Top 5 Payment Gateway Companies in India 2023 www.deekpay.com

Payment GatewayEssential for any business that accepts payments through a digital model. The technology circulates financial data between the necessary entities to authorise payments and transfer funds from customers to merchants.

Payment Gatewayis a technology provided by a third party that ensures the secure transfer of funds from a customer's bank account to a merchant's payment portal. Getting an online businessPayment GatewayThe easiest way to do this is to sign up with a payment service provider.

For example, if a customer books a flight online through a website, the site will provide them with a number of payment options to be used for the booking, such as credit card, debit card, UPI etc. These options are visible becausePayment GatewayThe service allows customers to make payments through them.

in choosingPayment GatewayIt is important to check the following features before the service provider:

:: A wide range of necessarypayment method

:: The checkout process should take the least amount of time

:: Fraud should be identified at every step

:: Acceptance of payments in multiple currencies

:: Research pricing

Cashfree

Cashfree Payments It's a reliablePayment Gateway, can manage online, mobile and offline payments. Businesses with high transaction volumes can opt for it as it has centralised control and advanced dashboards.

● Payment Methods - It offers customers more than 120 payment methods, including bank cards, and more than 65 online banking options,Paytm, UPI, other wallets, payment links and later payment options such as EMI or Buy Now Pay Later (BNPL).

:: Pricing -- transaction fees are among the lowest in the industry and vary by payment model:

○ UPI and RuPay 0% per transaction.

o 1.90% is charged when using online banking, digital wallets, Google Pay and debit/credit cards.

2.95% per transaction for Diners Club and American Express cards.

Rs. 3.5% + Rs. 7 per transaction for Visa and Mastercard international credit/debit cards.

2.2% for Pay Later and Cardless EMI options.

● E-Commerce Plugin - Integration suite is developer friendly and offers same day onboarding facility. Cashfree Multiple integration APIs for website integration, mobile SDK integration, and predefined plugins for some of the leading e-commerce platforms such as Shopify, Magento, Woo-Commerce, OpenCart, WHMCS, and PrestaShop. ● Advanced Dashboard - In addition, merchants can reconcile all payments, settlements and refunds and get real-time notifications on the status of transactions (successful, pending, etc.).

● International Transaction Support - Businesses can expand their reach to overseas customers by unlocking international payment options. Payment GatewayThe tool supports more than 30 foreign currencies (including US Dollars, British Pounds, Euros, Dirhams and Canadian Dollars) with a two-day settlement cycle (in Indian Rupees).

Razorpay

Razorpay is India's first full-stack financial solutions company. It allows customers to save their card details to be used through the Razorpay The network makes subsequent payments, resulting in a quick checkout.

● Payment methods: Merchants can accept payments from all major credit and debit card networks, such as MasterCard, Visa, American Express andRuPayIt has become the first credit card-supported facility on UPI. It has become the first credit card-enabled UPIPayment Gateway.

:: Pricing -- it has two programmes for its products --

o Standard plan for startups and SMEs, 2-3% per transaction, no setup or annual maintenance fees.

○ Customised plans for large companies.

● E-Commerce Plugin - Merchants can build a plugin that will Razorpay Payment GatewayIntegrate with websites created using e-commerce platforms such as Shopify, WordPress, WiX, Drupal or Spree Commerce.

:: International transaction support -- itsPayment GatewayThe platform can accept international cards from customers in Europe, the United States, Southeast Asia and other countries.

CCAvenue

Payment Gatewayservice provider through a full suite ofonline paymentThe solution provides businesses with simple, secure and verified payments over the internet. It gives sellers a wider global reach by offering multilingual checkout pages in 18 major Indian and international languages and appealing to consumers who prefer content in their native language.

● payment method: Merchants can accept payments through credit or debit cards, net banking, digital wallets, mobile payments and more. Offers the largest number of payment options including 6 credit cards, 58+ net banking, 97+ debit cards, 13 prepaid instruments, and EMI.

:: PricingCCAvenue A different approach has been adopted in terms of setup fee pricing. It consists of a free Startup Pro plan and a Privilege plan that charges Rs. 30,000. In addition, Startup accounts are charged Rs. 1200 per year for software upgrades. The transaction fees are listed below:

character used in Taiwan as a substitute for a real name (like "X" in English) UPI paymentsrespond in singing RuPay Debit card 0%.

○ All domestic credit/debit cards, digital wallets, online banking and UPI Tradingof 2% per transaction.

○ 4.99% per transaction for all international debit/credit cards. ○ 3% per transaction for all domestic corporate/commercial credit cards.

○ For all American Express, Amex EMI and Diners Club cards, a fee of 4% is charged per transaction.

○ 4.99% per transaction for all 27 multi-currency options.

character used in Taiwan as a substitute for a real name (like "X" in English) CCAvenue Financial Services 0.20% - 0.50% per day.

● E-Commerce Plugin - Merchants can build a plugin that willCCAvenue Payment GatewayIntegration with websites created using e-commerce platforms such as BuildaBazaar, WordPress, Magento, Martjack or NopCommerce.

:: International transaction support -- international transaction support -- itsPayment GatewayThe platform can receive payments in 27 major foreign currencies and allows your customers to pay in the currency they are most familiar with.

● Marketing Tools - Create, manage and present your offers and promotions to your customers using the range of marketing tools provided. Merchants can offer fixed or percentage discounts on product prices, or develop a banking affiliate strategy to run BIN-based promotions.

Easebuzz

Businesses can use Easebuzz Collects online customer payments through its various APIs and customised solutions.

● Payment methods: Merchants can provide more than 100 payment methods, such as bank cards (Visa, Master, Maestro.),RuPay, commercial cards), wallets, UPI, internet banking, buy now pay later (BNPL) payment instruments.

:: Pricing:Easebuzz (used form a nominal expression)Payment GatewayTools have customised pricing to suit every business need. Zero setup and maintenance costs and strong security.

● E-Commerce Plugin - Merchants can install a plugin that will Easebuzz Payment gateway integrates with websites created using e-commerce sites such as Shopify, WHMCS, Magento, OpenCart or WooCommerce.

PayU

It's the bestPayment Gatewayone of the best success rates in the industry while ensuring a seamless checkout experience. With the help of PayU Payment GatewayThe client's money is safe and secure because it is PCI-DSS compliant.

● payment method: Merchants can cater to every customer's needs with more than 150 payment options through credit cards, debit cards, net banking, EMIs, BNPL, UPI and wallets.

:: Pricing -- inPayU(math.) genusPayment GatewayThere are no installation or maintenance fees. Transaction pricing is as follows:

○ For domestic payments through Visa, Mastercard, Internet Banking, BNPL and wallets - 2% per transaction.

○ For payments made through Diners, American Express, EMI - 3% per transaction.

○ For international transactions - 3% per transaction.

:: E-commerce plug-ins - merchants can use PayU The plugin accepts payments on popular e-commerce platforms such as Magento, Shopify, Tally, ZohoBooks, ZohoCRM, WooCommerce, WordPress and more.

● International Transaction Support - Businesses in India can accept international payments through Visa, MasterCard and Amex in more than 150 countries worldwide. It also supports international currencies such as USD, EUR, GBP, AUD, Dirham, SGD, BHD, NZD, etc.

The service providers mentioned above are leading service providers in the e-commerce industry who are helping to increase sales by streamlining the checkout process and offering customers multiple payment options in multiple currencies.

Atpay - we are a professional provider of payment solutions and have been deeply involved for many years inIndia PaymentsWe have successfully provided payment functions for countless customers at home and abroad. We are fully confident in payment integration and high-risk payment processing, and welcome inquiries and exchanges.