Looking for best Payment Gateway in India!
If you are running a startup or small business or a Brand, it could be quite tricky to choose a Payment Gateway for your eCommerce store. Therefore our eCommerce experts at Intelligize Digital India set down to identify the top 14 Best Payment gateways in India. So here is a list of the best online payment gateways curated by our team based on their experience.
1.Instamojo Payment Gateway
Instamojo Payment Gateway allows new merchants to create a merchant account instantly to collect online payments with ease with or without a website. Charges of Instamojo are quite reasonable.
- Instamojo Payment Gateway service charges are:
- Annual maintenance Charge: ZERO. yes ZERO
- Transaction Fee per Transaction: Flat fee @ 2% + Rs 3 per transaction
- Key Features of Instamojo Payment gateway service are
- International Payment / Credit card Support: Not supported
- Multi-Currency Support: Not supported. Only INR.
- Withdrawal Fees: Zero
- Settlement days: 3 days in your connected Bank account.
- Customer Support: Their IVR system clearly says that they are closed over weekends. However, on weekdays our call went unanswered.
- Documentation required: Documentation list you can see after signing up with them.
- No of Days to start a transaction: You can start receiving payment after simple signup with your email. Types of Credit Card Accepted:
- Supported eCommerce CMS System: All major ones such as Magento, Prestashop, Opencart, etc.
- Mobile App Integration: Not available as of now.
2. Cashfree payment gateway
Cashfree is India’s only Bulk payouts and Payment gateway company. It provides the broadest range of payment options: cards (Visa, Master, Maestro, Rupay, Amex), 70+ Netbanking options, Paytm, and six popular mobile wallets like Airtel, Mobikwik, Freecharge, It also supports UPI, NEFT, IMPS, and Paypal. Payment gateway charges, for even new merchant accounts, are, just 1.75% per transaction [Lowest TDR charges in India].
CASHFREE PAYMENT GATEWAY OFFERS LOWEST TDR IN INDIA
Offers popup, redirect, iframe, and seamless checkout modes as per your site design and has the fastest settlement cycle of 24 hours to 48 hours.
Key Features
- Type of Payment Gateway: Integrated Payment gateway
- Cashfree payment gateway charges in India
- Initial Setup Fees: ZERO
- Annual Maintenance Charges: ZERO
- Minimum Annual Business Requirement: ZERO
- Applicable Fee per Transaction:
- Credit & Debit cards on Visa, Mastercard, Maestro, RuPay, 70+ net banking: Flat fee @ 1.75% + Rs 0 per transaction
- Wallets: Paytm, Airtel Money, Freecharge, Mobikwik, Ola Money, Jiomoney: Flat fee @ 1.75% + Rs 0 per transaction
- UPI: Flat fee @ 1.75% + Rs 0 per transaction
- International Credit Cards on Visa, Mastercard, and American Express: Flat fee @ 3.5% + Rs 7 per transaction
- Taxes extra as applicable from time to time
- Domestic Cards and Internet Banking Options: Visa, Mastercard, Maestro, RuPay, Amex, Diners Club Discover, and 70+ net banking
- International Payment / Credit card Support: Supported by Visa, Mastercard, and American Express. Option to connect your Paypal account with Cashfree and offer Paypal as a checkout option. Start accepting international payments from day one.
- Pay Later and EMI Options: Pay Later(Ola Credit, Lazy Pay, ePayLater)
- EMI — Flexmoney, ZestMoney, and multiple bank EMI options
- Recurring Billing Support or Subscription management — Collect payments for subscriptions via links or API. Customize subscription plans
- Multi-Currency Support: 32+ foreign currencies supported. Other currencies are also configurable on request.
- Settlement days: 24 hours Sell today and get paid tomorrow.
- Customer Support: Dedicated Account manager is assigned to each account, which stays as a single point of contact. Live chat support Mon-Saturday.
- Documentation Required: Completely online process. Need only scanned copy of the canceled cheque, PAN Card, and address proof.
- No of Days to Start a Transaction: Go live within 24 hours of sign up—one of the few platforms that provide International payments activation from the first day itself.
- Supported eCommerce CMS System: Ready to use integrations for Shopify India, Magento, OpenCart, WooCommerce India, Prestashop, and StoreHippo.
- Mobile App Integration: Available for both Android and iOS.
- Account activation: Go live within 24 hours of sign up—one of the few platforms that provide International payments activation from the first day itself.
- Smart Analytics: Live transaction report, compare monthly collections and mode of payments, daily reporting of the settled & unsettled transactions
3.EBS Payment Gateway:
EBS or E-Billing Solutions is the first Indian merchant account provider to achieve the PCI DSS 3.0 standards of compliance. It is also certified by security and process adherence followed and audited by ISO 27001- 2013 standard. Therefore it is one of the most secured online service providers in the world.
- EBS payment gateway service charges are:
- Initial Setup fees: Zero as a special promotion instead of Rs 9599
- Annual maintenance Charge: Rs 2400 flat applicable every year. Apart from that you also have to pay a one-time setup fee, which is variable, depending on the package you select.
- Transaction Fee per Transaction: Variable charges apply depending on the package you select.
- Key Features of EBS Payment gateway are:
- International Payment / Credit card Support: EBS Payment gateway accepts Visa, Master Card, American Express, JCB & Diners cards issued around the world.
- Multi-Currency Support: EBS Payment Gateway supports 11 major foreign currencies so that customers can pay in the money he knows best. Currency backed are Indian Rupee (INR), American Dollar (USD), British Pound (GBP), Euro (Eur), Arab Emirates Dinar (AED), Qatari Rial (QAR), Omani Rial (OMR), Canadian Dollar (CAD), Hong Kong Dollar (HKD), Singapore Dollar (SGD) and Australian Dollar (AUD).
- Withdrawal Fees: Free of cost.
- Settlement days: Settlement takes place within 2-3 days. Their committed structure is T=+2 that is transaction date + 2 days of lag for settlement.
- Customer Support: Not available over weekends. However, over weekdays, you can easily talk to their customer-friendly staff to get your issue resolved.
- Documentation required: Yes.
- No of Days to start a transaction: Merchant can go live with EBS day 1 of online activation
- Supported eCommerce CMS Systems:
- Mobile App Integration: Windows, iOS, and Andriod.
4. FonePaisa Payment gateway
Fonepaisa is an interoperable payment solution that brings the worlds of mobile and payments together. The payment gateway can link it to loyalty and relationships and make payments matter more for Individuals and Businesses.
KEY FEATURES OF FONEPAISA PAYMENT GATEWAY SERVICE ARE:
- Annual Maintenance Charges: Negotiable
- Transaction Fee per Transaction:
- Domestic cards – 2%
- International – 3.5%
- American Express – 3.5
- Net Banking – 2%
- UPI- 0.7%
- Wallets – 2%
- Setup fees: Negotiable
- Key Features of fonePaisa Payment gateway services: Mobile Optimised design, Widest Payment choices including all wallets and UPI, Advanced UPI – Scan and Pay, Subscription Payments, Withdrawal gateway and more
- International Payment / Credit card Support: Yes
- Multi-Currency Support: Yes
- Withdrawal Fees: None
- Settlement days: T+2 business days
- Customer Support options: Email, WhatsApp, Phone call
- Documentation required: Depends on the nature of business- business KYC and more
- No of Days to start the transaction: 2 business days
- Supported eCommerce CMS System: Wordpress, Joomla, Magento, Opencart, PrestaShop, WHCMS
- Mobile App Integration: iOS and Android
5.CCAvenue Payment Gateway:
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 eye click. 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.
- CCAvenue Payment gateway Service charges are:
- Initial Setup Fee: Zero, yes Zero
- Annual maintenance Charge for a Startup account: Rs 1200
- Transaction Fee per Transaction: Variable fee below
- Domestic Credit & Debit cards on Visa, Mastercard, Maestro RuPay: Flat fee @ 2%
- Wallets: Freecharge, Mobikwik, OlaMoney, Jiomoney, Paytm, PayZapp, Jana Cash, SBI Buddy, The
- Mobile Wallet: Flat fee @ 2%
- IMPS & UPI: Flat fee @ 2%
- International Credit Cards on Visa, Mastercard, American Express, JCB and Diners Club: Flat fee @ 3%
- Taxes extra as applicable from time to time
- Key Features of CCAvenue Payment Gateway are
- International Payment / Credit card Support: Supported on CCAvenues. Your eCommerce store can represent your product pricing in any number of currencies. Your customers can checkout on the CCAvenue payment options page using their desired currency with Multi-Currency payment Gateway that supports 27 foreign currencies.
- Multi-Currency Support: CCAvenue allows the collection of payments in 27 major foreign currencies and allow your customer to pay in the currency they know best. Currencies supported by CCAvenue Payment Gateway are:
- Indian Rupee
- Singapore Dollar
- Pound Sterling
- American Dollar
- Omani Rial
- Bahraini Dinar
- UAE Dirham
- Euro
- Canadian Dollar
- Swiss Franc
- Baht
- Sri Lankan Rupee
- Malaysian Ringgit
- Qatari Riyal
- Hong Kong Dollar
- Kuwaiti Dinar
- Bangladesh Taka
- New Zealand Dollar
- Australian Dollar
- Nepalese Rupee
- Chinese Yuan Renminbi
- Japanese Yen
- Kenyan Shilling
- Mauritius Rupee
- Philippine Peso
- Saudi Riyal
- South African Rand
- Withdrawal Fees: free. Domestic Friday and International Tuesday
- Settlement days: CCAvenue settles payments every week for all amounts over & above of Rs. 1000, which is the minimum amount required to be kept.
- Customer Support: Their website claims 24x7x365 days of Voice, Chat and emails support. However, their chat was off on weekend. IVR system clearly says that they are closed over weekends. However, their sales and the technical team responds very well and also coordinates well internally.
- Documentation required: List of documents required by CCAvenues for Online Payment Gateway is here.
- No of Days to start a transaction: Though CCAvenue claims on their website that all new merchant accounts get activated within 1 hour of registration, in practice, it will take anything between 3 to 6 days. CCAvenue will approve your website and will ask for physical copies of documents before you start transacting through their payment gateway.
- Types of Credit Card Accepted: 6 credit cards such as Amex, JCB, Diners Club, Mastercard, Visa, and eZeClick are accepted.
- Supported eCommerce CMS System: CCAvenue has developed API for most of the shopping carts such as Buildabazaar, Cubecart, Drupal, Interspire, Joomla, Magento, Magento Go, Martjack, Moodle, NopCommerce, Opencart, OsCommerce, PrestaShop, VirtueMart, WHMCS, WordPress, ZenCart.
- Mobile App Integration: Android, iOS, and Windows.
- CCAvenues Payment Gateway Contact Details
6 Atom Paynetz Payment Gateway service:
Atom is promoted by FT Group and it is an innovative Payment Service Provider with over 100 payment options, 15 million + transactions, 4500+ strong merchants across the country.
- Atom Paynetz Payment Gateway Service charge is:
- Annual maintenance Charge: Generally waived off for the first year, however second year onwards you have to pay Rs 2400.
- Transaction Fee per Transaction:
- Credit Cards: 2.1%
- Debit cards: for transactions less then Rs 2000 it is 0.75%
- Debit cards: for transactions more then Rs 2000 it is 1%
- Key Features of Atom Paynetz payment gateway are:
- International Payment / Credit card Support: Not supported
- Domestic Credit Cards supported: Visa, Master, AMEX, Diners, JCB, Discover
- Multi-Currency Support: Not Supported
- Withdrawal Fees: Zero
- Settlement days: in T+2 days
- Customer Support: The Telephone number and chat facility on their website do not work so go to Contact us page and use the numbers to connect with Atom Paynetz Payment Gateway service sales team.
- Documentation required: New merchant accounts need to provide Business Registration documents mostly and a PO.
- No of Days to start a transaction: Within 5-6 days, provided all documents are provided as and when asked for.
- Supported eCommerce CMS Systems: All major CMS supported such as Magento, WooCommerce, Prestashop.
- Mobile App Integration: Only Android as of now.
7. Citrus Payment Gateway:
It is merged with PayU now. Therefore, I have dropped all the details for this payment Gateway.
Below are details of another payment Gateway that you can consider for your Business:
8.PayTM Payment Gateway
Paytm has emerged as a leading payment due to its online consumer base with ‘Paytm Cash’ wallet. Therefore paying with Paytm could be beneficial for a small eCommerce merchant.
- Domestic Credit Cards supported: Visa, Master, Maestro, Amex, Discover, and Diners
- International Credit Cards supported: Visa, Master, Maestro, Amex, Discover, and Diners
- Pricing of Paytm payment gateway
- Initial Setup Fees: Rs 5000. Waived as of now
- Annual Maintenance Charges: Rs 5000. Waived as of now
- Minimum Annual Business Requirement: ZERO
- Applicable Fee per Transaction:
- Domestic Debit or Credit cards on Visa, Mastercard, Maestro, RuPay: Flat 1.99%
- Amex, ezeClick, JCB and Diners: Flat 1.99%
- International Credit Cards on Visa, Mastercard: Not supported.
- Taxes extra as applicable from time to time
- International Payment / Credit card Support: Supported all kind of credit cards.
- Multi-Currency Support: Not supported as of now.
- Multi-currency transaction charges: Not applicable.
- Withdrawal Fees: Zero.
- Settlement days: Settlement takes place within 2-3 days. Their committed structure is T=+2 that is transaction date + 2 days of lag for settlement.
- Customer Support: very good customer support all through the week.
- Documentation required: New merchant accounts need to provide business registration and bank account details.
- No of Days to start a transaction: Merchant can go live with Paytm Payment gateway in 2 days after submission of all the requisite documents.
- Supported eCommerce CMS System on Paytm payment gateway:
- Shopping Cart Kits currently available with Paytm are:
Opencart
Magento
Zencart
WordPress Woocommerce
Joomla Virtue Mart
Prestashop
OSCommerce
WordPress Ecommerce
Ubercart
Easy digital
WHMCS
ViArt
Opencart
cartCScart
Virtuemart
Drupal Commerce
Moodle
Nopcommerce
Gravity forms. - Paytm Integration kits are available in the following environments:
PHP
ASP.NET
Ruby On Rails
JSP
VB.NET
OSCommerce - Mobile App Integration: Available for both Android, iOS.
- Paytm Payment Gateway Contact Details: signup on their website.
9. DirecPay Payment Gateway Service:
DirecPay is one of the largest payment gateway solutions service provider in India.
- Their charge is:
- Annual maintenance Charge: Zero.
- Transaction Fee per Transaction: variable transaction fee applies
- Domestic Credit and Debit cards on Visa, Mastercard, Maestro, RuPay: Flat fee @ 2%
- Wallets: Flat fee @ 2%
- NEFT, IMPS, Cash cards & UPI: Flat fee @ 2%
- Amex, ezeClick, JCB and Diners: Flat fee @ 3%
- Taxes extra as applicable from time to time
- Key Features of DirecPay are
- International Payment / Credit card Support: Supported with an additional refundable security deposit of Rs 30000.
- Multi-Currency Support: US$ is supported for merchants with International Payment Gateway activation.
- Withdrawal Fees: Zero
- Settlement days: Settlement in T + 2 days ( T = Transaction day )
- Customer Support: Customer support not available over weekends. However, you will be able to connect easily with the support team over weekdays.
- Documentation required: New merchant accounts need to provide business registration documents.
- No of Days to start a transaction: 5 to 7 days
- Supported eCommerce CMS Systems: nopCommerce, Prestashop, OpenCart, OSCommerce, Joomla, WordPress, WHMCS, cubecart, and cscart.
- Mobile App Integration: Android and iOS.
10. PayUbiz Payment Gateway Service:
PayUbiz is part of Naspers, a US$25 Billion media and internet company listed in Johannesberg and London stock exchange. It is a payment gateway solution provider used by more than 70 of the top 100 eCommerce companies. PayUbiz is used by large enterprises such as Snapdeal, Jabong, Bookmyshow, Ola, Cleartrip, Redbus, GoIbibo, Zomato, etc.
- Their Charges are:
- Annual maintenance Charge: Variable charges apply.
- Transaction Fee per Transaction: Variable charges apply.
PayUbiz Payment Gateway Charges in India
- Key Features of PayUbiz are
- International Payment / Credit card Support: Not supported
- Domestic Credit cards supported: Visa/Mastercard/Diners/Amex credit Cards
- Multi-Currency Support: No
- Withdrawal Fees: Zero
- Settlement days: T+2 days
- Customer Support: Customer support always seems to be busy.
- Documentation required: Extensive list of documents.
- No of Days to start a transaction: 5-7 days
- Supported eCommerce CMS Systems: All major CMS supported
- Mobile App Integration: Android, Windows, and iOS.
11. Mobikwik Payment Gateway:
Mobikwik (formerly known as Zaakpay) Payment Gateway is a popular service for online credit, debit card & internet banking processing transactions. They claim to set up an account in two days.
- Their charge is:
- Annual maintenance Charge: Custom, negotiable.
- Transaction Fee per Transaction: Custom, negotiable.
- Key Features of Mobikwik are:
- International Payment / Credit card Support: All Indian & International Mastercards, VISA, Discover & Diner’s cards acceptable.
- Domestic Credi cards supported: All Indian & International Mastercards, VISA, Discover & Diner’s cards acceptable.
- Multi-Currency Support: No
- Withdrawal Fees: Zero
- Settlement days: T+2 days
- Customer Support: Customer support always seems to be busy.
- Documentation required: New merchant accounts need to provide extensive documentation.
- No of Days to start a transaction:
- Supported eCommerce CMS Systems: WordPress, XCart, Zencart, Prestashop, CScart, Cubecart, OSCommerce, etc.
- Mobile App Integration: Android, Windows, and iOS.
12. Emvantage Payment gateway Service:
Emvantage is a leading Payment PCI-DSS V3.1 certified payment platform in India.
- Their Charges are:
- Annual maintenance Charge: variable charge apply as below.
- Transaction Fee per Transaction: variable charge apply as below.
Emvantage Payment gateway Service Charges in India
- Key Features of Emvantage are:
- International Payment / Credit card Support: Not supported.
- Domestic Credi cards supported: All Indian Mastercards, VISA, Maestro and Rupay cards acceptable.
- Multi-Currency Support: not available.
- Withdrawal Fees: Zero.
- Settlement days: T+2 is the settlement cycle.
- Customer Support: is accessible over weekdays. However, do not expect an immediate solution to your requirement.
- Documentation required: yes.
- No of Days to start a transaction: Approximately a week to start a transaction.
- Supported eCommerce CMS Systems: WordPress, XCart, Zencart, Prestashop, CScart, Cubecart, OSCommerce, etc.
- Mobile App Integration: Android, Windows, and iOS.
13.Razorpay Payment Gateway
Razorpay is the only 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, PayUmoney, Airtel Money, FreeCharge, Ola Money and PayZapp.
Razorpay provides the highest level of tech integration with reasonable price:
- Razorpay Payment Gateway service charges are:
- Annual maintenance Charge: ZERO
- Transaction Fee per Transaction: simple and transparent pricing plan which has no hidden fees: 2% per successful transaction; +1% for International cards, EMI and Amex; No setup fees; No Annual maintenance charges; GST applicable of 18% on the transaction fee.
- Key Features of Razorpay Payment gateway service are
- International Payment / Credit card Support: International approval is a separate process and takes longer, which is subject to the bank’s approval.
- Multi-Currency Support: Does not support
- Withdrawal Fees: Zero
- Settlement days: 3 days in your connected Bank account.
- Customer Support: Chat Support and IVR are available 24/7.
- Documentation required: You can find the documentation list here.
- No of Days to start a transaction: Near to real-time activation. Subject to documents approval.
- Supported eCommerce CMS System: All major ones such as WooCommerce, Magento, CS-Cart, Opencart, Shopify, WHCMS, WordPress, Arastta, Prestashop.
- Mobile App Integration: Mobile SDK’s for Android and iOS via Cordova/Phonegap
14. Easebuzz
Easebuzz is a software platform that allows businesses to have a payment gateway and value-added services. Easebuzz offers services in handling complex payment problems like vendor payments, recurring payments, split payments and multiple value-added services which helps businesses to scale.
KEY FEATURES OF EASEBUZZ PAYMENT GATEWAY ARE AS FOLLOWS –
- Annual maintenance fees – Zero for lifetime
- Transaction Fee per Transaction –
- All Domestic Debit cards (Visa, Master, Rupay, and Maestro) – 1.5% per transaction
- All Domestic Credit Cards (Visa, Master, Rupay, and Maestro) – 2.2% per transaction
- Netbanking (70 + Banks) – 2% per transaction
- UPI (Phone Pe, Bhim, Tex, All banks) – 1.2% per transaction
- Wallets (Paytm, Mobikwik, Jio, Oxygen and 7 more) – 2.5% per transaction
- Post Paid (Pay Later – Ola) – 2.2% per transaction
- EMI (6+ Banks) – 2.5% per transaction
- Time Taken to start transactions – 24 hours. We process only 2-3 documents within KYC and the entire process is online.
- Value-added services – Vendor Payments B2B, Split Payments, Recurring payments for subscription-based business, Application form (CMS) for collection of fees/bills/invoicing amount and smart payment link solution.
- Payment API’s available for all major web-based and mobile-based languages –
- Woocommerce
- PHP
- Java
- Python
- Android
- Code
- iPhone
- .Net
- Prestashop
- Magento 1.0, 2.0
- Open Cart 1.0,2.0,2.3,3.0
- Flutter
We recommend that you go ahead with at least two payment gateways so that your customer has the choice to pay. If you need Payment Gateway integration on your eCommerce store or if you want to develop an eCommerce store feel free to contact us at Intelligize Digital India.