Accounting · head to head
Adyen vs RazorpayX
Adyen
Accounting
The payments platform built for growth
- From
- $0.13/per-transaction
- Rated
- -
RazorpayX
Accounting
Indian business banking layer for current accounts, automated payouts, vendor payments and payroll
- From
- On request
- Rated
- -
The short version
- Each has a real cost: Adyen there is a minimum monthly invoice, set by industry and business model and only disclosed through the sales team, so small volumes are not economic; RazorpayX everything is India specific, the rails, the currency, the statutory deductions and the filings, so a company that redomiciles or expands abroad gets no reuse and has to run a second banking and payroll stack in the new jurisdiction.
- They diverge on capability: Adyen covers Payment processing, RazorpayX covers Current account.
- Prices and features above were last checked on 30 August 2026.
Where they differ
Only the attributes on which Adyen and RazorpayX actually diverge.
Identical on both: pricing model (usage-based), free tier (No), user rating (Not yet rated), category (Accounting).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Adyen
- Payment processing
- Risk management
- Unified commerce
- Issuing
- Platform payments
- SAP
- Salesforce
- Oracle
Only in RazorpayX
- Current account
- Payout API
- Bulk payouts
- Payout links
- Vendor payments
- Payroll
- Statutory filing support
- Corporate cards
What people use each for
The jobs each tool is most often brought in to do.
Adyen
- Card acquiring with interchange plus pricing for larger merchantsnot RazorpayX
- Accepting local payment methods across multiple countriesnot RazorpayX
- Settling in several currencies through linked bank accountsnot RazorpayX
- Unified online and in-person paymentsnot RazorpayX
RazorpayX
- An Indian marketplace settling thousands of seller payouts on a schedule that no bank portal can supportnot Adyen
- A startup running payroll for a growing team that needs provident fund, employee state insurance and tax deduction handled without an in house specialistnot Adyen
- A company paying many vendors monthly that needs tax deducted at source calculated and recorded against each paymentnot Adyen
- A product team that needs disbursements to happen from application code with webhook confirmation rather than from a treasury spreadsheetnot Adyen
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Adyen
- There is a minimum monthly invoice, set by industry and business model and only disclosed through the sales team, so small volumes are not economic
- Published fees are indicative rather than a rate card, with real pricing negotiated
- Interchange++ means the card cost varies per transaction rather than being a single predictable percentage
- Alternative payment methods carry their own rates on top, such as 3.3 percent plus $0.10 for American Express in North America
RazorpayX
- Everything is India specific, the rails, the currency, the statutory deductions and the filings, so a company that redomiciles or expands abroad gets no reuse and has to run a second banking and payroll stack in the new jurisdiction.
- The current account is held with a partner bank while the interface and the relationship belong to Razorpay, so an escalation about the account itself can fall between two organisations and the deposit protection you have depends on the bank, not on the fintech.
- Indian payment fintechs are subject to active central bank intervention, and Razorpay itself spent a period unable to onboard new merchants following a regulatory direction, so single provider concentration for both collections and payouts is a live continuity risk rather than a theoretical one.
- Payouts carry per transaction charges beyond an included allowance and payroll is charged per employee, so a high volume settlement business or a company hiring quickly finds the running cost scales directly with the activity that made the product attractive.
- Support is largely ticket based and account management is reserved for larger accounts, so a failed high value payout or a payroll run that does not credit becomes a queue rather than a call, which is a poor position to be in on a salary date.
Pricing, plan by plan
Adyen
$0.13/per-transaction- Transaction-Based Pricing$undefined/mo
- Fixed $0.13 USD per transaction
- Variable fee determined by payment method
- No setup fees
RazorpayX
On requestNo published plan breakdown. See the RazorpayX review.
Which should you pick?
Choose Adyen if
- You need payment processing.
- You work on Web, Api, Pos.
- You also want risk management.
Questions people ask
- Is Adyen or RazorpayX better?
- Neither clearly leads. Adyen starts at $0.13/per-transaction and RazorpayX at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Adyen or RazorpayX?
- Adyen starts at $0.13/per-transaction and RazorpayX at On request.
- Does Adyen or RazorpayX run on more platforms?
- Adyen runs on Web, Api, Pos. RazorpayX runs on Web.
- What is Adyen best used for?
- Adyen is most often used for card acquiring with interchange plus pricing for larger merchants, accepting local payment methods across multiple countries, settling in several currencies through linked bank accounts, unified online and in-person payments. Of those, card acquiring with interchange plus pricing for larger merchants and accepting local payment methods across multiple countries are not what RazorpayX is typically brought in for.
- What can Adyen do that RazorpayX cannot?
- Adyen covers Payment processing, Risk management, Unified commerce, Issuing. RazorpayX covers Current account, Payout API, Bulk payouts, Payout links.
Answered from the vendors’ own pages
Adyen: How much does Adyen charge per transaction?
Adyen charges a fixed $0.13 USD per transaction plus a variable fee based on the payment method used. Credit cards typically cost $0.13 + 0.60% + interchange, while digital wallets and BNPL options cost between $0.13 + 0.99% to $0.13 + 4.99%+, depending on the specific method and region.
SourceRazorpayX: Is RazorpayX a bank?
No. The current account is provided by partner banks. RazorpayX supplies the interface, the payout automation and the payroll and compliance layer on top of it.
Adyen: Does Adyen have monthly subscription or setup fees?
No, Adyen has no setup fees or monthly recurring charges. You pay only for each transaction processed. The transaction fee structure remains the same regardless of transaction volume or business size.
SourceRazorpayX: Can a company registered outside India use it?
No. It serves Indian registered entities, rupee accounts and Indian statutory requirements.
Adyen: What's Adyen's Interchange++ pricing option?
Adyen offers an Interchange++ transparent pricing model that passes interchange and scheme fees directly to merchants instead of bundling them into a percentage rate. This allows visibility into exact costs for each payment method.
SourceRazorpayX: Does the payroll module handle statutory compliance?
It calculates and supports the main statutory items, provident fund, employee state insurance, professional tax and income tax deduction, and assists with the periodic filings. Confirm the scope against your state specific obligations, since professional tax in particular varies.
Adyen: Can I process payments in multiple currencies with Adyen?
Yes, Adyen supports 100+ payment methods across multiple currencies. You can link multiple bank accounts in different currencies to avoid currency conversion fees on international transactions.
SourceRazorpayX: What happens to my payouts if there is a regulatory action against Razorpay?
That has happened before in the form of a restriction on onboarding new merchants. Existing customers continued, but the episode is the reason many businesses keep a bank relationship and a second payout route alive alongside it.
RazorpayX: Does it connect to accounting software?
It integrates with the Indian accounting tools most of its customers use, so payouts and payroll postings do not have to be rekeyed. Check your specific product rather than assuming, because coverage is narrower than for global ledgers.
RazorpayX: How is it priced?
A plan fee with included payout volumes, per transaction charges beyond that, and a per employee charge for payroll. Model your actual payout count rather than the plan headline, because that is where the cost lands.
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