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Razorpay VS Paytm for Business

Let’s have a side-by-side comparison of Razorpay vs Paytm for Business to find out which one is better. This software comparison between Razorpay and Paytm for Business is based on genuine user reviews. Compare software prices, features, support, ease of use, and user reviews to make the best choice between these, and decide whether Razorpay or Paytm for Business fits your business.

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  • Recommended
  • img 21 Ratings & 17 Reviews
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  • img 12 Ratings & 10 Reviews
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Pricing

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Price Plans

Price on Request

Get customise plan according to your business requirement

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Price on Request

Get customise plan according to your business requirement

Get Price

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  • Free Trial
  • Lifetime Plan
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  • img Free Trial
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  • img Free Trial
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Offers

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Available offers & discounts

img Save upto 28%, Get GST Invoice on your business purchase

img Buy Now & Pay Later, Check offer on payment page.

img Save upto 28%, Get GST Invoice on your business purchase

img Buy Now & Pay Later, Check offer on payment page.

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Best deals by our expert on your business requirements

Ratings

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Overall ratings

4.2

21 Ratings & 17 Reviews

85% Likelihood to Recommend

4.2

12 Ratings & 10 Reviews

90% Likelihood to Recommend

Pros & Cons

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Pros

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Razorpay makes it super easy to set up and use. The API is straightforward, and ...Read more - Babita Jul 04, 2024

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Razorpay is the best payment gateway with an easy-to-understand dashboard, all r...Read more - Nidhi Shah Jul 03, 2024

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Paytm Business offers a great platform to handle all types of payments. I like t...Read more - Navnit Sep 12, 2024

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What I enjoy about Paytm Business is how it provides different payment methods, ...Read more - Harish thakur Sep 12, 2024

Cons

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There aren't many issues I've come across, but it would be great if they added a...Read more - Babita Jul 04, 2024

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Document verification takes a long time, competitors offer 0% commission on UPI ...Read more - Nidhi Shah Jul 03, 2024

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The only downside is that the additional fees for their accessories, like the so...Read more - Navnit Sep 12, 2024

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There are occasional delays in how long it takes for payments to reach my accoun...Read more - Nitin sikri Sep 11, 2024

Reviews

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Verified customer reviews

Razorpay: Smooth Payment Processing

Babita Jul 04, 2024

Best Payment Gateway for Online Business

Nidhi Shah Jul 03, 2024

An All-in-One Payment Platform for Business Owners

Navnit Sep 12, 2024

A Reliable Tool for Daily Business Transactions

Harish thakur Sep 12, 2024

Best Use for

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Business Size:

  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500​-​1000 Employees
  • img More than 1000+ Employees
  • img Individual
  • img 2-50 Employees
  • img 51-250 Employees
  • img 250-500 Employees
  • img 500​-​1000 Employees
  • img More than 1000+ Employees

Business Type:

  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers
  • img Small Business
  • img Startups
  • img Medium Business
  • img Enterprise
  • img SMBs
  • img SMEs
  • img MSMBs
  • img MSMEs
  • img Freelancers

Industries:

  • imgAll Industries
  • imgAll Industries

We provide the best software solution for your business needs

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Features

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Payment Methods

  • img UPI
  • img Debit / Credit Cards
  • img Net Banking
  • img Digital Wallet
  • img Cardless EMI
  • img Buy Now, Pay Later (BNPL)
  • img Cryptocurrency
  • img ACH Payments
  • img QR Code Based Payments
  • img UPI
  • img Debit / Credit Cards
  • img Net Banking
  • img Digital Wallet
  • img Cardless EMI
  • img Buy Now, Pay Later (BNPL)
  • img Cryptocurrency
  • img ACH Payments
  • img QR Code Based Payments

Core Functionalities

  • img Dedicated POS
  • img Multi Currency Support
  • img Pre-onboarding Assistance
  • img Branding & Customization
  • img Currency Conversion
  • img Coupons and Offers Engine
  • img Mobile Responsiveness
  • img Payment Links
  • img Guest Checkout
  • img Multi-Language Checkout
  • img Store Creation
  • img Landing Page Creation
  • img Split Payments
  • img Instant Settlements
  • img Dedicated Account Manager
  • img Automated Reconciliation
  • img Loyalty Management
  • img Dedicated POS
  • img Multi Currency Support
  • img Pre-onboarding Assistance
  • img Branding & Customization
  • img Currency Conversion
  • img Coupons and Offers Engine
  • img Mobile Responsiveness
  • img Payment Links
  • img Guest Checkout
  • img Multi-Language Checkout
  • img Store Creation
  • img Landing Page Creation
  • img Split Payments
  • img Instant Settlements
  • img Dedicated Account Manager
  • img Automated Reconciliation
  • img Loyalty Management

Administrative Features

  • img Reporting & Analytics
  • img User Access Management
  • img Merchant Portal
  • img Tax Management
  • img Invoice Generation
  • img Reporting & Analytics
  • img User Access Management
  • img Merchant Portal
  • img Tax Management
  • img Invoice Generation

Subscription Management

  • img Reccuring Payments
  • img Proration
  • img Dunning
  • img Reccuring Payments
  • img Proration
  • img Dunning

Integrations Supported

  • img API Integration
  • img SDK Integration
  • img E-Commerce Integration
  • img Third Party Integration
  • img CRM Integration
  • img Order Management
  • img POS Integration
  • img API Integration
  • img SDK Integration
  • img E-Commerce Integration
  • img Third Party Integration
  • img CRM Integration
  • img Order Management
  • img POS Integration

Security Features

  • img PCI DSS Compliance
  • img Fraud Detection & Prevention
  • img Tokenization
  • img Two-Factor Authentication (2FA)
  • img Multi-Factor Authentication (MFA)
  • img Risk Management
  • img Automatic Device Recognition
  • img PCI DSS Compliance
  • img Fraud Detection & Prevention
  • img Tokenization
  • img Two-Factor Authentication (2FA)
  • img Multi-Factor Authentication (MFA)
  • img Risk Management
  • img Automatic Device Recognition

Alerts & Notifications

  • img Downtime Alerts
  • img Transaction Notifications
  • img Security Alerts
  • img Discrepancy Alerts
  • img Custom Event Notifications
  • img Downtime Alerts
  • img Transaction Notifications
  • img Security Alerts
  • img Discrepancy Alerts
  • img Custom Event Notifications

Specifications

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Deployment

  • img Web based
  • img On Premises
  • img Web based
  • img On Premises

Device Supported

  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet
  • img Desktop
  • img Mobile
  • img iPad
  • img Tablet

Supported Platforms

  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu
  • img Windows
  • img Mac OS
  • img Android
  • img iOS
  • img Linux
  • img Ubuntu

Languages support

  • imgEnglish
  • imgEnglish

Question and Answers

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Product related question and answers

How is the Razorpay application different from the Google Pay application, and how is it better? img

Both Razorpay and Google Pay are payment apps, but Razorpay is designed for busi... Read more

How do I integrate the Razorpay payment gateway in a WooCommerce website? img

To integrate WooCommerce with Razorpay, follow the steps given below: Cre... Read more

Which ecommerce companies use Razorpay? Is it a stable platform? img

There are many famous ecommerce companies that use Razorpay for online payments.... Read more

How can I initiate the refund in Paytm PG? img

To initiate a refund in Paytm PG, follow the steps given below: Open your ... Read more

What reports are available on the Merchant dashboard in Paytm PG? img

Some of the reports available on the Paytm PG merchant dashboard are as follows:... Read more

How do I update my bank account details in Paytm PG? img

To update your bank account details in Paytm PG, follow the steps given below: ... Read more

Alternatives

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Top Alternative Products

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PayG

PayG


See all Razorpay alternatives img
Cashfree

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Airpay Payment Gateway

Airpay Payment Gateway


Ccavenue

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PayG

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See all Paytm for Business alternatives img

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Similar Comparison

Razorpay vs Paytm for Business Comparison FAQs

Software questions,
answered

While Razorpay offers customized features, Paytm for Business has diverse modules. Select between Razorpay or Paytm for Business as per your business needs.

Both these products offer similar features but with a different approach. While Razorpay emphasizes on user experiences, Paytm for Business focuses on functionalities.

It all depends on the functionalities that you prefer. While Razorpay offers add-ons along with essential features, Paytm for Business emphasizes on customization.

No, the difference between Razorpay and Paytm for Business lies in terms of features and functionalities. While Razorpay can be customized as per the user’s needs, Paytm for Business addresses the diverse audience.

It depends upon your business requirement. Both Razorpay and Paytm for Business provides standard features to cater diverse industry needs.

The difference lies in terms of the user interface and functionalities. While Razorpay is customizable, Razorpay offers comprehensive modules.

A Quick Comparison Between Razorpay vs Paytm for Business

Choosing any software for your organisation is a crucial decision. As a decision maker, you must ensure that the software you choose addresses the pain points of your teams and reaps maximum benefit for you.

  • Comparison of Razorpay vs Paytm for Business In terms of Features
  • Comparison Between Razorpay and Paytm for Business In terms of Deployment Type
  • Razorpay or Paytm for Business: Which Is Ideal for Your Industry
  • Which Is Better? - Razorpay or Paytm for Business

Comparison of Razorpay vs Paytm for Business In terms of Features

Razorpay includes features like Flash Checkout, Loyalty Management, Split Payments and Multi-Language Checkout. Paytm for Business is known for functionalities like Order Management, Pre-onboarding Assistance, Currency Conversion and Coupons and Offers Engine. When you compare Razorpay vs Paytm for Business, look for scalability, customization, ease of use, customer support and other key factors. The one which suits your business needs is the best.

Comparison Between Razorpay and Paytm for Business In terms of Deployment Type

While Razorpay supports Web Based deployment; Paytm for Business is suitable for Web Based deployment. While selecting between Razorpay and Paytm for Business, figure out which one of the two is compatible with your devices. This will help in reducing the hassle after implementation.

Razorpay or Paytm for Business: Which Is Ideal for Your Industry

Razorpay is ideal for industries like All Industries. For All Industries, Paytm for Business is a better choice. If you are confused between Razorpay or Paytm for Business, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI. However, do check for the hidden price, is any.

Which Is Better? - Razorpay or Paytm for Business

Razorpay and Paytm for Business can be used for different purposes and are well-suited for teams with specific needs. If you are looking for a platform that is easy to use, has low barriers to entry, and offers a lot of customization, flexibility, and integration options, then you must compare their specifications in detail at the time of demo. Compare Razorpay and Paytm for Business during demo to decide which one is best for your business.

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