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Instamojo vs PaySpace Comparison

Last updated:

Instamojo

1.4(14 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…

PaySpace

4.1(34 reviews)

Starting at Contact for pricing

  • Freelancers / Consultants
  • Large Enterprises

PaySpace is a PCI-compliant payment gateway built for high-risk merchants in sectors like CBD, online gambling, and nutraceuticals that face rejection from standard payment processors. It routes transactions through acqu…

PaySpace leads on user satisfaction with a 4.1-star rating across 34 reviews.

Spotsaas Analysis

InstamojoPaySpace

The core difference between Instamojo and PaySpace lies in Instamojo's focus on providing simple, multi-currency payment processing tailored for small to medium businesses, while PaySpace's specific offerings and target market remain unspecified. Ideal buyers for Instamojo are small to medium businesses looking for fast payout processing and an easy-to-use interface, whereas PaySpace may appeal to businesses seeking a more comprehensive payment solution without clear size or feature limitations.

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

- Specific offerings and target market not detailed - Potentially suitable for various business sizes - Comprehensive payment solutions implied - No clear pricing information available - Lacks defined user experience features - May appeal to businesses seeking flexibility

Instamojo vs PaySpace — at a glance

FeatureInstamojoPaySpace
Rating1.4 / 54.1 / 5
Reviews1434
Starting priceContact for pricingContact for pricing
Free trial No No
Free version No No
Best forLarge Enterprises, Medium Business, Small BusinessFreelancers / Consultants, Large Enterprises, Medium Business
CategoryPayment Gateway SoftwarePayment Gateway Software
PlatformsSaaS/Web/Cloud, Mobile - AndroidSaaS/Web/Cloud
APIAvailable—
Support modesBusiness Hours, OnlineOnline
CertificationsGDPRGDPR
Data residencyIndiaGlobal

Key differences between Instamojo and PaySpace

  • Target audience: Instamojo is built for Large Enterprises and Medium Business, while PaySpace targets Freelancers / Consultants and Large Enterprises.
  • User satisfaction: PaySpace scores higher with a 4.1-star average.
  • Deployment: Instamojo supports SaaS/Web/Cloud, Mobile - Android; PaySpace supports SaaS/Web/Cloud.

Instamojo vs PaySpace — 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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PaySpace - Payment Gateway Software
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Instamojo vs PaySpace: 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.

PaySpace

Best for

Freelancers / Consultants, Large Enterprises, Medium Business

Instamojo typically suits Large Enterprises and Medium Business. PaySpace tends to fit Freelancers / Consultants and Large Enterprises 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

PaySpace is a PCI-compliant payment gateway built for high-risk merchants in sectors like CBD, online gambling, and nutraceuticals that face rejection from standard payment processors. It ... Read More about PaySpace

Free Trial Availability

  • No free trial
  • No free trial

SpotScore

What's this? ↗

8.6/10

8.5/10

User Ratings

Based on verified Spotsaas reviews

1.43

(14)

4.06

(34)

Best Company Size

1-50 employees51-500 employees
—
Get pricing help
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Software Demo

Demo

No software demo available

PaySpace 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 PaySpace Compare on Features?

Total Features

7 Features

7 Features

Unique Features

No unique features

No unique features

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Compare Instamojo and PaySpace 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

      Pricing information not available

      Instamojo vs PaySpace: 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
      • Not Available
      Get help choosing
      Get help choosing

      Instamojo vs PaySpace Security & Compliance

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

      HIPAA

      ✗ No
      ✗ No

      GDPR

      ✓ Yes
      ✓ Yes

      Data Encryption

      ✓ Yes
      ✓ Yes

      Data Residency

      🇮🇳 India
      🌐 Global

      Instamojo User Reviews & Rating Comparison

      User Ratings

      Rating Distribution

      0

      1

      1

      1

      11

      27

      0

      0

      0

      8

      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 positive across 35 reviews, with strong overall satisfaction.

      What buyers like

      • Reliable and stable service for receiving payments, with competent and polite customer support.
      • Fast and smooth integration process, vital for high-risk businesses.
      • Responsive customer support team, providing assistance in a timely manner.

      Common complaints

      • Integration time can be lengthy, requiring improvement for faster onboarding.
      • Limited marketplace options for additional apps and connectors, limiting advanced functionalities.
      • Some issues with support responsiveness and handling of promised features can cause frustration for users.

      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

      • Real-time reporting provides valuable insights for merchants.

      • PCI compliance ensures secure transactions for users.

      • User-friendly interface simplifies payment management.

      • International payment options may be limited.

      • Transaction fees can add up over time.

      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 PaySpace? Tell buyers what actually differs.

      Instamojo and PaySpace 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 PaySpace 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 PaySpace?
      PaySpace edges out the other on user ratings (4.1 vs 1.4). That said, the best pick depends on your use case, so use the comparison tables above to evaluate each dimension.
      Do Instamojo and PaySpace offer a free trial?
      Neither Instamojo nor PaySpace currently lists a free trial.
      What is the starting price of Instamojo vs PaySpace?
      Instamojo starts at Contact for pricing. PaySpace starts at Contact for pricing.
      What are the top alternatives to Instamojo?
      Top alternatives to Instamojo include PaySimple, Paystand, Deal, EBizCharge, Adyen.
      What are the top alternatives to PaySpace?
      Top alternatives to PaySpace include Paytm Payment Gateway, Ingenico ePayments, Tap2Pay, Cardinity, CCAvenue.