No. 8 of 24 ·Payment Tokenization Software

Razorpay TokenHQ

Web · Android · iPhone · API

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Freedom report

Two barsScore 5.5

Free tierNo free tier on record
Open codeNo open-source code on record
Runs widely3 of 6 device platforms
DocumentedPlans, terms and facts published

Razorpay TokenHQ is ranked #8 of 24 in payment tokenization software on Freedom251. It runs on Android, API, iOS, Web.

Razorpay TokenHQ plans and pricing

All plans

TokenHQ Not published Standard and custom checkout: zero added cost per Razorpay article · S2S saved-card transaction fee mentioned, amount not stated razorpay.com · 4 Oct 2026

Compared on payment tokenization software

Network tokenization: Yes
Payment methods: cards

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The record

Purpose: TokenHQ replaces card numbers with tokens so businesses can offer customers a saved-card payment experience.
Networks and issuers: Razorpay describes TokenHQ as a unified solution connecting businesses with multiple card networks and issuers.
Razorpay's role: Razorpay says it acts as a Token Requestor connecting businesses to card networks and/or issuing banks, or as a connecting layer when the business is itself a Token Requestor.
Checkout availability: TokenHQ is auto-enabled without integration for Standard Checkout businesses; Custom Checkout businesses can request it on demand.
S2S integration: API-integrated or server-to-server checkout may require 0–3 weeks of integration effort, depending on existing integrations and API count.
Cross-gateway use: Razorpay says tokens can be used to process payments through other payment gateways.
Dashboard: The dashboard supports tracking and controlling token requests and creating custom reports.
APIs: Razorpay describes TokenHQ APIs as developer-friendly and scalable for high traffic volumes.
Security: Razorpay says tokenisation substitutes a card number with a token and that the token-to-card relationship is held in a vault owned by a card network or issuing bank.
Consent and authentication: Razorpay's page says customer consent and an additional factor of authentication are required to save a card or create a token.
Merchant data limit: Razorpay says merchants may continue storing the card's last four digits and issuer name for tracking or analytics.
Payment networks: Razorpay's launch announcement says TokenHQ works across Mastercard, RuPay, and Visa.
Support: The TokenHQ page offers a free consultation with Razorpay experts and a request-meeting option.
Who it is for: Razorpay presents TokenHQ for businesses and merchants seeking to keep offering saved-card checkout, including those using other payment gateways.

Where it ranks on Freedom251

Best Payment Tokenization Software in 2026#8 of 24

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Sources

razorpay.com/card-tokenisation/· checked 4 Oct 2026
razorpay.com/newsroom/razorpay-launches-tokenhq-indi· checked 4 Oct 2026
razorpay.com/about/· checked 4 Oct 2026
razorpay.com/blog/· checked 4 Oct 2026