E-commerce is steadily growing in India and across Asia. When it comes to accepting payments online, businesses in India are working with both local and international payment gateway providers.
Gone are the days when being able to receive payment online in India is an extremely difficult task to accomplish. Now there has been a tremendous transformation in the market with the introduction of online payment gateways, now a merchant in a remote town or village can easily set up an e-commerce website that accepts online payment at the click of a button.
The list if not meant to review each of the payment gateways, neither are we recommending any of one of them. It is for informational purpose to make you aware of their services.
1. PayU India
PayUmoney is India’s largest payment gateway catering to more than 3,00,000+ merchants. PayU provides state-of-the-art payment gateway solutions to online businesses through its cutting-edge and award-winning technology. PayU’s mission is to create a safe and secure ecosystem that enables anybody to make or receive payments, bringing convenience and trust through continuous innovation leveraging technology.
Razorpay is a 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, Airtel Money, FreeCharge, Ola Money and PayZapp. With Razorpay you can collect recurring payments, share invoices with customers – all from a single platform. Fast forward your business with Razorpay.
CCAvenue is one of the largest payment gateways in 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.
Instamojo is India’s fastest growing commerce enabling platform for MSMEs. The platform is a full-stack transactional platform that is leading the democratization of payments & e-commerce for MSME merchants in India. It’s flagship products are ‘payment links’ & ‘free online store’ which helps simplify processes for small businesses to come online.
EBS facilitates online purchases from a merchant’s website and helps them to collect payment from the end customers through net banking, credit and debit cards etc. It serves as an intermediary that assembles the online payment options offered by various banks, cash card brands and many other payment processors onto a single platform with minimum technical integration with merchant website. EBS is the first Indian merchant account provider to achieve the PCI DSS 3.0 standards of compliance.
DirecPay is among the largest payment gateway solutions service providers in India. DirecPay is a secure, merchant-centric payment gateway service. The platform acts as a one-stop payment gateway solution for merchants who conduct online transactions or e-commerce. The platform enables merchants to go beyond accepting payments through cash, cheques and demand drafts with ease.
Cashfree is built to be one of Indias highly reliable and merchant-friendly payment gateway. Cashfree offers clean and easy-to-use payment interface to your customers. No annoying prompt for additional customer details. Customize the color and logo of your payment page as per your site design.
MobiKwik Payment Gateway accepts payments through popular Net Banking, UPI, popular Wallets, EMI and all Indian and international Mastercard, Visa, Discover, American Express, Diners card. MobiKwik’s payment gateway is PCI DSS certified to secure all card, banking and transaction data for you and your customers.
9. PayPal India
PayPal is a global payment platform available in 200+ countries across the world. If your business is aimed at collecting payments from international consumers then Paypal is your best choice payment gateway. 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.
2Checkout is a leading global payment platform that allows companies to accept online and mobile payments from buyers worldwide, with localized payment options. Capabilities include a pre-integrated payments gateway, merchant account, PCI compliance, international fraud prevention, and integration with more than 100 shopping carts.