When comparing Razorpay vs Stripe, the Slant community recommends Stripe for most people. In the question“What are the best online payments APIs outside of the USA?” Stripe is ranked 1st while Razorpay is ranked 4th. The most important reason people chose Stripe is:
Stripe is very simple for developers to integrate into their application as it is a "works out of the box" solution with a fantastic API. The Stripe API is incredibly simple to setup, for example creating a new charge with Ruby is simply: require "stripe" Stripe.api_key = "vtUQeOtUnYr7PGCLQ96Ul4zqpDUO4sOE" Stripe::Charge.create( :amount => 400, :currency => "usd", :card => { :number => "4242424242424242", :exp_month => 1, :exp_year => 2014, :cvc => 314 }, :description => "Charge for test@example.com" )
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Pros
Pro For a long time, we have felt that enabling frictionless transactions is a major problem and nobody seems to be doing it right.
Razorpay aims to revolutionize money management for online businesses by providing clean, developer-friendly APIs and hassle-free integration. We offer a fast, affordable and secure way for merchants, schools, ecommerce and other companies to accept and disburse payments online, own a fully-functional current account and avail working capital loans.
Pro Very Easy to Setup
Stripe is very simple for developers to integrate into their application as it is a "works out of the box" solution with a fantastic API.
The Stripe API is incredibly simple to setup, for example creating a new charge with Ruby is simply:
require "stripe"
Stripe.api_key = "vtUQeOtUnYr7PGCLQ96Ul4zqpDUO4sOE"
Stripe::Charge.create(
:amount => 400,
:currency => "usd",
:card => {
:number => "4242424242424242",
:exp_month => 1,
:exp_year => 2014,
:cvc => 314
},
:description => "Charge for test@example.com"
)
Pro Very competitive fees
Pro Great Documentation
Pro Supports online marketplaces
Stripe have recently announced support for online marketplaces. This means a service can now enable their users to seamlessly collect payments using the Stripe API.
Cons
Con They have very complicated and expensive pricing for marketplaces
See here.