Hello E-commerce Friends,
Setting up an E-commerce store involves a lot of stuff to consider. One of them is selecting a payment gateway to accept online payments from customers.
With the rise of digitalization, mobile usage, and more perception of cashless payments, people find digital payments more favorable.
A couple of years ago, setting up payment gateways in India was a daunting task. It required verification, documentation, technical knowledge, and a large setup process. But now, setting up a payment gateway for online businesses has become a no-sweat task.
Contents
In India, there are numerous payment gateways to allow customers to pay online smoothly. Here, we have filtered out the 10 Best Payment Gateways India in 2022.
| Payment Gateway | Settlement Time | International Transaction Fee |
| Razorpay | 3 Days | 3% + 18% (GST) |
| PayTM | 2 – 3 Days | Not supported |
| CCAvenue | 7 Days | 3% – 4% |
| PayU India | 2 Days | 3% + GST |
| PayKun | 1- 3 Days | 3% |
| Instamojo | 3 Days | 3% + INR 3 |
| Cashfree | 24 hours – 48 hours | 3.5% + INR 7 |
| Billdesk | 3-5 days | 0.90% + INR 5 |
| EBS | 2 – 3 Days | INR 7 |
| PayPal | Auto-withdrawn on a daily basis | 4.4% + US$0.30 + Currency conversions charges |
Let’s learn more about them.
Here are some of the popular and hand-picked Payment Gateways in India.
Razorpay is one of the exclusive payment gateways in India that offers online businesses to manage the entire process of payments including accepting, processing, and distributing payments effortlessly with its product suite. Setting up Razorpay is very simple and it accepts all types of international cards. Another advantage of Razorpay Payment Gateway is that it easily integrates on all platforms and plugins for major E-commerce platforms.
Key features:
Leading brands using Razorpay Payment Gateway:
Facebook, Airtel, Swiggy, Zerodha, Curefit, Disney-Hotstar, 1mg.
PayTM is another payment gateway that supports all types of payment options including debit card, credit card, net banking, UPI, wallet. The store merchants can start accepting payments from customers in minutes with no documents and no onboarding charges.
Key Features:
Top brands using PayTM Payment Gateway:
Adani, Jio, Zomato, Oyo, Uber, Swiggy, and more
CCAvenue is another popular payment gateway in India that supports 200+ payment options including 6 Credit Cards, 58+ Net Banking, 97+ Debit Cards, 13 Prepaid Instruments, 15 Bank EMI. It also supports 27 major currencies for payment so as to accept worldwide payments from customers.
Integrate the CCAvenue Payment Gateway for Magento 2 which will enable you to help customers pay via various payment methods. Multilingual language support of over 18 major Indian and International Languages.
Key Features:
Top brands using CCAvenue Payment Gateway:
Baggit, Myntra, Lakme, Airtel, Vistara, Starbucks, and more.
PayU is India’s most scalable and stable payment gateway solution that is suitable for all types of businesses. PayU payment gateway accepts online payment with no development effort, easy sign-up, and a quick onboarding process.
Key Features:
Top brands using PayU Payment Gateway:
Netflix, Ola, RedBus, BookMyShow, Airbnb, Dream11, and more
PayKun has been included amongst the best payment gateway providers in India. It supports 120+ payment options to make an online payment. PayKun involves easy integration and a smooth onboarding process.
Key Features:
Top brands that use Bill Desk Payment Gateway:
IELTS, Brahma Kumaris, AAN, Gujju Kirana, and more.
The major benefit of Instamojo is that you can even create a merchant account without having a website. It is a suitable payment gateway for all sizes of businesses to easily accept payments from their customers.
Key Features:
Top brands using Instamojo Payment Gateway:
Urbanclap, Springboard, Adani, Dunzo, Shriram Properties, Zepo, and more
Cashfree is the top payment gateway that helps businesses to accept and distribute payments. Supports 100+ payment options and 30+ international currencies. It also supports CMS platforms like Magento, Shopify, WooCommerce.
Key Features:
Top brands that use Cashfree Payment Gateway:
Delhivery, Xiaomi, Zoomcar, Dunzo, BigBasket, and more
Billdesk by IndiaIdeas is one of the most relied-on online payment labels in India. The firm was founded in 2000 and specializes in handling frequent fees. Accumulate bills or uniform payments from your consumers utilizing the Billdesk payment gateway.
Key Features:
Ingenico ePayments India Private Limited is the first Indian merchant account provider to achieve the PCI DSS 3.0 standards of compliance. It is also certified by security and process adherence followed and audited by ISO 27001- 2013 standard. Hence, it is one of the secure payment providers in the world.
Collect payments from your Magento customers securely with the help of EBS Payment Gateway for Magento 2.
Key Features:
Top brands that use EBS Payment Gateway:
Kerala, babyoye, Sikkim tourism, Policybazaar, FirstCry, J&K tourism, and more
PayPal is the global payment gateway to accept payments from all over the world. It supports 200+ countries and is trusted by over 377 million active, registered accounts. That is why if you are accepting payments from customers worldwide, PayPal is a great payment gateway option for your E-commerce store.
Key features:
Top brands using PayPal Payment Gateway:
MakeMyTrip, Firstcry, PVR cinemas, Yatra, and more
With the rise of digitalization, online payments are rapidly increasing. Apart from payment gateways, there are options for wallets to accept money. While choosing a payment gateway you should give importance to the payment options that provide ease of integration and customer support.
Grab the Magento 2 Payment Gateway Integration Service and let us do all the payment integration work for you!
I myself would recommend 2 or more payment gateways to choose from for your E-commerce store in order to provide flexible options of payments to customers.
Happy Reading!
Generating image thumbnails is a common requirement in web applications, especially when handling media-heavy content.…
In today’s digital landscape, web application security is paramount. As a powerful PHP framework, Laravel…
October was an exciting month for MageComp! From significant updates across our Magento 2 extension…
In modern web development, seamless navigation and state management are crucial for delivering a smooth…
Magento Open Source 2.4.8 beta version released on October 8, 2024. The latest release of…
Hello Magento Friends, Creating catalog price rules programmatically in Magento 2 can be a valuable…
View Comments
i am looking a payment gateway for my freelance website