List Of Best Payment Gateways In India

Before checking the list of payment gateways in India, let’s understand thoroughly what a payment gateway is and how it works.

What is a payment gateway?

A payment gateway simply allows you to accept payment from the customers by debit/credit cards from your online store.

eBay has explained it in detail about how a payment gateway works:

eBay P Gateway 2

Before choosing a payment gateway, you should be aware of PCI DSS (Payment Card Industry Data Security Standards) compliance.

It’s the responsibility of payment gateway service provider to handle the transaction securely. While doing transactions with credit cards, customers’ sensitive information needs to be protected from cyber-thieves.

So payment gateways need to meet the security requirements of card companies. That is why every payment gateway has to be PCI compliant.

“The security benefits associated with maintaining PCI compliance are vital to the long-term success of all merchants who process card payments. This includes continual identification of threats and vulnerabilities that could potentially impact the organization. Most organizations never fully recover from data breaches because the loss is greater than the data itself.”

— Quick Service Restaurant (QSR) Magazine

IMPORTANT RESOURCES

Read PCI compliance FAQs.
See the list of all companies in the world who are PCI compliant from websites of Mastercard and Visa.
Read this article on PCI Security Standards.

It’s important to choose the payment gateway carefully. Below are some of the important factors you need to consider before selecting the right service provider:

The security and popularity of the payment gateway.
Commission and fee structure as per your budget.
Though most of the good payment gateways accept international payments, you need to verify that.
See which payment options and additional features like offline selling support are offered.
Check if the gateway provider offers email support or 24/7 support.

Watch this video:

Following is the list of payment gateways in India:

Main features are highlighted. Visit these sites for details.

DISCLAIMER: The information provided here is based on what is mentioned on the listed websites, is correct at the time of this blog post and may change in the future.

Atom

Headquartered in Mumbai, Atom Technology limited is one of India’s leading payment gateways. It offers a vast range of payment services through online and offline platforms.

BSNL, ICICI Bank, Flikart, Spicejet are are some of its leading clients.

Recently, IRCTC (A govt. of India enterprise) has partnered with Atom to facilitate foreign travellers to use international debit and credit cards for purchasing train tickets.

CCavenue

This is the most popular payment gateway powering over 85% of e-merchants in India. With zero setup fee and activation within an hour and used by online portals like Snapdeal, Shopclues, Godaddy etc., this is ideally the best choice.

Paypal

This is the world’s best and most trusted payment gateway for global selling. Now you can accept local payments in India.

To use Paypal for your online store, you need to open a business account.

Customers who have Paypal account can purchase products from your website with confidence. You can add ‘Paypal Checkout Button’ or use ‘Website Payments Standard’ option. You can also accept payments without website using ‘Invoicing‘, Paypal.me‘ and ‘Email Payments‘ option.

PayUmoney

This is a product of PayU India, a flagship company of $25 Billion Naspers Group, which is ideal for SMBs.

Leading e-commerce companies like JABONG, OLX, ZOMATO are using this payment gateway.

PayUbiz

This is the enterprise edition of PayU India and is used mainly by large enterprises.

More than 80 of the top 100 E-commerce companies like Myntra, Pepperfry, Redbus, OLA etc. are using PayUbiz for their payments.

Pay With Amazon

This is a unique integrated payment gateway and logistics service offered by Amazon for Indian merchants.

Instead of setting up payment gateway on their store, online sellers will be able to give an option to customers to pay with their Amazon account. Merchants will be able to use ‘Easy ship’ logistics service of Amazon to ship the products.

Because of goodwill and trust of Amazon, you will give your customers confidence while making payments.

There is no set up or monthly fee.

Paytm

Some of the top merchants using Paytm wallet are foodpanda, spicejet, taxiforsure, makemytrip, Domino’s etc.

Instamojo

Designed for modern commerce, Instamojo is quite an innovative site which serves more than 1,00,000 businesses. Using Instamojo is very easy and really works like, what the domain name implies- mojo(magic).

This is an excellent platform to sell physical & digital products and services. Just send payment link to customers who will have options to by Netbanking, debit/credit card, wallets and UPI.

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 and multiple value added services which helps businesses to scale.

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 gateways in india

Razorpay

Founded by the bright alumni of IIT Roorkee, Razorpay provides a secure link between your website, various issuing institutions, acquiring Banks and the payment gateway providers.

Paynimo

Powered by TechProcess Payment Services Limited, one of India’s leading online bill payment and payment gateway solutions & services companies, Paynimo offers simple, secure and convenient payment solutions.

As mentioned on their FAQ page this is how you can use Paynimo:

Paynimo

There is no setup or transaction fee. Just pay 2% transaction fee plus taxes.