Indian Payment Gateway Paykun Explained www.deekpay.com

About Paykun, India's Payment Gateway

Paykun is India's trustedPayment GatewayOne of them.Paykun was founded in 2018 and is headquartered inIndiaSurat, Gujarat, offers a wide range of payment options for use, including credit and debit cards, UPI, net banking, e-wallets, EMIs and QR codes. Paykun offers three main services: payment gateways, payment links and one-click payments.

Paykun has an off-the-shelf SDK and technology-friendly applets that seamlessly integrate the system with the merchant's business. Even if the merchant does not have a business website, Paykun allows online account settlement. All traders need to do is generate payment links and share them with their customers. As for the payment button, the merchant simply generates the code and embeds it in the website. The advantage of Paykun payment buttons is that there is no redirection and customers can complete their transactions on the same page.

Users outside India can also use Paykun to transact and make payments in different currencies. Paykun works with major card processing providers. These include VISA, American Express, Diner's Club and MasterCard. In addition, Paykun also works with Google Pay,Paytm respond in singing PhonePe et al. (and other authors) UPI Integration. Paykun's dispute resolution feature is another aspect worth using. In payment disputes, Paykun acts as a judge between the seller and the customer.

Paykun also provides solutions for entertainment and gaming as well as IT and SaaS businesses. Entertainment companies can use payment solutions to fulfil their ticketing needs during events. IT and SaaS companies can use software tools such as marketing automation, content management, IT services and human resource management solutions provided by Paykun.

Paykun Payment Gateway Pricing and Fees

Paykun claims it is one of the lowest priced online payment gateways for businesses.

Merchants can use Paykun to collect payments from their customers online or embed it in the shopping page on the merchant's website. Paykun then charges for each transaction that passes through its system.

Below are the pricing options for the different available payment options:

Payment Type Fee UPI1.75% Debit Card1.75% Credit Card2.00% International Card3.00% Internet Banking1.75% Wallet1.75%Paytm Wallet2.00%

Note: Depending on the payment method used, this amount will be deducted from the transaction. In addition, Goods and Services Tax (GST) is payable on top of the fees.

One of the benefits of Paykun is that there is no need to use a payment gateway to pay setup or maintenance fees.

Customised pricing is also available for businesses with unique requirements such as high volume micropayments. Please contact the Paykun sales team for more information.

Paykun is inexpensive and a good choice for both Indian individuals and businesses looking to save money. But for those looking for robust technology and sales analytics, Paykun may not be as advanced as other Indian competitors.

Paykun Payment Gateway Security

Paykun payment gateway is considered secure. Paykun has partnered with various companies in India and with ICICI Bank, Yes Bank,BillDesk and Paytm to ensure smooth transactions.

Paykun has been approved for online credit and debit card payments at the highest level of the Payment Card Industry Data Security Standard (PCI DSS) 3.2.1.

Paykun also adheres to Secure Socket Layer (SSL) and 256-bit Advanced Encryption Standard (AES). All of this means that merchants' data is protected and remains private.

Paykun supported payment methods

Paykun payment gateway offers more than 120 payment options to Indian customers. Below are the major payment options offered by Paykun:

Debit and Credit Cards in India

Rupay Discover Mastercard Maestro Visa Amex

online banking

HDFC ICICI Deutsche SBI Axis Bank of Baroda ...and more than 50 different online banking options

purses

Paytm Ola Money PhonePe Amazon Pay FreeCharge JioMoney

UPI

Google Pay Paytm UPI PhonePe

Paykun also offers different features to make checkout easier and smoother for merchants' customers. Merchants can embed payment buttons on their websites or send payment links via message or email. Merchants can also set up Paykun to allow customers to pay via QR codes as well.

Paykun International Payments

Paykun's payment gateway allows customers outside India to make purchases in global currencies. However, merchants must ensure that the merchant's account is enabled for international payments in order to display multiple currencies. If not, the merchant's customers will only see prices in Indian rupees.

While the options are not as extensive as for domestic customers in India, Paykun users can offer international payments through any of the following cards:

Visa Mastercard Diner's club American Express

The fee for international payments is 3%, which is significantly higher than the fee for domestic transactions. It is important to note that although the merchant's can display multiple currencies to the customer, all settlements will be in Indian Rupees.

Paykun's Settlement Cycle

Settlement time is expected to be 2-3 business days from the date of the transaction. Paykun's settlement time reflects the difference in bank approval time and risk factor assessment. Funds will be deposited into the merchant's bank account when available.

Paykun's Customer Service

Merchants can contact Paykun's customer service at 1800-212-8070 from 10am to 6pm, Monday to Friday.

Merchants with specific questions can contact Paykun at a dedicated email address:

Technical Support:[email protected] Integrated help:[email protected]

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.