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Software · head to head

Melio vs Razorpay

Melio logo

Melio

Software

Simple business payments

From
Free
Rated
-
Full reviewWebsite
R

Razorpay

Software

Accept, process and disburse payments with India's leading payments platform

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Melio has a free tier, so it costs nothing to try first.
  • Each has a real cost: Melio go (free) plan limited to one user only; Razorpay international card payments cost up to 3% per transaction versus 2% domestically, per razorpay.com/pricing (Aug 2026), and an 18% GST is added on top of the platform fee

Where they differ

Only the attributes on which Melio and Razorpay actually diverge.

Attributes where Melio and Razorpay differ
AttributeMelioRazorpay
Starting priceFreeOn request
Pricing modelfreemiumtransaction
Free tierYesNo
PlatformsWeb, Mobile appWeb
Founded2018Unknown

Identical on both: user rating (Not yet rated), category (Unknown).

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 Melio

  • Vendor payments
  • Card to check
  • Payment scheduling
  • Approval workflows
  • QuickBooks sync
  • QuickBooks
  • Xero
  • FreshBooks

Only in Razorpay

Nothing recorded that Melio does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Melio

  • Accounts payable automationnot Razorpay
  • Bill management and payment schedulingnot Razorpay
  • Multi-vendor payment processingnot Razorpay
  • Invoice receivables and payment collectionnot Razorpay

Razorpay

No use cases recorded yet. See the Razorpay review.

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Melio

  • Go (free) plan limited to one user only
  • ACH charges £0.50 per transaction beyond monthly allowance (5-50 free depending on plan)
  • Card payment fees range from 2.9% to 2.9% plus £75 maximum
  • International payments limited to select currencies only
  • NetSuite integration only available in Unlimited plan (£80/month minimum)

Razorpay

  • International card payments cost up to 3% per transaction versus 2% domestically, per razorpay.com/pricing (Aug 2026), and an 18% GST is added on top of the platform fee
  • Instant refunds cost between Rs. 7.99 and Rs. 14.99 per refund on top of the transaction fee, per Razorpay's own pricing page; standard refunds are free but instant ones are not

Pricing, plan by plan

Melio

Free

No published plan breakdown. See the Melio review.

Razorpay

On request

No published plan breakdown. See the Razorpay review.

Which should you pick?

Choose Melio if

  • You need vendor payments.
  • You want to start without paying.
  • You work on Web, Mobile app.
  • You also want card to check.
Melio review

Choose Razorpay if

Nothing in the data separates Razorpay from Melio on the points above - pick on price and on how each one feels to use.

Razorpay review

Questions people ask

Is Melio or Razorpay better?
Neither clearly leads. Melio starts at Free and Razorpay at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Melio or Razorpay?
Melio has a free tier; the other does not. Paid plans start at Free for Melio and On request for Razorpay.
Does Melio or Razorpay run on more platforms?
Melio runs on Web, Mobile app. Razorpay runs on Web.
Can I use Melio for free?
Yes. Melio has a free tier, so you can try it without paying. Razorpay starts at On request.
What is Melio best used for?
Melio is most often used for accounts payable automation, bill management and payment scheduling, multi-vendor payment processing, invoice receivables and payment collection. Of those, accounts payable automation and bill management and payment scheduling are not what Razorpay is typically brought in for.
What can Melio do that Razorpay cannot?
Melio covers Vendor payments, Card to check, Payment scheduling, Approval workflows.
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Related pages

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