Compare Cashfree with Razorpay [ There is a Clear Winner ] #cashfree #razorpay

❤️ Hello Everyone
In this video, we'll Compare Cashfree with Razorpay, and find out, which one is the best for our businesses.

Both Cashfree and Razorpay are the most popular and most used payment gateways in India. Both have their pros and cons, which we will explore in this video.

Cashfree and Razorpay share so many common features like

Zero Setup Cost
Payment Links Creation
Integration with Major Platforms i.e, Shopify and Woocommmerce
Simple Dashboards
Great Checkout Experience
Instant Refund Facilities
Pay Later Feature,
Both are PCI DSS Compliant

Let's Look at the Comparison of other factors

👉 Onboarding and Sign Up
- Both Cashfree and Razorpay make it easy to set up an account
- However, Razorpay takes a long time to activate your account and asks you many questions

👉 Transaction Charges
- Cashfree charges the lowest transaction fees at 1.90% and 0% for UPI and Rupay Cards, while Razorpay charges 2%.

👉 Settlement Cycle
- Razorpay and Cashfree have the same settlement period of T+2 Days

T is the Date of payment capture

- Cashfree offers Instant Settlements within 15 minutes, while RazorPay offers same-day Instant Settlements
- However, Razorpay comes with a condition that the settlement cycle is subject to bank approval and can vary

It simply means that the settlement cycle for your account might or might not be T+2 Days. It will depend on your bank.
So The majority of new accounts have a settlement cycle of T+10 Days

👉 Support
There is email, chat, and ticketing support from both, but Razorpay does not offer phone support

👉 Mobile Apps
There are androids apps for both, but Cashfree does not have an iOS app yet.

📌 Based on a Comparison of these important factors, we determined that with
Lowest Transaction Fees
Easy Onboarding and Activation
Fast Settlements
Beter support
Cashfree is the 🏆

Leave us a comment below and let us know What you think.

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#cashfree #razorpay #paymentgateway

[rseditography]

Cashfree do charge for UPI/ Ru pay
1.90%
But as platform fee
not transaction fee

In website it shows 0 for upi but charge 1.9%

Feel some kind of marketing tactic

[hirenbhojak]

The way you're helping without any cost is totally appreciable. Keep growing 🔥👏

[joydas]

Now that companies such as Cashfree, Razor Pay and PaytM are not onboarding new merchants for payment gateways what are the other good options available in India especially who supports free UPI payments please ?

[online-lawguru]

Hello, Dear will you pls. guide me how to generate link for digital products eg file sharing or download with redirection facilities in cashfree payment gateway,

[bharatsethi]

Razorpay main bhot sare qr generate kr sakte ha cash free main bhi kar sakte ha qr generate bhot sare

[CDeskSolutions]

Hey! We've just created a community on Facebook where we can come together to help and support each other. Join us and let's build a positive and supportive network!

[dominic]

we are trust working for ill children which gateway we should go for the donation so the funds to be available instant for help ? Awaiting reply Thanks for information

[sundayvictor]

Wow, Nice one! Does cashfree offer payment link?

[kingsman]

Yes Cashfree is better than Razorpay i get easy approval

[sundayvictor]

Wow! Nice one! I messaged you on instagram, please reply!

Does razorpay accept naira currency using payment link?