Creators and users around the world are increasingly hunting for digital platforms that take care of their digital transactions and monetize their skills to grow their business and income. Subsequently, the last couple of years have witnessed a boom of creators and small business owners leveraging online platforms with robust payment gateways to launch and scale their business. As of today, roughly 160 million unique digital payment users are found just in India, which is about 13% of the total population. The pandemic has further boosted the use of digital payments and the pool of creators’ economies. This triggers a question,
“Which is the platform that is best suited for both digital transactions and launching your business?”
In this blog, we’ll take a look at two platforms:
Razorpay: A proficient payment gateway with features like payment links and webhooks, and
Exly: A platform specifically designed for creators and professionals to launch and grow their business online
If Razorpay has a robust payment gateway that is customer-friendly and accounts for a greater transaction number Exly’is a dream platform for creators with pricing that does not pinch your pockets and offers high-utility features.
Selecting a platform that captures leads and manages payment transactions is key to your business. At Exly, we integrate these tools for a perfect user experience.
Let’s dive into the features and help you CHOOSE.
Features:
| FEATURES | EXLY | RAZORPAY |
| OFFERINGS | ||
| Class/Course Scheduling | ✅ | ❌ |
| 1-1 Appointments | ✅ | ❌ |
| Merchandise | ✅ | ✅ |
| Growth MARKETING | ||
| Limited Time Offers | ✅ | ❌ |
| Discount Codes | ✅ | ✅ |
| Brand/Affiliate Partnerships | ✅ | ✅ |
| Marketing Integration Tools | ✅ | ❌ |
| COMMUNICATION | ||
| Automated Drip Campaigns | ✅ | ❌ |
| Messaging via Whatsapp | ✅ | ❌ |
| Email Campaign | ✅ | ✅ |
| PAYMENTS | ||
| Instant KYC | ✅ | ✅ |
| International Payments | ✅ | ❌ |
| ANALYTICS | ||
| Insightful Dashboard | ✅ | ✅ |
| WEBSITE | ||
| Multiple Templates | ✅ | ❌ |
| Ease of use | ✅ | ❌ |
Why should creators make a switch from Razorpay to Exly?
When it comes to hosting and curating paid online sessions, Exly is the go-to platform for creators in 2022. It is a one-stop platform for creators that require zero coding skills and a bunch of customizable website templates to kickstart your online business, to begin with. Furthermore, building a webpage takes as quick as 5 minutes. Additionally, Exly’s platform is more interactive with rich features like
- Analytics Dashboard: Moreover to help you track more than just payments, the dashboard gives you weekly, and monthly metrics on revenue, leads, bookings and sessions. The result- you make smarter business decisions.
- Growth Marketing Suite: An equally important feature is the integration with other tools available in the market such as latest high-utility marketing integration tools to track your revenue and promote your brand.
- Advanced Lead Capturing and Conversion Funnel: To capture leads at different stages of the user journey, analyze lead intent from the start of the funnel and prioritize and plan further steps.
Moreover, creators can also create their own session landing page to share the necessary session details, get RSVPs for the sessions and share it on their social media handles Boom, your brand gets a huge boost.
Unique Features of Exly
- Nurture a highly personalized community: Exly is created especially for the modern-day creator who wants to launch something interactive, personalized, quirky, and yet easy to use!
- Curated Guide: Our curated guide is designed so that you not simply launch a website but get deep insights on how to list, publish and promote your bookings. We are with you at every step of your user journey.
- Manage/Sell everything under one roof: Switching between a webinar platform and a course platform can feel stressful. Besides Exly’s super simple but interactive interface allows you to do both, thereby saving high switching costs.
Exly’s interactive dashboard offers in-depth analysis and provides statistics on payments, invoices, and refunds- all under one roof.
Additionally, it blends Razorpay’s payment dashboard with other high utility features that provide stats to help users in strategic and performance-based decisions.
Exly’s hits are Razorpay’s misses: Take a look
| EXLY | RAZORPAY |
| Schedule payments, classes, courses, appointments, bookings | Schedule only payments |
| Reminders via E-mail, Whatsapp | Reminders via only E-mail |
| Targeted towards small and large business owners and creators of any type | Targeted only towards small, medium and large enterprises |
| Dynamic Pricing allows you to charge different prices to different customer segments in different parts of the world | No Dynamic Pricing |
| Create landing pages for all your business needs | Can only create landing pages for your payments |
| Advanced Lead Capturing Funnel | No Lead Capturing Funnel |
| Content by creators is protected and secure | Razorpay does not use Secure Sockets Layer(SSL) support, and hence, is less secure |
The Conclusion
With Exly, you can also automate all your communications via email campaigns and additionally give Whatsapp reminders; drip campaigns. Firstly, Razorpay is primarily focused on small and large business enterprises while Exly is easily more versatile where creators from all walks of life can get onboarded seamlessly. Secondly, the kind of features that Exly provides in terms of lead capturing and converting are absent in the payments-focused platform.
To conclude, as a user – choosing the right platform to launch your business online is absolutely crucial after you have decided to be a creator or business owner. If you loved reading this blog, you will love our comparison blog on Exly vs Instamojo. Make no mistake, we recommend you give both platforms a try and then decide for yourself!
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