Payment gateways in India
Are you going to start an eCommerce store or selling your product on websites then you will definitely need a payment gateway to collect the payments from your customers. Until a couple of years back, you have to go through lots of documents an verification to setup a payment gateway but now things are much easier. While choosing the right payment gateway you have to keep in mind some of these points
- Easy setup
- User interface
- Types of Payment ( Debit, Credit, eWallet, UPI, Net banking)
Now let us know little about some of the payment gateways in India
PayUmoney is a part of the brand PayU India and has a wallet solution for consumers and payment acceptance solution for SMB businesses. It is simple gateway which make invoices and send payment links to your clients.
Paytm is accessible in 10 Indian dialects and offers online services like mobile recharges , bill payments, travel, movie bookings and store payments. But it will allow payments only with Paytm Wallets.
Paypal support over 100 currency globally. But for an Indian seller Paypal can be useful for collecting international payments only because Paypal dosen’t support Indian Currency.
CC avenue is one of the oldest and largest Payment gateways in India. CCAvenue supports almost every bank and payment options. CCAvenue also allows Multilingual payment page in 18 major Indian and international languages.
This Payment Gateway allows seller to collect payments with or without a website and the annual maintenance charge is zero . Instamojo support multi currency.You can start receiving payment after simple signup with your email
April 13, 2019