name: Instamojo FinOps
description: Financial operations considerations for integrating the Instamojo API, covering transaction fees, GST implications, and cost optimization strategies for Indian businesses.
url: https://www.instamojo.com/pricing/

cost_model:
  type: transaction_based
  description: Instamojo charges per-transaction fees rather than API call fees. Costs scale directly with payment volume processed through the platform.
  currency: INR

transaction_fees:
  standard_gateway:
    rate: "2% + ₹3"
    description: Standard payment gateway transaction fee applied to most payment methods
    gst: "18% on transaction fee"

  corporate_cards:
    rate: "3% + ₹3"
    description: Higher fee applied to corporate card transactions
    gst: "18% on transaction fee"

  free_plans:
    rate: "5% + ₹3"
    description: Higher transaction fee applies to Lite and Basic free plans

fee_calculator:
  url: https://www.instamojo.com/fee-calculator/
  description: Official fee calculator to estimate costs before integration

plan_cost_comparison:
  description: Annual subscription plans reduce per-transaction fees from 5% to 2% for high-volume businesses
  break_even_analysis:
    growth_plan_cost: 14999
    fee_saving_per_transaction: "3% reduction"
    notes:
      - For businesses processing more than ~₹5 lakh/year, upgraded plans may reduce total cost
      - Online Store Growth plan at ₹14,999/year provides 2% + ₹3 rate vs 5% + ₹3 on free tier

optimization_recommendations:
  - Cache authentication tokens to avoid unnecessary token generation calls
  - Use webhooks for payment status updates instead of polling the API to reduce API call volume
  - Evaluate transaction volume before choosing subscription tier to optimize total cost
  - Factor 18% GST into all fee calculations for accurate cost modeling
  - Use the fee calculator at https://www.instamojo.com/fee-calculator/ for pre-integration cost estimates

refunds:
  notes:
    - Refunds can be created via the API using POST /v2/refunds/
    - Refund fee handling should be verified with Instamojo support for current policies

reporting:
  dashboard_url: https://www.instamojo.com/
  description: Transaction reporting and analytics available through the Instamojo merchant dashboard