handsets and can be tuned in with SMS and WhatsApp with a single zero cost account. With all these key highlights, Instamojo can instantly collect your payments and automatically transfer it to your bank account in no time at all. Read more	Razorpay is a converged payment solution that allows businesses to accept, process, and dispense online payments across the globe. It enables businesses to accept payments from customers and automate payouts to vendors and employees. New products launched by the platform allows customers to set up recurring payments, offers options such as No cost EMI, pay later, etc. The tool helps businesses accept payments quickly through a payment button and flag risky transactions instantly. Unregistered businesses such as consultants, freelancers, professionals, and homemakers can also easily accept payments using Razorpay products. Users can combine different products from Razorpay’s payment suite to solve specific problems of their businesses. These products include Payment Gateway, Payment Pages, Payment Links, Subscriptions, Smart Collect, and Route. Some important features of this tool are instant activation, easy integration, API-driven automation, multiple payment methods, PCI DSS Level 1 compliance, and real-time data and insights. Razorpay enables businesses to grow their sales by providing a superior checkout experience to the customers. Read more
Pricing Options	Free Trial Not Available Instamojo Offers Free-forever and Custom plan.	Free Trial Not Available Razorpay Offers Custom plan.
SW Score & Breakdown	86% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 95% Reviews 68% Momentum 62% Popularity 85%	90% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 98% Reviews 73% Momentum 64% Popularity 91%
SaaSworthy Awards	# 13 Fastest Growing # 7 Most Popular	# 3 Fastest Growing # 5 Most Popular

Features

Total Features	7 Features	7 Features
Common Features for All	Gift Card Management Manages prepaid payment card processing that helps the cardholder purchase goods online or within a specific retail store Invoice Payment Enables merchants to accept payments through custom links by creating invoices Mobile Payments Accept payment directly on your mobile handset Multiple Currency Processing Enables merchants to accept payment in multiple currencies PoS Transactions Enables merchants to accept payment on Point of Sale Recurring Billing Enables merchants to charge from customers on a recurring (periodic) basis Saved Cards Offers saving credentials of debit and credit cards for faster payment checkout in future Website Payments Enables merchants to accept payment on websites + 4 More - Show Less	Gift Card Management Manages prepaid payment card processing that helps the cardholder purchase goods online or within a specific retail store Invoice Payment Enables merchants to accept payments through custom links by creating invoices Mobile Payments Accept payment directly on your mobile handset Multiple Currency Processing Enables merchants to accept payment in multiple currencies PoS Transactions Enables merchants to accept payment on Point of Sale Recurring Billing Enables merchants to charge from customers on a recurring (periodic) basis Saved Cards Offers saving credentials of debit and credit cards for faster payment checkout in future Website Payments Enables merchants to accept payment on websites + 4 More - Show Less

Technical Details

Organization Types Supported	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android	SaaS/Web/Cloud Mobile - Android
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	Available	Available

Reviews & Ratings

User Rating	1.9/5 7 user ratings	4.1/5 35 user ratings
Ratings Distribution	Excellent 7.4% Very Good 14.8% Average 7.4% Poor 3.7% Terrible 66.7%	Excellent 60% Very Good 20% Average 4% Poor 3.2% Terrible 12.8%
Pros & Cons	No setup or maintenance charges Works with both Debit and Credit cards Supports mobile app usage on both Android and iOS handsets Can be tuned in with SMS and WhatsApp with a single zero cost account Instantly collects payments and automatically transfers it to your bank account Limited features compared to other payment gateways May not be suitable for high-volume businesses Lacks advanced reporting and analytics capabilities Customer support may not be as responsive as with other providers May not be as secure as other payment gateways	Converged payment solution that allows businesses to accept, process, and dispense online payments across the globe Enables businesses to accept payments from customers and automate payouts to vendors and employees New products launched by the platform allows customers to set up recurring payments, offers options such as No cost EMI, pay later, etc The tool helps businesses accept payments quickly through a payment button and flag risky transactions instantly Unregistered businesses such as consultants, freelancers, professionals, and homemakers can also easily accept payments using Razorpay products May not be suitable for small businesses with limited transaction volume Can be complex to set up and integrate May not be as cost-effective as other payment gateways Customer support may not be as responsive as with other providers May not be as secure as other payment gateways
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Instamojo Offers Free-forever and Custom plan.	Free Trial Not Available Razorpay Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Lite (Online Store) Free Starter (Online Store) Others Growth (Online Store) Others Do-IT-For-Me Custom Online Payments Others	Standard Plan Custom Enterprise Custom
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Paytm Payment Gateway 4.7 Based on 37 Ratings Instamojo Vs Paytm Payment Gateway Airpay Instamojo Vs Airpay Cashfree Payments 4.8 Based on 4 Ratings Instamojo Vs Cashfree Payments Razorpay 4.1 Based on 125 Ratings Instamojo Vs Razorpay PayU 1.9 Based on 89 Ratings Instamojo Vs PayU	PayU 1.9 Based on 89 Ratings Razorpay Vs PayU Instamojo 1.9 Based on 27 Ratings Razorpay Vs Instamojo Cashfree Payments 4.8 Based on 4 Ratings Razorpay Vs Cashfree Payments Stripe Payments 4.6 Based on 2291 Ratings Razorpay Vs Stripe Payments Paytm Payment Gateway 4.7 Based on 37 Ratings Razorpay Vs Paytm Payment Gateway
	View All Instamojo Alternatives	View All Razorpay Alternatives

Screenshots & Videos

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Vendor information

Company Details

Located in: Bangalore, India Founded in: 2012

Located in: Bangalore, India Founded in: 2014

Contact Details

Not available

https://www.instamojo.com/

+1 800-123-1272

https://razorpay.com/

Social Media Handles

Linkedin 32K

Twitter 6K

Facebook 46K

Instagram 28K

Youtube 8K

Linkedin 643K

Twitter 26K

Facebook 50K

Instagram 25K

Youtube 25K

FAQs

What are the key features of Instamojo?

Instamojo offers features like gift card management, invoice payment, mobile payments, multiple currency processing, PoS transactions, recurring billing, saved cards, and website payments.

What are the key features of Razorpay?

Razorpay's key features include gift card management, invoice payment, mobile payments, multiple currency processing, PoS transactions, recurring billing, saved cards, and website payments.

Which product offers better integration options?

Razorpay offers easy integration with various platforms like OpenCart, PrestaShop, WordPress, Wix, CS-Cart, WooCommerce, and Shopify.

What are the alternatives to Instamojo and Razorpay?

Alternatives to Instamojo include Paytm Payment Gateway, Airpay, Cashfree Payments, and PayU. Alternatives to Razorpay include PayU, Instamojo, Cashfree Payments, Stripe Payments, and Paytm Payment Gateway.

Which product is better suited for large-scale payment processing?

Both Instamojo and Razorpay are suitable for large-scale payment processing, offering features like multiple currency processing, recurring billing, and real-time data and insights.