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Square Payroll vs Razorpay: Which Payroll Software Is Better?


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

Last Updated: May 22, 2025

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

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

 

Square Payroll vs Razorpay Reviews

Square PayrollRazorpay
Trustpilot Rating4.22.1
Number of Trustpilot Reviews4049322
iPhone App Rating4.84
Number of iPhone App Reviews512
Android App Rating3.80
Number of Android App Reviews26600

Square Payroll vs Razorpay Pricing

Square PayrollRazorpay
Free Trialn/aYes
Free Trial Lengthn/an/a
Cheapest Plan NamePay Contractors OnlyFree Plan
Cheapest Plan Cost Per Month$n/a$n/a
Mid Priced Plan Namen/an/a
Mid Priced Plan Cost Per Month$n/a$n/a
Top Plan NamePay Employees & ContractorsPro Plan
Top Plan Cost Per Month$41$36.02

Square Payroll vs Razorpay Features

FeaturesSquare PayrollRazorpay
Target Business SizeSmall businessMid 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✔✔

Square Payroll Pay Contractors Only Features

  • We mail all 1099-NEC forms
  • M–F 6 a.m. to 6 p.m. PT support
  • Pay by check, direct deposit, or Cash App
  • Free seasonal inactivity
  • All features included, with no hidden fees
  • No commitment, cancel anytime

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

Square Payroll Pay Employees & Contractors Features

  • No additional fees
  • Full-service payroll
  • Payroll for employees and contractors
  • Automatic payroll tax calculations
  • All tax filings and payments
  • Multistate payroll
  • Live support for account setup
  • Timecards and employee app
  • Track and import tips and commissions
  • We mail W-2s and 1099-NEC forms
  • Pay by check, direct deposit, or Cash App
  • M–F 6 a.m. to 6 p.m. PT support
  • No commitment, cancel anytime
  • Unlimited pay runs per month
  • Free seasonal inactivity

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

Square Payroll vs Razorpay Pro & Cons

Square PayrollRazorpay
Pros
  • Mobile App
  • Self Service
  • User Friendly
  • Payment Notification
  • Intuitive Dashboard
  • Various Payment Methods
  • Export of reports
Cons
  • Not User Friendly
  • Room for Improvement
  • Slow
  • Customer support response time
  • Reduce flat payment gateway charges
  • Add more Wallet and EMI options

Other Payroll Software Comparisons

  • Workday vs Hourly
  • Roll by ADP vs Online Paystub Generator
  • Remote vs Razorpay
  • isolved vs Wrapbook
  • Heartland vs Gloroots
  • Oytser HR vs CloudPay
  • Gusto vs Excelforce
  • Deel vs QuickBooks Payroll
  • ThePayStubs vs CloudPay
  • Excelforce vs Sage

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