FyPayrun vs RazorpayX Payroll
RazorpayX Payroll is banking-first — they're a bank that ships payroll. FyPayrun is a focused payroll studio + FyBoard People is a full HRMS (recruitment, attendance, performance, training, compliance) — both bank-agnostic and built for the work, not for the disbursement.
Two doors. Same problem.
RazorpayX is great for banking; it's not a real HRMS. FyPayrun + FyBoard People is the records-first stack that covers payroll AND the rest of HR without a banking commitment. The full breakdown is in the sections below.
FyPayrun
Payroll without the spreadsheet hangover.
- Pricing
- Payrun Free local basics · Payrun Cloud Pro ₹999/mo · People ₹4/emp Starter · ₹8/emp Growth
- Free tier
- Free local payroll basics without banking dependency; Cloud Pro and People still start below RazorpayX's paid plan floor.
- Where it shines
- Browser-first, no signup, honest cloud labelling
RazorpayX Payroll
RazorpayX Payroll is banking-first — they're a bank that ships payroll. FyPayrun is a focused payroll studio + FyBoard People is a full HRMS (recruitment, attendance, performance, training, compliance) — both bank-agnostic and built for the work, not for the disbursement.
- Pricing
- Prime ₹2,499/mo ≤20 emp · Elite ₹5,499/mo for 50 · +₹150/additional emp
- Free tier
- Varies by tool — most have caps.
- Where it shines
- One-click salary disbursement if you bank with RazorpayX — meaningful for early-stage Indian startups
The case for switching.
The places we've leaned harder than RazorpayX Payroll. Each is something a daily user feels the friction of in the alternative.
Bank-agnostic — FyPayrun emits NEFT/RTGS files every Indian bank reads; no business account migration to a specific bank
FyBoard People is a complete HRMS with 7 capability tracks (Attendance, Leave, Recruitment, Performance, Compliance, Training, Payroll cycles) — RazorpayX has no equivalent HRMS layer
Local payroll basics are free; FyPayrun Cloud Pro + FyBoard People at ₹4/emp Starter stays below RazorpayX's paid plan floor even before banking lock-in
Records-first audit trail across employees, leaves, payslips, approvals — RazorpayX logs banking actions, not HR records
Multi-jurisdiction by design in People; RazorpayX is India-only by virtue of being a bank
The honest column.
Places RazorpayX Payroll is genuinely stronger. Picking the right tool for the job sometimes means picking the other one — and we'd rather tell you that up front than waste your time.
One-click salary disbursement if you bank with RazorpayX — meaningful for early-stage Indian startups
Integrated reimbursements + corporate cards tied to the RazorpayX account
Automated statutory payment (TDS, PF, PT, ESI) when banking is connected — pays AND files
Strong brand recognition in the Indian startup ecosystem; many YC India / accelerator alumni already use RazorpayX
We'd rather you pick the right tool than the most-marketed one. If anything in this column outweighs the §02 list for your workflow, stay with RazorpayX Payroll — and we'll see you for the next job.
Feature ledger.
The same questions, asked of both. FyPayrun on the left; RazorpayX Payroll on the right. Sourced from publicly visible pricing, marketing, and product docs.
| Question | FyPayrun | RazorpayX Payroll |
|---|---|---|
| Free-tier scope | Local calculators + single-stub payslip. | Paid plans start at Prime. |
| Paid plan floor | ₹999/mo Cloud Pro · ₹4/emp Starter (full HRMS). | ₹2,499/mo for Prime. |
| HRMS scope | 7 tracks + 15 ops areas in People. | Payroll + expense; no HRMS layer. |
| Bank dependency | Bank-agnostic file output. | Tied to RazorpayX business account. |
| Multi-jurisdiction | Native across countries. | India-only (bank-bound). |
| Salary disbursement | Your bank executes the batch. | One-click via RazorpayX. |
Free-tier scope
- FyPayrun
- Local calculators + single-stub payslip.
- RazorpayX Payroll
- Paid plans start at Prime.
Paid plan floor
- FyPayrun
- ₹999/mo Cloud Pro · ₹4/emp Starter (full HRMS).
- RazorpayX Payroll
- ₹2,499/mo for Prime.
HRMS scope
- FyPayrun
- 7 tracks + 15 ops areas in People.
- RazorpayX Payroll
- Payroll + expense; no HRMS layer.
Bank dependency
- FyPayrun
- Bank-agnostic file output.
- RazorpayX Payroll
- Tied to RazorpayX business account.
Multi-jurisdiction
- FyPayrun
- Native across countries.
- RazorpayX Payroll
- India-only (bank-bound).
Salary disbursement
- FyPayrun
- Your bank executes the batch.
- RazorpayX Payroll
- One-click via RazorpayX.
Two scenarios, two answers.
Different jobs deserve different tools. Here's the honest read on when FyPayrun fits the workflow, and when RazorpayX Payroll is the right call instead.
When FyPayrun is the right call.
Pick FyPayrun + FyBoard People if you want a real HRMS (not just payroll), bank with someone other than RazorpayX, or operate across more than one country.
When RazorpayX Payroll is the right call.
Pick RazorpayX Payroll if you're an early-stage Indian startup that already banks with RazorpayX, value automated statutory payment, and don't need an HRMS yet.
FyPayrun vs RazorpayX Payroll, in plain answers.
The questions that come up most often when people compare FyPayrun and RazorpayX Payroll. Short answers, no marketing speak.
- Q
Does FyBoard People do what RazorpayX doesn't — attendance, leave, recruitment, performance?
AYes. RazorpayX Payroll is banking + payroll only — they have no equivalent of attendance management, leave policies, recruitment ATS, performance reviews, OKRs, training, or compliance documentation. FyBoard People ships all of those at ₹4/emp Starter, while FyPayrun keeps local payroll basics free and cloud disbursement/export work on Cloud Pro.
- Q
Why would I migrate off RazorpayX Payroll?
AThree reasons people cite: (1) single-vendor lock-in for banking + payroll + future HR; (2) paid plans that start at a fixed monthly floor and charge extra above the plan employee band; (3) needing real HR features (attendance, leave, performance) that RazorpayX doesn't ship.
- Q
Can FyPayrun auto-file TDS and PF returns like RazorpayX?
AFyPayrun generates the filing-ready formats (Form 24Q for TDS, ECR .txt for PF, ESIC challan); you file them through TRACES/EPFO. RazorpayX can auto-pay AND file because they're the bank and the payroll software. The trade-off is single-vendor convenience vs bank-agnostic flexibility.
Ready to switch from RazorpayX Payroll?
No signup, no install, no commitment. Open FyPayrun and try the tools you use most — most of your existing files import without conversion.
Reviewed against publicly available info on RazorpayX Payroll as of launch. We'll keep this current.