Quick answer: Most payment gateways in India charge a platform fee of about 1.95%–2% + 18% GST on each successful UPI, card, netbanking or wallet payment, with no setup fee. Amex, Diners and international cards usually cost 3–5%. UPI itself has zero MDR, but most gateways still charge their platform fee on UPI. Rates below are taken from each gateway's own pricing page, last checked on 28 October 2026.
Platform fee per successful payment, excluding 18% GST. Standard plans for small and mid-size online stores.
| Gateway | UPI | Domestic cards, netbanking, wallets | Amex / Diners | International cards | Setup / yearly fee | Settlement |
|---|---|---|---|---|---|---|
| Razorpay Standard Offer running | 2%2.36% with GST | 2%2.36% with GST | 3%3.54% with GST | 3%3.54% with GST |
No setup fee No yearly fee |
T+2 working days |
| Cashfree Payments Standard Offer running | 1.95%2.3% with GST | 1.9%2.24% with GST | Not published | 2.99%3.53% with GST |
No setup fee No yearly fee |
Not published (T+1 under the current new-merchant offer) |
| PayU Standard | Not published | 2%2.36% with GST | 3%3.54% with GST | 3%3.54% with GST |
No setup fee No yearly fee |
T+2 (faster priority settlement for a fee) |
| CCAvenue Startup Pro | Not published | 2%2.36% with GST | 4%4.72% with GST | 4.99%5.89% with GST |
No setup fee ₹1,200 a year |
Not published |
| Paytm Payment Gateway Standard | 1.99%2.35% with GST | 1.99%2.35% with GST | Not published | Not published |
No setup fee No yearly fee |
Not published (real-time settlement offered) |
| PhonePe Payment Gateway Standard Offer running | Not published | Not published | Not published | Not published |
No setup fee No yearly fee |
Not published |
| Easebuzz Custom | Not published | Not published | Not published | Not published |
No setup fee No yearly fee |
T+1 working day |
"Not published" means the gateway does not show that rate publicly; it is quoted after signup. Rates change — always confirm on the gateway's site before you sign. Sources and dates are listed at the bottom of this page.
Platform fee + 18% GST + any yearly fee spread over 12 months. Standard rates — new-merchant offers not included. Where a rate is not published we assume the gateway's standard rate, or a typical 3% for Amex and international cards.
₹1,40,524 a year · 2.34% of sales · lowest for your mix
Not published, so we assumed: Amex, Diners & corporate cards 3%.
₹1,44,467 a year · 2.41% of sales
Not published, so we assumed: Amex, Diners & corporate cards 3%; International cards 3%.
₹1,44,467 a year · 2.41% of sales
Not published, so we assumed: UPI 1.99%; Domestic cards, netbanking & wallets 1.99%; Amex, Diners & corporate cards 3%; International cards 3%.
₹1,45,140 a year · 2.42% of sales
₹1,45,140 a year · 2.42% of sales
Not published, so we assumed: UPI 2%.
₹1,51,498 a year · 2.5% of sales
Not published, so we assumed: UPI 2%.
Rates are shared after signup.
Between the cheapest and the most expensive option for your mix: ₹10,974 a year.
These can make your first months cheaper, but read the limits — the calculator above uses standard rates because offers end.
0% platform fee for new merchants who complete KYC and activate on or after 1 July 2026, on up to ₹5 lakh of transactions or 90 days, whichever comes first. Covers UPI, debit and credit cards, netbanking and wallets (not Amex, Diners, corporate cards, EMI or international). A one-time ₹199 KYC fee applies.
Zero platform fee on up to ₹20 lakh of domestic transactions for new merchants who sign up from 21 July 2026, valid until 31 March 2027. Excludes Amex, Diners, corporate cards, EMI, pay later and international payments, and can be withdrawn if credit cards pass 60% of volume.
Limited-period offer: zero transaction fee instead of the standard 1.99% (terms and end date not published).
We set up and test your chosen gateway on OpenCart — UPI, cards, netbanking, wallets, refunds and order status — and can add a second gateway as backup. Need help choosing? Tell us how your buyers pay.
2% + GST standard
Best for: Most stores that want one gateway with every payment method and a well-known checkout
UPI is charged the same 2% platform fee as cards, even though UPI MDR is zero. Debit card EMI is 1%. International chargeback protection is an optional extra 1%.
OpenCart: Official OpenCart extension published by Razorpay
1.95% + GST standard
Best for: Price-sensitive stores with mostly UPI and domestic card payments
Debit card EMI is 1.5%. Instant settlement costs an extra 0.30%. Amex and Diners rates are not clearly published.
No AMC listed on the standard charges page; another Cashfree page mentions a ₹4,999 annual charge — confirm with Cashfree.
OpenCart: Integrated with OpenCart through Cashfree's payment API
2% + GST standard
Best for: Established businesses that want priority settlement options
UPI pricing is not published and is quoted by business type and volume. Rates checked from PayU's pricing page as summarised by PaymentReview (September 2026).
OpenCart: Integrated with OpenCart through PayU's payment API
2% + GST standard
Best for: Stores with many international or multi-currency buyers that want a long-established gateway
The higher Privilege plan (₹20,000 setup) lowers domestic rates to 1.90% (1.10% on debit cards). Domestic corporate cards are 3%. UPI is not listed on the pricing page.
Annual software upgradation charge of ₹1,200, waived for the first financial year
OpenCart: Integrated with OpenCart through CCAvenue's integration kit
1.99% + GST standard
Best for: Stores whose buyers already use Paytm UPI and wallet
One published platform fee of 1.99% + GST on the standard plan. Separate Amex, Diners and international rates are not published.
OpenCart: Integrated with OpenCart through Paytm's payment API
1.99% + GST standard
Best for: UPI-heavy stores, especially while the zero-fee offer runs
Per-method rates are not published; the headline 1.99% is used in the calculator.
OpenCart: Integrated with OpenCart through PhonePe's payment API
Custom pricing
Best for: Education, utilities and businesses that want negotiated rates
Pricing is custom and shared after signup; card rates follow sector-based slabs. No setup fee.
OpenCart: Integrated with OpenCart through Easebuzz's payment API
| Fee rate | Fee | GST (18%) | You receive |
|---|---|---|---|
| 1.95% | ₹19.50 | ₹3.51 | ₹976.99 |
| 2% | ₹20.00 | ₹3.60 | ₹976.40 |
| 3% | ₹30.00 | ₹5.40 | ₹964.60 |
Most gateways charge a platform fee of about 1.95%–2% of each successful payment plus 18% GST on that fee, so 2% becomes about 2.36% in total. There is usually no setup fee or annual fee on standard plans. Amex, Diners, corporate and international cards cost more, typically 3–5%.
The MDR on UPI payments from bank accounts is zero by government rule, so banks and the UPI network charge nothing. Payment gateways still charge their own platform fee for checkout, security, reconciliation and settlement — for example Razorpay charges 2% + GST on UPI. A direct UPI QR from your bank avoids the fee but gives no automatic order matching on your website.
On published standard rates, Cashfree (1.95%), Paytm and PhonePe (1.99%) are slightly cheaper than Razorpay, PayU and CCAvenue (2%). New-merchant offers can make the first months free. The cheapest overall depends on your payment mix — use the calculator on this page with your own monthly sales.
Yes. 18% GST is charged on the gateway's fee, not on your full sale amount. On a ₹1,000 order with a 2% fee, the fee is ₹20 and GST is ₹3.60, so you pay ₹23.60. GST-registered businesses can usually claim this GST as input tax credit.
Standard settlement is usually T+1 to T+2 working days, meaning the money reaches your bank one or two working days after the payment. Most gateways offer faster or instant settlement for an extra fee of around 0.2–0.35%.
Razorpay publishes an official OpenCart extension and supports UPI, cards, netbanking, wallets and EMI in one checkout, which makes it the most common choice. PayU, Cashfree, CCAvenue, Paytm, PhonePe and Easebuzz can all be connected to OpenCart through their payment APIs. BizTorq sets up and tests whichever gateway you choose.
Yes. Many stores keep a second gateway as a backup in case the first one has downtime, or use one for domestic and another for international payments. OpenCart supports several payment methods at checkout.
Every month. Each gateway row shows the date it was last checked and a link to the source, so you can confirm the current rate before signing up.
Spotted an outdated rate? Tell us on WhatsApp and we will update it.