What is Paymentsetu used for?

PaymentSetu is an Indian UPI payment verification service that generates dynamic QR codes, confirms payments with webhooks and charges no commission. It is a good fit for small online stores confirming UPI payments automatically, developers adding payment verification to an order flow and collecting payments without gateway commission.

How much does Paymentsetu cost?

Paymentsetu is a paid product with no free plan. 30-day plans: Starter 399 rupees (100 credits), Pro 999 rupees (1,000 credits), Business 1,499 rupees (100,000 credits); one credit per successful payment.

Is Paymentsetu open source?

No. Paymentsetu is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Hyperswitch, Lago and InvoicePlane.

What are some alternatives to Paymentsetu?

Paymentsetu competes with Razorpay, Stripe and PayPal.

Paymentsetu: features, pricing and alternatives

About Paymentsetu

PaymentSetu is explicitly not a payment gateway but a payment verification service for merchants. A customer scans a unique QR code with any UPI app such as Google Pay, PhonePe or Paytm and pays directly into the merchant's bank account. PaymentSetu checks the merchant account, matches the transaction to the QR code and sends a webhook notification with the payment details so the order can be completed. It never holds the money, and the site advertises zero commission.

The tool provides dynamic QR generation for each transaction, webhook integration, a unified dashboard for transactions from multiple sources, real-time notifications and an API with documentation. A notice on the site clarifies that it is not connected with traffic challan or other government payments and that fines must be paid on official government portals.

Pricing is by 30-day plan with credits, where one credit is one successful payment: Starter at 399 rupees for 100 credits, Pro at 999 rupees for 1,000 credits, and Business at 1,499 rupees for 100,000 credits.

Key features

Dynamic UPI QR code per transaction
Automatic payment matching and verification
Webhook notifications with payment details
Unified transaction dashboard
API access with documentation
Payments go directly to your bank account

Good fit for

Small online stores confirming UPI payments automatically
Developers adding payment verification to an order flow
Collecting payments without gateway commission

Tags: upi; payments; india; qr-code; webhooks; payment-verification; api; fintech

Paymentsetu: questions and answers

What is Paymentsetu used for?: PaymentSetu is an Indian UPI payment verification service that generates dynamic QR codes, confirms payments with webhooks and charges no commission. It is a good fit for small online stores confirming UPI payments automatically, developers adding payment verification to an order flow and collecting payments without gateway commission.
How much does Paymentsetu cost?: Paymentsetu is a paid product with no free plan. 30-day plans: Starter 399 rupees (100 credits), Pro 999 rupees (1,000 credits), Business 1,499 rupees (100,000 credits); one credit per successful payment.
Is Paymentsetu open source?: No. Paymentsetu is proprietary (closed-source) software and can't be self-hosted. In the Finance & Accounting category, open-source options include Hyperswitch, Lago and InvoicePlane.
What are some alternatives to Paymentsetu?: Paymentsetu competes with Razorpay, Stripe and PayPal.