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Instamojo vs Paytm Payment Gateway vs Foloosi 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…

Paytm Payment Gateway

4.5(86 reviews)

Starting at Contact for pricing

  • Large Enterprises
  • Medium Business

The Paytm gateway software offers you all the benefits a payment gateway should offer – and more. It comes with a seamless integration with Paytm Wallet, configurable SMS alerts, transaction confirmation email for buyers…

Foloosi

Starting at Contact for pricing

  • Individuals
  • Freelancers / Consultants

Foloosi provides payment gateway software technology to integrate different payment options such as Credit Cards / Debit Cards, Banks, Money Transfer Services, E-Wallets, QR Codes, Wallets and Enterprise Resource Plannin…

Paytm Payment Gateway leads on user satisfaction with a 4.5-star rating across 86 reviews.

Instamojo vs Paytm Payment Gateway vs Foloosi — at a glance

FeatureInstamojoPaytm Payment GatewayFoloosi
Rating2.6 / 54.5 / 5
Reviews3386
Starting priceContact for pricingContact for pricingContact for pricing
Free trial No No No
Free version No No No
Best forLarge Enterprises, Medium Business, Small BusinessLarge Enterprises, Medium Business, Small BusinessIndividuals, Freelancers / Consultants, Large Enterprises
CategoryPayment Gateway SoftwarePayment Gateway SoftwarePayment Gateway Software
PlatformsSaaS/Web/Cloud, Mobile - AndroidSaaS/Web/Cloud, Mobile - Android, Mobile - iOSSaaS/Web/Cloud, Mobile - Android, Mobile - iOS
APIAvailableAvailableAvailable
Support modesBusiness Hours, OnlineOnlineOnline
CertificationsGDPR
Data residencyIndiaIndiaIndia

Key differences between Instamojo and Paytm Payment Gateway

  • User satisfaction: Paytm Payment Gateway scores higher with a 4.5-star average.
  • Deployment: Instamojo supports SaaS/Web/Cloud, Mobile - Android; Paytm Payment Gateway supports SaaS/Web/Cloud, Mobile - Android, Mobile - iOS.

Compare Instamojo vs Paytm Payment Gateway vs Foloosi — and walk away knowing which one fits.

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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Foloosi - Payment Gateway Software
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Talk to an expert

Free PDF comparison

Download this Instamojo vs Paytm Payment Gateway vs Foloosi comparison

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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.

Paytm Payment Gateway

Best for SMEs needing fast, secure mobile and QR code payment processing.

Choose if
  • You run a retail or small-to-medium business accepting mobile and online payments.
  • You want seamless integration with Paytm Wallet for easy wallet balance transfers.
  • You need quick transaction settlements with instant payment notifications and security.
Consider alternatives if
  • Your business requires extensive international payment processing capabilities.
  • You need advanced marketplace integrations for complex multi-vendor environments.

Foloosi

Best for

Individuals, Freelancers / Consultants, Large Enterprises

Instamojo: Best for small to medium businesses needing simple, multi-currency payment processing. Paytm Payment Gateway: Best for SMEs needing fast, secure mobile and QR code payment processing.

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

The Paytm gateway software offers you all the benefits a payment gateway should offer – and more. It comes with a seamless integration with Paytm Wallet, configurable SMS alerts, ... Read More about Paytm Payment Gateway

Foloosi provides payment gateway software technology to integrate different payment options such as Credit Cards / Debit Cards, Banks, Money Transfer Services, E-Wallets, QR Codes, Wallets ... Read More about Foloosi

Free Trial Availability

  • No free trial
  • No free trial
  • No free trial

Spotsaas Score

What's this? ↗

8.6/10

8.9/10

8.4/10

User Ratings

Based on verified Spotsaas reviews

2.6

(33)

4.5

(86)

Best Company Size

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

Software Demo

Demo

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Step 1 of 4

How big is your team?

We tailor recommendations to companies your size.

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How do Instamojo, Paytm Payment Gateway and Foloosi Compare on Features?

Total Features

7 Features

7 Features

7 Features

Unique Features

No unique features

No unique features

No unique features

Get Quote
Get Quote
Get Quote

Compare Instamojo, Paytm Payment Gateway and Foloosi 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
        • Not Available

        Pricing Page

        Instamojo pricing
        Paytm Payment Gateway pricing
        Foloosi pricing

        Other Details

        Organization Types supported

        • Individuals
        • Freelancers
        • Large Enterprises
        • Medium Business
        • Small Business
        • 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)
        • 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
        • 24/7 (Live rep)
        • Business Hours
        • Online

        API Support

        • Available
        • Available
        • Available
        Get help choosing
        Get help choosing
        Get help choosing

        Security & Compliance

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

        HIPAA

        ✗ No
        ✗ No
        ✗ No

        GDPR

        ✓ Yes

        Data Encryption

        ✓ Yes
        ✓ Yes

        Data Residency

        🇮🇳 India
        🇮🇳 India
        🇮🇳 India

        Instamojo vs Paytm Payment Gateway User Reviews & Rating Comparison

        User Ratings

        No reviews available for the product

        Rating Distribution

        0

        1

        1

        1

        11

        124

        8

        0

        0

        0

        No reviews available for this product

        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

        Overall positive buyer sentiment highlighting ease of use and quick settlements, tempered by occasional transaction delays and support inconsistencies.

        What buyers like

        • Ease of use
        • Quick transaction settlements
        • Security and payment notifications

        Common complaints

        • Transaction delays
        • Customer support inconsistencies

        What buyers like

        • Multiple payment options
        • Easy integration
        • User-friendly interface

        Common complaints

        • Limited customer support
        • Transaction fees apply
        • May lack advanced features

        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

        • Fast and convenient conversion of Paytm gift wallet balances to bank accounts

        • High transaction success rate with 128-bit encryption and instant payment notifications

        • Lag-free application with easy settlement features and QR payment support

        • Occasional delays in transaction processing and complexity in payment settlements

        • Inconsistent customer support response times and occasional UI lags

        • Supports a wide variety of payment methods.

        • User-friendly interface for easy navigation.

        • Quick integration with existing systems.

        • Customer support may be limited.

        • Transaction fees can accumulate.

        Positive Reviews

        No reviews available for the product

        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

        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.

        No Customers information available.

        Media and Screenshots

        Screenshots

        Embed Instamojo Payment Button

        4 Screenshots

        Business with Paytm

        1 Screenshots

        No screenshots available.

        Videos

        video-0

        4 Videos

        video-0

        3 Videos

        video-0

        2 Videos

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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 Paytm Payment Gateway?
        Paytm Payment Gateway 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 Paytm Payment Gateway offer a free trial?
        Neither Instamojo nor Paytm Payment Gateway currently lists a free trial.
        What is the starting price of Instamojo vs Paytm Payment Gateway?
        Instamojo starts at Contact for pricing. Paytm Payment Gateway 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 Paytm Payment Gateway?
        Top alternatives to Paytm Payment Gateway include PayU, DirecPay, PayPal, Instamojo, MobiKwik Payment Gateway.

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