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Instamojo vs Payfunnels Comparison

Last updated:

Instamojo

2.6(33 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

Instamojo is a payment gateway for Indian small businesses and solopreneurs that need to accept credit cards, debit cards, and UPI payments online with minimal setup. The platform charges 2% plus Rs 3 per transaction, bu…

Payfunnels

Starting at Contact for pricing

  • Free Trial
  • Medium Business
  • Small Business

Payfunnels is the billing and invoicing software for your business. Payfunnels allows you to charge for your products and services online, without setting up any merchant accounts. It's simple, secure, and integrated in…

Instamojo leads on user satisfaction with a 2.6-star rating across 33 reviews.

Instamojo vs Payfunnels — at a glance

FeatureInstamojoPayfunnels
Rating2.6 / 5
Reviews33
Starting priceContact for pricingContact for pricing
Free trial No Yes
Free version No No
Best forLarge Enterprises, Medium Business, Small BusinessMedium Business, Small Business
CategoryPayment Gateway SoftwareBilling and Invoicing Software
PlatformsSaaS/Web/Cloud, Mobile - AndroidSaaS/Web/Cloud
APIAvailable
Support modesBusiness Hours, OnlineOnline
CertificationsGDPR
Data residencyIndiaGlobal

Key differences between Instamojo and Payfunnels

  • Free trial: Payfunnels offers a free trial; Instamojo does not.
  • Target audience: Instamojo is built for Large Enterprises and Medium Business, while Payfunnels targets Medium Business and Small Business.
  • Deployment: Instamojo supports SaaS/Web/Cloud, Mobile - Android; Payfunnels supports SaaS/Web/Cloud.

Instamojo vs Payfunnels — 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
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Payfunnels
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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.

Payfunnels

Best for

Medium Business, Small Business

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

Description

Instamojo is a payment gateway for Indian small businesses and solopreneurs that need to accept credit cards, debit cards, and UPI payments online with minimal setup. The platform charges ... Read More about Instamojo

Payfunnels is the billing and invoicing software for your business. Payfunnels allows you to charge for your products and services online, without setting up any merchant accounts. It's ... Read More about Payfunnels

Free Trial Availability

  • No free trial

SpotScore

What's this? ↗

8.6/10

7.9/10

User Ratings

Based on verified Spotsaas reviews

2.6

(33)

Best Company Size

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

Software Demo

Demo

No software demo available

Payfunnels has not given any software demo yet

If you're the owner of this profile, add your demo.Contact us

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How do Instamojo and Payfunnels Compare on Features?

Total Features

7 Features

6 Features

Unique Features

No unique features

No unique features

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Compare Instamojo and Payfunnels 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
      Payfunnels pricing

      Other Details

      Organization Types supported

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

      Platforms Supported

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

      Modes of support

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

      API Support

      • Available
      • Not 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
      ✓ Yes

      Data Residency

      🇮🇳 India
      🌐 Global

      Instamojo User Reviews & Rating Comparison

      User Ratings

      No reviews available for the product

      Rating Distribution

      0

      1

      1

      1

      11

      2

      0

      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

      What buyers like

      • No merchant account needed
      • Integrated platform
      • User-friendly interface

      Common complaints

      • Limited reporting features
      • Basic customization options
      • Higher transaction fees

      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

      • Eliminating the need for merchant accounts simplifies setup.

      • Integrated platform provides a holistic view of sales.

      • User-friendly interface enhances usability.

      • Limited reporting features may not meet all needs.

      • Basic customization could restrict branding efforts.

      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

      Used Instamojo or Payfunnels? Tell buyers what actually differs.

      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

      No screenshots available.

      Videos

      video-0

      4 Videos

      No videos available.

      Top Alternatives to Instamojo and Payfunnels in 2026

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      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 Payfunnels?
      Instamojo edges out the other on user ratings (2.6 vs -1.0). That said, the best pick depends on your use case — use the comparison tables above to evaluate each dimension.
      Do Instamojo and Payfunnels offer a free trial?
      Payfunnels offers a free trial. Instamojo does not.
      What is the starting price of Instamojo vs Payfunnels?
      Instamojo starts at Contact for pricing. Payfunnels 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 Payfunnels?
      Top alternatives to Payfunnels include Blinksale, InvoiceBerry, Swipez, Stripe Billing, Simple Invoices.