Nexway vs. Razorpay Payment Gateway

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Nexway
Score 7.4 out of 10
N/A
Founded in 2002, Nexway is an e-commerce platform with a suite of personalized microservices. With 20 years of experience running merchant services & e-commerce solutions, Nexway handles the complexity of online sales and covers the full scope of e-commerce aspects. From invoicing to tax calculation, compliance and payment & financial institution integrations, security & data management, fraud and chargeback. The vendor states that…N/A
Razorpay Payment Gateway
Score 8.7 out of 10
N/A
Razorpay Payment Gateway, from Razorpay in Bangalore, boasts easy integration, completely online onboarding, feature filled checkout and performance.N/A
Pricing
NexwayRazorpay Payment Gateway
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NexwayRazorpay 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
NexwayRazorpay Payment Gateway
Payment Gateways
Comparison of Payment Gateways features of Product A and Product B
Nexway
-
Ratings
Razorpay Payment Gateway
8.8
1 Ratings
20% above category average
Fraud Detection00 Ratings10.01 Ratings
API or SDK00 Ratings9.01 Ratings
Recurring Payment Support00 Ratings8.01 Ratings
Billing and Invoicing Support00 Ratings9.01 Ratings
Global Support00 Ratings7.01 Ratings
Payment Form Acceptance00 Ratings10.01 Ratings
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NexwayRazorpay Payment Gateway
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User Ratings
NexwayRazorpay Payment Gateway
Likelihood to Recommend
7.3
(1 ratings)
10.0
(2 ratings)
User Testimonials
NexwayRazorpay Payment Gateway
Likelihood to Recommend
Nexway
The features and scalability of this solution impressed me and the customer-focused approach was a pleasant surprise. They paid attention to my specific needs and developed features that addressed them, allowing me to expand my business worldwide
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Razorpay
According to my experience, it is best for all types of businesses. You can integrate with your blog, and website easily in some simple steps. You can accept payments through payment pages, and links where you can set expiry dates. When a customer finds various payment methods, he/she will use your services again and again, which will grow your business. It automatically records payments, and in case of payment failures, you can set up an auto refund without any hassle. But when it comes to customer support, their response time is long, and they mostly create tickets via live chat. You can set instant settlement, but you have to pay an extra fee for that.
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Pros
Nexway
  • Easy to use and integrate with my existing payment infrastructure.
  • Offers real-time fraud protection and a secure online payment environment.
  • Comprehensive reporting tools to track and manage transactions.
  • Highly customizable options to meet the needs of my business.
  • Ability to scale my business worldwide.
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Razorpay
  • Payment Notification
  • Intuitive Dashboard
  • Various Payment Methods
  • Export of reports
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Cons
Nexway
  • The cost of the solution can be high for some businesses.
  • There are some limitations when it comes to certain payment methods.
  • The customer service response time can be slow sometimes.
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Razorpay
  • Customer support response time
  • Reduce flat payment gateway charges
  • Add more Wallet and EMI options
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Alternatives Considered
Nexway
Nexway teams always ready to face challenges have been listening to our business needs with tailored solutions. This distinctive approach on the market will ensure that you get a solution that supports your company's ambitions and is up to your business expectations.
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Razorpay
Easy to set up, and integration happens with simple steps. Various payment options. Easy to export reports. Instant payment notification and updates on dashboard. Useful for individuals, SMEs, and companies. Adding creative features from time to time for more improvement. The support team is responsive among other tools like Paytm, Google Pay, and Stripe. Amazon Pay is best when it comes to charges, but it has missing payment methods of Paylater apps, EMI apps. If it reduces its flat 2% charge, then it will trend at top.
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Return on Investment
Nexway
  • Ability to scale my business worldwide.
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Razorpay
  • Increased sales with EMI and Paylater Payment Method
  • Reduced time to verify transaction manually
  • Managing team with different roles
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ScreenShots