Razorpay vs Paytm
What you actually receive from each payment, method by method, using each app’s published online rates with GST on fees. We order nothing by brand: the only measure is the amount that lands in your account.
Of the 6 methods both publish, on a ₹10,000 payment Paytm leaves you more on 6. Your mix of methods decides which costs less overall.
| Method | Customer pays | Razorpay gives you | Paytm gives you |
|---|---|---|---|
| UPI (bank account)Razorpay: 2% + 18% GSTPaytm: 1.99% + 18% GST | ₹1,000 | ₹976.40 | ₹976.52More for you |
| ₹10,000 | ₹9,764.00 | ₹9,765.18More for you | |
| ₹1,00,000 | ₹97,640.00 | ₹97,651.80More for you | |
| UPI via RuPay credit cardRazorpay: 2.15% + 18% GSTPaytm: Not offered | ₹1,000 | ₹974.63 | Not offered |
| ₹10,000 | ₹9,746.30 | Not offered | |
| ₹1,00,000 | ₹97,463.00 | Not offered | |
| Debit cardRazorpay: 2% + 18% GSTPaytm: 1.99% + 18% GST | ₹1,000 | ₹976.40 | ₹976.52More for you |
| ₹10,000 | ₹9,764.00 | ₹9,765.18More for you | |
| ₹1,00,000 | ₹97,640.00 | ₹97,651.80More for you | |
| RuPay debit cardRazorpay: 2% + 18% GSTPaytm: 1.99% + 18% GST | ₹1,000 | ₹976.40 | ₹976.52More for you |
| ₹10,000 | ₹9,764.00 | ₹9,765.18More for you | |
| ₹1,00,000 | ₹97,640.00 | ₹97,651.80More for you | |
| Credit cardRazorpay: 2% + 18% GSTPaytm: 1.99% + 18% GST | ₹1,000 | ₹976.40 | ₹976.52More for you |
| ₹10,000 | ₹9,764.00 | ₹9,765.18More for you | |
| ₹1,00,000 | ₹97,640.00 | ₹97,651.80More for you | |
| Corporate credit cardRazorpay: 3% + 18% GSTPaytm: Not offered | ₹1,000 | ₹964.60 | Not offered |
| ₹10,000 | ₹9,646.00 | Not offered | |
| ₹1,00,000 | ₹96,460.00 | Not offered | |
| AmexRazorpay: 3% + 18% GSTPaytm: Not published | ₹1,000 | ₹964.60 | Not published |
| ₹10,000 | ₹9,646.00 | Not published | |
| ₹1,00,000 | ₹96,460.00 | Not published | |
| Net bankingRazorpay: 2% + 18% GSTPaytm: 1.99% + 18% GST | ₹1,000 | ₹976.40 | ₹976.52More for you |
| ₹10,000 | ₹9,764.00 | ₹9,765.18More for you | |
| ₹1,00,000 | ₹97,640.00 | ₹97,651.80More for you | |
| WalletsRazorpay: 2% + 18% GSTPaytm: 1.99% + 18% GST | ₹1,000 | ₹976.40 | ₹976.52More for you |
| ₹10,000 | ₹9,764.00 | ₹9,765.18More for you | |
| ₹1,00,000 | ₹97,640.00 | ₹97,651.80More for you | |
| Pay laterRazorpay: 2% + 18% GSTPaytm: Not offered | ₹1,000 | ₹976.40 | Not offered |
| ₹10,000 | ₹9,764.00 | Not offered | |
| ₹1,00,000 | ₹97,640.00 | Not offered | |
| EMIRazorpay: Not available at this amountPaytm: Not offered | ₹1,000 | Not available at this amount | Not offered |
| ₹10,000 | ₹9,646.00 | Not offered | |
| ₹1,00,000 | ₹96,460.00 | Not offered | |
| Bank transferRazorpay: 1% + 18% GSTPaytm: Not offered | ₹1,000 | ₹988.20 | Not offered |
| ₹10,000 | ₹9,882.00 | Not offered | |
| ₹1,00,000 | ₹98,820.00 | Not offered | |
| InternationalRazorpay: 3% + 18% GSTPaytm: Not published | ₹1,000 | ₹964.60 | Not published |
| ₹10,000 | ₹9,646.00 | Not published | |
| ₹1,00,000 | ₹96,460.00 | Not published |
Compare with your monthly mix
Published rates, last checked 26 Oct 2026. Offers for new sign-ups aren’t included.
Fees include GST on the fee only. Figures are estimates from each app’s published pricing; your contract or dashboard has the final word. Clarifee isn’t affiliated with or paid by either company.
Razorpay vs Paytm: questions people ask
Which is cheaper, Razorpay or Paytm?
- Of the 6 methods both publish, on a ₹10,000 payment Paytm leaves you more on 6. The methods where Paytm leaves you more: UPI, debit cards, RuPay debit cards, credit cards and 2 more. Which costs less overall depends on how your customers pay, so compare the methods you use most. All amounts use each app’s published rates and include GST on the fee.
Is Razorpay or Paytm cheaper for UPI payments?
- On a ₹10,000 UPI payment, Razorpay leaves you ₹9,764.00 and Paytm leaves you ₹9,765.18. Paytm leaves you ₹1.18 more. Razorpay’s fee: 2% + 18% GST. Paytm’s fee: 1.99% + 18% GST.
Is Razorpay or Paytm cheaper for credit card payments?
- On a ₹10,000 credit card payment, Razorpay leaves you ₹9,764.00 and Paytm leaves you ₹9,765.18. Paytm leaves you ₹1.18 more. Razorpay’s fee: 2% + 18% GST. Paytm’s fee: 1.99% + 18% GST.
Is Razorpay or Paytm cheaper for debit card payments?
- On a ₹10,000 debit card payment, Razorpay leaves you ₹9,764.00 and Paytm leaves you ₹9,765.18. Paytm leaves you ₹1.18 more. Razorpay’s fee: 2% + 18% GST. Paytm’s fee: 1.99% + 18% GST.
Which settles faster, Razorpay or Paytm?
- For UPI payments, Razorpay settles in 2 working days (T+2) and Paytm settles in 1 working day (T+1). Both count working days.
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Official sources
- Razorpay — Payment Gateway Charges
- Razorpay — Ecommerce Payment Gateway (FAQ)
- Razorpay Docs — About Settlements
- Razorpay Docs — Normal Refunds
- Razorpay Docs — Instant Refunds
- Razorpay Docs — Chargeback Fees & Penalties
- Razorpay — Instant Settlements (fee ranges)
- Paytm Payments — Pricing
- Paytm Payments — Pricing T&C
- Paytm Payments Docs — Supported Settlement Plans
- Paytm support — Will I be charged to refund a payment? (© 2022)
- Paytm for Business — Pricing
- Razorpay — Freelancer Payment Gateway
- Razorpay Docs — Smart Collect
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