Razorpay vs Stripe in India: can you sign up, and what it costs
Checked against vendor pages on 2 November 2026. Not based on hands-on testing.
The short answer
If you're a business in India without a Stripe account, start with Razorpay. Stripe says new Indian businesses can't sign up through its website and must request an invite. Razorpay publishes a standard 2% fee on domestic payments, plus 18% GST on that fee.
Side by side
| Detail | Razorpay | Stripe |
|---|---|---|
| New Indian businesses | Published pricing with a Rs. 0 setup fee | Invite only, and you must request an invite or contact your account team |
| Existing Indian accounts | Not applicable | Stripe says currently active accounts will continue to be supported |
| Domestic payments | 2% per successful transaction, plus 18% GST on the fee | Check with Stripe if you're invited |
| International cards | Up to 3% per successful transaction, plus 18% GST on the fee | Check with Stripe if you're invited |
| International bank transfers | 1% per transaction on the Standard plan, plus GST | Check with Stripe if you're invited |
Which should you choose?
This is our judgment, based on the details above.
Choose Razorpay if
- You're an Indian business that needs to start taking payments soon
- Your customers mainly pay in India
- You want published fees you can check before you apply
Choose Stripe if
- You already have an active Stripe India account
- You've received an invite and its terms suit you
Common questions
Can I open a Stripe account in India?
Not through Stripe's website. Its support page says services are invite-only in India, and you need to contact your account team or request an invite.
What does Razorpay charge?
Its pricing page lists 2% per successful domestic transaction and up to 3% for international cards, with 18% GST on the platform fee and a setup fee of Rs. 0.
Is Razorpay's 2% the full cost?
Not quite. GST at 18% applies to the fee, and other products and plans can differ, so check the pricing page for what you'll use.
Sources
Prices and plans change, so confirm them with the vendor before buying. Paying never affects these pages. Stackpick takes its own payments through Razorpay. We have no partnership with either company.