It seems that the developed e-commerce industry entails a lot of accompanying services, typically in the online payment gateway.
For any online businesses, one thing you just cannot ignore is “THE PAYMENT GATEWAY”. However, the positive point is that India already hosts several companies where the payment gateway comes with a zero setup cost.
Now you must be thinking how to decide which payment gateway in India would be the best for your business.
How to choose the best payment gateway for your business?
A payment gateway is basically a medium between a user’s bank and merchant’s website. Whenever any purchaser puts his/her card details into the site for making the payment, it redirects to the payment gateway where the details get verified with the bank for authenticity purpose and finally the payment gets transferred to the merchant’s bank.
Check out below the list of best payment gateways in India 2018.
1. Citrus Pay Payment Gateway
Citrus pay is the most popular payment gateways in India. It is compatible with almost all types of online payment options and cards such as Mastercard, Visa, American Express and much more. The process used in this gateway is completely secure and fast. Due to the affordable setup fee and low charges, this particular payment gateway is the most preferable option for small businesses.
2. CCAvenue Payment Gateway
CCAvenue is one more famous payment gateway which offers several payment options to the user for making payments. It also supports credit cards such as Visa, Diners Club, Mastercard, Eze Click, etc. The payment gateway page of CCAvenue can be seen in 18 variety of national and international languages. This particular gateway also admits payment in 27 various currencies.
3. PayU Biz Payment Gateway
Formerly termed as PayU, PayU Biz is another payment gateway that permits the merchant to receive and deal with their online payments. It enables you to receive payment in 13 various currencies and manages digital banking of some of the biggest banks of our country. In fact, PayU Biz can be one of the best payment gateways for customers who are mostly using with mobile.
4. Direc Pay Payment Gateway
Direc Pay is a versatile payment gateway designed to accept any kind of debit/credit cards. It also supports net banking payments. This unique payment gateway is not only secure but also enables the user to pay in various currencies.
5. Zaakpay Payment Gateway
Another spectacular payment gateway is Zaakpay. It accepts international as well as Indian MasterCard credit cards, Discover, Visa credit cards, and Diner credit cards. From the security point of view, Zaakpay is an ideal portal where payments can be easily made through a few clicks.
How to make the selection of the best payment gateway?
Below mentioned are the three points which will help you analyze which payment gateway is perfect for you.
The first and foremost thing that a company should take into account is the processing fee. It is the amount which is paid to the company at the time of the transaction. For instance, suppose the company is charging a 2% processing fee i.e. you need to pay Rs. 2 during the transaction.
The next most vital thing that needs to be considered is the payment. The payment gateway that is a perfect one will support almost all famous modes of transaction. Since PayTm is already in the limelight in India, it would be ideal to pick a gateway in which PayTm options are available. It will not only save users but also enhance your rate of conversion.
Company Background Check
Company background is the third most essential thing to check since there are various companies which provide their gateway services to many suspicious services. Availing payment gateway from such companies is not at all recommended.
Above are the top 5 outstanding online payment gateways in India, I hope that the article will give you more information to help you in choosing the best service provider.
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Reference articles from blogs www.internetmarketingschool.co.in