Selecting the right payment infrastructure depends on your target customer base, payment method requirements, and financial model. Indian digital businesses typically choose between full-stack payment aggregators (such as Razorpay or PayU) and focused direct-to-bank UPI routing solutions.
Operational Comparison
- Transaction Fees: Traditional aggregators deduct 2% + 18% GST per transaction. UPIGateway.dev charges 0% per transaction and operates on a flat monthly subscription.
- Settlement Timeline: Traditional aggregators typically settle on a T+1 or T+2 working day schedule. Direct UPI routing transfers funds immediately from customer to merchant bank accounts.
- Supported Instruments: Aggregators support credit cards, debit cards, net banking, EMI, and international cards. UPIGateway.dev is specialized specifically for domestic Indian UPI transactions.
- Merchant Account Setup: Aggregators require business documentation, GSTIN verification, and bank review. UPIGateway.dev links directly to your existing UPI accounts.
Evaluating Cost Efficiency
At a monthly transaction volume of Rs 1,00,000, traditional aggregator fees amount to approximately Rs 2,360 per month. On UPIGateway.dev's Growth plan, the cost is a predictable flat Rs 299 per month. For businesses processing predominantly domestic UPI payments, this structure offers substantial cost efficiency.
Strategic Recommendation
Many online businesses adopt a hybrid strategy: utilizing direct UPI routing for domestic UPI transactions to maximize margins and achieve instant settlement, while retaining a standard aggregator for credit cards and overseas international buyers.