Razorpay vs Stripe

Updated November 2026 · AppBreakup editorial

Razorpay

Indian payment gateway for accepting UPI, cards, netbanking and wallets online, with business banking add-ons.

Paid

Visit Razorpay Razorpay profile

Stripe

Developer-focused online payments platform for accepting cards, wallets and local payment methods worldwide.

Paid

Visit Stripe Stripe profile

The short answer

Razorpay is built for businesses registered in India that want to collect UPI, cards, netbanking and wallets and settle to an Indian bank. Stripe is a global, developer-focused payments platform with 135+ currencies and add-ons for billing, tax and marketplaces. Pick Razorpay for selling mainly to Indian customers; pick Stripe if you sell internationally from a country Stripe supports and want deep developer tooling.

Razorpay or Stripe: our take

Razorpay is one of the most widely used gateways in India. Its checkout takes UPI, cards, netbanking, EMI and popular wallets, and it adds payment links, payment pages, subscriptions, invoices and QR codes, plus RazorpayX for payouts, current accounts and corporate cards. It is an RBI-authorised payment aggregator. Companies abroad can use it to collect INR from Indian customers, but it is not a general global processor.

Stripe is designed for selling across borders. It supports 135+ currencies and 100+ payment methods from one integration, and its well-documented APIs and full test mode make it a common choice for SaaS and marketplaces. Around the core sit Billing, tax calculations in 100+ countries, fraud screening, Connect for marketplace payouts, card issuing and in-person terminals. Availability depends on where your business is registered, so check that first.

Both charge per successful transaction with no setup fee. Razorpay's standard fee is 2% + GST per transaction, with ₹0 setup and ₹0 maintenance, a 0% gateway fee for the first 90 days and custom pricing above ₹5,00,000 monthly revenue. Stripe's card pricing is 2.9% + a fixed fee per successful domestic card charge, and rates vary by country and payment method. Stripe add-ons such as Billing and Tax carry their own fees. Razorpay activation needs KYC documents and review before going live. Both have web dashboards and iOS and Android apps.

An Indian D2C brand, startup or freelancer selling mostly to Indian customers will usually be better served by Razorpay's local payment methods and banking add-ons. A SaaS company or marketplace with international customers, registered in a supported country, will get more from Stripe. Some Indian businesses with overseas customers use both.

Choose Razorpay if…

Indian businesses that want a single gateway for UPI, cards and netbanking plus payouts
Covers UPI, cards, netbanking, EMI and wallets in one integration
No setup fee or annual maintenance charge on the standard plan

Choose Stripe if…

SaaS companies and marketplaces that sell internationally and want strong developer tooling
Well-documented APIs with a full test mode
Large set of payment methods and currencies from one integration

What is Razorpay?

Razorpay is one of the most widely used payment gateways in India. Businesses add its checkout to a website or app and can then take payments by UPI, credit and debit cards, netbanking, EMI and popular wallets, with settlement to an Indian bank account. Beyond the core gateway it offers payment links, payment pages, subscriptions, invoices and QR codes, plus RazorpayX for payouts, current accounts and corporate cards. Pricing is pay-as-you-go: a percentage fee on each successful transaction, with no setup or annual maintenance charge on the standard plan, and custom rates for larger volumes. It suits Indian startups, D2C brands, SaaS companies and freelancers who want one account for collecting money and paying it out. It is built mainly for businesses registered in India; companies abroad can use it to collect INR from Indian customers, but it is not a global processor in the way Stripe is. Everything is managed from a web dashboard and mobile apps, with APIs and plugins for common store platforms.

What is Stripe?

Stripe is a payments platform used by startups and large internet companies to accept money online and in person. Developers integrate its APIs or use prebuilt pieces such as Checkout, payment links and embeddable UI elements; non-developers can send invoices and payment links from the dashboard. It supports cards, digital wallets, bank debits and many local payment methods across a large number of currencies. Around the core gateway sit products for subscription billing, tax calculation, fraud screening, marketplace payouts (Connect), card issuing and in-person terminals. Standard pricing is pay-as-you-go per successful transaction with no setup or monthly fee; rates differ by country and payment method, and large businesses can get custom pricing. Stripe is known for clear documentation and test tooling, which is why it is a default choice for SaaS and marketplaces. Availability depends on the country where your business is registered, so check that your country is supported before building on it.

Side by side

Attribute	Razorpay	Stripe
Pricing	Paid	Paid
Open source	No	No
Self-hostable	No	No
Platforms	Web, iOS, Android	Web, iOS, Android
Best for	Indian businesses that want a single gateway for UPI, cards and netbanking plus payouts	SaaS companies and marketplaces that sell internationally and want strong developer tooling
Status	Active	Active

Verified facts, compared

Facts both apps publish, checked on each vendor's own site.

Fact	Razorpay	Stripe
Payment methods	Cards, netbanking, UPI and wallets	100+