Question 1

How do I collect payments with SMEPay?

Accepted Answer

Sign up, generate UPI links or QR codes, and share them with customers.

Question 2

Are there any hidden fees?

Accepted Answer

No! We offer zero transaction fees with Rs3/link.

Question 3

What type of payments can be accepted through SMEPay?

Accepted Answer

SMEPay QR allows payments from all UPI-enabled apps and bank accounts, including Paytm, Google Pay, PhonePe, BHIM, and others.

Question 4

What is the difference between the Basic Plan QR Link and the Pro Plan QR Link?

Accepted Answer

The Basic Plan QR Link provides a simple QR code for accepting payments directly to your existing UPI ID (VPA). The Pro Plan QR Link offers advanced features such as deep link payments on mobile, automatic payment status tracking, and API integration for collecting payments from your website. A KYC-verified merchant account is required for the Pro Plan.

Question 5

Does SMEPay provide a payment gateway service?

Accepted Answer

No, SMEPay provides only Dynamic QR code service.

Question 6

What is SMEPay?

Accepted Answer

SMEPay is a UPI-based payment gateway and financial platform for Indian SMEs. It allows businesses to collect payments, generate GST-compliant invoices, and manage cash flow. SMEPay charges a flat ₹3 platform fee per successful transaction, making it cost-effective for growing businesses.

Question 7

Is SMEPay a payment gateway?

Accepted Answer

Yes, SMEPay is a UPI-based payment gateway specifically built for small and medium businesses. Unlike traditional gateways, SMEPay offers simple pricing and built-in tools like invoicing, vendor payments, and cash flow insights.

Question 8

How does SMEPay pricing compare to Razorpay and others?

Accepted Answer

SMEPay charges a flat ₹3 per successful UPI transaction. Razorpay, Cashfree, and others typically charge 0.9% to 2% per transaction. For businesses with many small payments, SMEPay can be more cost-effective than percentage-based models.

Question 9

What are the differences between SMEPay, Razorpay, Cashfree, Instamojo, and Paytm?

Accepted Answer

SMEPay is a UPI-based gateway with a flat ₹3 fee and built-in tools for SMEs like invoicing and cash flow tracking. Razorpay is a developer-focused gateway with support for multiple payment modes and APIs. Cashfree offers fast settlements and payouts. Instamojo focuses on digital product sellers and D2C brands. Paytm provides a wide wallet-based ecosystem and POS hardware. SMEPay is ideal for service-based or invoice-heavy businesses looking for predictable pricing and GST compliance.

Question 10

Who should use SMEPay?

Accepted Answer

SMEPay is best for small and medium businesses in India that need an easy-to-use platform to collect payments via UPI, send GST invoices, and track cash flow. It suits service providers, freelancers, traders, and growing startups.

Question 11

Does SMEPay support GST billing?

Accepted Answer

Yes, SMEPay supports GST-compliant billing, including HSN/SAC codes, auto GST calculations (CGST, SGST, IGST), and exportable reports for easy return filing.

Question 12

How do I get started with SMEPay?

Accepted Answer

You can sign up on SMEPay’s website in under 2 minutes using your business and PAN details. No paperwork is required to start collecting payments and generating invoices.

Feature	SMEPay	Cashfree
Focus	UPI-first	Payment infra (broad)
Checkout	Direct UPI intent	Hosted / hybrid
API Simplicity	High	Moderate
Optimization	UPI-specific	Multi-mode
Setup	Fast	Medium

SMEPay vs Cashfree: Which is Better for UPI Payments?

Comparison Overview

SMEPay UPI Experience

Cashfree UPI Experience

SMEPay Developer Experience

Cashfree Developer Experience

Use Case Fit

Choose SMEPay if:

Choose Cashfree if:

Final Verdict

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