Payment Gateways

Wise Business vs Razorpay

Both are payment gateways. The short answer: choose Wise Business if you are freelancers, agencies and exporters receiving and paying in foreign currencies; choose Razorpay if you are online businesses and startups wanting a developer-friendly gateway.

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Wise Business logo Wise BusinessRazorpay logo Razorpay
Best forFreelancers, agencies and exporters receiving and paying in foreign currenciesOnline businesses and startups wanting a developer-friendly gateway
Free planVerifyVerify
PricingSee providerSee provider
Built for IndiaGlobalYes
CategoriesPayment Gateways, Freelancer & Agency ToolsPayment Gateways
Strengths
  • Transparent fees and real exchange rates
  • Local account details for USD, GBP, EUR and more
  • Batch payments
  • Wide payment method support
  • Payment links without a website
  • Good developer documentation
Watch out for
  • Product range differs by country — check what is available in India
  • Not a full bank account everywhere
  • Fees and settlement terms vary by business type
  • KYC approval required
Visit Wise BusinessVisit Razorpay

Which should you choose?

Wise Business: Multi-currency business account with local bank details in several currencies and transfers at the mid-market exchange rate.

Razorpay: Payment gateway with UPI, cards, netbanking and wallets, plus payment links, pages, subscriptions and invoices.

The best way to decide is to run the same week of real work through both — most offer a free plan or trial — and compare how long tasks take, what your team prefers, and the total cost for your number of users including renewal pricing.

Not sure either fits? See all payment gateways compared.