Home/Payment Gateway Software/Razorpay vs PaystackUpdated on: April 23, 2024

Compare Razorpay vs Paystack

90% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
88% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Visit Website

Visit Website

ADD PRODUCT
90% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
88% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Visit Website

Visit Website

Overview

Summary

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. ..show more

Paystack is a financial computations transaction software developed for enterprises of all sizes to facilitate online and offline transactions in Africa. It is ideal for freelancers, individuals and all types of businesses. This software routes payments through the most efficient channels, resulting in the greatest transaction success rates in the industry. Customers may pay you in whatever way they choose once you've integrated Paystack. Paystack protects you from fraudulent transactions and chargeback claims using a combination of automatic and human fraud solutions. Its well-documented APIs allow you to create everything from basic weekend endeavors to large financial solutions that serve hundreds of thousands of clients. The software enables website payments, mobile payments, invoice payments, and PoS transactions to ensure a smooth user friendly experience to its customers. It also provides features to monitor recurring billing to eliminate any chances of fraud or financial error. ..show more

Features

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

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

Bangalore, India / +1 800-123-1272

Paystack

API

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

Standard Plan
Custom

Plan designed for Startups, Small and Medium Enterprises

  • 2%* Razorpay platform fee
  • Get access to Flash Checkout, Dashboard, Reports & much more
  • *GST applicable. Instruments like Diners and Amex Cards, International Cards, EMI (Credit Card, Debit Card & Cardless) & Corporate (Business) Credit Cards will be charged at 3%

One-Time Setup Fee

  • ₹ 0.00 No setup fee

Annual Maintenance Fee

  • ₹ 0.00 No maintenance fee

Features

  • Email, Chat, and Call Support Available
  • Completely online, paper-less activation
  • Checkout JS, Developer APIs, Mobile SDKs, Payment Gateway Dashboard, Flash Checkout, International Payments and tons of amazing new features that we are building.
Enterprise
Custom

Plan designed for Large Volumes

  • Custom Pricing

We offer a very competitive pricing to match your business needs. Sign Up now to get started.

Features

  • Early Access to New Features
  • 24x7 Priority Support Available
  • Online Activation within 24 hours
  • Pre-assigned Key Account Manager
  • Checkout JS, Developer APIs, Mobile SDKs, Payment Gateway Dashboard, Flash Checkout, International Payments and tons of amazing new features that we are building
View Price Page
Paystack
Others

For Local Transactions: 1.5% + ₦100

For International Transactions: 3.9% + ₦100

Features

  • ₦100 fee waived for transactions under ₦2500
  • Local transactions fees are capped at ₦2000, meaning that's the absolute maximum you'll ever pay in fees per transaction
  • Get paid by your customers from all over the world
  • International cards are charged and settled in Naira by default, but you can also choose to get settled in USD
View Price Page

SCREENSHOTS

Razorpay Screenshots
View 3 screenshot(s)
Paystack Screenshots
View 6 screenshot(s)

INTEGRATIONS

  • OpenCart
  • PrestaShop
  • WordPress
  • Wix
  • CS-Cart
  • WooCommerce
  • Shopify
    NA

ALTERNATIVES

Top alternatives to Razorpay

PayPal
PayPal
Instamojo
Instamojo
CCAvenue
CCAvenue
Paytm Payment Gateway
Paytm Payment Gateway
Cashfree Payments
Cashfree Payments

Top alternatives to Paystack

PayPal
PayPal
Stripe Billing
Stripe Billing
Authorize.Net
Authorize.Net
Payoneer
Payoneer
2Checkout
2Checkout