Both Wave and Razorpay are leading payroll software solutions, but which one is better for you and your business?
Below we compare Wave and Razorpay across nearly 50 different data points to help you make find the right one.
Wave vs Razorpay Reviews
 |  |
| Wave | Razorpay | ||
| Trustpilot Rating | 1.6 | 2.1 | |
| Number of Trustpilot Reviews | 126 | 322 | |
| iPhone App Rating | 4.5 | 4 | |
| Number of iPhone App Reviews | 5700 | 12 | |
| Android App Rating | 3.7 | 0 | |
| Number of Android App Reviews | 22900 | 0 |
Wave vs Razorpay Pricing
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| Wave | Razorpay | |
| Free Trial | Yes | Yes |
| Free Trial Length | 1 month | n/a |
| Cheapest Plan Name | Self service states | Free Plan |
| Cheapest Plan Cost Per Month | $n/a | $n/a |
| Mid Priced Plan Name | n/a | n/a |
| Mid Priced Plan Cost Per Month | $n/a | $n/a |
| Top Plan Name | Tax service states | Pro Plan |
| Top Plan Cost Per Month | $40 | $36.02 |
Wave vs Razorpay Features
|  |
| Features | Wave | Razorpay |
| Target Business Size | Small 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 | ✘ | ✔ |
Wave Self service states Features
- Wave makes filing your own payroll taxes easy
- 36 states are self-serve, which means you’ll have to pay and file the paperwork yourself. Wave makes it easy by showing you what information and how much money you’ll need per payroll.
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
Wave Tax service states Features
- Wave handles your payroll taxes
- 14 states include tax services with the option to automatically transfer tax payments and file the paperwork with your state tax office and the IRS (this excludes 1099 Filings).
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
Wave vs Razorpay Pro & Cons
| Wave | Razorpay | |
| Pros |
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