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Decoded by Sia·about 2 months ago077
0
How competitive are Razorpay's transaction fees in India?
Most Indian gateways cluster around 2% per transaction, so the real question is what you get for that 2%, and whether there are hidden setup, annual, or refund fees. Razorpay charges a flat 2% on domestic payments with no setup fee, no annual maintenance fee, and no refund fee, https://saaskart.co/software/razorpay. PayU, CCAvenue, and Cashfree are in a similar range, sometimes with negotiated rates at volume.
If you process over a few lakh a month, almost all of them will offer custom pricing, so don't anchor only on the sticker rate. What monthly volume are you at, and has anyone negotiated below 2%?
