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Razorpay vs Xero Payroll: Which Payroll Software Is Better?


Disclosure: We may earn commissions if you shop through the links below.

Last Updated: May 22, 2025

Both Razorpay and Xero Payroll are leading payroll software solutions, but which one is better for you and your business?

Below we compare Razorpay and Xero Payroll across nearly 50 different data points to help you make find the right one.

 

Razorpay vs Xero Payroll Reviews

RazorpayXero Payroll
Trustpilot Rating2.14.3
Number of Trustpilot Reviews3225747
iPhone App Rating44.7
Number of iPhone App Reviews1226300
Android App Rating04.3
Number of Android App Reviews07410

Razorpay vs Xero Payroll Pricing

RazorpayXero Payroll
Free TrialYesYes
Free Trial Lengthn/a1 month
Cheapest Plan NameFree PlanEarly
Cheapest Plan Cost Per Month$n/a$9.25
Mid Priced Plan Namen/aGrowing
Mid Priced Plan Cost Per Month$n/a$9.25
Top Plan NamePro PlanEstablished
Top Plan Cost Per Month$36.02$17.5

Razorpay vs Xero Payroll Features

FeaturesRazorpayXero Payroll
Target Business SizeMid size businessSmall 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✔✔

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

Xero Payroll Early Features

  • Send quotes and 20 invoices†
  • Enter 5 bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot
  • Payroll with Gusto (Optional)

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

Xero Payroll Established Features

  • Send invoices and quotes
  • Enter bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot
  • Bulk reconcile transactions
  • Use multiple currencies
  • Track projects
  • Claim expenses
  • Analytics Plus
  • Payroll with Gusto (Optional)

Razorpay vs Xero Payroll Pro & Cons

RazorpayXero Payroll
Pros
  • Payment Notification
  • Intuitive Dashboard
  • Various Payment Methods
  • Export of reports
  • User Friendly
  • User Interface
  • Integrations
  • Saves Time
  • Management
Cons
  • Customer support response time
  • Reduce flat payment gateway charges
  • Add more Wallet and EMI options
  • Expensive
  • Not User Friendly
  • Expense Report Issues
  • Technical Issues
  • Room for Improvement

Other Payroll Software Comparisons

  • Ready Pay by HR3 vs Proliant
  • Paylocity vs Workday
  • Multiplier vs ThePayStubs
  • SumoPayroll vs BambooHR
  • Paylocity vs Wrapbook
  • Paymate vs Darwinbox
  • Roll by ADP vs Wave
  • PrimePay vs Sage
  • Toast vs UKG
  • Fingercheck vs Hourly

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