5 Best Alternatives to Razorpay in May 2024

Alternatives & Competitors to Razorpay

  1. 1. Stripe
  2. 2. PayPal
  3. 3. Payoneer
  4. 4. GoCardless
  5. 5. PayU
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Here are competitors or alternatives to Razorpay and other similar Payments software. You need to consider some important factors when choosing a tool like Razorpay for your business: the main features of each solution, ease of use of user interface, pricing or value for money for instance. Each software has its pros and cons so it's up to you to choose the best alternative to Razorpay that meets the needs of your small business. To help you compare each app and choose the right solution, we have put together a list of the best competitors of Razorpay. Discover sofware like Stripe, PayPal, Payoneer or GoCardless.

List of Alternatives to Razorpay

From Payments tools, we have selected the best alternatives to Razorpay based on reviews for each solution and similarities with Razorpay. Of course, each solution has its benefits and drawbacks, and its own features but, whether you are a small business, a startup or a large enterprise, you will find the right choice that empowers your projects.

logo stripe

Description

Stripe is a payment solution for ecommerce websites. It can be easily integrated to your website or app, and allows you to accept your customers' payments.

Stripe compared to Razorpay

Stripe has better positive reviews compared to Razorpay: 94 vs 73

Stripe is better at customer service than Razorpay: 4.7 vs 3.5

Stripe is easy to use compared to Razorpay: 4.5 vs 4.0

Stripe pricing plans are more competitive than Razorpay: 4.4 vs 3.6

Stripe has more functions than Razorpay: 34 vs 6

Stripe: Pros & Cons

Customer support: Customer service for this online payment solution is available 24/7
Advanced statistics: The reporting features of the tool are complete
Pricing method: The flat rate pricing, which is transparent and has no setup fees, is attractive
No trial version: Stripe does not offer a free trial of the payment gateway
Geographical limitations: The platform is only available in 39 markets
Complex API: Stripe’s API and open source tools are difficult to use without development expertise

Best features

  • - Payment processing

  • - Payment analytics and reporting

  • - Subsidiary services

  • - Subscription billing

  • - Fraud prevention

  • - International expansion

  • - Developer-friendly APIs

  • - Customizable checkout

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logo paypal

Description

From payment on your site to card readers, PayPal offers solutions that fit the way you sell.

PayPal compared to Razorpay

PayPal is a better solution based on percentage of positive reviews than Razorpay: 95 vs 73

PayPal is a better solution for customer support than Razorpay: 4.5 vs 3.5

PayPal is easier to set up than Razorpay: 4.5 vs 4.0

PayPal is more suitable for small businesses thanks to its good value for money than Razorpay: 4.6 vs 3.6

PayPal is more versatile than Razorpay: 84 vs 6

PayPal: Pros & Cons

Easy to configure: Simple to set up and use
PayPal fees: Fixed fees in 25 currencies
Security: Using PayPal secures payments for both customer and seller
Receipt of funds: Receipt of funds from customers can take up to three days
Customer service: PayPal support can be difficult to reach
Cybercrime: PayPal is a popular target for phishing and scams

Best features

  • - Quick checkouts

  • - Fast access to funds

  • - Financing options

  • - International payments

  • - Secure transactions

  • - Support your cause

  • - Simplify payments

  • - Accept payments anywhere

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Payoneer Logo

Description

Payoneer brings value by providing entrepreneurs and businesses with a secure and convenient way to send and receive global payments, manage multiple currencies, and access funds quickly. With Payoneer, businesses can expand their global reach, streamline their financial operations, and reduce costly fees and delays associated with traditional banking methods.

Payoneer compared to Razorpay

Payoneer has better positive reviews than Razorpay: 89 vs 73

Payoneer is better at customer support than Razorpay: 4.0 vs 3.5

Payoneer is better at ease to use than Razorpay: 4.5 vs 4.0

Payoneer is better at value for money than Razorpay: 4.2 vs 3.6

Razorpay is more versatile than Payoneer: 6 vs 5

Payoneer: Pros & Cons

Low fees: Payoneer offers competitive fees, allowing you to save money and keep your costs low.
Convenient payments: Payoneer provides multiple payment options, making it easier for you to receive payments from clients and customers.
Global reach: Payoneer allows you to easily receive and send payments internationally, expanding your business horizons.
High fees: Payoneer charges high fees for certain transactions, cutting into the profit margins of young entrepreneurs
Limited currency options: Payoneer supports a limited number of currencies, presenting a challenge for entrepreneurs operating in multiple markets.
Limited integration: Payoneer has limited integration options with popular e-commerce platforms, making it difficult to streamline business operations

Best features

  • - Competitive exchange rates

  • - Global payment solutions

  • - Multiple withdrawal options

  • - Seamless integrations

  • - Dedicated support

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logo gocardless

Description

With GoCardless, you can drastically reduce unpaid bills by facilitating direct debits from your customers.

GoCardless compared to Razorpay

GoCardless is a better solution based on percentage of positive reviews than Razorpay: 77 vs 73

GoCardless is more suitable for small businesses thanks to its good value for money than Razorpay: 3.8 vs 3.6

GoCardless has more functions than Razorpay: 16 vs 6

Best features

  • - Collection of recurring payments

  • - Collection of one-time payments

  • - Reduction of payment failures

  • - Optimised payment pages

  • - Real-time monitoring

  • - Advanced fraud prevention

  • - Automated reconciliation

  • - International payments

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logo payu

Description

Payment solutions built to work for your business; Offer your customers a secure payment gateway; 150+ payment modes with best success rates

PayU compared to Razorpay

PayU has better positive reviews compared to Razorpay: 88 vs 73

PayU is easier to use than Razorpay: 4.5 vs 4.0

PayU is more suitable for small businesses thanks to its good value for money than Razorpay: 4.3 vs 3.6

PayU is better at number of features than Razorpay: 40 vs 6

Best features

  • - Instant settlements

  • - Delight customers with 150+ payment modes

  • - Global growth

  • - Get industry best success rates

  • - Fraud detection & prevention

  • - Subscription billing

  • - Dynamic routing

  • - PayU wallet

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