Razorpay Fee Calculator
Rate by method, plus GST on the fee.
Processor pricing varies by country, card type and whatever you negotiated, and it changes without much notice. Take the real figures from your own statement — these defaults are a starting point, not your account.
Razorpay fee including GST
₹118.00
2.36% of the transaction
GST is charged on the fee, not on the transaction — so the real cost is 2.36%, not 2%. It is reclaimable as input credit if you are GST registered, which most sellers are.
How the Razorpay Fee Calculator works
Razorpay's headline 2% is not the whole cost — GST is charged on the fee, adding 18% to it. And the method matters enormously: UPI carries no merchant discount rate under current rules, which is why it dominates Indian ecommerce volume.
Not financial advice. Marketplace fees change, and they vary by country, plan and seller status. Every rate here is an editable default, not a quoted price — check the platform's current fee schedule before you price a product against it. This is not tax or business advice.
Frequently asked questions
What does Razorpay charge?
Around 2% for domestic cards, netbanking and wallets, and around 3% for international cards. UPI person-to-merchant transactions carry no MDR under current rules. Rates are negotiable at volume.
Is GST charged on the fee?
Yes, at 18% of the fee — not of the transaction. A ₹100 fee becomes ₹118. If you are GST registered it is reclaimable as input credit, so the real cost returns to ₹100.
Why is UPI free for merchants?
Zero MDR on UPI person-to-merchant transactions is set by policy to drive digital payment adoption. It has been reviewed periodically, so confirm the current position for your merchant category.
When do I get the money?
Standard settlement is T+2 working days, with faster settlement available at an additional charge. Working out whether that charge is worth it is a cash-flow question, not a fee question.