Razorpay Pricing 2026: Plans, Pros & Cons

Overview

Razorpay is an Indian payments company whose gateway accepts domestic cards, UPI and RuPay, as well as international cards for exporters. Its standard plan applies a single platform fee across most domestic instruments.^[11]

On the standard plan, domestic Visa, Mastercard, American Express and Diners cards, UPI and RuPay debit carry a 2% platform fee per successful transaction; corporate or business credit cards cost 2.15%. International cards cost up to 3%. There is no setup fee and no annual maintenance charge, and refunds incur no processing fee. Goods and services tax at 18% applies to the platform fee. International bank transfers on the standard plan cost 1% with a stated 0% foreign-exchange markup. Businesses processing more than ₹5 lakh a month can request custom pricing.^[11] Razorpay notes that UPI is MDR-free under Reserve Bank of India policy, so its UPI charge is a platform fee rather than a merchant discount rate.

Razorpay features

UPI, domestic cards and RuPay
International card acceptance
International bank transfers
No setup or annual fee
Custom pricing above ₹5 lakh/month

Razorpay pricing

2% platform fee on domestic cards, UPI and RuPay; 2.15% on corporate cards; up to 3% on international cards; +18% GST on fees; ₹0 setup and annual fees.