Stripe vs Razorpay (2026): Which Payment Gateway Should You Use?

By ToolVS Research Team · Updated April 9, 2026 · Based on integration testing

Quick verdict: Stripe wins 6-4 for global businesses with the best developer experience, 135+ currencies, and 46+ country support. Razorpay is the clear winner for India-focused businesses with lower domestic fees, UPI support, and local payment methods.

Our Verdict

Best for Global / Developer DX

Stripe

4.7/5

2.9% + 30c per transaction

Best API documentation in payments
135+ currencies, 46+ countries
Billing, invoicing, tax built in

Higher fees for Indian domestic
No UPI payment support natively
Can be complex for non-developers

Try Stripe →

Best for India / Lower Fees

Razorpay

4.4/5

2% per domestic transaction

Lower fees for Indian payments (2%)
UPI, net banking, and wallets built in
Easy no-code payment links

Limited to India and Southeast Asia
Developer docs not as polished as Stripe
International features less mature

Try Razorpay →

Side-by-Side Comparison

👑

Stripe

Our Pick — wins out of 10

Razorpay

wins out of 10

Category	Stripe	Razorpay	Winner
Global Coverage	46+ countries	India + SE Asia	✔ Stripe
Developer DX	Best docs in the industry	Good, but not as polished	✔ Stripe
India Domestic Fees	3%	2%	✔ Razorpay
UPI Support	Limited	Full UPI, QR codes	✔ Razorpay
Subscriptions	Stripe Billing (advanced)	Good subscription support	✔ Stripe
No-Code Tools	Payment Links, Checkout	Payment Links, Pages, Buttons	✔ Razorpay
Fraud Prevention	Stripe Radar (ML-based)	Basic fraud detection	✔ Stripe
Tax Handling	Stripe Tax (automatic)	GST support only	✔ Stripe
Payouts Speed	2 days standard	Next-day settlement available	✔ Razorpay
Integrations	700+ integrations	200+ integrations	✔ Stripe

● Stripe wins 6 · ● Razorpay wins 4

Which do you use?

Stripe

Razorpay

Who Should Choose What?

Choose Stripe if:

You sell globally, need the best developer experience, or want advanced features like Stripe Billing, Radar, and Tax. The default for SaaS companies worldwide.

Choose Razorpay if:

You primarily serve Indian customers, need UPI and local payment methods, or want lower domestic transaction fees. Best for Indian startups and businesses.

Consider neither if:

You want the simplest setup for one-off payments -- use PayPal. For in-person retail -- look at Square or SumUp.

Frequently Asked Questions

Is Stripe better than Razorpay?

Stripe is better for global businesses with operations outside India. It supports 135+ currencies, has the best developer documentation, and works in 46+ countries. Razorpay is better for India-focused businesses with lower fees (2% vs 2.9%), UPI support, and local payment method coverage.

Can I use Stripe in India?

Yes, Stripe operates in India but with some limitations. Indian businesses can accept domestic and international payments. However, Razorpay offers more local payment methods (UPI, net banking, wallets) and lower domestic transaction fees.

Which has lower fees, Stripe or Razorpay?

Razorpay charges 2% per transaction for domestic Indian payments. Stripe charges 2.9% + 30 cents for US transactions, or 3% for Indian domestic payments. For India-based businesses, Razorpay is significantly cheaper. For international payments, fees are comparable.

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Our Methodology

We integrated both payment gateways into test applications, processing test transactions across multiple currencies and payment methods. We evaluated 10 criteria including fees, developer experience, global coverage, and fraud prevention.

Ready to accept payments?

Both are free to sign up. You only pay per transaction.

Try Stripe →Try Razorpay →

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Last updated: April 9, 2026. Pricing and features are verified weekly via automated tracking.