How do the fees for payment gateways in India compare between leading providers like Razorpay, Cashfree, and NTT DATA?

 Here’s a breakdown of how transaction fees compare among three major Indian payment gateway and online payment gateway providers  Razorpay, Cashfree and NTT DATA payments services   with some caveats about set‑up, international and domestic rates.



  • No setup fee or annual maintenance fee for their standard plan.

  • Domestic transactions (cards/debit/UPI/net‑banking) typically around 2%‑2.5% of each transaction.

  • International card payments see higher rates (≈ 3% + foreign conversion charges) for cross‑border transactions. 

Cashfree

  • Setup fee: Zero (for many merchants) and no visible annual maintenance fee for standard plan. 

  • Domestic transaction fee for many modes (cards/UPI/net‑banking) around 1.90% of the transaction. 

  • International card transactions: higher — e.g., one source lists ~ 3.5% + Rs 7 for international cards. 

NTT DATA Payment Services

  • Setup or hosting costs: “Zero setup or hosting cost” for the gateway service as per their published pricing. in.nttdatapay.com

  • Domestic rates: Example: Net Banking 1.99%, Credit Card 1.99%, Debit Card 0.90%. in.nttdatapay.com

  • International / MCC (Merchant Category Code) transactions: ~ 3.95% according to their published table. in.nttdatapay.com

  • Note: They also allow customized pricing depending on volume/business type. 

  • Lowest standard domestic transaction fee: Cashfree (~1.90%)

  • Very low domestic fee example: NTT DATA (~0.90% for debit cards)

  • Standard domestic fees for Razorpay are slightly higher (~2%+)

  • International transactions carry higher fees for all, but NTT DATA payments services  shows ~3.95% and Cashfree ~3.5% + fixed charge.

  • Setup/maintenance costs: Razorpay and Cashfree have “zero” in many cases;NTT DATA payments services also says no setup but implies tailored plans may vary.

Final Thought:
If you’re looking for low‑cost domestic payment processing, Cashfree looks very competitive. For debit‑card heavy business, NTT DATA payments services  offers strong domestic rates. Razorpay is solid and widely used but maybe slightly more expensive on domestic fees. For international payments, check the exact card/currency fees, as they differ significantly.

FAQ

Q: Do all gateways charge the same fee for UPI transactions?
A: No. For example, Razorpay lists UPI transactions at about 0‑2% depending on case. Cashfree also lists UPI at ~1.90% standard. 

Q: Can the transaction fee be negotiated for higher volume merchants?
A: Yes. Gateways like NTT DATA payments services  explicitly say “customised plan for you” and Razorpay & Cashfree mention fees may vary based on business size or volume. international), I can pull up a rough “what you might pay” estimate.

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