Head-to-Head Specification Audit
Razorpay vs PayFast
Indian SMBs & Startups · India
Specification Matrix
| Metric | Razorpay | PayFast |
|---|---|---|
| Starting Price | CustomBetter | Custom |
| API Rate Limit | 300 req/minBetter | 60 req/min |
| Target Country | India | South Africa |
| Category | Payment Processing | Payment Processing API |
| Compliance | PCI-DSS, RBI Compliance | POPIA, PCI-DSS |
| Hosting Regions | IN-Mumbai, IN-Bangalore | ZA-Cape-Town, ZA-Johannesburg |
| Native Integrations | 6 listedBetter | 6 listed |
Razorpay — Key Specs
- ✓#1 payment gateway in India — 8M+ businesses use it
- ✓Supports UPI, NetBanking, Wallets, Cards, and EMI out of the box
- ✓Razorpay Capital offers working capital loans based on transaction history
- ✓RazorpayX business banking with INR-denominated accounts
PayFast — Key Specs
- ✓Only major payment gateway with POPIA-compliant ZA data residency by default
- ✓Supports EFT, credit card, Instant EFT, Mobicred, and SnapScan natively
- ✓No monthly fee — pay 2.0–3.5% per transaction only
- ✓Recurring billing API supports subscription SaaS models out of the box
Frequently Asked Questions
What is cheaper, Razorpay or PayFast?+
Both tools start at $0/mo on their entry plans.
Which tool is better for compliance — Razorpay or PayFast?+
Both support PCI-DSS. Razorpay additionally supports RBI Compliance. PayFast additionally supports POPIA.
Is Razorpay or PayFast compliant with South Africa's POPIA?+
PayFast supports POPIA compliance. Razorpay does not list POPIA as a supported framework.
Which has a higher API rate limit — Razorpay or PayFast?+
Razorpay has a higher API rate limit at 300 requests per minute. Razorpay: 300 req/min. PayFast: 60 req/min.
Which tool is better suited for India?+
Razorpay is evaluated for Indian SMBs & Startups in India with hosting regions: IN-Mumbai, IN-Bangalore. PayFast has hosting regions: ZA-Cape-Town, ZA-Johannesburg. For data residency in India, check each vendor's data processing agreements.
Data last verified: 25 June 2026
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