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Payment & Billing

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

Data compiled by Arthur Jacquemin
Updated March 16, 2026

Razorpay vs Square: Quick Pricing Facts

FeatureRazorpaySquare
Starting Price$2499/mo$35/mo
Number of Plans32
Free TierYesYes
Pricing Modelusage-basedusage-based
Annual DiscountN/AN/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
Razorpay
Try it free
Tier 1
Free
$0/monthCheapest
Includes
  • Accept payments at 2% platform fee
  • Access to intelligent checkout experience
Start with Free
Free
$0/monthCheapest
Includes
  • End-to-end encrypted payments
  • Active fraud prevention
  • Next day transfers
  • Offline payments
Start with Free
Tier 2
Business Banking+
$2499/month
$2499 / year
Includes
  • Payroll management
  • Automated payment and filing of compliances
  • Integrated employee benefits
  • Priority support
Start with Business Banking+
Square Payroll
$35/monthCheapest
$5 / year
Includes
  • Full-service payroll
  • Starting at $35 per month
  • $6 per person paid
Start with Square Payroll
Tier 3
Enterprise
Custom pricing
Includes
  • Custom pricing for large volumes of payments
  • Contact sales for details
Start with Enterprise

Swipe to compare plans →

Razorpay

Payment gateway and business banking for India

View all Razorpay plans

Square

Payment processing for in-person and online transactions

View all Square plans
Our Pick

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 free

Which 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.

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Frequently Asked Questions: Razorpay vs Square

Which is cheaper, Razorpay or Square?
As of March 2026, Square starts at a lower price point. Razorpay starts at $2499/mo while Square starts at $35/mo. However, the best value depends on the features you need at each tier.
How many pricing plans does Razorpay have vs Square?
Razorpay offers 3 pricing plans, while Square offers 2 plans. More plans typically means more flexibility to match your exact needs and budget.
Does Razorpay or Square offer a free plan?
Yes, both Razorpay and Square offer free plans. Compare the feature limits of each free tier to see which better fits your use case before upgrading.
Can I save money by paying annually for Razorpay or Square?
Both Razorpay and Square offer annual billing options. Check each plan's yearly pricing for potential savings compared to monthly billing.
Does Razorpay or Square offer custom enterprise pricing?
Razorpay offers a custom-priced enterprise tier for larger teams. Square lists all its pricing publicly.
How do Razorpay and Square compare for Payment & Billing?
Both Razorpay and Square are Payment & Billing tools. Razorpay offers 3 plans starting at $2499/mo, while Square offers 2 plans starting at $35/mo. Review the feature breakdowns above to see which better fits your Payment & Billing needs.

Sources

  1. Razorpay Official PricingVendor pricing page
  2. Square Official PricingVendor pricing page

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