Softwr

E-Commerce · head to head

FastSpring vs Razorpay

FastSpring logo

FastSpring

E-Commerce

Merchant-of-record commerce platform for global payments, subscriptions, and tax compliance

From
On request
Rated
-
Full reviewWebsite
Razorpay logo

Razorpay

E-Commerce

Indian payment gateway for domestic and international card, UPI and wallet acceptance

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: FastSpring pricing is not published and requires contacting sales for a quote, making cost comparison difficult upfront.; Razorpay it requires an Indian legal entity and settles only to Indian bank accounts, so it is not an option for a business incorporated elsewhere no matter how many Indian customers it has.
  • They diverge on capability: FastSpring covers Global online payments, Razorpay covers Domestic payment methods.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which FastSpring and Razorpay actually diverge.

Attributes where FastSpring and Razorpay differ
AttributeFastSpringRazorpay
Platformsweb, apiWeb
Founded2006Unknown

Identical on both: starting price (On request), pricing model (transaction), free tier (No), user rating (Not yet rated), category (E-Commerce).

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 FastSpring

  • Global online payments
  • Subscription billing
  • Branded checkout
  • Tax compliance
  • Fraud prevention
  • Digital invoicing and quotes

Only in Razorpay

  • Domestic payment methods
  • International cards
  • Payment links and pages
  • Route
  • RazorpayX
  • Subscriptions
  • Smart Collect
  • Dashboard and reporting

What people use each for

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

FastSpring

  • Selling software or SaaS internationally without a local tax entitynot Razorpay
  • B2B invoicing and custom quotes for enterprise SaaS dealsnot Razorpay
  • Recurring subscription billing for digital productsnot Razorpay
  • Reducing fraud and chargebacks on digital purchasesnot Razorpay

Razorpay

  • An Indian D2C brand needing UPI acceptance alongside cards in a single checkoutnot FastSpring
  • An Indian SaaS business billing domestic customers on recurring mandatesnot FastSpring
  • A marketplace that must split each payment between the platform and its sellersnot FastSpring
  • A business that needs to take payment without building a website, using links and pagesnot FastSpring

Where each one falls short

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

FastSpring

  • Pricing is not published and requires contacting sales for a quote, making cost comparison difficult upfront.
  • As a merchant-of-record, FastSpring takes on more control of the checkout and payment relationship than a pure payment gateway like Stripe.
  • Revenue share pricing can become more expensive than flat per-transaction gateway fees at very high volumes.
  • Primarily targeted at software/digital goods sellers, so it is less suited to physical product e-commerce.

Razorpay

  • It requires an Indian legal entity and settles only to Indian bank accounts, so it is not an option for a business incorporated elsewhere no matter how many Indian customers it has.
  • The transaction percentage applies to the full order value including shipping and tax rather than to the product price, so low margin categories with heavy shipping give up more of their margin than the quoted rate suggests.
  • Payment aggregator authorisation sits with the Reserve Bank of India and has been withheld from aggregators before while applications were reviewed, so a dependency exists that no commercial contract term protects you from.
  • Default settlement runs on a delayed cycle with faster settlement sold as a paid add-on, so a business that buys stock from its takings either waits for cash or pays extra for it, and that cost belongs in the effective rate.
  • International card acceptance is priced higher and requires separate approval rather than being a configuration change, so cross-border revenue takes longer to switch on and earns less per order than a domestic sale.

Pricing, plan by plan

FastSpring

On request
  • Custom$undefined/mo
    • All-in-one transaction-based pricing based on sales volume
    • No subscription fees or per-feature charges
    • Discounted rates for ACH and wire transfers

Razorpay

On request
  • Domestic Payments$undefined/mo
    • 2% platform fee per successful transaction across all payment instruments
    • GST: 18% applies on the platform fee
    • No setup fees, annual maintenance charges, or refund fees
  • Corporate Cards$undefined/mo
    • 2.15% platform fee per transaction
  • International Payments - Cards$undefined/mo
    • Up to 3% per successful transaction
  • International Payments - Bank Transfers$undefined/mo
    • 1% per transaction with zero forex markup

Which should you pick?

Choose FastSpring if

  • You need global online payments.
  • You work on web, api.
  • You also want subscription billing.
FastSpring review

Choose Razorpay if

  • You need domestic payment methods.
  • You also want international cards.
Razorpay review

Questions people ask

Is FastSpring or Razorpay better?
Neither clearly leads. FastSpring starts at On request and Razorpay at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, FastSpring or Razorpay?
FastSpring starts at On request and Razorpay at On request.
Does FastSpring or Razorpay run on more platforms?
FastSpring runs on web, api. Razorpay runs on Web.
What is FastSpring best used for?
FastSpring is most often used for selling software or saas internationally without a local tax entity, b2b invoicing and custom quotes for enterprise saas deals, recurring subscription billing for digital products, reducing fraud and chargebacks on digital purchases. Of those, selling software or saas internationally without a local tax entity and b2b invoicing and custom quotes for enterprise saas deals are not what Razorpay is typically brought in for.
What can FastSpring do that Razorpay cannot?
FastSpring covers Global online payments, Subscription billing, Branded checkout, Tax compliance. Razorpay covers Domestic payment methods, International cards, Payment links and pages, Route.

Answered from the vendors’ own pages

FastSpring: What does FastSpring cost?

FastSpring uses flat-rate, all-in-one pricing based on transaction volume, with fees withheld from payouts. There is no minimum volume or subscription fee, and pricing is typically quoted based on expected sales volume after contacting their sales team.

Source
Razorpay: Can I use Razorpay if my company is not in India?

No. It requires an Indian entity and an Indian bank account for settlement. Overseas businesses selling into India need a different arrangement.

FastSpring: Is there a free plan?

FastSpring does not offer a free plan; instead pricing is transaction-based with no upfront subscription cost, and merchants only pay a commission on completed sales.

Source
Razorpay: What is the real effective rate?

The domestic percentage on the full order value including shipping and tax, plus higher international rates, plus any charge for faster settlement and dispute handling. Compute it from a month of settlement reports, not the pricing page.

FastSpring: What does FastSpring integrate with or include compared to a payment gateway like Stripe?

FastSpring bundles international payments, subscription management, tax compliance, fraud prevention, reporting, and B2B invoicing into one price, whereas gateways like Stripe charge separately for many of these features.

Source
Razorpay: How quickly do I get paid?

On a delayed settlement cycle by default, with faster settlement available as a paid feature. Plan working capital around the default, not the add-on.

Razorpay: What is the main structural risk?

Regulatory. Indian payment aggregators operate under RBI authorisation and have previously been barred from onboarding new merchants. Keep a second processor integrated if payments are business-critical.

Razorpay: Does it support recurring billing?

Yes, built on India's mandate and e-mandate framework, which has its own rules on authentication and notification that differ from card-on-file recurring elsewhere.

Share

Related pages

More on FastSpring

More on Razorpay

Keep looking

Other head to heads