Both Payfit and Razorpay are leading payroll software solutions, but which one is better for you and your business?
Below we compare Payfit and Razorpay across nearly 50 different data points to help you make find the right one.
Payfit vs Razorpay Reviews
 |  |
| Payfit | Razorpay | ||
| Trustpilot Rating | 0 | 2.1 | |
| Number of Trustpilot Reviews | 0 | 322 | |
| iPhone App Rating | not available | 4 | |
| Number of iPhone App Reviews | not available | 12 | |
| Android App Rating | not available | 0 | |
| Number of Android App Reviews | not available | 0 |
Payfit vs Razorpay Pricing
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| Payfit | Razorpay | |
| Free Trial | Yes | Yes |
| Free Trial Length | n/a | n/a |
| Cheapest Plan Name | Light | Free Plan |
| Cheapest Plan Cost Per Month | $93 | $n/a |
| Mid Priced Plan Name | Standard | n/a |
| Mid Priced Plan Cost Per Month | $93 | $n/a |
| Top Plan Name | Premium | Pro Plan |
| Top Plan Cost Per Month | $167.39 | $36.02 |
Payfit vs Razorpay Features
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| Features | Payfit | Razorpay |
| Target Business Size | Mid size business | Mid size business |
| Unlimited Payrolls | ✘ | ✘ |
| Automated Tax Filing & Payments | ✘ | ✘ |
| E-sign I-9 & W-4 | ✘ | ✘ |
| Live Customer Support | ✔ | ✘ |
| Third-Party Integrations | ✔ | ✔ |
| Ability To Manage Employee Benefits | ✔ | ✘ |
| Employee Access To Platform | ✔ | ✔ |
| Direct Deposit | ✔ | ✘ |
| Expense Reimbursement | ✔ | ✔ |
| Time Off Accrual | ✔ | ✘ |
| Pre-Tax Deductions | ✔ | ✘ |
| Wage Garnishment | ✔ | ✘ |
| Background Checks | ✘ | ✔ |
| Check Printing | ✔ | ✘ |
| Check Delivery | ✘ | ✘ |
| API | ✘ | ✔ |
Payfit Light Features
- Automated payroll calculations
- Real-time payslips
- Automatic payslip generation and distribution
- Editable variable pay
- Automated RTI submissions
- Standard pension submissions
- Automated employment pension status assessment
- Employee portal with access to payslips and documents
- Faster payments (add-on)
- Variance reports
- Sync with accounting software
- Help centre access
- Supported onboarding & video training
Razorpay Free Plan Features
- Payroll Calculation
- Payslip Generation
- Direct Salary Payment
- One-Time Adjustments
- Salary Advance
- Salary Register
- Expense Management/Reimbursements
- Contractor Payments
- Compliance Calculation (PF, PT, TDS, ESI)
- Custom Salary Structures
- Email Notifications
- Email Support
Payfit Premium Features
- Automated payroll calculations
- Real-time payslips
- Automatic payslip generation and distribution
- Editable variable pay
- Automated RTI submissions
- Standard pension submissions
- Automated employment pension status assessment
- Employee portal with access to payslips and documents
- Faster payments (add-on)
- Variance reports
- Sync with accounting software
- Automated P11Ds
- Custom payroll journals
- Non-standard pension submissions
- Managed P11Ds
- Corrects / payroll reruns
- Expense management
- Easy receipt scanning (OCR)
- Expense reporting
- Assigned validation rights
- Employee system of record
- Leave & absence management
- Employee onboarding & off-boarding
- Organisation chart
- Assigned rights & approval
- HR Integrations with leading HRIS
- Performance review campaign creation, management, and tracking
- One-to-one meeting templates and management
- Help centre access
- Supported onboarding & video training
- Access to CIPP payroll experts
- Live chat
- Quarterly business review**
- Personal account manager**
- Call back**
Razorpay Pro Plan Features
- Payroll Calculation
- Payslip Generation
- Direct Salary Payment
- One-Time Adjustments
- Salary Advance
- Salary Register
- Expense Management/Reimbursements
- Contractor Payments
- Compliance Calculation (PF, PT, TDS, ESI)
- Compliance Payment & Filing
- Form 16 Generation ITR Filing
- Custom Salary Structures
- Backend Support for Bulk Onboarding for employees
- Bulk Upload for Contractor Payments, One Time Payments, Salary Advances, Additions/Deductions, Employee Dismissals, Custom Salary Structures
- Customizable Reports
- Customizable Roles & Permissions
- API & Webhooks
- Third-party integrations (HRMS, Flexible Benefits, Health Insurance and more)
- Investment Proof Verification
- Flexible Benefits Setup and Payment
- Health Insurance
- Performance Management
- Basic Attendance
- Leaves
- Bulk Attendance Upload
- Biometric Attendance
- Shifts
- Timesheets
- Email Notifications
- Payslips on WhatsApp & Slack
- Reimbursement Claims on WhatsApp & Slack
- Salary Account
- ITR Filing for Employees
- Background Verification
- Email Support
- Chat Support
Payfit vs Razorpay Pro & Cons
| Payfit | Razorpay | |
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