Best Payment Gateway in India

The Top 5 Best Payment Gateway in India in 2020

If you’re looking to promote your business on the digital platform, then all these best payment gateways can help you a lot. Yes, selecting the best payment gateway for small businesses is very important. There are a lot of payment gateways available.

But, selecting the best payment gateway is quite tricky. Here, we will provide you with the top-rated guide on the payment gateways. If you are looking to market your business, it’s essential to choose the payment gateway.

If you select a quality payment gateway, it can help you in several perspectives, including security, business appearance, Smooth payment, and live payment updates with other premium features. So, choosing the best payment gateway is very crucial.

If you’re running an online store, choosing the best payment is crucial because you need to control massive transactions through the payment gateway. And following up on all these payment gateways will provide you with the rated result.

Are you getting all these things very complicated? Don’t worry! Here I’ll provide you with the best guide on this. So, all of your hesitations and queries will indeed be overcome after reading all these things. That’s why you need to stay with us until the end.

What is the Payment Gateway?

Well, it’s silly to cover this point. I hope you have a decent idea about the Payment gateway. But, for the newbie, I should tell about the basic of payment gateway.

A payment gateway is a Payment application that helps in circulating all kinds of payment status. It helps in processing the payment system, and it’s very crucial this do because many items have been done through this.

It’s a mediator that verifies all the customer, clients, or buyers’ payment details and confirms it from the bank’s side. And, it circulates the money from the buyer’s account to the merchant account.

And, all these things happened live. So, you’ll get all the current or live information about all the transactions. In this way, payment gateways help in circulating and processing the payment.

Factors You Should Checkout before Selecting a Gateway

Well, before selecting the best payment gateway, you need to follow up on some factors. Here, I’ll provide you with those factors.

All these listed payment gateways come with different modules, features, processing costs, and other factors. So, you need to check out all these features of payment gateways before selecting the best one.

Overall Cost Determination

Overall cost determination is an essential factor that you need to check out before selecting the best gateway for you. Here, it comes with a setup fee, annual fee, processing charges, discounts sector, and other things.

All these things are different on each and every platform. So, before choosing the best gateway platform, it’s essential to check all these things. It’ll also help you in getting the supreme-level cost-effective service.

This will surely provide you with the rated service, and you’ll get to experience the top quality of pocket-friendly user experience with all these features. So, you can use any of these payment gateways for sharing a full class service.

User-Interface and Settlement period 

It’s essential to check out the interface of the payment gateway. Always try to go with the payment gateway that comes with a user-friendly interface. It’ll surely provide you with the best-rated service because your buyers won’t face any complications.

You will experience the best service with the easy to use interface. This interface also plays a significant role in the conversion. That’s why we strongly suggest going with the payment gateway that comes with easy to use interface.

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Knowing the settlement period is very significant. Try to go with the payment gateway that comes with a short settlement period. So, you can choose any of these payment gateways because, with these gateways, you’ll get live updates.

Mobile app compatibility and Multiple Payment Options

All these gateways come with the premium application. So, you can control all the things entering into the application. And, it’ll turn all the things easier for you. So, you can go with any of these impressive payment gateways.

If you don’t have any technical knowledge and set-up all the things, you can take their executive’s help. From there, you’ll surely get a strong suggestion and provide you with the best-rated service.

All these listed payment gateways come with multiple payment options, including Credit/Debit cards, Net banking, mobile wallets, UPI, EMI options. So, this feature will surely provide you with the top-rated service.

SMS Support and After-Sale Support

If you any of these payment gateways, you’ll surely get SMS support about each transaction. It’s quite impressive with all these payment gateways. If you enable the mail update, it’ll also provide you with the update the right way.

It comes with the live update, and you’ll get to control all the things, including the user data, payment information, time, and others. So, this SMS support will help in improving the user as well as merchant experience.

If you want to provide impressive after-sales service to your consumers and buyers, then you can strive for data from the gateway, including the phone number and email. So, you can directly contact your clients without much effort.

Best Payment Gateway in India

Here, we are going to rank all those super impressive payment gateways in India. You can use any of these payment gateways to enhance your overall business status.

CASH FREE

CASH FREE is one of the biggest and top quality payment gateways in today’s time. It’ll provide you with the best-rated user experience and quality service at the time of collecting and distributing money. So, it’ll surely provide you with the rated service.

You can use both the website and application o cash-free. And, you’ll get to watch all kinds of status over there. And track all the activity of your audience with this super impressive payment gateway. That’s why this payment tool has such immense popularity.

You can add several eCommerce CMS systems and also integrate Shopify. So, this will surely provide you with the rated service by charging a minimum amount of money. That’s why you can use Cash free to experience such an impressive service.

Here, you’ll get to see more than 100 payment options. This specific thing makes this platform more impressive. So, you can go for this particular gateway for experiencing all the top-class service. You’ll surely get the top-rated features on this platform.

Settlement Time

24-48 hours

Transaction Fees

  • UPI, Digital wallets, Net banking, and selected Credit/Debit cards [1.9%]
  • Pay later and Cardless EMIs [2.5%]
  • International Credit/Debit cards [3.5%]

Brands that Uses Cash free Payment Gateway

Dunzo, Xiaomi, Zoom car.

RAZORPAY

If you’re looking for the best payment gateway for small businesses, then Rozorpay would be an impressive choice for you. So, if you use this specific service, then your overall experience will undoubtedly be improved.

Well, it’s a new player in this gateway marketing field. But it’ll provide you with the top-rated result to you exchanging a lesser amount of money. So, you can use this payment gateway to boost up your business.

Here, it comes with multiple payment options. And, by using this payment gateway, you’ll get a faster transaction processing that will surely provide you with the rated user experience. That’s why you can choose this platform for you.

It comes with an instant support feature. So, if you face any trouble with this payment gateway, you use this feature to reach the executive of Rozorpay, and it’ll surely provide you with the rated experience at the time of using this.

Settlement Time

Three days.

Transaction Fees

  • UPI, Digital wallets, Net banking, and selected Credit/Debit cards [2%]
  • Pay later and Cardless EMIs [3%]
  • International Credit/Debit cards [18%]

Brands that Uses Rozorpay Payment Gateway

IRCTC, Grofers, Zoho, Goibibo.

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INSTAMOJO Payment Gateway

INSTAMOJO is my favorite payment gateway that I use on my eCommerce site. Yes, it’ll surely provide you with the rated user experience. It’s pretty easy to use due to the user-friendly interface and features.

It comes with multiple advanced features and a quality appearance. So, you can control all the things over here. The ultimate elements of Instamojo will provide you with the best-rated service exchanging a minimum amount.

This platform comes with top-level security. Well, you will not get to face any fraud and other things with this super impressive platform. And, it’ll surely provide you with the best-rated service.

It also allows all kinds of payment gateways and payment options. So, this will surely provide you with the best-rated service. The customer care service of this platform will indeed impose on you. Here, you’ll get an instant reply from customer care executives.

Settlement Time

Three days.

Transaction Fees

  • UPI, Digital wallets, Net banking, and selected Credit/Debit cards [2%]
  • Pay later and Cardless EMIs [3%]
  • International Credit/Debit cards [18%]

Brands that Uses Instamojo Payment Gateway

Dunzo, Alt news, Adani Realty

CCAVENUE

CCAVENUE is one of the largest payment gateways in India. If you’re looking for the best payment gateway that comes with multiple currencies acceptability, then without a single doubt, you can go for this premium service.

It allows more than 27 currencies, including Euro, American Dollar, Pound Sterling, and UAE Dirham. So, it’ll surely provide you with the rated service by charging a minimum amount of money. That’s why we have pinned this platform over here.

The user-friendly interface and premium appearance will significantly allow you to do all kinds of updates over here. Here, it comes with a dedicated dashboard through which you can control all these things and features.

It allows all kinds of payment systems like other previously listed gateways. The overall appearance and significant features provide it with the top-rated service. So, you can go for this premium gateway to experience quality service.

Settlement Time

One week.

Transaction Fees

  • UPI, Digital wallets, Net banking, and selected Credit/Debit cards [2%]
  • Pay later and Cardless EMIs [2%]
  • International Credit/Debit cards [3-4%]

Brands that Uses CCavenue

Lakme India, Airtel, Book my show, Myntra.

EBS

EBS is considered the rising star of the payment gateway system. And, it’ll surely provide you with the rated service by a tinny amount of money. So, this platform has such quality popularity among the folks.

It’s a secure platform with the ultimate feature and provides you with the rated service. The overall features, appearance, and interface of this gateway make it more impressive. So, you can choose this premium service for you.

If any payment process becomes a failure, then it active auto-retry; it’ll redirect to another page through which you can alter the payment system. It’s an impressive feature of this platform and provides you with the best service.

Here, you’ll get to see almost all payment options. You can choose any of those payment options. And, this will surely provide you with rated service, and it charges a less minimum amount. That’s why we strongly suggest this payment gateway.

Settlement Time

2-3 days

Transaction Fees

  • UPI, Digital wallets, Net banking, and selected Credit/Debit cards [2%]
  • International Credit/Debit cards [3-4%]

Brands that Uses EBS Payment Gateway

Sikkim tourism and J&K tourism Development Corporation

Closing Thoughts about Best Payment Gateway

Choosing the best payment gateway is quite tricky. If you follow up on some points, it’ll surely provide you with the rated result. Before selecting the best payment gateway for small businesses, you need to follow up on all the essential payment gateway factors.

Here, we have provided you with the ultimate guide on the best payment gateways. Yes, we have also included the list of the top 5 best payment gateways and the features you consider before choosing a quality platform.

I hope you like this overall discussion on the payment gateway. If you like, then don’t forget to share this with your friends. If you have any questions related to these gateways then reach us via comment. Stay tuned for the next update, and thanks for reading.

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