5+ best online Payment Gateway Websites | Whether you have a small or large business choosing a payment gateway is a difficult task. A payment gateway helps you to collect money from your customers, so it is necessary that this payment gateway integrates well with your site, works without any issues, is secure and also fast. It should make the whole process of performing transactions easier and pleasant for the customer. Here we have listed of 5 best online payment gateways that you can use in India.
CCAvenue is one the oldest online payment gateways in India. It was established in the year 2001. It is one of the most popular payment gateways in India. CCAvenue offers over more than 200 payment options including Credit Cards, over 53 banks, over 98 Debit Cards, IMPS, and EMI option as well. The multiple currency processing means that you can collect payments in over 27 major foreign currencies and make it easier for your customer to pay in the currency they are familiar and comfortable with. CCAvenue also provides a multilingual check out page so that you can deliver a localized payments experience for your customers. It supports almost 18 Indian languages and other international languages like Arabic, Chinese, Deutsch, Japanese, Portuguese etc.
The design of the payment gateway can be made to reflect the design language of your business site. You can upload your brand logo and modify the color scheme to make the user feel like they are still on the same site while making their payment. You view the changes as you make them in real time. Some time transactions can fail due to various reasons, the Retry Option provided by CCAvenue gives the user 3 attempts to pay using the same option before asking to choose an alternate payment option. Users can also store their credit and debit card credentials for faster checkouts in the future. The card details are stored in an encrypted fashion so that returning customers only have to enter their CVV during their next transaction. Set up cost is zero for the Start-Up Pro plan and costs 30000 for the privilege plan. There is also an annual maintenance fee that is waived off for the first year. Many businesses like Naukri, MakeMyTrip, and Snapdeal use CCAvenue.
EBS Payment Gateway
The EBS online payment gateway is a part of the Ingenico group that facilitates online purchases from merchant’s website and helps them to collect payment from the end customer. EBS is the first Indian merchant account provider to achieve PCI DSS 3.0 Standards of compliance, making it one of the most secured online service providers in the world. It has recently introduced a setup plan with no fee at all and you can go live in 24 hours so there is no delay in activation.
EBS offers over 100 payment options including Debit and Credit cards, Net Banking, Multiple Currency, Cash Cards, Digital Wallets and even PayPal. When a transaction fails it is tiresome to retype the details, Auto Try does this job for you and completes the transaction. SMART routing of EBS automatically switches transactions to ensure highest success rates. Pre-screening of transactions with advanced algorithms and parameters to process legitimate transactions. Customers can save their credentials so that they need not enter all the card details during their next transaction. An annual maintenance charge of 2400 is applicable every year. Top clients are SnapDeal, FirstCry etc.
Instamojo is an online payment gateway that is used by over 3 lakh businesses in India. It is a multi-channel payment gateway that can be used to receive payments via SMS, Email, Whatsapp, Facebook, and Web sites. Instamojo accepts credit, debit cards, wallets, net banking, and UPI. It is very simple to get payments; you create payment links and share it with customers and get paid. What makes Instamojo attractive to businesses in the absence of annual maintenance fees.
The only downside to using Instamojo is that it does not support International credit or debit cards and neither does it support any other currency other than INR. It does not have any withdrawal fees also. Your money will be deposited in your bank account in 3 days. You can set up an account in under 2 minutes, all that is required are your Mobile number and Bank account. Instamojo also allows you to track your sales, contact your customers with a powerful dashboard. You can embed payment button on your site with just a single line of code. There are stringent internal checks to prevent fraudulent transactions. Instamojo offers small tools like Invoice maker, QR code generator and many more tools to help manage your business efficiently.
PayPal is a global online payment gateway platform with operations in over 200 countries across the world with over 173 million people using it worldwide. If your business caters to customers around the globe or you are expecting orders from international customers you need to have PayPal integrated into your site. PayPal supports over more than 100 currencies and holds funds in their PayPal accounts in 26 currencies. Indian merchants use PayPal to receive funds from foreign customers. There is no cancellation fees, monthly minimums or any other hidden fees. It is integrated with almost all shopping carts and works in 202 countries across the world.
PayPal has two gateway options: Payflow Link and Payflow Pro. The former costs 0$ and the latter costs $25 per month. Under the Payflow Pro plan, you get full control over the checkout process and customize it according to your business. Additional features like fraud protection, recurring billing, and buyer authentication are also provided. PayPal does not support Indian currency and therefore you should choose an international currency as the base currency. There are no withdrawal fees in PayPal. All payments will be deposited to your bank account on a daily basis.
Paytm is India’s largest payments platform processing millions of transactions every day. Paytm rose to prominence due to its customer base with Paytm Cash wallet. It is used highly by small e-commerce merchants. Various payment methods are accepted like Debit and credit cards, net banking, UPI, EMI, Payments bank, Wallet etc. Intelligent routing to switch between gateways and card network. Other features are QR code Scan and Pay method, Pre-Auth, Auto-Debit, Recurring Payments and Instant Payment Button. There are no maintenance fees or setup charges either. All domestic and international cards are supported. Paytm does not support multi-currency as of now. Your money will be deposited in your account in 2-3 days. Paytm also has a very good support team that is available all through the week. Mobile App is available for both Android and iOS.