If you are running a startup or just a small company, it could be quite difficult to choose a Payment Gateway for your eCommerce store. Therefore our eCommerce experts at Sopkr Technology have made a list to identify the top 15 Best Payment gateways in India. So here is a list of the best online payment gateways curated by our team based on their experience.
List of Payment Gateways in India (Randomly Placed):
Here is our curated online payment gateway list.
1. Cashfree payment gateway
Cashfree provides the widest range of payment options: cards (Visa, Mastercard, Maestro, Rupay, Amex), 75+ Netbanking options, Paytm and 6 popular mobile wallets like Airtel, Mobikwik, Freecharge, along with the widest range of PayLater and cardless EMI options such as ZestMoney, OlaMoney postpaid etc.
It also supports UPI, NEFT, IMPS and Paypal. Payment gateway charges are just 1.75% per transaction [Lowest TDR charges in India]. Cashfree also has the fastest settlement cycle of 24 hours to 48 hours.
TOP CASHFREE PAYMENT GATEWAY OFFERS LOWEST TDR IN INDIA
Cashfree offers popup, redirect, iframe, and seamless checkout modes as per your site design and is easy to integrate with its detailed developer’s payment gateway integration documentation,Type of Payment Gateway: Integrated Payment Gateway
Cashfree Payment Gateway Charges in India
Initial Setup Fees: ZERO
Annual Maintenance Charges: ZERO
Minimum Annual Business Requirement: ZERO
Applicable Fee per Transaction:
Credit & Debit cards on Visa, Mastercard, Maestro, RuPay, 75+ net banking: Flat fee @ 1.75% + Rs 0 per transaction
Wallets: Paytm, Airtel money, Freecharge, Mobikwik, Ola Money, Jiomoney: Flat fee @ 1.75% + Rs 0 per transaction
UPI: Flat fee @ 1.75% + Rs 0 per transaction
International Credit Cards on Visa, Mastercard, and American Express: Flat fee @ 3.5% + Rs 7 per transaction
Taxes extra as applicable from time to time
Domestic Cards and Internet Banking Options: Visa, Mastercard, Maestro, RuPay, and 75+ net banking
International Payment / Credit Card Support: Supported by Visa, Mastercard and American Express. Option to connect your Paypal account with Cashfree and offer Paypal as a checkout option. Start accepting international payments from day one.
Pay Later and EMI Options: Pay Later (Ola Money Postpaid, Lazy Pay, and ePayLater)
EMI — Flexmoney, Zestmoney and multiple bank EMI options
Recurring Billing Support or Subscription management — Collect payments for subscriptions via links or API. Customize subscription plans.
Multi-Currency Support: 32+ foreign currencies supported. Other currencies are also configurable on request.
Settlement days: 24 hours sell today and get paid tomorrow.
Customer Support: Dedicated Account Manager is assigned to each account who stays as a single point of contact. Live chat support Mon-Saturday.
Documentation Required: Completely online process. Need only scanned copy of the cancelled cheque, PAN Card and address proof.
No of Days to Start a Transaction: Go live within 24 hours of sign up. One of the few platforms that provide International payments activation from the first day itself.
Supported eCommerce CMS System: Ready to use integrations for Shopify India, Magento, OpenCart, WooCommerce India, Prestashop and Storehippo.
Mobile App Integration: Available for both Android and iOS.
Account activation: Go live within 24 hours of sign up. One of the few platforms that provide International payments activation from the first day itself. Start with easy to follow integration kits.
Smart Analytics: Live transaction report, compare monthly collections and mode of payments, daily reporting of the settled & unsettled transactions
Cashfree Payment Gateway Contact Details: Call on (+91)080-47091893. Contact sales: https://www.cashfree.com/contact-sales
2 PayU Payment Gateway Service:
PayU (formerly known as PayU Money) is one of the best payment gateways to accept online payments with minimal development effort, easy sign-up, and quick onboarding process. You can start accepting payments securely and seamlessly within your iOS, Android or Windows app, within minutes, with our 100% online hassle-free onboarding process.
- Their Charges are:
- Annual maintenance Charge: Zero.
- Transaction Fee per Transaction: 2% + GST for each transaction. For American Express & Diners Cards, transaction fees = 3% + GST for international transactions & EMI payment options, there is a set-up fee that needs to be paid along with Annual Maintenance Charges (AMC). Also, the transaction rates are 3% + ₹6 for every transaction..
- Key Features of PayUMoney are
- International Payment / Credit card Support: Supported
- Domestic Credit cards supported: Visa/Mastercard/Diners/Amex credit Cards
- Multi-Currency Support: Yes
- Withdrawal Fees: Zero
- Settlement days: T+2 days
- Customer Support: Customer support always seems to be busy.
- Documentation required: Extensive list of documents.
- No of Days to start a transaction: 5-7 days
- Supported eCommerce CMS Systems: All major CMS supported
- Mobile App Integration: Android, Windows and iOS.
- PayU Payment Gateway India Contact Details: Call 0124-6624801; email contact@payu.in
3 Razorpay Payment Gateway
Razorpay is the only payments solution in India which allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, net banking, UPI and popular wallets including JioMoney, Mobikwik, PayUmoney, Airtel Money, FreeCharge, Ola Money and PayZapp.
Razorpay provides the highest level of tech integration with reasonable price:
- Razorpay Payment Gateway service charges are:
- Annual maintenance Charge: ZERO
- Transaction Fee per Transaction: simple and transparent pricing plan which has no hidden fees: 2% per successful transaction; +1% for International cards, EMI and Amex; No setup fees; No Annual maintenance charges; GST applicable of 18% on the transaction fee.
- Razorpay Payment Gateway India Contact Details: support@razorpay.com
4 PayPal Payment Gateway Service:
PayPal is a Global payment platform available in 200+ countries across the world. PayPal claims to have processed 4 billion payments (including 1 billion mobile) in 2014. Over 173 million customers use Paypal on a regular basis.
That is the reason if you are expecting orders from international consumers, you have to have PayPal integrated on your eCommerce Store. PayPal supports more than 100 currencies with fund withdrawal facility in your bank accounts in 57 currencies and holds balances in their PayPal accounts in 26 currencies.
In India, merchants primarily use PayPal to receive funds from foreign customers only as due to banking regulations an Indian company cannot accept Indian credit cards via Paypal.PayPal Payment gateway Service charges are:
Annual maintenance Charge: Free, Zero maintenance charges.
Transaction Fee per Transaction: 4.4% + US$0.30 + Currency conversions charges
Key Features of PayPal Payment gateway service are:
International Payment / Credit card Support: PayPal can be used by an Indian merchant only for receiving international payments only. PayPal does not support or recognize Indian currency, therefore you need to choose an international currency as the base currency. What it means is that if somebody pays you in say Australian dollar through PayPal on your eCommerce store, PayPal will first convert that to US$ (with currency conversion charges). Therefore when you withdraw money from PayPal you will again pay currency conversion charges for conversion to Indian Rupee at your bank in India.
Multi-Currency Support: Paypal support over 100 currency globally and as a paypal merchant you can keep your earnings in 57 currencies!
Withdrawal Fees: There are no withdrawal fees on PayPal. However, as you will be receiving money on a regular basis from PayPal (Through their Banker-CitiBank) you need to obtain proof of foreign inward remittances in the form of a certificate called “Foreign Inward Remittance Certificate or FIRC”. FIRC is a document that acts as a testimonial for all the inward remittances entering India. Most of the statutory authorities accept this document as proof that an individual or a business, such as a limited company, partnership firm, sole proprietorship firm and others, has received payment in foreign currency from outside the country.
Settlement days: All payments received in your PayPal account will be auto-withdrawn to your local bank account on a daily basis.
Customer Support: PayPal has a great customer support system.
5 PayKun Payment Gateway
PayKun is a payment gateway service provider that enables a safe and secure transaction between buyer and seller. There are numerous happy merchants registered and live today who have developed their business with the help of PayKun.
Any large, small, individual, trust, NGO, eCommerce, etc can easily register on PayKun and use the payment gateway for receiving online payments. The customers will get multiple payment options to make a payment on the PayKun checkout.
KEY FEATURES OF PAYKUN PAYMENT GATEWAY ARE:
- Setup cost: Zero
- Annual Maintenance Charges: Zero. No hidden charges
- Transaction Fee per Transaction:
- Domestic: Flat 1.75% taxes as applicable
- Key Features of Paykun Payment gateway services:
- Paperless, easy & fast on-boarding process
- Easy & free integration with your website/application for all major platform
- Compliant with the Payment Card Industry Data Security Standard (PCI DSS) v3.2.1 Level 1.
- Payment retry option
- Payment link option for single & multiple customers
- Master payment link option (Customer can fill their amount and initiate transaction without any integration)
- Single click easy refund to the Customers (Partial refund option available)
- Website/Application not mandatory (individual can receive online payment by creating payment link)
- Powerful dashboard (Easy and User-friendly UI)
- Personal dedicated assistance
- Mobile Optimised design, Widest Payment choices including all wallets and UPI, Advanced UPI – Scan and Pay, Subscription Payments, Withdrawal gateway and more
- Offers 120+ payment options with simple and lowest pricing.
- Paykun Best Payment Gateway India Contact Details: 1800-212-8070 (Mon to Fri – 10:00 am to 18:00 pm IST)
6 CCAvenue Payment Gateway:
CCAvenue is one of the largest payment gateway India, offering a wide range of payment options. It offers 200+ payment options inclusive of 6 credit cards such as Amex, JCB, Diners Club, Mastercard, Visa and eZeClick. It also supports 27 major currency, thus enabling you to serve customers in some major global markets out of India. CCAvenue also allows Multilingual payment page in 18 major Indian and international languages.
- CCAvenue Payment gateway Service charges are:
- Initial Setup Fee: Zero, yes Zero
- Annual maintenance Charge for a Startup account: Rs 1200
- Transaction Fee per Transaction: Variable fee below
- Domestic Credit & Debit cards on Visa, Mastercard, Maestro RuPay: Flat fee @ 2%
- Wallets: Freecharge, Mobikwik, OlaMoney, Jiomoney, Paytm, PayZapp, Jana Cash, SBI Buddy, The
- Mobile Wallet: Flat fee @ 2%
- IMPS & UPI: Flat fee @ 2%
- International Credit Cards on Visa, Mastercard, American Express, JCB and Diners Club: Flat fee @ 3%
- Taxes extra as applicable from time to time
- Types of Credit Card Accepted: 6 credit cards such as Amex, JCB, Diners Club, Mastercard, Visa and eZeClick are accepted.
- Supported eCommerce CMS System: CCAvenue has developed API’s for most of the shopping carts such as Buildabazaar, Cubecart, Drupal, Interspire, Joomla, Magento, Magento Go, Martjack, Moodle, NopCommerce, Opencart, OsCommerce, PrestaShop, VirtueMart, WHMCS, WordPress, ZenCart.
- Mobile App Payment Gateway Integration: Android, iOS and Windows.
- CCAvenues Payment Gateway India Contact Details
7 Atom Paynetz Payment Gateway service:
Atom is promoted by FT Group and it is an innovative Payment Service Provider with over 100 payment options, 15 million + transactions, 4500+ strong merchants across the country.
- Atom Paynetz Payment Gateway Service charge are:
- Annual maintenance Charge: Generally waived off for first year, however second year onwards you have to pay Rs 2400.
- Transaction Fee per Transaction:
- Credit Cards: 2.1%
- Debit cards: for transactions less then Rs 2000 it is 0.75%
- Debit cards: for transactions more then Rs 2000 it is 1%
- Key Features of Atom Paynetz payment gateway are:
- International Payment / Credit card Support: Not supported
- Domestic Credit Cards supported: Visa, Master, AMEX, Diners, JCB, Discover
- Multi-Currency Support: Not Supported
- Withdrawal Fees: Zero
- Settlement days: in T+2 days
- Customer Support: The Telephone number and chat facility on their website do not work so go to Contact us page and use the numbers to connect with Atom Paynetz Payment Gateway service sales team.
- Documentation required: New merchant accounts need to provide Business Registration documents mostly and a PO.
- No of Days to start a transaction: Within 5-6 days, provided all documents are provided as and when asked for.
- Supported eCommerce CMS Systems: All major CMS supported such as Magento, WooCommerce, Prestashop.
- Mobile App Payment Gateway Integration: Only Android as of now.
- Atom Paynetz Payment Gateway India Contact Details: call 022-6686 4010
8 Citrus Payment Gateway:
It is merged with PayU now. Therefore, we have dropped all the details for this payment Gateway.
Below are details of another payment Gateway that you can consider for your Business:
9 PayTM Payment Gateway
Paytm has emerged as a leading payment due to its online consumer base with ‘Paytm Cash’ wallet. Therefore paying with Paytm could be beneficial for a small eCommerce merchant.
- Domestic Credit Cards supported: Visa, Master, Maestro, Amex, Discover and Diners
- International Credit Cards supported: Visa, Master, Maestro, Amex, Discover and Diners
- Pricing of Paytm payment gateway
- Initial Setup Fees: Rs 5000. Waived as of now
- Annual Maintenance Charges: Rs 5000. Waived as of now
- Minimum Annual Business Requirement: ZERO
- Applicable Fee per Transaction:
- Domestic Debit or Credit cards on Visa, Mastercard, Maestro, RuPay: Flat 1.99%
- Amex, ezeClick, JCB and Diners: Flat 1.99%
- International Credit Cards on Visa, Mastercard: Not supported.
- Taxes extra as applicable from time to time
- International Payment / Credit card Support: Supported all kind of credit cards.
- Multi-Currency Support: Not supported as of now.
- Multi-currency transaction charges: Not applicable.
- Withdrawal Fees: Zero.
- Settlement days: Settlement takes place within 2-3 days. Their committed structure is T=+2 that is transaction date + 2 days of lag for settlement.
- Customer Support: very good customer support all through the week.
- Documentation required: New merchant accounts need to provide business registration and bank account details.
- No of Days to start a transaction: Merchant can go live with Paytm Payment gateway in 2 days time after submission of all the requisite documents.
- Supported eCommerce CMS System on Paytm payment gateway.
- Paytm Payment Gateway Integration kits are available in the following environments:
PHP
ASP.NET
Ruby On Rails
JSP
VB.NET
OSCommerce - Mobile App Integration: Available for both Android, iOS.
- Paytm Payment Gateway India Contact Details: signup on their website.
10 DirecPay Payment Gateway Service:
DirecPay is one of the largest payment gateway solutions service provider in India.
- Their charge are:
- Annual maintenance Charge: Zero.
- Transaction Fee per Transaction: variable transaction fee applies
- Domestic Credit and Debit cards on Visa, Mastercard, Maestro, RuPay: Flat fee @ 2%
- Wallets: Flat fee @ 2%
- NEFT, IMPS, Cash cards & UPI: Flat fee @ 2%
- Amex, ezeClick, JCB and Diners: Flat fee @ 3%
- Taxes extra as applicable from time to time
- Key Features of DirecPay are
- International Payment / Credit card Support: Supported with an additional refundable security deposit of Rs 30000.
- Multi-Currency Support: US$ is supported for merchants with International Payment Gateway activation.
- Withdrawal Fees: Zero
- Settlement days: Settlement in T + 2 days ( T = Transaction day )
- Customer Support: Customer support not available over weekends. However, you will be able to connect easily with support team over weekdays.
- DirecPay Payment Gateway India Contact Details: Call 9619712858; email contact@direcpay.com.
11 PayUbiz Payment Gateway Service:
PayUbiz is part of Naspers, a US$25 Billion media and internet company listed in Johannesberg and London stock exchange. It is a payment gateway solution provider used by more than 70 of the top 100 ecommerce companies. PayUbiz is used by large enterprises such as Snapdeal, Jabong, Bookmyshow, Ola, Cleartrip, Redbus, GoIbibo, Zomato etc.
- Their Charges are:
- Annual maintenance Charge: Variable charges apply.
- Transaction Fee per Transaction: Variable charges apply.
- Key Features of PayUbiz are
- International Payment / Credit card Support: Not supported
- Domestic Credit cards supported: Visa/Mastercard/Diners/Amex credit Cards
- Multi-Currency Support: No
- Withdrawal Fees: Zero
- Settlement days: T+2 days
- Customer Support: Customer support always seems to be busy.
- Documentation required: Extensive list of documents.
- PayUbiz Payment Gateway India Contact Details: Call 0124-6624801; email contact@payu.in
12 Mobikwik Payment Gateway:
Mobikwik (formerly known as Zaakpay) Payment Gateway is a popular service for online credit, debit card & internet banking processing transactions. They claims to setup an account in two days time.
- Their charge are:
- Annual maintenance Charge: Custom, negotiable.
- Transaction Fee per Transaction: Custom, negotiable.
- Key Features of Mobikwik are:
- International Payment / Credit card Support: All Indian & International Mastercards, VISA, Discover & Diner’s cards acceptable.
- Domestic Credi cards supported: All Indian & International Mastercards, VISA, Discover & Diner’s cards acceptable.
- Multi-Currency Support: No
- Withdrawal Fees: Zero
- Settlement days: T+2 days
- Customer Support: Customer support always seems to be busy.
- Documentation required: New merchant accounts need to provide extensive documentation.
- No of Days to start transaction:
- Supported eCommerce CMS Systems: WordPress, XCart, Zencart, Prestashop, CScart, Cubecart, OSCommerce etc.
- Mobile App Integration: Android, Windows and iOS.
- Mobikwik Payment Gateway India Contact Details: Call 011-30018008
13 Emvantage Payment gateway Service:
Emvantage is a leading Payment PCI-DSS V3.1 certified payment platform in India.
- Their Charges are:
- Annual maintenance Charge: variable charge apply as below.
- Transaction Fee per Transaction: variable charge apply as below.
- Key Features of Emvantage are:
- International Payment / Credit card Support: Not supported.
- Domestic Credi cards supported: All Indian Mastercards, VISA, Maestro and Rupay cards acceptable.
- Multi-Currency Support: not available.
- Withdrawal Fees: Zero.
- Settlement days: T+2 is the settlement cycle.
- Customer Support: is accessible over weekdays. However, do not expect an immediate solution to your requirement.
- Documentation required: yes.
- No of Days to start transaction: Approximately a week to start a transaction.
- Supported eCommerce CMS Systems: WordPress, XCart, Zencart, Prestashop, CScart, Cubecart, OSCommerce etc.
- Mobile App Integration: Android, Windows and iOS.
- Emvantage Payment gateway India Contact Details: Call +91 120 4328545 email sales@emvantage.com
14 EBS Payment Gateway
EBS or E-Billing Solutions is the first Indian merchant account provider to achieve the PCI DSS 3.0 standards of compliance. It is also certified by security and process adherence followed and audited by ISO 27001- 2013 standard. Therefore it is one of the most secured online service providers in the world.
- EBS payment gateway service charges are:
- Initial Setup fees: Zero as a special promotion instead of Rs 9599
- Annual maintenance Charge: Rs 2400 flat applicable every year. Apart from that you also have to pay a one-time setup fee, which is variable, depending on the package you select.
- Transaction Fee per Transaction: Variable charges apply depending on the package you select.
- Key Features of EBS Payment gateway are:
- International Payment / Credit card Support: EBS Payment gateway accepts Visa, Master Card, American Express, JCB & Diners cards issued around the world.
- Multi-Currency Support: EBS Payment Gateway supports 11 major foreign currencies so that customer can pay in the currency he knows best. Currency supported are Indian Rupee (INR), American Dollar (USD), British Pound (GBP), Euro (Eur), Arab Emirates Dinar (AED), Qatari Rial (QAR), Omani Rial (OMR), Canadian Dollar (CAD), Hong Kong Dollar (HKD), Singapore Dollar (SGD) and Australian Dollar (AUD).
- Withdrawal Fees: Free of cost.
- Settlement days: Settlement takes place within 2-3 days. Their committed structure is T=+2 that is transaction date + 2 days of lag for settlement.
- Customer Support: Not available over weekends. However, over weekdays, you can easily talk to their customer-friendly staff to get your issue resolved.
- EBS Best Payment Gateway India Contact Details:
15 Easebuzz
Easebuzz is a software platform that allows businesses to have a payment gateway and value-added services. Easebuzz offers services in handling complex payment problems like vendor payments, recurring payments, split payments and multiple value-added services which helps businesses to scale.
KEY FEATURES OF EASEBUZZ PAYMENT GATEWAY ARE AS FOLLOWS –
- Annual maintenance fees – Zero for lifetime
- Transaction Fee per Transaction –
- All Domestic Debit cards (Visa, Master, Rupay and Maestro) – 1.5% per transaction
- All Domestic Credit Cards (Visa, Master, Rupay and Maestro) – 2.2% per transaction
- Netbanking (70 + Banks) – 2% per transaction
- UPI (Phone Pe, Bhim, Tex, All banks) – 1.2% per transaction
- Wallets (Paytm, Mobikwik, Jio, Oxygen and 7 more) – 2.5% per transaction
- Post Paid (Pay Later – Ola) – 2.2% per transaction
- EMI (6+ Banks) – 2.5% per transaction
- Time Taken to start transactions – 24 hours. We process only 2-3 documents within KYC and the entire process is online.
- Value-added services – Vendor Payments B2B, Split Payments, Recurring payments for subscription-based business, Application form (CMS) for collection of fees/bills/invoicing amount and smart payment link solution.
- Payment API’s available for all major web-based and mobile-based languages –
- Woocommerce
- PHP
- Java
- Python
- Android
- Codeva
- Iphone
- .Net
- Prestashop
- Magento 1.0, 2.0
- Open Cart 1.0,2.0,2.3,3.0
- Flutter
Our recommendation is that you go ahead with at least two payment gateways so that your customer has a choice to pay. If you need Payment Gateway integration on your eCommerce store or if you want to develop an eCommerce store feel free to contact us at Sopkr Technology.