TrustRadius: an HG Insights company

Razorpay Payment Gateway vs. 2Checkout from Verifone

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    2Checkout from Verifone

    Score8.6 out of 10
    N/AThe 2Checkout Monetization Platform, now from Verifone (acquired September 2020) is designed to address the complexity of online commerce, subscription billing, and global payments for software, SaaS and online services companies. The vendor says that their solution is backed by: a proven cloud platform, unmatched expertise and a depth of digital commerce services. The vendor’s value proposition is that their solution simplifies the complexities that online merchants face when expanding and…N/A
    Pricing
    Razorpay Payment Gateway2Checkout from Verifone
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Razorpay Payment Gateway2Checkout from Verifone
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details—2SELL - 3.5% + 0.30 EUR per successful sale 2SUBSCRIBE - 4.5% + 0.40 EUR per successful sale 2MONETIZE - 6.0% + 0.50 EUR per successful sale
    More Pricing Information
    Features
    Razorpay Payment Gateway2Checkout from Verifone
    Payment Gateways
    Comparison of Payment Gateways features of Razorpay Payment Gateway and 2Checkout from Verifone
    Feature
    Razorpay Payment Gateway
    8.8
    4 Ratings
    17% above category average
    2Checkout from Verifone
    -
    Ratings
    Fraud Detection9.02 Ratings00 Ratings
    API or SDK8.34 Ratings00 Ratings
    Recurring Payment Support9.34 Ratings00 Ratings
    Billing and Invoicing Support9.04 Ratings00 Ratings
    Global Support8.03 Ratings00 Ratings
    Payment Form Acceptance9.03 Ratings00 Ratings
    Best Alternatives
    Razorpay Payment Gateway2Checkout from Verifone
    Small Businesses
    Apple Pay
    Score9.1 out of 10
    WooCommerce Subscriptions
    Score8.7 out of 10
    Medium-sized Companies
    Payoneer
    Score8 out of 10
    Chargebee
    Score8.5 out of 10
    Enterprises
    Checkout.com
    Score10 out of 10
    Zuora
    Score8.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Razorpay Payment Gateway2Checkout from Verifone
    Likelihood to Recommend
    8.7
    (5 ratings)
    8.2
    (6 ratings)
    Usability
    8.0
    (3 ratings)
    1.0
    (1 ratings)
    User Testimonials
    Razorpay Payment Gateway2Checkout from Verifone
    Likelihood to Recommend
    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
    Verifone
    2Checkout Monetization Platform is well suited for emerging SaaS businesses because along with payment processing, they offer you exposure to Affiliates and make electronic code delivery easy. The dashboard is cumbersome and reporting graphs/options are not easy to comprehend so it might become trouble when the business grows and you want to show it to venture capitalists or any investor/buyer.
    Incentivized
    Read full review
    Pros
    Razorpay
    • Payment Notification
    • Intuitive Dashboard
    • Various Payment Methods
    • Export of reports
    Incentivized
    Read full review
    Verifone
    • 2Checkout handles credit cards that I would not be able to accept from my country.
    • Fraud prevention works. They saved me a couple of times and I appreciate that.
    • I always received my payments on time. I never had to complain.
    Incentivized
    Read full review
    Cons
    Razorpay
    • Lowering Payment Release / Settlement Period
    • Cumbersome International Payment Acceptance
    • Webhook issues with Shopping cart (WooCommerce)
    Incentivized
    Read full review
    Verifone
    • In the 2Checkout dashboard, searching for transactions is a bit awkward
    • I wish there were more reports available for me in the 2Checkout dashboard
    Read full review
    Usability
    Razorpay
    Standard industry payment gateway with lot of different payment options
    Incentivized
    Read full review
    Verifone
    It is surreal. Everything feels like they don't really want you to use them. I had to beg them to approve my account because of stupid approval questions. Example: give ONE url where payments will come from. (my payments will come from a page inside my webapp which means absolutely nothing to users who don't have a user in my webapp. I also have many URLs where the users can pay from) Then their API is super complicated to use. I couldn't believe how complicated it is. It is not well explained in the documentation and you have to guess until you understand the underlying logic. I wouldn't use it if I Stripe was available in my country.
    Incentivized
    Read full review
    Alternatives Considered
    Razorpay
    Stripe allows us to collect payment from GCC countries. Which is missing in Razorpay. Works fine for Indian customers
    Incentivized
    Read full review
    Verifone
    Avangate digital commerce is the only available leading payment gateway service provider for Sri Lankans. That is the main reason to choose Avangate for my web store. It's easy and cost-effective and easy to use as a payment gateway service provider overall. Pricing, customer care, payout process and reporting is very good at Avangate.
    Incentivized
    Read full review
    Return on Investment
    Razorpay
    • Increased sales with EMI and Paylater Payment Method
    • Reduced time to verify transaction manually
    • Managing team with different roles
    Incentivized
    Read full review
    Verifone
    • I now get excellent customer service as compared to when I was with PayPal
    • I no longer have to subject my customers to the pain of maintaining a PayPal account
    • 2Checkout allows me to offer the same service as any large company and I'm a 1 man show
    Read full review
    ScreenShots