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Midtrans vs Razorpay

Midtrans and Razorpay are both card processing platforms. On a $1,000 payment you keep about $971–$993 on Midtrans and $980 on Razorpay, before withdrawal or currency-conversion costs.

Updated · from each platform’s published fees and payout terms · how we verify

Key differences

  • On a $1,000 payment you keep about $971–$993 on Midtrans and $980 on Razorpay, before withdrawal or currency-conversion costs.
  • Both pay out via Bank transfer.
  • Midtrans is the older platform — founded in 2012, 2 years before Razorpay (2014).
  • Midtrans is based in Indonesia, Razorpay in India.

Side by side

Midtrans An Indonesian payment gateway (GoTo) for accepting cards, bank transfers, and e-wallets. Visit Razorpay India leading payment gateway - businesses of any size accept cards, UPI, netbanking, and wallets, with paymen… Visit
Type Card processing like Stripe Card processing like Stripe
Category Payments Payments
Vetted No No
Work from home Yes Yes
Fees Cards 2.9% + Rp2000, QRIS 0.7% Around 2% per domestic transaction
Withdraw via Bank payout after settlement Bank transfer
Availability Indonesia India
Local to Indonesia India
Founded 2012 2014
Headquarters Jakarta, Indonesia Bengaluru, India
Popularity 46 views · 0 likes 48 views · 0 likes

Frequently asked questions

Which is cheaper, Midtrans or Razorpay?

On a $1,000 payment you keep about $971–$993 on Midtrans and $980 on Razorpay, before withdrawal or currency-conversion costs.

Where are Midtrans and Razorpay available?

Midtrans: Indonesia. Razorpay: India.

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