Question 1

What are the different markets in which
        Shopify Pay and
        Razorpay compete against each other?

Accepted Answer

Shopify Pay and
        Razorpay compete against each other in
        the Payments Processing, Banking, Billing And Invoicing, Recurring Billing And Payments.

Question 2

How does the market share of
        Shopify Pay
        and Razorpay compare in the
        Payments Processing market?

Accepted Answer

In the Payments Processing market,
        Shopify Pay has a
        65.74%
        market share in comparison to
        Razorpay’s
        2.56%.
        Since it has a better market share coverage,
        Shopify Pay holds the
        1st
        spot in 6sense's Market Share Ranking Index for
        the Payments Processing category, while
        Razorpay holds the
        5th spot.

Question 3

How many customers are acquired by
        Shopify Pay and
        Razorpay in the
        Payments Processing segment?

Accepted Answer

Shopify Pay has
        481,519 customers and
        Razorpay has
        18,729 customers in the
        Payments Processing
        segment. Shopify Pay has
        462790 more customers than
        Razorpay in this category.

Question 4

What are the countries in which
        Shopify Pay and
        Razorpay has more customers?

Accepted Answer

Shopify Pay has more customers in United States, United Kingdom and Australia.
Razorpay has more customers in India, United States and United Kingdom.

Shopify Pay Vs Razorpay : In-Depth Comparison

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Comparing the customer bases of Shopify Pay and Razorpay

Comparing the market share of Shopify Pay and Razorpay

Compare Shopify Pay vs Razorpay customers by geography

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