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Instamojo vs Razorpay Payment Gateway

Instamojo

8.1#3 in payment gatewaysFrom ₹3,999 a year
Free planAndroidiOSWebAPI
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What both publish

FactInstamojoRazorpay Payment Gateway
FoundedLinkedIn lists the company as founded in 2012.2014
HeadquartersBengaluru, Karnataka, IndiaBangalore, Karnataka, India
IntegrationsThe maker lists API libraries or plugins for Python, Ruby, PHP, Java, C#, JavaScript, Android, iOS, WordPress, WooCommerce, Drupal, Magento, PrestaShop, and OpenCart.Listed integrations include Shopify, WooCommerce, Magento, Wix, WordPress, Android, iOS, PHP, Python, Ruby, Java, .NET, Node.js and Go.
Payment methodsThe pricing page lists UPI, domestic cards, netbanking, wallets, EMI options, corporate cards and premium or international cards subject to request.Razorpay says its gateway supports 100+ payment methods, including cards, UPI and netbanking.
SecurityInstamojo states that its payment gateway is PCI-DSS certified and that stores receive an automatically configured industry-standard SSL certificate.Razorpay states that the gateway is PCI DSS Level 1 compliant and uses continuous monitoring and advanced encryption.

Instamojo plans

  • Smart₹4,999 a year
  • Starter₹3,999 a year
  • Growth₹9,999 a year
  • QuickFree
  • Lite (Online Store)Free
  • LiteFree

Razorpay Payment Gateway plans

  • Payment Gateway$2, paid once

Pick Instamojo if…

Instamojo is aimed at D2C brands, MSMEs, startups, independent artists, creators, and entrepreneurs. It suits sellers seeking storefront, landing-page, or payment tools in one platform.

Pick Razorpay Payment Gateway if…

Razorpay Payment Gateway suits merchants, ecommerce businesses, schools and other companies that need to accept online payments. Its dedicated solution areas include SaaS, ecommerce, education and BFSI.

Charts they share