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Instamojo vs Cashfree Comparison

Last updated:

Instamojo

2.6(33 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

Instamojo is a custom payment gateway software which provides the best possible services in terms of processing and accepting all kind of transactions. It has a very simple and user-friendly interface and supports variou…

Cashfree

4.5(4 reviews)

Starting at Contact for pricing

  • Individuals
  • Freelancers / Consultants

Cashfree is a payment gateway software using which merchants can accept payments from their customers either through electronic or card payments and can also manage their online/offline businesses effectively.  The payme…

Cashfree leads on user satisfaction with a 4.5-star rating across 4 reviews.

SpotSaaS Analysis

InstamojoCashfree

The core difference between Instamojo and Cashfree lies in Instamojo's focus on providing simple, multi-currency payment processing specifically tailored for small to medium businesses, while Cashfree's offerings are not clearly defined. Ideal buyers for Instamojo are small to medium businesses seeking fast payout processing and user-friendly transaction management.

- Best for small to medium businesses - Simple, multi-currency payment processing - Fast payout processing within 72 hours - User-friendly interface - Ideal for improving cash flow - Suitable for companies with 1-500 employees

- Specific offerings not clearly defined - Target market not specified - Pricing information unavailable - Company size not listed - Ideal buyer not mentioned - Features and benefits unclear

Instamojo vs Cashfree — at a glance

FeatureInstamojoCashfree
Rating2.6 / 54.5 / 5
Reviews334
Starting priceContact for pricingContact for pricing
Free trial No No
Free version No No
Best forLarge Enterprises, Medium Business, Small BusinessIndividuals, Freelancers / Consultants, Large Enterprises
CategoryPayment Gateway SoftwarePayment Gateway Software
PlatformsSaaS/Web/Cloud, Mobile - AndroidSaaS/Web/Cloud
APIAvailableAvailable
Support modesBusiness Hours, OnlineOnline
CertificationsGDPR
Data residencyIndiaUS

Key differences between Instamojo and Cashfree

  • Target audience: Instamojo is built for Large Enterprises and Medium Business, while Cashfree targets Individuals and Freelancers / Consultants.
  • User satisfaction: Cashfree scores higher with a 4.5-star average.
  • Deployment: Instamojo supports SaaS/Web/Cloud, Mobile - Android; Cashfree supports SaaS/Web/Cloud.

Instamojo vs Cashfree — find the better fit before you commit.

01

Which tool fits your team best

02

Which is actually cheaper for your team size

03

Where each product wins, per real buyers

Most Payment Gateway Software tools look identical on paper. This comparison cuts to the differences that matter — pricing structure, team fit, and what real buyers found after signing up.

Instamojo - Payment Gateway Software
Talk to an expert
Talk to an expert
Cashfree
Talk to an expert
Talk to an expert

Biggest differences

Start here before you go deeper into features.

Instamojo

Best for small to medium businesses needing simple, multi-currency payment processing.

Choose if
  • You need fast payout processing within 72 hours to improve cash flow.
  • You want a user-friendly, straightforward interface for easy transaction management.
  • Your business requires support for multiple payment methods including credit/debit cards and PayPal.
Consider alternatives if
  • Your business demands highly responsive and proactive customer support.
  • You cannot tolerate risks of account freezing or funds being held without clear communication.

Cashfree

Best for

Individuals, Freelancers / Consultants, Large Enterprises

Instamojo typically suits Large Enterprises and Medium Business. Cashfree tends to fit Individuals and Freelancers / Consultants better. The right choice depends on your team size, workflow, and whether a free trial matters.

Description

Instamojo is a custom payment gateway software which provides the best possible services in terms of processing and accepting all kind of transactions. It has a very simple and ... Read More about Instamojo

Cashfree is a payment gateway software using which merchants can accept payments from their customers either through electronic or card payments and can also manage their online/offline ... Read More about Cashfree

Free Trial Availability

  • No free trial
  • No free trial

Spotsaas Score

What's this? ↗

8.6/10

8.1/10

User Ratings

Based on verified Spotsaas reviews

2.6

(33)

4.5

(4)

Best Company Size

1-50 employees51-500 employees
Get pricing help
Get pricing help

Software Demo

Demo

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How do Instamojo and Cashfree Compare on Features?

Total Features

7 Features

6 Features

Unique Features

No unique features

No unique features

Get Quote
Get Quote

Compare Instamojo and Cashfree on pricing

Review starting price, plan structure, and free-trial access side by side so you can see which option fits your budget and buying process.

Pricing Option

      Pricing Plans

      • Not Available
      • Not Available

      Pricing Page

      Instamojo pricing
      Cashfree pricing

      Other Details

      Organization Types supported

      • Individuals
      • Freelancers
      • Large Enterprises
      • Medium Business
      • Small Business
      • Individuals
      • Freelancers
      • Large Enterprises
      • Medium Business
      • Small Business

      Platforms Supported

      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS
      • Installed - Windows
      • Browser Based (Cloud)
      • Browser Based (Cloud)
      • Mobile - Android
      • Mobile - iOS
      • Installed - Windows
      • Browser Based (Cloud)

      Modes of support

      • 24/7 (Live rep)
      • Business Hours
      • Online
      • 24/7 (Live rep)
      • Business Hours
      • Online

      API Support

      • Available
      • Available
      Get help choosing
      Get help choosing

      Security & Compliance

      Certifications, data handling, and security controls for IT and compliance evaluators.

      HIPAA

      ✗ No
      ✗ No

      GDPR

      ✓ Yes

      Data Encryption

      ✓ Yes

      Data Residency

      🇮🇳 India
      🇺🇸 US

      Instamojo User Reviews & Rating Comparison

      User Ratings

      Rating Distribution

      0

      1

      1

      1

      11

      3

      1

      0

      0

      0

      Spotsaas Editor’s POV generated by AI

      Buyer sentiment

      Mixed user sentiment with praise for ease of use and payout speed but significant frustration over customer support and account freezing issues.

      What buyers like

      • Ease of use
      • Fast payout processing
      • Multi-currency support

      Common complaints

      • Poor customer support
      • Account freezing and fund holds

      Buyer sentiment

      Buyer sentiment is very strong across 4 reviews, with consistently positive feedback.

      What buyers like

      • Supports multiple payment methods
      • Easy integration with e-commerce
      • User-friendly interface

      Common complaints

      • Transaction fees can add up
      • Limited customer support options
      • May require technical setup

      Pros and Cons

      • Quick response time enabling payouts within 72 hours

      • User-friendly and straightforward interface

      • Supports multiple payment methods including credit/debit cards and PayPal

      • Unresponsive customer support with long wait times

      • Instances of account freezing and funds being held without clear communication

      • Supports a wide range of payment methods.

      • User-friendly interface simplifies transaction management.

      • Comprehensive tools enhance merchant capabilities.

      • Transaction fees may impact profit margins.

      • Limited customer support could hinder troubleshooting.

      Positive Reviews

      No reviews available for the product

      No reviews available for the product

      Negative Reviews

      No reviews available for the product

      No reviews available for the product

      List of Customers

      Customers

      Malanad Plantations

      Malanad Plantations

      Yazon

      Yazon

      AE RI Sakhi

      AE RI Sakhi

      No Customers information available.

      Media and Screenshots

      Screenshots

      Embed Instamojo Payment Button

      4 Screenshots

      Shopify Payment Gateway India Integration 1

      4 Screenshots

      Videos

      video-0

      4 Videos

      video-0

      2 Videos

      Top Alternatives to Instamojo and Cashfree in 2026

      Expand your shortlist

      Add another option to compare side by side

      Search by product name to compare pricing, fit, and buyer feedback in one view.

      Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].

      Frequently asked questions

      Which is better, Instamojo or Cashfree?
      Cashfree edges out the other on user ratings (4.5 vs 2.6). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
      Do Instamojo and Cashfree offer a free trial?
      Neither Instamojo nor Cashfree currently lists a free trial.
      What is the starting price of Instamojo vs Cashfree?
      Instamojo starts at Contact for pricing. Cashfree starts at Contact for pricing.
      What are the top alternatives to Instamojo?
      Top alternatives to Instamojo include Stripe Payments, PayU, Paytm Payment Gateway, MobiKwik Payment Gateway, Razorpay.
      What are the top alternatives to Cashfree?
      Top alternatives to Cashfree include PayU, PaySimple, Paytm Payment Gateway, BizPayO, India Online Pay.

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