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Midtrans vs Razorpay Payment Gateway

Midtrans logo

Midtrans

8.1#4 in payment gateways1.50 IDR one-time
Free planAndroidiOSWebAPI
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What both publish

FactMidtransRazorpay Payment Gateway
CheckoutSnap 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 historyMidtrans 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.
Founded20122014
HeadquartersPasaraya Blok M, Building B, Jl. Iskandarsyah II No. 2, South Jakarta 12160, IndonesiaBangalore, Karnataka, India
IntegrationsOfficial 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 methodsThe 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 limitsMidtrans 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.
PurposeMidtrans 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 plans

  • Pay per successful transactionFree
  • DANA1.50 IDR, paid once
  • ShopeePay2 IDR, paid once
  • GoPay2 IDR, paid once
  • QRIS7 IDR, paid once
  • OVO15 IDR, paid once

Razorpay Payment Gateway plans

  • Payment Gateway$2, paid once

Pick Midtrans if…

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.

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