Which is better, Instamojo or Paytm Payment Gateway?

Paytm Payment Gateway edges out Instamojo based on user ratings across 86 reviews. That said, the best pick depends on your workflow — Instamojo may be a stronger fit for specific team sizes or use cases. Review the full comparison to decide.

What are the main differences between Instamojo and Paytm Payment Gateway?

Key differences between Instamojo and Paytm Payment Gateway include feature depth; integration options; pricing structure. Use the Spotsaas comparison table to evaluate each dimension before deciding.

Do both Instamojo and Paytm Payment Gateway offer a Free trial?

Neither Instamojo nor Paytm Payment Gateway offers a free trial.

Who are the typical users of Instamojo?

Instamojo is designed for Large Enterprises, Medium Business, Small Business.

Who are the typical users of Paytm Payment Gateway?

Paytm Payment Gateway is designed for Large Enterprises, Medium Business, Small Business.

What is the starting price of Instamojo and Paytm Payment Gateway?

Pricing details for both Instamojo and Paytm Payment Gateway are unavailable.

What are the best alternatives to Instamojo?

Some top alternatives to Instamojo include Stripe Payments, PayU, Paytm Payment Gateway, MobiKwik Payment Gateway, Razorpay.

What are the best alternatives to Paytm Payment Gateway?

Some top alternatives to Paytm Payment Gateway include PayU, DirecPay, PayPal, Instamojo, MobiKwik Payment Gateway.

Instamojo vs Paytm Payment Gateway vs Razorpay Comparison

Last updated: May 21, 2026

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…

View Pricing Read Reviews

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…

View Pricing Read Reviews

Razorpay

3.8(141 reviews)

Starting at Contact for pricing

Individuals
Freelancers / Consultants

Razorpay's payment gateway software helps online businesses to accept payments from customers using their desktop and mobile devices. This online payment gateway helps you integrate seamlessly with the leading payment ga…

View Pricing Read Reviews

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

Instamojo vs Paytm Payment Gateway vs Razorpay — at a glance

Feature	Instamojo	Paytm Payment Gateway	Razorpay
Rating	2.6 / 5	4.5 / 5	3.8 / 5
Reviews	33	86	141
Starting price	Contact for pricing	Contact for pricing	Contact for pricing
Free trial	No	No	No
Free version	No	No	No
Best for	Large Enterprises, Medium Business, Small Business	Large Enterprises, Medium Business, Small Business	Individuals, Freelancers / Consultants, Large Enterprises
Category	Payment Gateway Software	Payment Gateway Software	Payment Gateway Software
Platforms	SaaS/Web/Cloud, Mobile - Android	SaaS/Web/Cloud, Mobile - Android, Mobile - iOS	SaaS/Web/Cloud, Mobile - Android
API	Available	Available	Available
Support modes	Business Hours, Online	Online	24/7 (Live rep), Business Hours, Online
Certifications	GDPR	—	SOC 2, GDPR, ISO 27001
Data residency	India	India	India

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 Razorpay — and walk away knowing which one fits.

Which tool fits your team best

Which is actually cheaper for your team size

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.

Biggest differences

Features

Pricing

Buying details

Security

Buyer feedback

Integrations

Product tour

Other options

	Instamojo (14) Talk to an expert Talk to an expert	Paytm Payment Gateway (132) Talk to an expert Talk to an expert	Razorpay (34) Talk to an expert Talk to an expert

Biggest differences

Affiliate Disclosure

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.

Razorpay

Best for Indian businesses needing flexible, API-driven payment gateway solutions.

Choose if

You operate an e-commerce or SaaS business primarily in India requiring diverse payment options.
Your development team needs easy, seamless API integration for custom payment workflows.
You want real-time payment insights via an intuitive dashboard for better financial management.

Consider alternatives if

You require extensive international card support without relying on third-party intermediaries.
You need transparent, straightforward pricing without complex, quotation-based negotiations.

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	Razorpay's payment gateway software helps online businesses to accept payments from customers using their desktop and mobile devices. This online payment gateway helps you integrate ... Read More about Razorpay
Free Trial Availability	No free trial	No free trial	No free trial
Spotsaas Score What's this? ↗	8.6/10	8.9/10	9.1/10
User Ratings Based on verified Spotsaas reviews	2.6 (33)	4.5 (86)	3.8 (141)
Best Company Size	1-50 employees51-500 employees	1-50 employees51-500 employees	Small BusinessMedium Business
	Get pricing help	Get pricing help	Get pricing help

Software Demo

Demo

Need a second opinion?

Get shortlist help from a software advisor

Share your priorities, budget, and team needs, and we’ll help you narrow the options and understand the tradeoffs before you talk to vendors.

How do Instamojo, Paytm Payment Gateway and Razorpay 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 Razorpay 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
	View detailed pricing	View detailed pricing	View detailed 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.

SOC 2	—	—	✓ Yes
HIPAA	✗ No	✗ No	✗ No
GDPR	✓ Yes	—	✓ Yes
ISO 27001	—	—	✓ Yes
Multi-Factor Auth (MFA)	—	—	✓ Yes
Data Encryption	✓ Yes	✓ Yes	✓ Yes
Audit Logs	—	—	✓ Yes
Data Residency	🇮🇳 India	🇮🇳 India	🇮🇳 India

Instamojo vs Paytm Payment Gateway User Reviews & Rating Comparison

User Ratings	2.6 (based on 33 reviews)	4.5 (based on 86 reviews)	3.8 (based on 141 reviews)
Rating Distribution	0 1 1 1 11	124 8 0 0 0	32 1 0 0 1
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	Buyer sentiment Overall positive sentiment highlights Razorpay's ease of use, diverse payment options, and robust API integration, tempered by concerns over customer support and pricing clarity. What buyers like Ease of use Payment option variety API integration Common complaints Customer support delays Pricing complexity
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	Intuitive dashboard providing real-time payment insights Wide range of payment options including UPI, netbanking, and major Indian banks Easy API integration enabling seamless implementation on websites and apps Customer support response times can be slow, causing delays in issue resolution Pricing structure is complex and lacks clarity, especially for specialized payment needs
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
	Read reviews	Read reviews	Read reviews

List of Customers

Customers	Malanad Plantations Yazon AE RI Sakhi	No Customers information available.	Zoho Treebo FreshToHome

Media and Screenshots

Screenshots	4 Screenshots	1 Screenshots	3 Screenshots
Videos	4 Videos	3 Videos	4 Videos

Alternatives

Alternatives	Stripe Payments 4.5 PayU 1.9 Paytm Payment Gateway 4.5	PayU 1.9 DirecPay PayPal 2.6	Stripe Payments 4.5 PayU 1.9 Instamojo 2.6

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.

Instamojo vs Paytm Payment Gateway vs Razorpay Comparison

Instamojo

Paytm Payment Gateway

Razorpay

Instamojo vs Paytm Payment Gateway vs Razorpay — at a glance

Key differences between Instamojo and Paytm Payment Gateway

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

Instamojo

Paytm Payment Gateway

Razorpay

Biggest differences

Description

Free Trial Availability

Spotsaas Score

User Ratings

Best Company Size

Software Demo

Demo

Get shortlist help from a software advisor

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

Compare Instamojo, Paytm Payment Gateway and Razorpay on pricing

Other Details

Organization Types supported

Platforms Supported

Modes of support

API Support

Security & Compliance

Instamojo vs Paytm Payment Gateway User Reviews & Rating Comparison

List of Customers

Customers

Media and Screenshots

Screenshots

Videos

Alternatives

Related Blogs and Articles for Payment Gateway Software

Frequently asked questions