Razorpay vs Square: Pricing Comparison 2026
Side-by-side pricing comparison of Razorpay and Square. See all plans, features, and costs at a glance.
Bottom line: Square starts at $35/mo, making it $2464/mo cheaper than Razorpay ($2499/mo). Razorpay offers a free plan.
Last updated: March 16, 2026
Razorpay vs Square: Quick Pricing Facts
| Feature | Razorpay | Square |
|---|---|---|
| Starting Price | $2499/mo | $35/mo |
| Number of Plans | 3 | 2 |
| Free Tier | Yes | Yes |
| Pricing Model | usage-based | usage-based |
| Annual Discount | N/A | N/A |
Square is the more affordable option, starting at $35/mo compared to Razorpay's $2499/mo. Both are Payment & Billing tools with 5 combined pricing plans and 15 features compared.
Both tools offer free plans, making them accessible for teams on a budget.
Review the detailed tier-by-tier comparison above to see exactly which features are included at each price point and find the best fit for your Payment & Billing needs.
| Pricing Plans | Razorpay Try it free | Square Try it free |
|---|---|---|
| Tier 1 | Free $0/monthCheapest Includes
| Free $0/monthCheapest Includes
|
| Tier 2 | Business Banking+ $2499/month $2499 / year Includes
| Square Payroll $35/monthCheapest $5 / year Includes
|
| Tier 3 | Enterprise Custom pricing Includes
| — |
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Razorpay
Razorpay offers a free plan, offers 3 tiers vs 2.
Based on pricing data only. Review the full comparison below for your specific needs.
Best value: Razorpay
Try Razorpay freeWhich Should You Choose?
Choose Razorpay if:
- •You prefer Razorpay's free tier features—Accept payments at 2% platform fee, Access to intelligent checkout experience
- •You need 3 pricing tiers for flexible team sizing—more options mean less overpaying for features you don't need
- •You want more features built-in—Razorpay offers 1 additional features across its plans
- •Your team needs custom enterprise pricing—Razorpay offers negotiated terms for large deployments
Choose Square if:
- •You want lower per-user costs—Square starts at $35/mo, saving $2464/mo compared to Razorpay at $2499/mo
- •You prefer Square's free tier features—End-to-end encrypted payments, Active fraud prevention
- •You need predictable billing — Square's usage-based model avoids surprise overages
Both Razorpay and Square offer free plans [1], eliminating cost barriers for evaluation. This means you can test both tools thoroughly with your actual workflows before any financial commitment. The free tiers differ in scope: Razorpay includes 2 features, while Square includes 4 features. Evaluate which free tier matches your evaluation needs before deciding to upgrade. Your best approach is to activate both free trials and evaluate which tool's workflow, integrations, and user experience align better with your team's needs before committing to paid plans.
Frequently Asked Questions: Razorpay vs Square
Which is cheaper, Razorpay or Square?
How many pricing plans does Razorpay have vs Square?
Does Razorpay or Square offer a free plan?
Can I save money by paying annually for Razorpay or Square?
Does Razorpay or Square offer custom enterprise pricing?
How do Razorpay and Square compare for Payment & Billing?
Sources
- Razorpay Official Pricing— Vendor pricing page
- Square Official Pricing— Vendor pricing page
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