India

Indian payout ecosystem with payment gateway list has grown literally fantastically, with support from innovations in digital infrastructure of the country, mobile technology, and government initiatives such as UPI, which is basically offering tremendous ease and abolishing manifold intermediaries between any two parties involved in a payout transaction.

By 2023, India will make nearly46% of all real-time payment transactions worldwide. Digital payments are becoming the best payment gateway in India, from urban centers to rural towns, thereby positioning India as a global leader in new methods of payments​.

The following table provides key indicators of India's e-commerce landscape:

  • 👤 Population:
    Over 1.4 billion
  • 🛒 Percentage of Online Shoppers
    750 million e-retail shoppers
  • 🛍️ Popular Product Categories:
    Electronics, Fashion, and Grocery
  • 💰 Consumer Spending:
    INR 12– INR 14 trillion

What is a Payment Gateway?

Payout gateway is the medium through which the digital payments can pass between customer and merchant. More precisely, it just enables customers to make online transactions, authorizing the flow of money from their banks into themerchant’s account. Payout gateways in India are assuming considerable importance; more so because people are depending a lot on e-commerce & small business digital payments.

Things to Keep in Mind When Picking a Payment Gateway in India

Deciding on the best payment gateway in India entails considering several elements:

  • Transaction costs.Payment gateways usually levy a percentage fee on each transaction. Businesses must choose a gateway that balances fees with features.
  • Integration ease. A gateway should easily integrate with e-commerce platforms, apps, websites etc​.
  • Transaction methods supported. Gateway should support local methods likeUPI, credit cards or digital wallets​.
  • Security & compliance.Adherence to regulations likePCI DSS &data protection laws ensures secure transactions​.
  • Customer assistance.Prompt and effective support is crucial, particularly when resolving conflicts or addressing technical challenges.

In the ever-evolving Indian digital landscape, the right payout gateway is a key business success​ enabler.

Best Payment Gateways in India

There is a wide range of top payment gateways in India that cater to different business needs. The main payment gateway companies in India are:

  • Paykassma
  • PayPal;
  • HDFC SmartGateway;
  • Stripe;
  • IMPS (Immediate Payment Service);
  • UPI;
  • Razorpay;
  • MobiKwik;
  • BillDesk;
  • PhonePe;
  • Cashfree;
  • Paytm;
  • Easebuzz;
  • Instamojo;
  • PayU;
  • CCAvenue;
  • NTT DATA;
  • OPEN;
  • Airpay;
  • Zaakpay;
  • PayGlocal;
  • Nimbbl;
  • PayKun;
  • DirecPay;
  • ePaisa.

Below, we’ll delve into how many payment gateways in India and major types payment gateways in India, including their features, pros & cons, and setup fees for payout gateway.

🔥 Paykassma

Website:https://paykassma.com/

Paykassma has been a leading payment processing solution since 2019, serving India, Bangladesh, Indonesia, Vietnam, South Africa, Brazil, and many other countries. Specializing in high-risk payments, Paykassma offers reliable and secure solutions tailored to industries with elevated financial risks.

FeatureDetails
Payment MethodsBank transfers, cryptocurrency options like BTC and USDT, UPI, Paytm, PhonePe by number, IMPS
Registration DocumentsVerification of business and bank accounts
Settlement PeriodT+0, instant payment processing, user payouts, and withdrawals in BTC/USDT or via bank transfer anytime
Mobile App IntegrationCompatible with both iOS and Android devices
Onboarding TimeTypically fast, with account setup and verification finalized in a few days
Customer Support24/7/365 support via phone, email, and chat
E-commerce Platforms SupportedCompatible with customizable Payment Page
Other IntegrationsEasy integration via API
DashboardIntuitive interface offering transaction history, analytics, and account management tools

Paykassma Features & Services:

  • Over 4 billion potential customers in the most promising markets.
  • Instant payment processing, user payouts, and withdrawals in BTC/USDT or via bank transfer anytime.
  • Easy integration via API or a customizable Payment Page.

Paykassma provides online payment solutions for any industry, service and website.

Pros:

  • Conversion growth: +20%
  • Turnover increase: x100 in a week
  • 99.9%+ successful transactions
  • No rolling reserves
  • No holds
  • Settlement period: T+0
  • 24/7/365 support

Paykassma knows how to make payment processing truly reliable, regardless of transaction volume.

Cons:

  • Restricted to certain payment methods.
  • Internet connection required for online transactions.

This mobile-focused solution may be challenging for individuals with limited internet access.

Setup Fee: Free

Requirements:Businesses must be legally registered in India and comply with all requirements, including enrolling through Wing’s business partner programs.

Accepted transaction methods:Bank transfers, cryptocurrency options like BTC and USDT, UPI, Paytm, PhonePe by number, IMPS.

Availability:While Paykassma operates globally, it focuses on India, delivering customized payment solutions to address the specific needs of this market.

Supported currencies:The platform facilitates transactions inIndian Rupee (INR) andUS Dollar (USD), the main currencies for e-commerce in India.

🔥 PayPal

Website:PayPal
Most people think that the answer to which payment gateway is best in India is PayPal. It supports cross-border transactions plus has over 325 million active users.

FeatureDetails
Payment MethodsCredit and debit cards, PayPal balance, bank transfers
Registration DocumentsBusiness and bank account verification
Settlement PeriodTypically instant for PayPal balance; bank transfers may take 1-3 business days
Mobile App IntegrationAvailable for iOS and Android platforms
Onboarding TimeGenerally quick; account setup and verification can be completed within a few days
Customer Support24/7 support via phone, email, and chat
E-commerce Platforms SupportedCompatible with major platforms like Shopify, WooCommerce, Magento, and more
Other IntegrationsSupports integrations with accounting software, invoicing tools, and various APIs
DashboardUser-friendly interface providing transaction history, analytics, and account management

PayPal Features & Services:

  • Supports over100 payment currencies in 56 currencies.
  • Offers buyer protection, dispute resolution, plus multi-currency transactions.
  • Integrated invoicing with recurring billing features for businesses.

Pros:

  • Extensive global reach, ideal on international transactions.
  • Easy integration with most e-commerce platforms.
  • High-security standards withPCI-DSS compliance.

Cons:

  • Elevated transfer costs, especially for cross-border payments.
  • Not optimal for domestic payments in Bharat due to restrictions.

Setup Fee:Free

Requirements:Business & bank account verification.

Accepted transaction methods: Credit & debit cards, PayPal balance, bank transfers.

Availability:Available in 200+ countries, including Bharat.

Supported currencies: 56 currencies, including INR, USD, EUR, plus GBP.

🔥 HDFC SmartGateway

Website:HDFC SmartGateway
HDFC SmartGateway is an online payment gateway in association withHDFC Bank. It enables professional and seamless digital transaction capabilities for any business around the world. This one of the most reliable payment gateway companies supportsover 150+ payoutoptions.

FeatureDescription
Payment MethodsUPI, credit cards, debit cards, Net Banking, wallet-based payments, Scan and Pay, PayZapp, SMS/Email to Pay
Registration DocumentsHDFC Bank account, business verification documents
Settlement PeriodTypically 2-3 business days, depending on the payment method and agreement terms
Mobile App IntegrationSupports mobile-optimized payment pages and integration with mobile applications
Onboarding TimeVaries based on business verification; generally a few days to a week
Customer SupportDedicated in-house support team providing professional support for all queries
eCommerce Platforms SupportedCompatible with various eCommerce platforms; specific integrations may require additional development
Other IntegrationsOffers APIs for integration with ERP systems and other business applications
DashboardProvides a merchant console with real-time transaction tracking, detailed reports, and analytics

HDFC SmartGateway Features & Services

  • Supports multiple payout methods like cards, Net Banking.
  • Provides real-time analytics plus PCI-DSS level security.
  • Dynamic routing between gateways to maximize success rates.

Pros:

  • High success rates due to dynamic routing.
  • Supports multi-currency transactions.
  • Easy integration and developer-friendly documentation.

Cons:

  • Slightly complex setup process for new users.
  • Customer support response times could be improved.

Setup fee: Free (on basic plan)

Requirements: HDFC Bank account, business verification.

Accepted transaction options: Debit cards, Electronic wallets.

Availability: Bharat plus international regions.

Supported currencies: INR, USD, EUR etc.

🔥 Stripe

Website:Stripe
Stripe is one the best payment gateways in India. It delivers best-in-class developers’ tools with unparalleled personalization options. Highly popular for online and in-person transactions, its seamless integrations with mobile apps​ end.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, wallets, and over 100 international payment methods.
Registration DocumentsBusiness verification documents and completion of KYC procedures.
Settlement PeriodTypically 2-7 business days, depending on the country and bank.
Mobile App IntegrationOffers SDKs for iOS and Android for seamless mobile integration.
Onboarding TimeQuick onboarding with a straightforward verification process.
Customer Support24/7 email, chat, and phone support.
eCommerce Platforms SupportedIntegrates with platforms like Shopify, WooCommerce, Magento, and more.
Other IntegrationsSupports integrations with accounting software, CRM systems, and other business tools.
DashboardProvides a comprehensive dashboard for real-time analytics and reporting.

Stripe Features & Services

  • Supports over 100 payout methods, including UPI or international cards.
  • Fraud prevention using machine learning with real-time analytics.
  • Easy integration with customizable developers’ UIs.

Pros:

  • Excellent regarding both startups plus large enterprises.
  • OffersA/B testing with flexible checkout page designs.
  • No installation costs or yearly maintenance fees.

Cons:

  • Can be challenging regarding non-technical users to navigate.
  • High fees on disputed transactions.

Setup fee:Free

Requirements: Business verification & KYC completion.

Accepted transaction methods: Credit/debit cards, Net banking, wallets.

Availability: Globally, including Bharat.

Supported currencies: 100+ currencies, including INR, USD, GBP.

🔥 IMPS (Immediate Payment Service)

Website:IMPS
IMPS is a real-time immediate payment service offered by theNational Payments Corporation of India (NPCI). As one of the most popular payment gateway providers in India it allows 24/7 bank transfers on bothP2P & P2M transactions​.

FeatureDetails
Payment MethodsBank transfers via mobile banking, internet banking, and ATMs.
Registration DocumentsActive bank account with a registered mobile number.
Settlement PeriodInstantaneous settlement in real-time.
Mobile App IntegrationSupported through banks' mobile banking applications.
Onboarding TimeImmediate, upon registration for mobile or internet banking services.
Customer SupportProvided by individual banks offering IMPS services.
eCommerce Platforms SupportedIntegration possible through banks' payment gateways.
Other IntegrationsCompatible with various banking channels and third-party payment apps.
DashboardAccount activity accessible via bank-provided online platforms.

IMPS Features & Services

  • Immediate fund transfers 24/7, even on holidays.
  • Accessible through mobile apps, internet banking, ATMs.
  • Secure transactions through two-factor authentication.

Pros:

  • Available 24/7 regarding real-time transfers.
  • Low-cost transactions.
  • Supported by all major banks.

Cons:

  • Limited international payout support.
  • Mostly used for Indian bank-to-bank transfers.

Setup fee: -

Requirements: Linked bank account.

Accepted transaction methods: Bank transfers via mobile, Net Banking, ATMs.

Availability: Bharat.

Supported currencies: INR.

🔥 UPI (Unified Payments Interface)

Website:UPI
UPI is a real-time payout system that facilitates interbank transfers through mobile devices. It is one of the most popular according to the list of payment gateways in India. It processes billions of transactions monthly​.

FeatureDescription
Payment MethodsInstant bank transfers, QR code payments, in-app payments.
Registration DocumentsValid bank account linked to a mobile number.
Settlement PeriodReal-time settlement.
Mobile App IntegrationCompatible with various apps like PhonePe, Google Pay, Paytm, and more.
Onboarding TimeQuick setup; typically a few minutes to link bank account and create UPI ID.
Customer SupportSupport provided through respective UPI-enabled apps and participating banks.
eCommerce Platforms SupportedWidely supported across major Indian e-commerce platforms.
Other IntegrationsIntegration with utility bill payments, mobile recharges, and more.
DashboardUser-friendly interfaces within apps to view transaction history and manage accounts.

UPI Features & Services

  • Supports instant bank transfers plus QR code-based payments.
  • No transaction fees.
  • Available across multiple apps, such asPhonePe orGoogle Pay.

Pros:

  • Widely accepted across India.
  • Simple, quick transactions.

Cons:

  • Limited international payment’s support.
  • Subject to fraud if not used cautiously.

Setup fee: -

Requirements:Bank account linked to UPI-enabled app.

Accepted transaction methods:Bank transfers, QR codes, in-app payments.

Availability: Bharat with selected international markets.

Supported currencies: INR.

🔥 Razorpay

Website:Razorpay
Razorpay is an Indian leading company in payment gateway list India, which offers a whole gamut of solutions related to making payments for businesses, especially SMEs. It provides easily integratable APIs across various platforms.

FeatureDetails
Payment MethodsCredit cards, debit cards, UPI, net banking, e-wallets, EMI
Registration DocumentsKYC documents including identity proof, address proof, and business-related documents
Settlement PeriodStandard settlement period is T+2 days; instant settlement options are available
Mobile App IntegrationProvides SDKs and APIs for seamless integration with mobile applications
Onboarding TimeTypically 2-5 days, subject to verification and approval processes
Customer Support24/7 support via email, chat, and phone
eCommerce Platforms SupportedShopify, WooCommerce, Magento, and other major e-commerce platforms
Other IntegrationsSupports integration with accounting software, CRM systems, and other business tools
DashboardUser-friendly dashboard offering real-time analytics, transaction tracking, and reporting

Razorpay Features & Services

  • Supports credit cards, debit cards, UPI, net banking, ewallets.
  • Subscription payments with recurring billing options.
  • Advanced fraud detection plus prevention mechanisms.

Pros:

  • Easy integration with popular platforms like Shopify or WooCommerce.
  • Developer-friendly APIs.
  • No setup or annual maintenance fees.

Cons:

  • Higher transaction fees regarding certain card types.
  • Limited international support compared to global competitors.

Setup fee:Free

Requirements:KYC verification.

Accepted transaction methods:Credit/debit cards, UPI, wallets, EMI.

Availability: Bharat.

Supported currencies:INR, USD, GBP etc​.

🔥 MobiKwik

Website:MobiKwik
MobiKwik is one of the top 5 payment gateways in India that allows users to pay online and in-store using their wallet balance. It’s widely accepted on P2P &B2B transactions​.

FeatureDetails
Payment MethodsCredit/Debit Cards, UPI, Net Banking, Wallets, Pay Later options
Registration DocumentsMobile number verification and KYC documentation
Settlement PeriodTypically 2-5 business days
Mobile App IntegrationSupports Android, iOS, and Windows platforms
Onboarding TimeAccount activation within 24 hours
Customer SupportAssisted onboarding and priority support for enterprise clients
eCommerce Platforms SupportedWordPress, Magento, Java, PHP, Asp.Net
Other IntegrationsSMS and email-based payments, API integration
DashboardProvides insights into user behavior and portal performance

MobiKwik Features & Services

  • OffersUPI integration, mobile wallet payments, and credit through MobiKwik ZIP.
  • Supports bill payments, recharges, plus online shopping.

Pros:

  • Easy merchant’s integration.
  • Wide user base across India.
  • Credit facility through ZIP for consumers.

Cons:

  • Limited support on international transactions.
  • Higher transaction fees regarding wallet payments.

Setup fee:Free

Requirements: Mobile number verification & KYC.

Accepted transaction methods:Credit/debit cards, UPI, wallets.

Availability: Bharat.

Supported currencies: INR​.

🔥 BillDesk

Website:BillDesk
BillDesk is a very well-recognized payment service provider in India, which was majorly used for paying utility bills and recurring transactions. It facilitates flawlessly whole processing of payments between buyers and businesses.

FeatureDetails
Payment MethodsCredit/debit cards, net banking, UPI, wallets
Registration DocumentsKYC documents, business registration certificates
Settlement PeriodTypically 3-5 business days
Mobile App IntegrationLimited support; primarily web-based services
Onboarding TimeVaries; generally requires thorough verification
Customer SupportAvailable via email and phone; response times may vary
eCommerce Platforms SupportedLimited direct integrations; may require custom development
Other IntegrationsPrimarily focused on utility and recurring payments
DashboardProvides transaction monitoring and reporting features

BillDesk Features & Services

  • Supports a wide range of payout methods, including cards, net banking, wallets.
  • Real-time transaction monitoring and reporting.

Pros:

  • Trusted by major banks and payment providers in India.
  • Secure,PCI-DSS compliant platform.
  • Ideal on recurring and utility payments.

Cons:

  • Not as flexible for e-commerce solutions compared to newer competitors.

Setup fee: Free (Startup plan)

Requirements:KYC for merchants.

Accepted transaction methods: Credit/debit cards, net banking, UPI.

Availability: Bharat.

Supported currencies:INR​.

🔥 PhonePe

Website:PhonePe
PhonePe is the answer to which is the best payment gateway in India. It supports a variety of payout methods including UPI, credit/debit cards, wallets​.

FeatureDetails
Payment MethodsUPI, credit/debit cards, net banking, digital wallets
Registration DocumentsBusiness PAN, GSTIN, bank account details, and other KYC documents as required
Settlement PeriodTypically T+2 days (transaction day plus two working days)
Mobile App IntegrationProvides SDKs and APIs for seamless integration with mobile applications
Onboarding TimeQuick onboarding process, often completed within 3 days
Customer SupportOffers robust support through various channels, including email and phone
E-commerce Platforms SupportedCompatible with major platforms like Shopify, WooCommerce, and Magento
Other IntegrationsSupports integration with various business tools and platforms for enhanced functionality
DashboardUser-friendly dashboard with real-time analytics and reporting features

PhonePe Features & Services

  • UPI-based payments, bill payments plusP2P transfers.
  • Supports QR code-based transactions.

Pros:

  • Large user base across IN.
  • Easy to use with multiple integrations.
  • No transaction fees for UPI.

Cons:

  • Limited international support.
  • Primarily focused on mobile payments.

Setup fee: Free

Requirements: UPI-enabled bank account.

Accepted transaction methods:UPI, credit/debit cards, wallets.

Availability:Bharat.

Supported currencies: INR​.

🔥 Cashfree

Website:Cashfree
Cashfree offers one of the widest payment gateway list in India. It supports online/offline payments and is known for its fast payouts​.

FeatureDetails
Payment MethodsSupports credit/debit cards, net banking, UPI, and electronic wallets
Registration DocumentsKYC for businesses
Settlement PeriodSame-day settlements
Mobile App IntegrationProvides easy developer’s integration for mobile apps
Onboarding TimeQuick setup with no setup fee
Customer SupportCustomer service available, though response times may occasionally be sluggish
E-commerce Platforms SupportedIntegrates with major e-commerce platforms in India
Other IntegrationsExtensive payout options, supports both online and offline payments
DashboardIncludes a comprehensive dashboard with real-time insights on transactions and payouts

Cashfree Features & Services

  • Supports credit/debit cards, net banking, UPI, electronic wallets.
  • Instant refunds and same-day settlements.

Pros:

  • Fast payout cycles.
  • Extensive payout method options.
  • Easy developer’s integration.

Cons:

  • Minimal presence beyond India.
  • Customer service response times may occasionally be sluggish.

Setup fee: Free

Requirements:KYC for businesses.

Accepted transaction methods: UPI, wallets.

Availability: Bharat.

Supported currencies:INR, USD​.

🔥 Paytm

Website:Paytm
Paytm is one of India’s largest payment processors in India. It offers different services,from bill payments to online shopping​.

FeatureDetails
Payment MethodsSupports UPI, wallets, credit/debit cards.
Registration DocumentsKYC for merchants.
Settlement PeriodSubscription-based payout model for businesses.
Mobile App IntegrationEasy to integrate with multiple platforms.
Onboarding TimeSlow approval process for new merchants.
Customer SupportWidely used and recognized support, but potential delays in approval response.
E-commerce Platforms SupportedCompatible with major e-commerce platforms.
Other IntegrationsAvailable for multiple online services, including bill payments and online shopping.
DashboardProvides a comprehensive dashboard for transaction tracking and business insights.

Paytm Features & Services

  • Supports UPI, wallets, credit/debit cards.
  • Offers a subscription-based payout model for businesses.

Pros:

  • Widely used by consumers and businesses alike.
  • Easy to integrate with multiple platforms.

Cons:

  • Expensive fees for credit card payment processing.
  • Slow approval process for new merchants.

Setup fee:Free

Requirements:KYC for merchants.

Accepted transaction methods: UPI, wallets.

Availability:Bharat.

Supported currencies:INR​.

🔥 Easebuzz

Website:Easebuzz
Easebuzz is an emerging Indian payout gateway focused on providingSMEs with customizable transaction solutions​.

FeatureDetails
Payment MethodsUPI, Net Banking
Registration DocumentsBusiness verification documents (e.g., GST registration, PAN card, bank account details)
Settlement PeriodTypically T+1 (next business day); may vary based on bank processing times
Mobile App IntegrationSupports integration with mobile apps through APIs
Onboarding TimeQuick onboarding process
Customer SupportProvides support via email, phone, and chat
E-commerce Platforms SupportedCompatible with platforms like WooCommerce, Magento, and custom e-commerce solutions through APIs
Other IntegrationsOffers APIs and plugins for various programming languages and frameworks for custom integrations
DashboardUser-friendly dashboard with real-time transaction tracking, analytics, and reporting features

Easebuzz Features & Services

  • Offers payout links, online payout pages or subscription billing.
  • Integrated with UPI payment gateway list and net banking.

Pros:

  • Flexible payout solutions for small businesses.
  • Easy to set up and integrate.

Cons:

  • Limited international reach.
  • Smaller user base compared to competitors.

Setup fee:Free

Requirements: Business verification.

Accepted transaction methods: UPI, net banking.

Availability: Bharat.

Supported currencies:INR​.

🔥 Instamojo

Website:Instamojo
Instamojo is one of the most popular payment gateways for SMEs & startups in India. It offers multiple payout solutions, including payout links or online stores​.

FeatureDetails
Payment MethodsUPI, wallets
Registration DocumentsBusiness verification required
Settlement PeriodEasy setup and integration
Mobile App IntegrationAvailable
Onboarding TimeQuick onboarding for small businesses
Customer SupportAvailable with quick response
E-commerce Platforms SupportedIntegrated online store creation tool
Other IntegrationsPayout links, mobile app integration, store setup
DashboardProvides transaction monitoring and reporting features

Instamojo Features & Services

  • Offers payout links, mobile app integration, store setup.
  • Accepts all major payout modes.

Pros:

  • Quick onboarding for small businesses.
  • Integrated online store creation tool.

Cons:

  • Not suitable for large enterprises.
  • Limited multi-currency support.

Setup fee:Free

Requirements: Business verification.

Accepted transaction methods: UPI, wallets.

Availability:Bharat.

Supported currencies:INR​.

🔥 PayU

Website:PayU
PayU is popular payment gateways in India, delivering services for companies of all scales, supporting a range of payment methods.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, e-wallets
Registration DocumentsKYC for businesses
Settlement PeriodTypically within 2-3 business days; options for same-day settlements available
Mobile App IntegrationProvides SDKs for mobile app integration
Onboarding Time100% online onboarding process
Customer SupportOffers customer support; specific details not provided
E-commerce Platforms SupportedSupports integration with major e-commerce platforms; specific platforms not listed
Other IntegrationsProvides APIs and plugins for seamless integration with various platforms
DashboardOffers a comprehensive dashboard for managing transactions, refunds, disputes, and settlements

PayU Features & Services

  • Supports credit/debit cards, UPI, net banking, plus ewallets.
  • Advanced fraud prevention with one-click payments.

Pros:

  • Various supported payment methods.
  • Easy to integrate with e-commerce platforms.

Cons:

  • High fees on international transactions.
  • Customer support can be slow.

Setup fee:Free

Requirements:KYC for businesses.

Accepted transaction methods:Credit/debit cards, UPI, net banking.

Availability:Bharat plus select international markets.

Supported currencies: INR, USD​.

🔥 CCAvenue

Website:CCAvenue
CCAvenue is in the list of the top payment gateways in India, known for supporting a vast range of payout methods and multi-currency transactions. It’s trusted by both small businesses & large enterprises.

FeatureDetails
Payment MethodsOver 200 options, including credit/debit cards, net banking, UPI, EMI, and more
Registration DocumentsBusiness KYC verification required
Settlement PeriodTypically 3-5 days
Mobile App IntegrationAvailable for both Android and iOS devices
Onboarding TimeQuick process
Customer Support24/7 customer support available
E-commerce Platforms SupportedIntegrates with major online shopping carts like OpenCart, Magento, Joomla, and CS-Cart
Other IntegrationsProvides APIs for seamless integration with various platforms
DashboardOffers a comprehensive dashboard for tracking transactions, settlements, and analytics

CCAvenue Features & Services

  • Offers over 200 payment solutions, such as credit/debit cards, net banking, UPI, EMI, and more.
  • Facilitates multi-currency payment processing, enabling businesses to handle payments in 27 currencies.
  • Real-time security measures compliant with PCI-DSS Level 1 for fraud detection.

Pros:

  • Extensive range of payout methods.
  • Multi-currency support.
  • Highly customizable for businesses of all sizes.

Cons:

  • Complex setup process.
  • Slightly higher transaction fees on international payments.

Setup fee: Free on basic plan

Requirements:Business KYC verification.

Accepted transaction methods: Credit/debit cards, UPI, net banking, wallets, EMI.

Availability:Bharat plus international markets.

Supported currencies: 27 currencies including INR, USD, EUR​.

🔥 NTT DATA

Website:NTT DATA
NTT DATA is aglobal IT services provider that is a secure, reliable payment gateway example in India, focusing on businesses that require high security.

FeatureDetails
Payment MethodsCredit/debit cards, net banking, UPI, wallets, EMI, BNPL, and more
Registration DocumentsBusiness KYC and compliance verification required
Settlement PeriodQuick settlement periods
Mobile App IntegrationProvides SDKs and APIs for seamless integration with mobile applications
Onboarding Time2-4 Days
Customer SupportOffers dedicated customer support; specific details not provided
E-commerce Platforms SupportedSupports integration with major e-commerce platforms; specific platforms not listed
Other IntegrationsProvides APIs and plugins for seamless integration with various platforms
DashboardOffers a comprehensive dashboard for managing transactions, refunds, disputes, and settlements

NTT DATA Features & Services

  • Supports credit/debit cards, Net banking, UPI.
  • Highly secure platform with advanced encryption plus fraud monitoring tools.
  • Real-time transaction monitoring and comprehensive reporting tools.

Pros:

  • High level of security with scalability.
  • Designed to meet all needs of large enterprises with high transaction volumes.

Cons:

  • Expensive for smaller businesses.
  • Limited customization options for merchants.

Setup fee:Custom pricing based on business size.

Requirements:Enterprise KYC and compliance verification.

Accepted transaction methods: Credit/debit cards, net banking, UPI.

Availability:Bharat/globally.

Supported currencies: INR, USD, GBP​.

🔥 OPEN

Website:OPEN
OPEN is a neobanking platform specifically tailored on SMEs and startups. It defines what are the payment gateways in India. OPEN integrates banking services with payment systems, simplifying the process for businesses to handle their payments and finances from one platform.

FeatureDetails
Payment MethodsSupports over 200 payment methods, including UPI and net banking
Registration DocumentsBusiness registration and verification required
Settlement Period1-5 Days
Mobile App IntegrationProvides mobile app integration for seamless financial management
Onboarding TimeQuick onboarding process; specific duration not specified
Customer SupportOffers customer support; specific details not provided
E-commerce Platforms SupportedSupports integration with major e-commerce platforms; specific platforms not listed
Other IntegrationsProvides APIs and plugins for seamless integration with various platforms
DashboardOffers a comprehensive dashboard for managing transactions, invoices, and expenses

OPEN Features & Services

  • Supportsover 200 payout methods including UPI with Net banking.
  • Integrated banking with invoicing solutions leading to better financial management.
  • Real-time tracking of payments and expenses through a single dashboard.

Pros:

  • All-in-one banking and payment solution for businesses.
  • Transparent and easy-to-understand pricing.

Cons:

  • Limited international payout options.
  • Primarily designed to meet the needs of small or medium-sized enterprises.

Setup fee: INR 15,000 annually

Requirements:Business registration plus verification.

Accepted transaction methods: Credit/debit cards, UPI, net banking.

Availability: Bharat.

Supported currencies:INR​.

🔥 Airpay

Website:Airpay
Airpay is the best Indian payment gateway that provides online/offline payout solutions.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, wallets, POS integration, QR code payments
Registration DocumentsBusiness KYC verification required
Settlement Period3-5 Days
Mobile App IntegrationProvides SDKs and APIs for seamless integration with mobile applications
Onboarding TimeQuick and easy integration process
Customer SupportOffers customer support; specific details not provided
E-commerce Platforms SupportedSupports integration with major e-commerce platforms; specific platforms not listed
Other IntegrationsProvides APIs and plugins for seamless integration with various platforms
DashboardOffers a comprehensive dashboard for managing transactions, refunds, disputes, and settlements

Airpay Features & Services

  • Supports all major payment methods includingUPI, cards, net banking, or E-wallets.
  • Provides offline payout solutions such as POS integration and QR code payments.
  • Real-time transaction tracking and data analytics for businesses.

Pros:

  • Comprehensive transaction solutions across multiple channels.
  • Quick, easy integration with e-commerce platforms.

Cons:

  • Fees can be higher on international transactions.
  • Customer support response times can be slow.

Setup fee: Custom pricing based on business needs.

Requirements: Business KYC verification.

Accepted transaction methods:Credit/debit cards, UPI, wallets, net banking.

Availability: Bharat.

Supported currencies: INR​.

🔥 Zaakpay

Website:Zaakpay
Which is best payment gateway in India? One of the popular answers is Zaakpay. It offers a simple and easy-to-use payout gateway designed to meet all needs of e-commerce businesses or startups.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, wallets
Registration DocumentsBusiness verification required
Settlement Period1-3 Days
Mobile App IntegrationProvides SDKs for mobile app integration
Onboarding TimeQuick integration process
Customer SupportLimited support for small businesses
E-commerce Platforms SupportedSeamless integration with platforms like WooCommerce and Shopify
Other IntegrationsOffers APIs and plugins for various platforms
DashboardProvides a comprehensive dashboard for transaction management

Zaakpay Features & Services

  • Supports credit/debit cards, UPI, Net banking, electronic wallets.
  • No installation costs for small businesses.
  • Seamless integration with e-commerce platforms like WooCommerce or Shopify.

Pros:

  • No setup fee on startups.
  • Quick integration with popular e-commerce platforms.

Cons:

  • Limited customer support for small businesses.
  • Lower success rates on international transactions.

Setup fee: Free for startups

Requirements: Business verification.

Accepted transaction methods: Credit/debit cards, UPI, net banking, wallets.

Availability: Bharat.

Supported currencies: INR​.

🔥 PayGlocal

Website:PayGlocal
PayGlocal is a transaction gateway designed to meet primary needs of global transactions. It allows Indian merchants to accept payments on multiple currencies from international customers.

FeatureDetails
Payment MethodsInternational credit/debit cards, global payment methods
Registration DocumentsBusiness KYC verification required
Settlement Period1-3 days
Mobile App IntegrationProvides APIs and SDKs for seamless integration with mobile applications
Onboarding TimeQuick onboarding time
Customer SupportOffers dedicated customer support; specific details not provided
E-commerce Platforms SupportedSupports integration with major e-commerce platforms like Magento 2 and OpenCart
Other IntegrationsProvides APIs and plugins for seamless integration with various platforms
DashboardOffers a comprehensive dashboard for managing transactions, refunds, disputes, and settlements

PayGlocal Features & Services

  • Supports international credit/debit cards and multi-currency transactions.
  • Advanced fraud protection with chargeback management tools.
  • Real-time currency conversion at competitive rates.

Pros:

  • Ideal regarding businesses looking to expand internationally.
  • Competitive exchange rates for cross-border transactions.

Cons:

  • High transaction fees on international cards.
  • Limited support for domestic transactions.

Setup fee:Custom pricing

Requirements: Business KYC verification.

Accepted transaction methods: Credit/debit cards, international payout methods.

Availability:Globally.

Supported currencies: Multiple currencies including USD, EUR, GBP​.

🔥 Nimbbl

Website:Nimbbl
Nimbbl is a relatively new payment gateway company in India that simplifies online payments by allowing users to complete transactions quickly, focusing on customer experience and conversion optimization.

FeatureDetails
Payment MethodsUPI, credit/debit cards, net banking, wallets, Buy Now Pay Later (BNPL)
Registration DocumentsBusiness verification required
Settlement Period3-5 Days
Mobile App IntegrationProvides SDKs and APIs for seamless integration with mobile applications
Onboarding TimeQuick onboarding process; specific duration not specified
Customer SupportOffers customer support; specific details not provided
E-commerce Platforms SupportedSupports integration with major e-commerce platforms; specific platforms not listed
Other IntegrationsProvides APIs and plugins for seamless integration with various platforms
DashboardOffers a comprehensive dashboard for managing transactions, refunds, disputes, and settlements

Nimbbl Features & Services

  • One-click payments.
  • Integrated with multiple transaction methods including UPI and cards.
  • Offers checkout optimization tools to reduce cart abandonment.

Pros:

  • Improves conversion rates with one-click payments.
  • Easy to integrate with websites or mobile apps.

Cons:

  • Limited international payout support.
  • Still growing its customer base.

Setup Fee:Free

Requirements:Business verification.

Accepted transaction methods: UPI, credit/debit cards.

Availability:Bharat.

Supported currencies:INR​.

🔥 PayKun

Website:PayKun
PayKun is in the Indian payment gateway list. This company is known for its simple setup and various transaction options. It caters tosmall businesses, startups, and NGOs.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, wallets
Registration DocumentsKYC for businesses
Settlement PeriodTypically 2-4 business days
Mobile App IntegrationPrimarily web-based services
Onboarding TimeVaries; generally requires thorough verification
Customer SupportAvailable
E-commerce Platforms SupportedLimited direct integrations
Other IntegrationsAvailable for multiple online services
DashboardOffers real-time tracking and data analytics for merchants

PayKun Features & Services

  • Supports credit/debit cards, UPI, net banking, and wallets.
  • No setup or annual fees, making it affordable for small businesses.
  • Offers real-time tracking and data analytics for merchants.

Pros:

  • No setup or annual fees.
  • Easy to use on small businesses and NGOs.

Cons:

  • Limited features for large enterprises.
  • Customer support could be improved.

Setup Fee: Free

Requirements:KYC for businesses.

Accepted transaction methods:Credit/debit cards, UPI, wallets, net banking.

Availability:Bharat.

Supported currencies:INR​.

🔥 DirecPay

Website:DirecPay
DirecPay is an online transaction gateway solution that offers merchants an integrated suite of payout options, including credit cards, debit cards, Net banking or mobile payments​.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, mobile payments
Registration DocumentsBusiness KYC verification required
Settlement PeriodLonger settlement periods for some transactions
Mobile App IntegrationAvailable for both Android and iOS devices
Onboarding TimeQuick setup
Customer Support24/7 customer support available
E-commerce Platforms SupportedIntegrates with major online shopping carts like OpenCart, Magento, Joomla, and CS-Cart
Other IntegrationsProvides APIs for seamless integration with various platforms
DashboardOffers a comprehensive payout dashboard for tracking transactions

DirecPay Features & Services

  • Supports credit/debit cards, UPI, mobile payments.
  • Secure platform with PCI-DSS compliance.
  • Comprehensive payout dashboard for tracking transactions.

Pros:

  • Multiple transaction options for merchants.
  • Secure, reliable platform.

Cons:

  • Higher transaction fees on credit cards.
  • Limited international support.

Setup Fee:INR 7,500

Requirements: Business KYC verification.

Accepted transaction methods: Credit/debit cards, UPI, net banking.

Availability:Bharat.

Supported currencies: INR​.

🔥 ePaisa

Website:ePaisa
ePaisa is a multi-channel payment platform that offers solutions to online/offline businesses. Known for its mobile-first approach, ePaisa provides merchants with tools to accept digital payments via smartphones, tablets etc.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, mobile wallets, cash, cheques, Bharat QR, meal vouchers
Registration DocumentsBusiness verification and KYC required
Settlement PeriodT+2 days (transaction day plus two working days)
Mobile App IntegrationOffers mobile POS systems compatible with smartphones and tablets
Onboarding TimeSlow approval process for new merchants
Customer SupportExperienced and recognized support
E-commerce Platforms SupportedCompatible with major e-commerce platforms
Other IntegrationsProvides invoicing, inventory management, and analytics tools
DashboardOffers a cloud-based dashboard with real-time reporting and analytics

ePaisa Features & Services

  • Supports all major payout methods, including credit/debit cards, UPI, Net Banking, ewallets etc.
  • Offers mobile POS systems to support offline businesses.
  • Provides invoicing and inventory management tools on small & medium businesses.

Pros:

  • Mobile-friendly platform.
  • Ideal regarding online/offline businesses.
  • Integrated POS solutions with additional business tools.

Cons:

  • Higher transaction fees regarding certain payout methods.
  • Limited features on large enterprises.

Setup Fee:Free

Requirements:Business verification and KYC.

Accepted transaction methods:Credit/debit cards, UPI, wallets, net banking.

Availability:Bharat.

Supported currencies: INR.

🔥 Payzcart

Website: Payzcart
Payzcart is a payment processing platform that facilitates online payments for businesses through diverse methods such as credit/debit cards, UPI, net banking, and mobile wallets. It supports over120 domestic and international payout options, making it a popular choice for businesses looking to expand globally​.

FeatureDetails
Payment MethodsCredit/debit cards, UPI, net banking, mobile wallets, EMI
Registration DocumentsKYC and business verification required
Settlement PeriodIn the next day
Mobile App IntegrationSupports integration with mobile platforms via APIs and SDKs
Onboarding TimeQuick setup
Customer Support24/7 customer support available
E-commerce Platforms SupportedCompatible with e-commerce platforms
Other IntegrationsProvides APIs and SDKs for seamless integration with web and mobile platforms
DashboardOffers a smart dashboard with real-time records of transactions and settlements

Payzcart Features & Services:

  • Offers multi-currency support on international transactions.
  • Easy integration with APIs and SDKs for mobile/web platforms.
  • Supports payment links and secure, encrypted transactions.

Pros:

  • Various payout options, including international methods.
  • Affordable transaction rates (TDR).
  • Excellent customer support available 24/7.

Cons:

  • Limited advanced reporting tools for large enterprises.
  • Slightly more expensive regarding international transactions.

Setup fee: Free

Requirements:KYC and business verification.

Accepted transaction methods: Credit/debit cards, UPI, net banking, wallets, EMI.

Availability: Bharat plus international markets.

Supported currencies: Multiple currencies including INR, USD, EUR.

🔥 Decard

Website: -
Decard is a relatively lesser-known payment processor in India, offering secure online transactions with a focus on integrating various payout methods into aunified system. Though not as widespread, Decard provides essential features for small businesses looking for basic online payout functionality.

FeatureDetails
Payment MethodsCredit/debit cards
Registration DocumentsBusiness verification required
Settlement PeriodT+1 (next business day)
Mobile App IntegrationThrough APIs
Onboarding TimeQuick process
Customer SupportAvailable for Indian users
E-commerce Platforms SupportedDesigned for financial and trading companies
Other IntegrationsIntegrated invoicing and reporting tools
DashboardComprehensive dashboard for transaction

Decard Features & Services:

  • Accepts credit/debit card payments.
  • Easy setup for small businesses and freelancers.
  • Secure processing with encryption.

Pros:

  • Simple and user-friendly setup.
  • No setup fees on basic accounts.

Cons:

  • Limited payout options compared to larger payment service providers in India.
  • No multi-currency or international support.

Setup fee:Free

Requirements:Business verification.

Accepted transaction methods: Credit/debit cards.

Availability: Bharat.

Supported currencies: INR.

🔥 Algorithmic

Website: -
Algorithmic is a payment processor India designed to meet the needs of high-frequency trading and automated payments. It is primarily used by financial companies needing fast, efficient payment processing. The service integrates sophisticated algorithms to optimize transaction speeds and security.

FeatureDetails
Payment MethodsBank transfers, credit/debit cards
Registration DocumentsBusiness verification in financial sectors
Settlement PeriodTypically T+1 (next business day)
Mobile App IntegrationSupports integration with mobile apps through APIs
Onboarding TimeQuick onboarding process
Customer SupportAvailable
E-commerce Platforms SupportedNot ideal for general e-commerce; primarily designed for financial and trading companies
Other IntegrationsSupports various APIs for seamless integration with trading platforms
DashboardComprehensive dashboard for transaction

Algorithmic Features & Services

  • High-speed, automated transaction processing.
  • Advanced fraud detection systems.
  • Supports various APIs for seamless integration with trading platforms.

Pros:

  • Designed to meet all needs of high-speed environments.
  • Strong security protocols for fraud prevention.

Cons:

  • Limited to financial and trading companies.
  • Not ideal regarding general e-commerce.

Setup fee:Custom pricing based on volume.

Requirements:Business verification in financial sectors.

Accepted transaction methods:Bank transfers, credit/debit cards.

Availability: Globally, with a focus on financial markets.

Supported currencies: USD, EUR, GBP.

🔥 Einpayz

Website: -
Einpayz offers one of the cheapest payment gateway India. It is also a perfect solution for businesses looking to accept payments globally. With a focus on secure transactions, Einpayz caters to businesses of all sizes, supportingmultiplepayout methods and currencies.

FeatureDetails
Payment MethodsCredit/debit cards, net banking, UPI
Registration DocumentsBusiness verification documents required
Settlement PeriodLonger settlement periods for some transactions
Mobile App IntegrationEasy to integrate
Onboarding TimeQuick setup with no setup fee
Customer SupportCustomer service available
E-commerce Platforms SupportedCompatible with major e-commerce platforms
Other IntegrationsIntegrated invoicing and reporting tools
DashboardProvides integrated invoicing and reporting tools

Einpayz Features & Services

  • Multi-currency support with competitive exchange rates.
  • Integrated invoicing and reporting tools for businesses.
  • PCI-DSS compliant for secure transactions.

Pros:

  • Extensive global transaction support.
  • Clear pricing without concealed charges

Cons:

  • Limited availability of advanced customization features.
  • Longer settlement periods for some transactions.

Setup fee:Free

Requirements: Business verification.

Accepted payout methods:Credit/debit cards, net banking, UPI.

Availability: Bharat and international markets.

Supported currencies:Multiple currencies including INR, USD, EUR.

10 Best Payment Gateways That You Should Choose in India

Here is the table with top 10 payment gateway in India and their major features:

Payout GatewaySetup FeeAnnual FeeCommission Per TransactionAccepted Payout MethodsSupported currencies
RazorpayFreeNone2% + GST on domestic cards, 3% on international cardsCredit/Debit cards, UPI, EMI, WalletsINR, USD, GBP​
PaytmFreeFree1.80% on net banking, 1.55% on wallets, 2.65% on AMEX/InternationalUPI, Credit/Debit cards, Net banking

INR​

 

CCAvenueFreeRs. 1,200/year2.0% on domestic transactions, 3% on internationalCredit/Debit cards, UPI, Net banking27 currencies​
InstamojoFreeNone2% + Rs. 3 on all transactionsUPI, Cards, Net bankingINR​
PayUFreeNone2% + GST on domestic, 3% + GST on internationalCredit/Debit cards, EMI, UPI, Net banking

INR, USD​

 

CashfreeFreeNone1.75% on domestic, 3.5% on international cardsUPI, Credit/Debit cards, Net bankingINR​
MobikwikNegotiableNegotiable2% on wallets, cardsCredit/Debit cards, WalletsINR​
PayKunFreeNone1.75% on domestic, 3% on international cardsUPI, Cards, Net banking, WalletsINR​
ZaakpayFree for startupsRs. 2,400/year from 2nd yearCustom rates based on the businessCredit/Debit cards, UPI, WalletsINR​
DirecPayRs. 7,500Rs. 2,400/year6.5% TDR on all cards, net bankingCredit/Debit cards, Net banking, UPIINR​

Conclusion

India’s payment landscape is evolving rapidly, led by innovations like UPI and supported by adifferent payout gateways. Whether you’re a small business owner or a large enterprise, choosing the right payment gateway involves understanding transaction fees, supported payout methods, and ease of integration. As digital payments are poised to lead the economy, this is the perfect moment to discover the best online payment gateway in India for your business.

FAQ

Which is the No 1 payout gateway in India?
UPI is the most widely used payout gateway, processing a majority of India’s digital transactions​.
Which payout gateway charges less in India?
UPI typically charges no transaction fees for consumers, making it one of the most cost-effective options​.
Which payout gateway is best for international transactions?
PayPal is widely recognized thanks to cross-border transactions​.
How does a payout gateway work?
A payout gateway securely processes transactions between a customer and a merchant by authorizing payments from the customer’s bank​
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