India's Online Payment Gateways

An program known as a payment gateway helps to streamline and expedite the online payment process. In actuality, it serves as a conduit between the bank and a merchant's website or mobile application.

Your debit or credit card information is sent from the merchant's website to the payment gateway for confirmation when you make payments via it. The money is then sent from your bank account to the merchant's account once the payment gateway has verified the information from the bank.

India's Top Online Payment Gateways for 2024

Customers in India may make online payments using a variety of payment channels. Among the well-known ones are:

PayU Instantaneous CCAvenue Billing

JusPay Airpay Cashless Transactions

Benefits of Zaakpay DirectPay ePaisa

Atom Paynetz: Carry Out Razorpay 

Payments without cash 

One of India's leading payment and API banking companies is Cashfree Payments. More than 120 payment methods are accepted, including EMI options, UPI, Paytm, credit cards, debit cards, and net banking from more than 65 banks. Furthermore, Cashfree Payments accepts IMPS, NEFT, and PayPal. 

Billing Desk 

Bill Desk is a well-liked payment gateway that enables users to receive and pay all of their bills in one location. Many Indian banks have partnered with Bill Desk to streamline, expedite, and secure the payment process. Customers may choose how and when to make payments using Bill Desk. They can also set up notifications or reminders for payments. 

PayU 

One of the best payment gateways in India is PayU, which accepts more than 150 payment methods, including credit and debit cards, net banking, UPI, and static and dynamic QR codes. Businesses are able to take payments in several currencies thanks to the payment gateway. Additionally, it offers a range of payment options, including Native OTP, EMI and BNPL, and Pay with Rewards for loyalty programs. With its intuitive merchant dashboard, it makes the process of handling payments for companies simpler.  

Payment Gateway CCAvenue 

Another well-known payment gateway with a variety of payment choices is CCAvenue. JCB, MasterCard, Visa, American Express, Diners Club, and eZeClick are the six credit cards that it accepts. The CC Avenues payment page supports payments in 27 foreign currencies and is viewable in 18 languages, including Indian.

A few of these currencies are the following: Hong Kong Dollar, Qatari Riyal, Bahraini Dinar, Baht, Malaysian Ringgit, Taka, New Zealand Dollar, Canadian Dollar, Nepalese Rupee, Australian Dollar, Omani Rial, Swiss Franc, Kuwaiti Dinar, Chinese Yuan Renminbi, Euro, Singapore Dollar, Indian Rupees, Japanese Yen, American Dollar, UAE Dirham, Pound Sterling, Hong Kong Dollar, etc. 

Instantaneous Money Transfer 

One of the greatest methods to pay for digital files, tickets, services, merchandise, music, movies, and other items is via Instamojo. Payment processing is fast and safe thanks to bank-level security. This payment gateway allows merchants to take payments on social media platforms including Instagram, WhatsApp, and Facebook. Additionally, this gateway enables retailers to receive payments by Instagrammojo login, email, and SMS. 

Payment Gateway for Direcpay 

A payment gateway called Direcpay accepts a variety of credit and debit card kinds. Merchants may accept payments made via online banking and mobile devices by using Direcpay. It is a solution for businesses and retailers that handle online and e-commerce transactions. Numerous international currencies may be used to make payments using Direcpay. This payment gateway is user-friendly and safe. 

JustPay 

Because it offers a safe 1-click mobile payment experience and an expedited checkout option, this secure payment gateway has gained popularity. It automatically processes the one-time password from SMS messages and effectively utilizes the network to speed up website loads. 

Atom Paynetz Payment Gateway

With more than a hundred payment choices, Atom Paynetz is a well-known payment gateway. Credit cards issued domestically, including Visa, MasterCard, JCB, American Express, Discover, and Diners, are supported. It provides merchants with revenue-boosting options like Discount and Promotion Engine, Multi Bank EMI, expedited payments, etc.

ePaisa is an Android point-of-sale app that gives company owners the easiest and most intelligent ways to manage inventory, collect payments in any form, and access real-time sales figures and customer data on a smooth, multilingual, cloud-based platform.

AirPay

With the help of this payment gateway, companies and merchants may easily and securely take debit or credit card payments via their websites, mobile applications, and websites.

Advantage

Merchants may effortlessly and securely handle a high number of transactions by using this payment gateway. With Emvantage, businesses may accept payments using a variety of payment methods, including Netbanking, credit cards, debit cards, prepaid cards, and mobile payments.

Execute

Merchants are able to take online payments from their clients by using this payment gateway. Credit cards from Visa or MasterCard may be used for payments. The integration process takes less than 30 minutes, and the service is simple to use.

The payment gateways listed above are some of the greatest in India and provide very safe platforms so users can easily and worry-free make payments online.

Payment Gateway for Zaakpay

Another well-known payment processor that takes all foreign and Indian MasterCard, Visa, Discover, and Diners credit cards is Zaakpay. With only a few clicks, payments may be made using this secure channel.

Payment Gateway for Razorpay

Founded in 2014, Razorpay is a leading payment gateway in India. The financial business situated in Bangalore has garnered over $200 million in financing so far, and in October 2020, it was valued at over $1 billion, making it an Indian unicorn startup. Through the payment gateway, you may take payments from customers using a variety of ways, including credit/debit cards, net banking, UPI, and well-known wallets like JioMoney, FreeCharge, Airtel Money, etc.

Gateways for International Payments in India by 2024

PayPal: One of the most often used payment channels for international money transfers is PayPal. Transactions in more than 100 currencies may be handled by it. You may conduct credit card and debit card transactions using this application.  

Advantages of PayPal use: 

No upkeep costs 

It costs nothing to sign up. 

Transactions are always viewable from anywhere. 

The program has a mobile version accessible. 

It is feasible to integrate shopping carts. 

PayUbiz: Another well-liked payment gateway for making international payments is PayUbiz. This software offers a net banking option in more than 50 Indian banks and accepts credit card and debit card payments. 

Advantages of PayUbiz usage: 

Has SDKs for iOS & Android 

Able to execute deals in more than 125 currencies 

Collaboration with many banks worldwide 

provides a single-tap payment option. 

supports shopping cart and e-commerce plugins 

Avenue CC: You may trade in 27 different currencies with CC Avenue. It is also possible to integrate shopping carts with this application. 

Advantages of CC Avenue usage: 

accessible in a maximum of eighteen Indian languages 

offers a retry option to cut down on the amount of unsuccessful payments. 

offers several ways to pay, including more than 97 debit cards, 58 net banking accounts, 6 credit cards, etc. 

International Payments using Razorpay: Razorpay International Payments accepts all major international cards and enables you to trade in over 92 different currencies. You may also automate repetitive tasks or exchange links via other channels of communication. 

Advantages of International Payments using Razorpay: 

Does currency conversion happen in real time? 

offers INR settlement alternatives and is certified with PCI DSS Level 1. 

India's Present Payment Solution Environment 

In India, the digitization of almost everything is being embraced at a rate never seen before. Today's Indian youngsters have developed a greater practice of making digital payments. Digital payments are now accepted nationwide as a dependable substitute for conventional payment methods like cash and checks. This has further pushed the nation's largest fintech companies to develop an interface that offers digital payment services.  

Search criteria for payment gateways in India 

Consider the following characteristics while choosing an Indian payment gateway: 

User-friendly: The payment gateway must to be simple to use and ought to interface with other programs, such as CRMs and invoicing. A difficult-to-use payment gateway would provide a poor user experience. 

Multiple payment methods: The payment gateway you choose should be able to process payments using a variety of methods, including net banking, credit card, debit card, and EMI. Additionally, using a multilingual and multicurrency payment gateway would be advantageous.  

Budget and pricing: Choose a payment gateway that won't drive up your expenses based on your company's demands and volume of operations. The majority of payment gateways impose sign-up, maintenance, and other fees. Make an informed choice since this might impact your wallet. 

Security is a crucial component that you shouldn't skimp on when purchasing a payment gateway. When purchasing a payment gateway, look for features like adaptive monitoring, soundwave technology, IP/device monitoring, etc. 

Dependability: Ensure that, in times of high traffic, your payment gateway does not malfunction. Apart from that, transactions must to be completed quite quickly, and failures ought to be few. 

Accepted currencies: Choose a payment gateway that supports many languages and takes payments in a variety of currencies at all times. Customers from all around the world will find it easier to make purchases from your website with this option.

FAQs Regarding Indian Online Payment Gateways

Airpay: What is it?

A platform for payment gateways called Airpay supports international retail and e-commerce. This service aims to simplify and expedite your financial transactions. It is an all-inclusive payment app.

Which is preferable, PayPal or Paytm?

Integrating PayPal with a website is simple. The majority of Indian users choose Paytm over PayPal. You may take INR payments with both. Paytm costs you 2% for each transaction, whereas PayPal charges 2.5%.

Which payment gateway is the least expensive?

One of the least expensive payment gateways in the nation right now is Cashfree Payment Gateway. With this, the TDR is lowest.

In India, who controls payment gateways?

Payment gateways in India are governed by the Reserve Bank of India (RBI). The RBI determines the rules governing all Indian online payment gateways as well as the offers, restrictions, and other details of cash transfers. 

Can many websites use the same payment gateway?

A single gateway may really be used by many websites. This facilitates easier comparison, funds management, and market movement forecasting by allowing all internal accounts to be managed by a single user. 

What does a payment gateway chargeback entail?

Banks and card networks provide chargeback as a way to shield cardholders against illegal or fraudulent payments. This is a dispute that the cardholder has filed with the bank that issued the card about a transaction. 

Is ePaisa compatible with mobile devices?

Indeed, ePaise is compatible with iOS and Android smartphones as well as iPads. 

Can I use more than one UPI ID?

It is possible to generate a unique UPI ID for every bank account you own, provided you have several ones.

I've used BillDesk to cancel a transaction. When can I expect my money back?

After you cancel a purchase, the merchant starts the refund process. Usually, 5-7 days after the reimbursement date, the money is credited to the bank account. If your refund isn't credited, get further information by contacting the merchant's customer service. 

What is the highest sum that each transaction on the payment page is permitted to have?

The maximum amount that a client may pay out in one transaction is Rs. 5 lakh. This transaction limit can be increased by contacting Razorpay support.