Honest review of Instamojo Payment Gateway

Instamojo Payment Gateway

In the fast-paced world of digital payments, selecting the right payment gateway is essential for businesses aiming to provide seamless and secure transaction experiences. Instamojo, a leading Indian payment gateway, has carved a niche for itself with its innovative features and user-friendly interface. But is it the right payment solution for your business? This comprehensive review will delve into the features, benefits, drawbacks, and overall performance of Instamojo Payment Gateway to help you make an informed decision.

Overview of Instamojo Payment Gateway

Instamojo, founded in 2012, has quickly become a favorite among Indian small and medium-sized enterprises (SMEs) due to its ease of use and comprehensive suite of features. It facilitates digital payments through various methods including credit/debit cards, net banking, UPI, and digital wallets. Let’s explore what makes Instamojo stand out.

Key Features of Instamojo Payment Gateway

  • Multiple Payment Options: Supports credit/debit cards, net banking, UPI, wallets, and EMI.
  • Quick Setup: Easy onboarding process without the need for extensive documentation.
  • Security: Advanced security protocols including PCI-DSS compliance and 128-bit SSL encryption.
  • Smart Links: Allows businesses to create payment links and share them via SMS, email, or social media.
  • User-Friendly Dashboard: Comprehensive dashboard for managing transactions and generating reports.

Ease of Integration

Website Integration

Instamojo provides a seamless integration process for websites. With detailed documentation and user-friendly APIs, businesses can quickly integrate the payment gateway into their e-commerce platforms. The process involves:

  • Registering for an Instamojo account.
  • Generating API keys from the Instamojo dashboard.
  • Following the integration guides for various platforms like WordPress, Shopify, and custom websites.

Mobile App Integration

Instamojo offers SDKs for both Android and iOS, making it easy for developers to integrate the payment gateway into mobile applications. The integration steps include:

  • Adding the Instamojo SDK to the mobile app.
  • Configuring the necessary parameters.
  • Thoroughly testing the integration before deployment.

Security Features

Security is a critical concern for online transactions, and Instamojo takes it seriously. Key security features include:

  • PCI-DSS Compliance: Adheres to the Payment Card Industry Data Security Standard, ensuring the highest level of security.
  • 128-bit SSL Encryption: Protects transaction data during transmission.
  • Fraud Detection: Utilizes advanced algorithms to detect and prevent fraudulent transactions.
  • Two-Factor Authentication (2FA): Adds an additional layer of security for account access.

Transaction Fees and Charges

Instamojo offers a transparent and competitive fee structure, making it an attractive option for SMEs. The fee details are as follows:

  • Credit/Debit Card Transactions: Typically, a fee of 2% + ₹3 per transaction.
  • Net Banking Transactions: Similar fee structure to card transactions.
  • UPI Transactions: Usually lower fees compared to other methods.
  • Digital Wallets: Fees may vary depending on the wallet provider.
  • EMI Transactions: Higher fees due to additional processing by the banks.

Businesses should carefully consider these fees to understand their impact on profitability.

User Experience

Review Of Instamojo Payment Gateway

Merchant Experience

Instamojo provides merchants with a comprehensive dashboard that simplifies transaction management, report generation, and customer interaction. Key features include:

  • Real-Time Transaction Monitoring: Track transactions as they happen.
  • Detailed Analytics: Gain insights into sales patterns and customer behavior.
  • Customer Support: Access to 24/7 support via chat, email, and phone.

Customer Experience

Customers using Instamojo benefit from a smooth and secure payment process. Highlights include:

  • Quick Payments: Fast processing times reduce checkout friction.
  • Multiple Payment Methods: Flexibility to choose preferred payment methods.
  • Instant Notifications: Real-time alerts for successful transactions.

Customer Support and Reliability

Instamojo is known for its reliable customer support. Merchants can reach out through various channels, including:

  • Email Support: For detailed inquiries and technical issues.
  • Phone Support: For urgent assistance.
  • Help Center: An extensive online resource with FAQs and troubleshooting guides.

Instamojo’s reliability is underscored by its minimal downtime and efficient processing, making it a trusted partner for businesses.

Advantages of Using Instamojo Payment Gateway

Wide Range of Payment Options

Instamojo supports a diverse array of payment methods, catering to different customer preferences and enhancing the chances of successful transactions.

Ease of Use

The user-friendly interface and straightforward setup process make Instamojo accessible to businesses with limited technical expertise.

Smart Links

Instamojo’s Smart Links feature allows businesses to create and share payment links, simplifying the payment collection process, especially for service-based businesses and freelancers.

Advanced Security Measures

With PCI-DSS compliance, SSL encryption, and robust fraud detection mechanisms, Instamojo ensures the safety of transactions.

Drawbacks of Using Instamojo Payment Gateway

Higher Fees for Certain Transactions

While Instamojo’s fees are competitive, the charges for EMI transactions and some digital wallets can be higher, affecting the overall cost for businesses.

Limited International Reach

Instamojo primarily focuses on the Indian market, which can be a limitation for businesses looking to expand internationally.

Dependence on Internet Connectivity

As with all digital payment platforms, Instamojo’s functionality is dependent on stable internet connectivity, which can be a challenge in areas with poor infrastructure.

Comparing Instamojo with Other Payment Gateways

Instamojo vs. Razorpay

  • User Base: Both have a strong presence in India, but Razorpay offers more advanced features like recurring payments and international payment support.
  • Fees: Instamojo’s fees are generally simpler and more transparent, while Razorpay may offer customized pricing for larger businesses.
  • Integration: Both platforms provide easy integration, but Razorpay has a broader range of plugins and developer tools.

Instamojo vs. PayU

  • Security: Both gateways are PCI-DSS compliant, but PayU offers additional security features like dynamic 3D secure.
  • Features: PayU provides more extensive features for large enterprises, while Instamojo is more focused on SMEs.
  • Customer Support: Instamojo is praised for its responsive support, while PayU has a mixed reputation in this area.

Use Cases and Industry Applications


E-commerce businesses can leverage Instamojo’s payment gateway to offer a seamless checkout experience. The multiple payment options and easy integration make it an ideal choice for online retailers.

Freelancers and Service Providers

Freelancers and service providers benefit from Instamojo’s Smart Links, which allow easy payment collection without the need for a full-fledged website.

Educational Institutions

Educational institutions can use Instamojo to collect fees and payments for various services, offering a convenient and secure payment method for students and parents.

Event Management

Event organizers can use Instamojo to sell tickets and collect payments, providing attendees with multiple payment options and ensuring smooth transactions.

Future Prospects and Developments

Expansion of Services

Instamojo continues to innovate and expand its services. Future developments may include enhanced analytics, personalized payment solutions, and expanded international support.

Integration with Emerging Technologies

With the rise of digital currencies and blockchain technology, Instamojo may explore integrating these emerging technologies to offer more advanced payment solutions.

Focus on SMEs

Instamojo’s commitment to supporting SMEs will likely lead to the introduction of more tailored features and services designed to meet the unique needs of small businesses.


What is the transaction fee for using Instamojo Payment Gateway?

Instamojo typically charges 2% + ₹3 per transaction for credit/debit cards and net banking, with lower fees for UPI transactions. Fees for digital wallets and EMI transactions may vary.

How secure is Instamojo Payment Gateway?

Instamojo employs advanced security measures including PCI-DSS compliance, 128-bit SSL encryption, and robust fraud detection mechanisms to ensure transaction safety.

Can I integrate Instamojo Payment Gateway with my mobile app?

Yes, Instamojo provides SDKs for both Android and iOS platforms, allowing seamless integration with mobile applications.

Does Instamojo support international transactions?

Currently, Instamojo primarily focuses on the Indian market, with limited international transaction support.

What types of businesses can benefit from Instamojo Payment Gateway?

Instamojo is ideal for e-commerce businesses, freelancers, service providers, educational institutions, and event organizers.

How can I get customer support from Instamojo?

Instamojo offers customer support through email, phone, and an extensive online help center with FAQs and troubleshooting guides.


Instamojo Payment Gateway stands out as a reliable, secure, and user-friendly solution for businesses looking to streamline their payment processes. Its wide range of payment options, ease of integration, and robust security features make it an excellent choice for Indian SMEs. However, higher fees for certain transactions and limited international reach are factors to consider. Overall, Instamojo offers a compelling package for businesses aiming to enhance their payment solutions and provide a seamless experience for their customers.

Show Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

13 − three =