Head to head · Invoicing software
Instamojo vs Paytm Payment Links
Pricing, features, India readiness and rating compared. Instamojo rates highest.
Instamojo4.7
Payment links, online store and invoicing for small Indian businesses.
Made in IndiaFree plan
Send invoices and payment links from Paytm for Business.
Made in IndiaFree
| Compare | Instamojo | Paytm Payment Links |
|---|---|---|
| Category | Invoicing software | Invoicing software |
| Vendor | Instamojo | Paytm |
| Headquarters | Bengaluru, Karnataka | Noida, Uttar Pradesh |
| Made in India | Yes | Yes |
| Starting price | Free plan | Free |
| Free plan | Yes | Yes |
| Free trial | Yes | No |
| Published pricing | Yes | Yes |
| Deployment | cloud | cloud |
| Mobile apps | No | No |
| Founded | 2012 | 2010 |
| Best for | Startup, Small business, SMB | Startup, Small business, SMB |
| App Advisor rating | 4.7 / 5 | 4.7 / 5 |
Instamojo: pros & cons
- +Free plan available to evaluate at zero cost
- +Built in India with GST-ready workflows and local support hours
- +14 years in business — a mature, stable product
- +Covers more than one software category, reducing the number of tools you run
- −Feature depth for your specific workflow should still be verified in a demo
Key features
- Branded invoice templates
- Recurring and subscription invoices
- Online payment links and gateways
- Automated payment reminders
- Receivables ageing reports
- Multi-currency invoicing for exports
Paytm Payment Links: pros & cons
- +Completely free to use
- +Built in India with GST-ready workflows and local support hours
- +16 years in business — a mature, stable product
- −Feature depth for your specific workflow should still be verified in a demo
Key features
- Branded invoice templates
- Recurring and subscription invoices
- Online payment links and gateways
- Automated payment reminders
- Receivables ageing reports
- Multi-currency invoicing for exports
Get an instant demo
See Instamojo live, with an App Advisor discount
Frequently asked questions
Which is better, Instamojo or Paytm Payment Links?+
Instamojo scores higher on App Advisor's rating (4.7/5) for pricing transparency, India readiness and maturity. The right choice depends on your workflow — request demos of both.
Is Instamojo cheaper than Paytm Payment Links?+
Instamojo starts at Free plan and Paytm Payment Links at Free. Compare per-user costs at your team size, and remember GST is added on top.
Can I switch from Instamojo to Paytm Payment Links?+
Most invoicing software products import CSV or Excel data; check whether historical records, attachments and integrations move too before you switch.
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