Payment Gateway facilitates online transactions between the payer and payee. This technology was introduced by software companies in collaboration with the financial service providers such as Visa, Master Card.
A payment gateway is built from a secured encrypted connection created between your portal and the commercial bank, which enables fund flow through different channels debit card, credit card, internet banking, prepaid cards and mobile wallets.
It is the heartline of online businesses as the digital transaction has become very widely used and relied upon. The user has to fill in the payment details of the holder financial instrument and complete transaction.
Before opting out any payment gateway there are certain factors that should be kept in mind such as subscription charges, payment cycle, plugin compatibility, customer services, transaction success ratio, types of payment that are accepted, which all domestic and international cards are allowed etc.
There are many online payment gateways available in India, but we have rounded Top 10 Payment Gateway Providers in India, for you to make informed decisions.
The tenth position in the list of Top 10 Payment Gateway Providers in India stands Citrus. This company was incepted by Satyen Kothari and Jitendra Gupta and has been in operation since four years.
Citrus offers quick and effective payment process to all its users. It has revolutionized the world of online payment with more than 800 million strong electronically connected user base.
The investors of Citrus are namely, Sequoia Capital, Beenos, E-Context Asia etc.
atom is the brand name owned by Atom Technologies which as an Indian online payment gateway offers a vast range of payment services and solutions on the online platform.
The headquarters of this company is situated in Mumbai, and was founded in the year 2006. The brand is the subsidiary of Financial Technologies Group.
The major USPs of Atom gateway is that it allows multiple payment options, high success ratio, 24/7 support and adding great value in order to boost business.
Eighth in the list of Top 10 Payment Gateway Providers in India stands ZaakPay. The company has its headquarters situated in Delhi.
This budding company aims to simplify the payment involved in the E-commerce platform. The founder and CEO of this panel is Upasana Taku. This is an emerging payment gateway company in India has earned lot of positive responses by the merchants and users.
This is the most famous and widely trusted payment gateway used in India by many businesses, companies, startups, banks etc.
CCAvenue offers a platform that includes more than 100+ payment options, Multiple Currency Processing, Audit, Analytics, Retry Availability & Customization and a large window for active users.
Most of the Indian population involved in the e-commerce platform prefer this payment gateway because it is said to have the highest transaction success rate and reliability.
EBS was established in the year 2005, and has its headquarters situated i n Mumbai. EBS facilitate online purchases from the merchant’s website just like the other gateways.
This Indian merchant has easy integration and customization, fully responsive transaction. It has features like dynamic event notification, various marketing tools, shopping cart plugins which are its USP.
Fifth in the list of Top 10 Payment Gateway Providers in India stands IndiaPay. This company provides a global internet payment platform to provide secures, seamless transaction which makes the transaction easier and quick.
It supports many types of financial transactions such as credit cards, debit cards, net banking, NEFT, cheque. It has other attributes such as a virtual terminal, shopping cart integration, payment security etc.
It is said to be nation’s one of the largest on-demand payments & e-commerce platform. This payment gateway has helped over a million folks in digitally booming transaction processing.
Instamojo was founded in 2012 and allows multi-channel payments gateway enabling startups, businesses. It has more than 1.5 lakh active satisfied users. This company has secured the fourth position in the list of Top 10 Payment Gateway Providers in India.
It offers dynamic features such as switching, intelligent retry, many other cutting edge technology, This company has secured the third position in the list of Top 10 Payment Gateway Providers in India.
It offers other facilities such as store vault card, CVV less transactions, auto OTP read features, PCI DSS compliant, magic retry which are its major USPs.
PayU has a gigantic user base and is being featured next in line. It is one of the fastest growing payments gateways in India. It has many noteworthy customers who are big time commercial biggies such as Snapdeal, Jabong etc.
It offers features such as risk management system, money optimized payment page, IVR Payment, Payment Analytics, Store card feature, Multi-currency gateway, Mobile optimized page etc. It offers four pricing packages available for different cadre fo clients, in case one is looking for options.
Acing the list of Top 10 Payment Gateway Providers in India stands PayPal. It enjoys more than 8 million payments are accounted on a global scale.
This payment gateway has more than 137 million active accounts across worldwide markets offering compatible 26 currencies. The transfer of payments is very easy may it be any part of the world. PayPal has been a choice for most of the Indian e-commerce businesses and even has international customers.