Cashfree Payment Gateway vs Instamojo
Cashfree Payment Gateway
cashfree.comInstamojo
instamojo.comSide by side
| Figure | Cashfree Payment Gateway | Instamojo |
|---|---|---|
| Price from | Free | ₹333.25/mo |
| Free plan | Yes | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 7 | 11 |
| Spec score · Payment Gateways | 8.8 (#6) | 9.0 (#2) |
| Company size | LinkedIn lists a company size of 501–1,000 employees. | LinkedIn lists Instamojo as privately held with 51–200 employees. |
| Founded | 2015 | LinkedIn lists the company as founded in 2012. |
| Founders | Crunchbase identifies Akash Sinha as co-founder and CEO and Reeju Datta as co-founder. | Crunchbase lists Sampad Swain, Akash Gehani, Aditya Sengupta and Harshad Sharma among the founders. |
| Headquarters | Bengaluru, Karnataka, India | Bengaluru, Karnataka, India |
| Payment links | Merchants can accept payments without coding by creating payment links. | Payment links can be created, shared and embedded with a pay button, and the Smart tier adds expiry, buyer information, redirects and webhooks. |
| Payment methods | The gateway supports UPI, cards, net banking, wallets, EMI, pay-later products and more than 180 payment modes. | The pricing page lists UPI, domestic cards, netbanking, wallets, EMI options, corporate cards and premium or international cards subject to request. |
| Public repositories | Cashfree's GitHub organization publishes Node.js, Go, JavaScript, PHP, Java and Python payment libraries plus Android, iOS and React Native samples. | Instamojo's GitHub organization lists public Node.js, Ruby, PHP, Android SDK and iOS SDK repositories. |
| Rating on Capterra | 4.4 out of 5 from 85 reviews. | 3.9 out of 5 from 17 reviews. |
| Rating on G2 | 4.0 out of 5 from 31 reviews. | 0.0 out of 5 from 0 reviews; G2 says there are insufficient reviews for buying insight. |
| Rating on Trustpilot | 1.5 out of 5 from 43 reviews. | 1.5 out of 5 from 49 reviews. |
| Support | The maker says enterprise accounts can receive a dedicated account manager and WhatsApp support. | The Do-It-For-Me plan includes 12 months of support and phone and WhatsApp support for the first 30 days. |
| What it does | Cashfree provides payment collection, payouts, international payments, identity verification and fraud-detection infrastructure for businesses. | Instamojo describes itself as an Indian all-in-one D2CTech platform offering online stores, landing pages and payment solutions. |
Plans
Cashfree Payment Gateway
- Festive offerFree
- Instant SettlementsPriced on request
- Payment Gateway standard platform feePriced on request
- Standard platform feePriced on request
- EMI payment feePriced on request
- EnterprisePriced on request
- Introductory payment-gateway offerPriced on request
Instamojo
- QuickFree
- Smart₹4,999 a year
- LiteFree
- Starter₹3,999 a year
- Growth₹9,999 a year
- BasicFree
- LiteFree
- Lite (Online Store)Free
- QuickFree
- Starter (Online Store)₹6,999 a year
In their own words
Cashfree Payment Gateway
Cashfree Payment Gateway lets businesses accept online payments through hosted checkout, web elements, mobile integrations, APIs, plugins, payment links, and forms. Cashfree lists 180+ payment modes, including UPI, cards, wallets, EMI, and Pay Later, and says merchants can accept international payments in 140+ currencies. Integration options include Android, iOS, React Native, and Flutter, with Shopify and WooCommerce plugins also listed. Cashfree says its UPI gateway connects to 8+ banks and routes transactions between them; the default UPI settlement cycle is T+2 days, while instant settlements are available to eligible businesses. It lists PCI DSS, ISO 9001, and ISO 27001 certifications and identifies itself as an RBI-authorised Payment Aggregator. Onboarding is described as paperless, with a payment expert contacting new sign-ups within 24 working hours. Standard platform fees are priced on request, deducted from successful transactions before settlement. A festive offer gives eligible new merchants no gateway fees on the first ₹20L of GMV, though GST applies and exclusions and campaign conditions apply.
Instamojo
Instamojo is an Indian platform for selling online, publishing landing pages and collecting payments. Its Lite online store includes a shopping cart, unlimited products, cash on delivery, shipping integrations and order management. Smart Pages can publish unlimited landing pages with payment integration, testimonials, FAQs, discount codes and up to three pricing options on Basic. The gateway supports credit and debit cards, netbanking, EMI, wallets, UPI and major card networks. Marketplace APIs can split payments among beneficiaries, settle them individually, and hold or release funds based on fulfilment. Businesses can connect through listed libraries and plugins for programming languages, mobile platforms and ecommerce systems. The Android app supports store creation, inventory and order management, metrics, payments and payouts. Instamojo also offers a CRM for customer insights, communications and automated email. Free plans are available; listed paid options include Smart at ₹4,999 a year and Starter at ₹6,999 a year. GST is charged in addition to listed prices.