PayPal

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Razorpay

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PayPal vs Razorpay: What are the differences?

What is PayPal? Send Money, Pay Online or Set Up a Merchant Account. PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser..

What is Razorpay? *A modern payment gateway *. It allows online businesses to accept, process and disburse digital payments through several payment modes like debit cards, credit cards, net banking, UPI and prepaid digital wallets.

PayPal and Razorpay belong to "Payment Services" category of the tech stack.

Some of the features offered by PayPal are:

  • 2.9% + $0.30 or less- With our flat, transparent pricing, you’ll never be surprised by hidden or variable fees. We also offer discounted rates when you sell a lot, or when you use our card reader.
  • Keeping every seller secure- If you’re sent an unauthorized payment, or a buyer claims they never received an item, our Seller Protection covers you for the full amount of the eligible payment.
  • Easy for them, easy for you- With just a few clicks, you can get paid by debit card, credit card, or a PayPal transfer. All someone needs to start buying from you is your e-mail address or mobile number.

On the other hand, Razorpay provides the following key features:

  • Instant Activation
  • Easy Integration
  • Dashboard Reporting
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    Cons of PayPal
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      What is PayPal?

      PayPal is an online payments and money transfer service that allows you to send money via email, phone, text message or Skype. They offer products to both individuals and businesses alike, including online vendors, auction sites and corporate users. PayPal connects effortlessly to bank accounts and credit cards. PayPal Mobile is one of PayPal’s newest products. It allows you to send payments by text message or by using PayPal’s mobile browser.

      What is Razorpay?

      It allows online businesses to accept, process and disburse digital payments through several payment modes like debit cards, credit cards, net banking, UPI and prepaid digital wallets.
      What companies use PayPal?
      What companies use Razorpay?

      Sign up to get full access to all the companiesMake informed product decisions

      What tools integrate with PayPal?
      What tools integrate with Razorpay?

      Sign up to get full access to all the tool integrationsMake informed product decisions

      What are some alternatives to PayPal and Razorpay?
      Stripe
      Stripe makes it easy for developers to accept credit cards on the web.
      WePay
      WePay helps people sell tickets to events, send invoices, sell items online, and accept donations online. WePay also provides an API that allows developers to access its payments platform.
      Payoneer
      It is a financial services company that provides online money transfer and digital payment services and working capital solutions
      TransferWise
      It bypasses pricey international payments entirely by using two local transfers instead of one international transaction. If you want to convert your pounds to euros, you send the money in pounds to its UK-based account.
      Braintree
      Braintree replaces traditional payment gateways and merchant accounts. From one touch payments, to mobile SDKs and international sales, we provide everything you need to start accepting payments today.
      See all alternatives
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