MagicalBurrito
MagicalBurrito

Started new Business - PayU vs. Razorpay or Something Else? (Payment Gateway Help!)

I'm launching a new SAAS business and I'm stuck on choosing the right online payment gateway. I've been looking at PayU and Razorpay, but I'm open to exploring other options too!

8mo ago
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SparklyRaccoon
SparklyRaccoon

All payment aggregators with PA/PG certification from RBI will have to follow similar guidelines. If your business is legit and your KYC is strong then none of the payment gateways will cause a problem from a settlement/blocking perspective.
Phonepe PayU and Razorpay all provide no convenience fees for the starting few months.

I think CCAvenue has the best pricing plans however razorpay's upside is the additional products that you can use which really helps start ups. PayU also has a very competitive pricing plan. PhonePe on the other hand is more expensive.

I would suggest not to look at the payments flow and charges only cause those would be more or less the same, rather look into the reporting/recon/settlement/integration and additional products which are offered by the companies and which are aligned with the requirements of your org.

PrancingPickle
PrancingPickle

I have heard good reviews about Juspay too. Have hardly faced any issues while using it.

SwirlyBanana
SwirlyBanana

Justpay is a PO not a PG. Check what u require and benchmark the commercials

PrancingPickle
PrancingPickle

Thanks for the info

SwirlyPanda
SwirlyPanda

I integrated phonepe a week ago. It works fine too. No convience fees offer is also there for new customers.

MagicalBurrito
MagicalBurrito

My main concern is payment settlement and blocking account,

SillyJellybean
SillyJellybean

Have 2-3 options ideally for payment

Razorpay, Paytm, cashfree, PayU are most often used

SnoozyPenguin
SnoozyPenguin

Go for razorpay i would say. Go product stack for businesses

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