Razorpay vs xPay | Best Razorpay Alternative for International Payments in India

Quick Snapshot

• Razorpay works well for occasional USD/EUR sales, but FX spreads + GST on fees can eat 7–8 % of your payout.

• xPay is purpose-built for exports: ~3–4 % all-in, lowest FX markup, instant FIRC, 92 %+ success.

• Use Razorpay for domestic ops, switch to xPay when global revenue matters.

Two Global Payment Options for Indian Exporters

Razorpay

• A well-known Indian PG that supports international payments.

• It accepts international cards but settles only in INR.

• Fees: 3 % + 18 % GST.

• Manual digital FIRC next day.

xPay

• xPay is an Indian Payment Gateway specifically built for collecting international payments.

• Transparent FX (live mid-market rates, zero markup).

• No GST or TDS on fees.

• Auto-FIRC, VAT/GST automation abroad, and 45+ payment methods.

Fee & Forex Showdown

💡 On a $100K month, you’ll likely save ₹4-5+ Lakhs with xPay.

Payout Speed & Currency Control

Razorpay

• T+1 INR settlement

• No ability to hold or convert to USD/EUR

• FX spread not shown to merchants

xPay

• T+1 payout to INR

• FX fully visible on the dashboard

• Zero spread = more transparency, more margin

Compliance & Tax: FIRC, GST, 15CA/CB

Razorpay

• Manual digital FIRC

• Charges 18 % GST on its fees (adds to reconciliation)

• Exporters still need LUT & file for zero-rated GST

xPay

• Automatic Instant FIRC with purpose-code tagging

• No GST on fees

• Handles overseas VAT/Sales Tax

• Avoids TDS on cross-border service fees

Checkout UX & Success Rate

Razorpay

• Card-first with optional PayPal redirect

• Limited alternative methods for global buyers

• 70 % success on foreign cards

xPay

• 45+ global/local methods (Apple Pay, Klarna, Affirm, wallets)

• 92 %+ success via No-OTP checkout

• Multicurrency pricing, brandable UI → more trust & conversion

Who Should Use What?

Use Razorpay if…

• 80–90 % of revenue is in INR

• You need UPI + cards in one dashboard

• Global payments are infrequent or under $1K/month

Switch to xPay when…

• Global GMV is growing ($10K+/month)

• You’re in SaaS, EdTech, Spiritual, or Consumer business

• You want better margins, full FX visibility & export compliance built-in

Ready to Keep More of Every Dollar You Earn?

Try xPay free for 30 days – pay 0 % fees, test real results.

Start accepting Apple Pay, PayPal, international cards, and 40+ methods, with the Lowest fees and instant FIRC.

Stop leaking revenue to FX spreads, failed OTPs & wire fees.

xPay is the international payment gateway built for Indian businesses.

Get 1 Month Free – Zero Transaction Fees

Ready for clearer, cheaper global payments?

Start Your One-Month ZERO Fees Trial with xPay.