Debit card charges for merchants in India
Of the 9 payment gateways that publish a rate for debit card payments, Airpay leaves you the most from a ₹10,000 payment: ₹9,887.90 (up to ₹2,000: 0.45% · above ₹2,000: 0.95% + 18% GST). Instamojo leaves you the least: ₹9,760.46 (2% + ₹3 + 18% GST).
Published rates, last checked 26 Oct 2026. Ranked only by what you receive.
| App | Fee | You receive on ₹1,000 | You receive on ₹10,000 | You receive on ₹1 lakh | Arrives | Status |
|---|---|---|---|---|---|---|
| AirpayLeaves you the most | up to ₹2,000: 0.45% · above ₹2,000: 0.95% + 18% GST | ₹994.69 | ₹9,887.90 | ₹98,879.00 | In 1 working day (T+1) | Unverified |
| Cashfree Payments | 1.95% + 18% GSTAn offer may apply to new sign-ups | ₹976.99 | ₹9,769.90 | ₹97,699.00 | In 1–2 working days (T+1 to T+2) | Verified |
| Paytm Payment Gateway | 1.99% + 18% GST | ₹976.52 | ₹9,765.18 | ₹97,651.80 | In 1 working day (T+1) | Verified |
| PhonePe Payment Gateway | from 1.99% + 18% GST | ₹976.52 | ₹9,765.18 | ₹97,651.80 | In 1 working day (T+1) | Unverified |
| CCAvenue | 2% + 18% GST | ₹976.40 | ₹9,764.00 | ₹97,640.00 | Not published | Verified |
| PayU | 2% + 18% GST | ₹976.40 | ₹9,764.00 | ₹97,640.00 | In 2 working days (T+2) | Verified |
| Razorpay | 2% + 18% GSTAn offer may apply to new sign-ups | ₹976.40 | ₹9,764.00 | ₹97,640.00 | In 2 working days (T+2) | Verified |
| Zoho Payments | up to ₹2,000: 2% (no GST) · above ₹2,000: 2% + 18% GST | ₹980.00 | ₹9,764.00 | ₹97,640.00 | In 2 working days (T+2) | Verified |
| Instamojo | 2% + ₹3 + 18% GST | ₹972.86 | ₹9,760.46 | ₹97,636.46 | In 3 working days (T+3) | Verified |
Work it out for your own amount
Pick any app and amount. The calculator starts on the option that leaves you the most.
App
Payment method
You receive
₹9,887.90, after ₹112.10 in fees
The official rules
RBI debit card MDR caps (non-RuPay)
In force from 1 Jan 2018MDR caps by merchant turnover: small merchants (≤ ₹20 lakh previous-FY turnover) ≤ 0.40% (QR ≤ 0.30%), max ₹200 per transaction; others ≤ 0.90% (QR ≤ 0.80%), max ₹1,000. These cap MDR, not a gateway’s total platform fee.
RBI/2017-18/105 — Rationalisation of MDR for Debit Card…NPCI — FAQs: MDR on Select UPI (P2M) Transactions…
Zero MDR on RuPay debit cards
In force from 1 Jan 2020No MDR on RuPay debit card transactions since January 2020. As with UPI, some gateways still publish a platform fee for RuPay debit, or are silent.
GST exemption: card settlement up to ₹2,000
In force from 1 Jul 2017Services by an acquiring bank in relation to settlement of up to ₹2,000 in a single card transaction are exempt (Sl. 34, Notif. 12/2017). CBIC Circular 245/02/2025 extends this to RBI-regulated payment aggregators for the settlement function only, not payment gateway services. Whether a given gateway’s fee qualifies depends on how it is billed, so the app applies it only where the provider states it (e.g. Zoho, Stripe).
Notification 12/2017-Central Tax (Rate), Sl. No. 34CBIC Circular 245/02/2025-GST (28 Jan 2025)
GST at 18% on payment-processing fees
In force from 1 Jul 2017Residual financial services under Heading 9971 attract 9% CGST + 9% SGST (or 18% IGST). GST is charged on the provider’s fee, never on the transaction amount. Applied by default where a provider does not state the rate.
Questions people ask
Which payment gateway is cheapest for debit card payments?
- Of the 9 payment gateways that publish a rate for debit card payments, Airpay leaves you the most from a ₹10,000 payment: ₹9,887.90 (up to ₹2,000: 0.45% · above ₹2,000: 0.95% + 18% GST). Instamojo leaves you the least: ₹9,760.46 (2% + ₹3 + 18% GST). This uses each gateway’s published rate, before any sign-up offer; a rate you negotiate can be lower.
How much do payment gateways charge for debit card payments?
- Published fees run from up to ₹2,000: 0.45% · above ₹2,000: 0.95% + 18% GST (Airpay) to 2% + ₹3 + 18% GST (Instamojo). The most common is 2% + 18% GST, published by 3 gateways. On a ₹10,000 debit card payment, that leaves you between ₹9,760.46 and ₹9,887.90.
Is GST charged on debit card payment fees?
- Yes. GST at 18% is added to the app’s fee, never to the payment itself, and the amounts on this page already include it. If your business is registered for GST, you may be able to claim it back as input tax credit.
Status: Verified means the rate matches the provider’s official page. Unverified means we found it but couldn’t fully confirm it on an official page, so check it with the provider. Not published means the provider doesn’t publish it. Amounts include GST on the fee only, never on your payment, and use published rates before any sign-up offer. Your contract or dashboard has the final word. Clarifee isn’t paid by any payment company.
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