Paybyrd vs Razorpay Route

Paybyrd provides a payment platform for online checkout, in-person POS, and payment links. It supports more than 20 payment methods, 192+ currencies, and 40+ countries. Checkout can be hosted or white-label, and POS terminals are listed from €11/mo. Paybyrd says its multi-acquirer routing directs transactions to an acquirer likely to approve them. Integrations include WooCommerce, Magento, Shopify, PrestaShop, SAP, Oracle, and Host PMS. Developers can use a REST API, SDKs, pre-built plugins, webhooks, and a free sandbox. Paybyrd states that it is PCI DSS Level 1 certified and includes 3-D Secure 2.x in remote card flows. Its security page says ISO/IEC 27001 certification is in progress and the SOC 2 Type II report is in preparation. The Essential plan has no monthly fee and charges per online card transaction, with a rate that drops to 0.99% at €80K monthly volume. Pricing fees are in EUR excluding applicable taxes. Paybyrd presents solutions for airlines, retail, hospitality, restaurants, marketplaces, and transport businesses.

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.