
Midtrans
8.1#4 in payment gateways1.50 IDR one-timeFree planAndroidiOSWebAPI
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| Fact | Midtrans | Razorpay Payment Gateway |
|---|---|---|
| Checkout | Snap provides a built-in checkout interface for websites and mobile apps, while Core API lets merchants create their own payment flow and interface. | The product offers a conversion-optimized checkout designed to reduce customer friction. |
| Company history | Midtrans says it was established as Veritrans in 2012, rebranded in 2016 and acquired by Gojek in 2017. | Razorpay's About page says it was founded by IIT Roorkee alumni; it does not state a founding year on that page. |
| Founded | 2012 | 2014 |
| Headquarters | Pasaraya Blok M, Building B, Jl. Iskandarsyah II No. 2, South Jakarta 12160, Indonesia | Bangalore, Karnataka, India |
| Integrations | Official integration paths include SNAP, Core API, Payment Link, Mobile, plugins and invoice financing beta. | Listed integrations include Shopify, WooCommerce, Magento, Wix, WordPress, Android, iOS, PHP, Python, Ruby, Java, .NET, Node.js and Go. |
| Payment methods | The service advertises 25 payment methods, including bank transfer, cards, QRIS and e-wallets. | Razorpay says its gateway supports 100+ payment methods, including cards, UPI and netbanking. |
| Pricing limits | Midtrans says setup is free and fees apply only to successful transactions, while gaming and digital product companies are subject to different rates. | The pricing page states there are no setup fees or annual maintenance charges, while high-volume merchants can request custom pricing, typically above ₹5 lakh per month. |
| Purpose | Midtrans helps businesses accept payments through cards, bank transfers, e-wallets, over-the-counter payments, and other methods. | Razorpay Payment Gateway lets businesses accept online payments through UPI, cards, netbanking, EMI and other methods. |
Midtrans suits businesses that need to accept several payment types online, in an app, or through shared payment links. Its checkout options and ecommerce integrations may fit businesses choosing between a ready-made flow and a custom one.
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.