Ekurpay Marketplace Payments vs Razorpay Route

Ekurpay Marketplace Payments is a paid web and API service for handling marketplace money flows. It automates split payments, escrow, fees, payouts, and settlement management for product marketplaces, booking platforms, and digital service hubs. Buyer funds can be divided among sellers, service providers, and the marketplace through predefined logic and real-time settlement flows. Escrow can hold money until delivery, approval, or service completion. Operators can configure daily, weekly, or custom payout schedules for each vendor, including timing, fees, and routing. Sellers can be registered, verified, and activated through embedded flows or APIs. The service supports multiple currencies, conversion-rate optimization, and configurable foreign-exchange rules. Its dashboard covers transactions, disputes, reports, audit logs, and exportable payment records. Ekurpay describes KYC, AML, PSD2 flows, adaptive fraud rules, PCI DSS compliance, encryption, and card tokenization. Pricing is available on request.

Razorpay Route splits incoming payments among multiple sellers, service providers, or bank accounts. For marketplaces, it can direct parts of a customer payment to chosen sellers and control the amount, recipient, and settlement timing. Businesses can onboard vendors and other payees as linked accounts without physical paperwork, make multiple transfers from one payment, and reverse transfers through APIs. Settlements can be scheduled, deferred, or held until business conditions are met. Route also supports API-driven reconciliation and reporting for transactions, transfers, and settlements. Payments collected through Subscriptions, Payment Links, Invoices, and Smart Collect can be split through Route. It supports webhooks for transfer creation and reversal, with separate test and live URLs. Razorpay describes it as built for 100,000+ sellers and millions of transactions, with Amazon AWS hosting and auto-scaling. Access requires domestic turnover above ₹40 Lakhs or export turnover above ₹5 Lakhs in FY26 or FY25, plus payer-payee transparency information. The Standard Plan is $0.10 as a one-time purchase, with GST applicable; a Customized Plan has no listed price.