Three-way payment gateway in India: What are the payment methods in India (How to pay in India)
In India, the payment methods mainly cover the following:
1. Paytm - Often referred to as the Indian version of Alipay, this is a digital wallet widely used in the country.
2. Mobikwik - A popular mobile payment application in India that supports DTH recharges, public transport, train tickets (IRCTC), prepaid and postpaid bills, electricity, gas, insurance, broadband and landline services.
3. Airtel Money - This is a mobile wallet developed by Airtel, an Indian telecom company, running on the Unified Payment Interface (UPI) system.
4. PaisaPay - can be considered as a "trust infrastructure" developed specifically for the Indian market and is affiliated with eBay, which allows buyers to transfer money to a temporary third-party account and then release the money to the seller after confirmation of receipt of the product.
5. PhonePe - Providing an online payment system based on the Unified Payments Interface (UPI), PhonePe is a new method of electronic fund transfer initiated by the National Payments Corporation of India (NPCI).