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J.P. Morgan Payments vs. Razorpay Payment Gateway

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    J.P. Morgan Payments

    Score7.7 out of 10
    N/AJ.P. Morgan Payments now integrates the functionality of WePay, a payment processing and mobile point-of-sale (mpos) software solution. WePay was acquired by Chase in 2017.N/A

    Razorpay Payment Gateway

    Score8.8 out of 10
    N/ARazorpay Payment Gateway, from Razorpay in Bangalore, boasts easy integration, completely online onboarding, feature filled checkout and performance.N/A
    Pricing
    J.P. Morgan PaymentsRazorpay Payment Gateway
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    J.P. Morgan PaymentsRazorpay Payment Gateway
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    J.P. Morgan PaymentsRazorpay Payment Gateway
    Payment Gateways
    Comparison of Payment Gateways features of J.P. Morgan Payments and Razorpay Payment Gateway
    Feature
    J.P. Morgan Payments
    -
    Ratings
    Razorpay Payment Gateway
    8.8
    4 Ratings
    17% above category average
    Fraud Detection00 Ratings9.02 Ratings
    API or SDK00 Ratings8.34 Ratings
    Recurring Payment Support00 Ratings9.34 Ratings
    Billing and Invoicing Support00 Ratings9.04 Ratings
    Global Support00 Ratings8.03 Ratings
    Payment Form Acceptance00 Ratings9.03 Ratings
    Best Alternatives
    J.P. Morgan PaymentsRazorpay Payment Gateway
    Small Businesses
    Apple Pay
    Score9.1 out of 10
    Apple Pay
    Score9.1 out of 10
    Medium-sized Companies
    Payoneer
    Score8 out of 10
    Payoneer
    Score8 out of 10
    Enterprises
    Checkout.com
    Score10 out of 10
    Checkout.com
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    J.P. Morgan PaymentsRazorpay Payment Gateway
    Likelihood to Recommend
    7.0
    (8 ratings)
    8.7
    (5 ratings)
    Usability
    -
    (0 ratings)
    8.0
    (3 ratings)
    User Testimonials
    J.P. Morgan PaymentsRazorpay Payment Gateway
    Likelihood to Recommend
    JPMorgan Chase & Co.
    It is good when you need a temporary (or permanent) solution to get funds to your bank account for something as small as a one time event, recurring or larger. It has reputable companies that use it and seems to integrate easily with most systems and accounts. You will have to go through a whole setup, with your bank accounts, etc.
    Incentivized
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    Razorpay
    Razorpay Payment Gateway is suitable for starters as well as large enterprises too. They do not have annual maintenance charges, but the transactional charges could feel a little on the higher side for starters. However, the seamless payment interface and better acceptability make it a good choice. Even for businesses looking to broaden their horizon beyond India, it is nice to have international features enabled on your account.
    Incentivized
    Read full review
    Pros
    JPMorgan Chase & Co.
    • Easy for new users to set up a WePay account.
    • Easy and quick for users with WePay accounts to make donations.
    • Fairly quick payouts to organizations who receive donations through our platform.
    Incentivized
    Read full review
    Razorpay
    • Payment Notification
    • Intuitive Dashboard
    • Various Payment Methods
    • Export of reports
    Incentivized
    Read full review
    Cons
    JPMorgan Chase & Co.
    • Admin reporting could be improved
    • Fees are pulled out of each transaction instead of aggregated at the end of the month (this could be a pro for some users)
    • Difficult to give switch the admin role after it has already been assigned
    • No credit card swipers
    • Only way to process a transaction is directly through the website
    Incentivized
    Read full review
    Razorpay
    • Lowering Payment Release / Settlement Period
    • Cumbersome International Payment Acceptance
    • Webhook issues with Shopping cart (WooCommerce)
    Incentivized
    Read full review
    Usability
    JPMorgan Chase & Co.
    No answers on this topic
    Razorpay
    Standard industry payment gateway with lot of different payment options
    Incentivized
    Read full review
    Alternatives Considered
    JPMorgan Chase & Co.
    PayPal has it's own niche, and have more stand alone options, but they are confusing to navigate unless you are in their system a lot. Integration can take a lot more time to do and test out. Plus WePay charges less than PayPal does which in this case is an advantage.
    Incentivized
    Read full review
    Razorpay
    Stripe allows us to collect payment from GCC countries. Which is missing in Razorpay. Works fine for Indian customers
    Incentivized
    Read full review
    Return on Investment
    JPMorgan Chase & Co.
    • Cuts down on sales time because Wepay does the approval instantly
    • Less return on a per transaction basis because the Wepay fees are pretty high to start with so we can't mark them up too high
    Incentivized
    Read full review
    Razorpay
    • Increased sales with EMI and Paylater Payment Method
    • Reduced time to verify transaction manually
    • Managing team with different roles
    Incentivized
    Read full review
    ScreenShots