Payment Gateways

PhonePe Payment Gateway vs Razorpay

Both are payment gateways. The short answer: choose PhonePe Payment Gateway if you are businesses whose customers mostly pay by UPI; choose Razorpay if you are online businesses and startups wanting a developer-friendly gateway.

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PhonePe Payment Gateway logo PhonePe Payment GatewayRazorpay logo Razorpay
Best forBusinesses whose customers mostly pay by UPIOnline businesses and startups wanting a developer-friendly gateway
Free planVerifyVerify
PricingSee providerSee provider
Built for IndiaYesYes
CategoriesPayment GatewaysPayment Gateways
Strengths
  • Familiar UPI brand for customers
  • UPI-focused checkout
  • Wide payment method support
  • Payment links without a website
  • Good developer documentation
Watch out for
  • Check availability of features for your category
  • Fees and settlement terms vary by business type
  • KYC approval required
Visit PhonePe Payment GatewayVisit Razorpay

Which should you choose?

PhonePe Payment Gateway: Payment gateway from PhonePe with UPI-first checkout plus cards and netbanking.

Razorpay: Payment gateway with UPI, cards, netbanking and wallets, plus payment links, pages, subscriptions and invoices.

The best way to decide is to run the same week of real work through both — most offer a free plan or trial — and compare how long tasks take, what your team prefers, and the total cost for your number of users including renewal pricing.

Not sure either fits? See all payment gateways compared.