The short answer
Razorpay is billed per transaction (~2% + gst). It has a free tier: Free test mode + no monthly fee; ~2% per transaction live. The paid plans we list start at 2% per transaction (Standard (domestic)).
Plans and prices
| Plan | Price | What it covers |
|---|---|---|
| Standard (domestic) | 2% per transaction | Flat 2% + 18% GST on most domestic methods (cards, UPI, netbanking, wallets); charged only on successful transactions, no setup fee or AMC. |
| International Cards | Up to 3% per transaction | Cross-border card payments from overseas customers, plus 18% GST. |
| International Bank Transfers | 1% per transaction | SWIFT/ACH/SEPA/Faster Payments inbound transfers with zero forex markup. |
| UPI QR Codes | 0.99% per transaction | Discounted rate for UPI QR-code collections. |
| Subscriptions | ~0.9-1% add-on | Recurring-billing subscription fee layered on top of the base gateway fee per transaction. |
| Enterprise | Custom | Negotiated pricing for businesses processing above Rs. 5,00,000/month GMV. |
How Razorpay bills you
The pricing model is per transaction (~2% + gst). India's leading developer-friendly gateway with publicly documented APIs, self-serve signup, free tier, and broad SDK/plugin coverage. Best suited to: india-first developer payments suite.
What to watch for on the bill
- Transaction fees viewed as slightly higher than competitors like Cashfree and PayU
- Standard settlement is T+2 (domestic) / T+7 (international); instant settlement costs extra
The pricing page we read
Source: https://razorpay.com/pricing/. Prices change, so confirm there before you commit.
Compare Razorpay with alternatives
Other payments apis: Stripe, Square, Mollie, Braintree, Checkout.com.
Looking at quality rather than price? See the Razorpay score on APIbenchmarks. Full entry: Razorpay pricing.