Best Payment Gateways In India&Comparison
If you are setting up an eCommerce store or selling digital products from your website, you’ll need a payment gateway to accept payments from your customers.
BY Analysing the best payment gate ways in India we have
picked 5 best Payment Gateways suitable for small businesses and also compared them
PayUMoney
PayUmoney is the consumer brand of PayU India and has a wallet solution for consumers and payment acceptance solution for SMB businesses.
Setup Fee : For PayUBiz, plans starts from Rs. 4900 and go upto Rs. 29000. For PayUMoney, its Zero.
Annual Maintenance Fee: For PayUBiz, its Rs. 2400. For PayUMoney, its Zero.
Transaction Fee: For PayUBiz, its between 2.20% to 3.90% based on the plan. For PayUMoney, its 2%.
Instamojo
Instamojo is super easy to set up. They have recently introduced instant onboarding. you don’t require any documentation to begin a trial account with Instamojo, simply answer a few questions and get started in minutes
Create your free account with Instamojo.
Setup Fee : Zero
Annual Maintenance Fee: Zero
Transaction Fee: 2% + Rs.3
CCAvenue
CCAvenue supports almost every bank and payment option out there. It’s reliable and used by high volume eCommerce websites like Snapdeal
Setup Fee : Zero for Startup Pro Plan, Rs. 30,000 for Privilege Plan
Annual Maintenance Fee
Transaction Fee: From 1.99% + Rs.3 to 2.99% + Rs.3
Billdesk
Billdesk was incepted in 2000 in Mumbai and provides payment gateway solutions to customers and merchants in e-commerce, retail, financial services, etc
- Setup Fee : free
- Annual Maintenance Fee
- Transaction Fee:custom
PayPal
PayPal is a great choice for startups and small vendors as it pools money from all its merchants into a single aggregate account.
- Setup Fee : free
- Annual Maintenance Fee
- Transaction Fee: charges 3.9% plus an additional fee for international payments
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