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Thinking of starting an online business? With more than 560 million active internet users, starting an online store is one of the most lucrative business ideas today. And to start a new online store, the foremost requirement is the acceptance of digital payment methods or a gateway to accept digital cash directly to your bank account. This “Gateway” is called the “Payment Gateway” or more precisely “Merchant Payment Gateway” which enables you to accept digital payments on your online store.

Choosing the right payment gateway is the second most important task for setting up an online business after selecting the right hosting providers. A good payment gateway can make smoothen your online business with more sales & customer satisfaction, whereas a bad payment gateway provider can make your life hell & create a negative impact on customers.

There are many Payment Gateway Providers available in India, some of them also support International Credit or Debit Cards, some gateway company provides free set up & some are paid. Therefore, selecting the right type of Payment Gateway is always a bit difficult task for those who are completely new in this field.

Today, here in this article, I will try to cover the best payment gateway in India, especially for the small business holders and startups. We also cover the Pros and cons of the top payment gateway providers in India with set up charges, transaction fees, and other essential features, so that you can integrate suitable payment gateway provider for your online business.

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Now, let’s start in a brief what is a Payment Gateway and How does it work.

What is a Payment Gateway & How does it work?

In a simple term, a Payment Gateway is a link that connects your online store or eCommerce site to your bank account. A payment gateway provides a secure channel to transfer the digital payments made by a customer on a payment portal (eCommerce sites, mobile app) to the merchant bank account. A Payment gateway is a communication medium between the customer bank account and the merchant’s bank account.

A bank can also provide payment gateway services similar to other third-party payment gateway providers which are specialized in payment processing. The merchant has to pay a nominal fee to the gateway service providers as per the mode of payment used & the amount of payment.

Now, let’s see how it works

• A customer comes to an online store to purchase any item, make any purchase, and navigate to the Check Out section of the website.
• After pressing the Check Out button or any other similar type of button, the customer lands on a Payment Gateway service provider page where he/she has to provide payment information like debit/credit card details or net banking/UPI details, etc.
• The payment processor collects this information and communicates the same to the card-issuing networks ie. Visa, Mastercard, RuPay, Amex or Discover, etc.
• The card’s payment networks again route the payment information to the respective card-issuing banks. The bank responds to the payment information and accepts or declines the same to the payment processor via the authorization code. If Amex or Discover card is used, then it directly acts as an issuing bank and responds the same within its network.
• The processor communicates the same to the merchant website via payment gateway. The merchant website then acts accordingly.
• The merchant submits all the successful batch to his/her acquiring bank for settlement at the end of the day. The bank again forwards the batch to the respective card-issuing banks for settlement. After the successful authorization, the acquiring banks settle the amount to the merchant’s accounts.
• The maximum time requires to settle the amount to the merchant’s account is T+3. (T= Date of Transaction).

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What are the benefits of using the Payment Gateway?

There are numerous benefits of using the payment gateway for the merchant. Leaving aside the other requirements, without a payment gateway, you can not create a successful digital store. Because it provides a sense of security to the customers as well as merchants.

Here are some of the benefits

• Secure Transaction: Payment gateway secure the payment information and transmits sensitive data in a highly-secured encrypted form. It protects both buyers and sellers from fraudulent activities.
• Faster Transaction Processing: Transaction can be processed on the site itself within a fraction of seconds.
• Less Transaction Failure: Redirecting customers to another external site for payment processing may lead to transaction failures.
• Increase Customer Base: A digital payment system can increase your customer base more rapidly.
• Convenient: Online payment is the most convenient for customers because it is less time consuming and fast.
• Less cart abandonment: Several redirections to an external site may lead to transaction failure, which results in more cart abandonment.
• Recurring Billing: Some payment gateway provides you the option of recurring billing from the customers.
• Mobile Payment: Payment gateway API can be integrated with mobile Apps.

What are the documents required for the Payment Gateway?

The documents required for the payment gateway vary with the type of business entity, ie Indivitiual, proprietorship or company, etc. Most of the small businesses or startups come under the 4 categories, Individual, Proprietorship, Partnership Firm & Limited Liability Company.

All the payment gateway service providers support the digital submission of documents right from your PC or Laptop. The account and merchant onboarding process are completely online & paper-less, no need for physical verification of documents. The gateway service provider also verifies your bank account by depositing some amount on the account and confirming the same on the gateway provider’s dashboard.

INDIVIDUAL

• Copy of Individual Pan Card duly signed.
• Copy of Proof of Address (Driving License/ Adhaar Card/Voter ID/ Passport/Electricity Bill) duly signed.
• Canceled cheque of the bank account clearly showing IFSC code and Name.

(Stamp does not require in Individual Business type)

PROPRIETORSHIP

• Copy of Pan Card duly signed and stamped by the proprietor. If you have Pan in the name of Firm, then both personal and firm’s Pan needs to be uploaded.
• Proof of Address (Driving License/ Adhaar Card/Voter ID/ Passport/Electricity Bill) duly signed and stamped.
• Canceled cheque of the bank account. IFSC code and Name should be printed.
• Copy of Govt. Proof of the firm (Trade License issued by State/Central Govt) duly signed and stamped.

PARTNERSHIP/LLP

• Authorization letter for the Signing Authority duly signed and stamped by all partners on the Firm’s letterhead.
• Copy of Partner’s Pan Card duly signed and stamped by Authorized signatories or partners.
• Copy of Address Proof of the Authorized signatory (Driving License/ Voter ID/ Adhaar Card/ Passport) duly signed and stamped.
• Copy of Company’s pan card duly signed and stamped by the Authorized signatory.
• Copy of Govt. proof of the firm duly signed and stamped by Authorized signatory (Trade License, registration certificate, etc stamped by State/Central Govt).
• Copy of Partnership deed duly signed and stamped by the Authorized signatory.
• Copy of Certificate of Incorporation duly signed and stamped by all the partners.
• Canceled cheque of the bank account. IFSC code and Name should be printed.

PRIVATE LIMITED COMPANY

• Certificate of Incorporation duly signed & stamped by Authorised signatory.
• Copy of PAN card, the name associated with the PAN should match with “Business Name”
• GST Certificate, Provisional GST Certificate, Email Acknowledgement, or Declaration of GST Non- Enrollment.
• Authorization letter for the Signing Authority duly signed and stamped by all Directors on the Firm’s letterhead.
• Copy of Board Resolution on Company’s letterhead duly signed and stamped by all the Directors.
• Copy of Govt. proof of the firm duly signed and stamped by Authorized signatory (Trade License, registration certificate, etc stamped by State/Central Govt).
• KYC of Authorised signatory.
• Shop Photo.
• Canceled cheque of the bank account or Account Statement duly stamped by the bank. IFSC code and Name should be printed.

After uploading all the documents, you have to generate & Download the Merchant Agreement Declaration (MID) Form. The MID needs to be affixed with Stamp Paper. The Stamp Duty will be as per the Indian Stamp Act, 1899. In general, it should not be less than INR 100.

The authorized signatory has to sign all the pages of the Merchant Agreement Declaration Form along with the Firm’s stamp if applicable. The signed MID form again has to upload on the payment gateway service provider’s website.

Please remember that A current Account is a must to start a Payment Gateway service from any third-party gateway provider for the business entities other than in the name of an individual.

Here’s a video on how to generate MID and upload documents on PayU gateway service. The other service provider has more or less similar procedures for paperless KYC submission and account activation process.

Factors for considering the Right Payment Gateway

Before selecting the right payment gateway service, you first analyze your need and business requirements. If you are expecting a small online turn-over, then it will not be a wise decision to select any high-cost Enterprise-level plan.

Payment Gateway provides you a digital payment solution for your eCommerce site. Some gateway providers might give you the complete software packages including free set up & annual maintenance cost, support, and security, instead of the only gateway access. Therefore you must carefully analyze the right type of payment gateway for your small business.

• Fees: Before setting up any type of payment gateway service, the fee structure of the company must be considered. Some company offers free set up or free of any annual maintenance charges. But No one in this World gives you a free Payment Gateway Service. They deduct the charges from the debit or credit card transaction. Therefore, you must consider what percent of charges the company will deduct from a transaction made via Debit/Credit Card, Netbanking or UPI, etc. There is also a different fee structure for Visa/Mastercard card or Rupay Card Payment or Debit or Credit Card payment or payments made through Netbanking.
• Recurring Billing Option: Ask your gateway provider whether they will give you the recurring payment option or not. Some gateway providers won’t give you the recurring payment option. If you run a subscription type of service where your customers have the payment option for a weekly or monthly basis, then you must consider selecting a recurring payment option in your Payment Gateway.
• Settlement Period: Settlement period, ie, you must consider after how many days, your payment will get credited or settled to your Bank Account. Some Gateway Payment providers in India settle your money on a T+2 or T+3 days basis. Here T is the Transaction days plus the number of days. The shorter the period, you will get settle your money more quickly in your Bank Account.
• Ease of Integration: How easily the Payment gateway integrates with your WooCommerce site or online store, you must take into consideration. Your Payment gateway integration should be hassle-free with the minimum documentation process. Otherwise, you have to depend on developers, which may cost you more. If you are planning to build the store on WordPress, then you will WordPress Plugin from most the gateway providers.
• Company Background: Before selecting the Payment gateway, you must consider the Payment gateway providers’ trustworthiness. You must check the company background, read user reviews who already have experienced the quality of service of the gateway provider, for how many days they are in a similar field, etc.
• Acceptability: You must verify if the gateway solution provider accepts all types of the card like Visa, MasterCard or Rupay card or if they can process the transaction from NetBanking, mobile wallet, or UPI payment. If you have the customer base from the international location, you must consider if the payment gateway company can process international Credit Cards, etc.
• Mobile Optimisation: Nowadays more than 60% of users use a mobile or smartphone for online transactions or shopping. You must check if your gateway providers can integrate a payment solution for mobile-optimized sites.
• User Interference: The payment gateway solution should be easy and user-friendly for both customers and the merchants.
• Support:  Last but and the most important factor is reliable customer support. You must read the users’ reviews about how the gateway providers handle customer grievances before integrating the payment gateway service.

Best Payment Gateway in India for Small Business

There are many third-party companies that provide merchant payment gateway service to the Indian customers, some are the Indian origin, some are International, some provides option free set up and free annual maintenance charges.

Here I try to cover the best payment gateway service providers in India, which best suits the small business or the startups.

* NPCI recently launched “Autopay” features with UPI for recurring payments up to INR 2000. All the major payment gateway providers are enabling this service for the payments made using the UPI mode. Customers can create Digital e-mandate for UPI-Autopay through their UPI id or QR Code scan for transactions up to Rs.2000. For transactions above Rs.2000, UPI PIN is required to authenticate the payment.

#1. PayU

PayU or PayuMoney is one of the well-known and best payment gateway service provider in India. Headquartered in Netherland, PayU has started its India operation in the year 2011. The company is now available in more than 18 countries World-wide. PayU operates under the flagship brand of Naspers Group which owns the OLXGroup.

Since the starting of its operation in India, PayU is is getting immensely popular, especially amongst the bloggers or small business holders due to its low charges and smooth integration with any type of eCommerce platform. They have also Enterprise plans for big companies.

PayU has three types of plans,- Standard, Silver, and Gold. There are no Set-Up charges of Standard Plan. The setup charges of Silver and Gold plan are Rs.9900 and Rs.19900 respectively.

The company provides a paperless digital onboarding process with instant activation and zero set up fees. PayU money has so far the best customer reviews amongst all types of payment gateway providers operates now in India.

PayU Money has another gateway service named Payubiz which is mainly targeted for the big Enterprises. PayU probably the best payment gateway in India right now for the small business & startups.

Pros:

• Paperless digital onboarding process with instant activation.
• Safe and secure with PCI-DSS compliance. The merchant does not require PCI-DSS hassles.
• Collect payment via Bharat QR Code, SMS, WhatsApp, Facebook Messanger by sharing payment link.
• Support all types of International Credit Card.
• Supports all types of digital payment methods in India.
• Accept subscription or recurring payments.
• Next-Day settlement.
• Supports all major CMS like WordPress, Magento, ASP.net, PHP, JAVA, OpenCart, Shopify, etc.
• Mobile-Friendly check-out system.
• 3D secure OTP based payments for customers.
• Very good intuitive interface and merchant dashboard.

Cons:

• Customer Care service needs to be improved.

Charges & Other Features

Set Up Fee: Zero

Annual Maintenance Charges(AMC): Zero

Withdrawal Fees: Zero

International Transaction: Yes

Transaction Charges: Flat 2%+ GST per transaction. (No MDR on Rupay and UPI payment)

Settlement: T+2 business days

Sign Up for PayUMoney from Here. (TDR waiver up to Rs.50000)

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#2. PayPal

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PayPal is a well-known and trusted global brand, operates more than 200 countries, and supports nearly all currencies. PayPal is the number one payment solution for bloggers and freelancers for decades because of its wide acceptance and easy interface.

If you have an international customer base or planning to sell digital products, then PayPal is a great choice for you. PayPal also supports recurring payments for subscription-based websites.

For small businesses or startups, you can easily create the PayPal Checkout button on your digital store by integrating the Order API. If you are planning to use the WooCommerce plugin or WordPress CMS, then it has an exclusive PayPal Checkout Plugin for easy integration with eCommerce websites. If you are a non-technical person, you can take help from the freelancing websites like Fiverr or Upwork,.

The other option of collecting payment is sharing the Payment link which is something like PayPal.me/YourCompany.

Visit here for complete documentation and integration of PayPal Checkout integration. PayPal Checkout enables the customers to complete payments without login into the PayPal Account for the faster transaction process & higher conversion rate.

To create the PayPal Checkout button, you need, is a PayPal Business account, which is completely free to create. I have already written a detailed article on how to sign up for a PayPal Business Account in India.

PayPal also provides Enterprise solution for the big companies.

Pros:

• Extremely easy account creation process. Complete paperless & Free.
• Support all types of domestic credit and debit cards.
• Supports all types of International credit cards, like Visa/Mastercard/Discover/Amex, etc.
• Recurring payment option for subscription websites.
• Immediately settlement on PayPal Account.
• Easy invoicing from PayPal Dashboard.
• One-Touch Checkout button without login into the PayPal account for customers.
• Support all types of currencies and available in more than 200 countries.

Cons:

• Integrating PayPal button requires technical skills. You may need the help of developers to integrate it on your eCommerce site.
• Support Team not always very supportive. Though not bad as compared to other gateway providers in India.
• Charges are a bit higher than other gateway providers.

Charges & Other Features

Set Up Fee: Zero

Annual Maintenance Charges(AMC): Zero

Withdrawal Fees: Zero

International Transaction: Yes

Transaction Charges: Flat 2.5% + Fixed fee (INR 3) for domestic cards. + GST (18%)

For international credit cards, 4.4 % + fixed fee based on the currency (upto USD3000) For details on PayPal charges visit here.

Settlement: Immediately on PayPal Account,  Auto withdrawal T+3 Days on Bank Transfer.

Sign Up for PayPal India Business Account

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#3. CCAvenue

CCAvenue is South Asia’s largest Payment Gateway solution and one of the best payment gateway provider in India. CCAvenue is one of the few PG in India which offers 18 local language support on the checkout page. Accept wide ranges of digital payments, like Credit/Debit Card, NetBanking, UPI, Bank EMI, mobile wallet, etc.

You can easily integrate the CCAvenue Shopping cart and start selling the products immediately. CCAvenue support integration with all major CMS. Currently, it supports 27 foreign currencies. For the non-technical people, you may hire developers from the freelancing websites.

CCAvenue offers two types of gateway network- Startup Pro and Privilege. Start-Up Pro is completely free to set up & best for small business owners & start-ups. CCAvenue provides one of the robust and industry-standard security solutions for payment processing with only PG solution providers in the region.

If you are searching for a robust & secure payment gateway, then I highly recommend CCAvenue for the high-quality service.

Pros:

• Easy integration, supports all types of CMS like WordPress, Magento, Opencart, Drupal, etc.
• No need for a PCI-DSS certificate. Free CCAvenue Fraud & Risk identification system.
• Paperless account opening and onboarding process.
• Support 18 Indian languages at the Checkout page.
• Support all types of digital payment methods, 8+ mobile wallets.
• Card Vault storage for returning customers for faster check out.
• Easily customizable and mobile responsive CCAvenue shopping cart.
• Smart Dynamic Routing to switch transaction to best performing banks network.
• Retry option for the failed transaction which increases the conversion rate.
• Android and iOS SDK.
• Free eCommerce Payment gateway plugin for WordPress.
• International Visa/MasterCard Payment option and multicurrency support.
• Social Network In-stream Payments- Collect payments from social networks.

Cons:

• Slow customer service.
• Sometimes settlement takes a week to get credited on the bank account.
• Bit expensive than other similar players in the market.

Charges & Other Features

Set Up Fee: Zero

Annual Maintenance Charges(AMC): INR 1200 (waived for the 1st year)

Withdrawal Fees: Zero

International Transaction: Yes

Transaction Charges: Flat 2% + GST (18%) (Domestic Cards) & 3% for International Cards (Zero for Rupay & UPI)

Multicurrency: 4.99%

Settlement: T+2 Business Days

Sign Up for CCAvenue Payment Gateway

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#4. SBIePay

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State Bank of India or SBI, India’s largest & trusted bank also offers the payment gateway solution to its customers. SBI’s payment gateway service is named as SBIePay. SBI is the first bank in India, which starts its own payment gateway integrator service to merchants.

If you are SBI current account holder, then you can integrate SBIePay to receive money online. Though the support may not be as like the other private players in this field, SBIePay offers the cheapest payment gateway solution in India.

SBIePay does not accept international credit cards. If your main customer base is in India, then you can definitely think of integrating SBIePay on your eBusiness portal. SBIePay offers complete paperless digital registration and account activation process. Although, you can contact your SBI branch for manual activation and necessary information about SBIePay activation.

Pros:

• One of the most trusted brands in India.
• PSI-DSS complied with the highest industry-standard security.
• SBIePay has the lowest MDR(Merchant Discount Rate) or charges amongst the payment gateway aggregators in India.
• Digital Paperless onboarding process.
• Fully supports 3DSecure payments for an additional layer of security.
• Supports major digital payment methods.

Cons:

• Does not support diverse payments option. SBIePay does not support UPI, eWallet.
• It does not accept international credit cards.
• Account activation process bit longer than other private players.

Charges & Other Features

Set Up Fee: Zero

Annual Maintenance Charges(AMC): INR 8000

Withdrawal Fees: Zero

International Transaction: No

Transaction Charges: Debit Card- 1% of the transaction amount (up to 2000 Nil)

Credit Card (All types) – 1% of the transaction amount

Internet Banking- Upto 500/- – Rs.5.00/ transaction, Above 500/– Rs.10/ transaction

IMPS- Rs. 5.00 to Rs.9.00

Settlement: T+2 Business Days

Sign Up for SBIePay Payment Gateway

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#5. Instamojo

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Instamojo is one of the top payment gateway providers in India and very popular, especially amongst the bloggers & freelancers. Instamojo provides one of the cheapest payment gateway solutions to the customers in India.  Many bloggers & freelancers in India use Instamojo for their small payment solutions like selling digital ebooks, online courses, or any other services using Instamojo payments link which can easily create from the Instamojo dashboard. You have also the option to share payment links via Whatsapp, FB Messenger, and get paid directly to your Bank Account.

Founded in 2002, Instamojo also offers zero set up and maintenance fees for the customers and perfect fit for the small business owners & bloggers. Instamojo probably offers the easiest onboarding process amongst all other payment gateway providers in India.

Pros:

• Hassle-free sign-up with only a PAN card and Bank Account.
• Zero set up and maintenance fee.
• PCI-DSS complied for higher security.
• Accepts all types of digital payments, like Credit/Debit card, Netbanking, UPI, IMPS, eWallet, etc.
• Easy integration with Android SDK or iOS SDKs.
• Create & share easy payment links for different products from Instamojo Dashboard.
• The private API key for secure eCommerce integration.
• Support all major CMS like WordPress, Opencart, Magento, PHP, etc.

Cons:

• Payment Interface bit complicated.
• Negative reviews on customer support.

Charges & Other Features

Set Up Fee: Zero

Annual Maintenance Charges(AMC): Zero

Withdrawal Fees: Zero

International Transaction: Yes

Transaction Charges:  2%+ Rs.3/ Transaction for Domestic cards

International Cards – 3% + Rs.3, Digital Products – 5% + Rs.3, Wallets – 2% + Rs.3

GST- 18% for all transactions.

Settlement: T+3 Business Days

Sign Up for Instamojo Payment Gateway Free

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#6. Paytm Payment Gateway

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India’s largest eWallet company also provides the payment gateway for Indian customers. Paytm payment gateway is rapidly catching up with other big names in this industry. Paytm is one of the payment gateway providers for the Indian Railway ticket booking portal IRCTC.

Paytm provides a free merchant payment solution for small business owners and startups. To integrate the Paytm payment gateway, all you need is a Paytm Business Account. You can easily create Paytm Business Account and start receiving digital payment on your online store. You can check the Demo of Paytm Checkout here.

Pros:

• Easy to create Paytm Business Account, anyone can create a free Business account with an existing Paytm Mobile wallet ID.
• Paperless & easy onboarding process.
• A secure PCI-DSS complied and trusted brand in India.
• Support all types of digital payment methods, like Debit/Credit Card, Netbanking, IMPS, UPI, QR Code, etc.
• Create and share your own QR Code.
• Zero set up and AMC.
• Create Payment Links to collect payment from the customers.
• Collect payments using Rewardspay.
• Supports all major CMS, free WooCommerce integration, and WordPress plugin.
• Android and iOS SDKs. Easy integration with mobile App or PWA.
• Instant deposit on Paytm wallet, though settlement on bank account may take up to 7 days.

Cons:

• Customer support is not very reliable & user friendly.
• Less user-friendly dashboard.
• Takes more to time to settlement than other payment gateways.
• It does not accept international credit cards.

Charges & Other Features

Set Up Fee: Zero

Annual Maintenance Charges(AMC): Zero

Withdrawal Fees: Zero

International Transaction: No.

Transaction Charges:  Zero MDR on UPI, Wallet, and Rupay Debit Card.

All other transactions 1.99% + GST

GST- 18% for all transactions.

Settlement: T+7 Business Days

Sign Up for Free Paytm Business Account.

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#7. Razorpay

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Razorpay is an India based Fintech company that started its operation in the year 2013. Since its launch, the company becomes hugely popular amongst the many startups and now regarded as one of the best payment gateways in India for small business owners & bloggers.

You can easily make your business online using the Razorpay payment gateway service which provides a developer-friendly API and easy integration with all types of CMS.

Razorpay providers extremely easy paperless onboarding process and the account can be activated almost instantly after uploading the KYC Docs.

Razorpay supports all types of online payment methods like Credit/Debit card, UPI, Mobile Wallet, IMPS, Netbanking, etc. You can also link the PayPal option at the Razorpay checkout page for accepting international payments.

Pros:

• Easy paperless digital onboarding process.
• Developer-friendly API and easy integration with all major CMS.
• PCI-DSS compliant and secured.
• Link PayPal for accepting international payments.
• Collect subscription ie. you can create recurring payment service for your customers.
• Create and share invoices from the dashboard.
• eCOD and ePOS option.
• Supports payments from all major Indian Credit/Debit cards, UPI, IMPS, Netbanking from all Indian banks, and Mobile wallets.
• The free payment gateway plugin for WordPress users.
• Create and share payment links directly from the dashboard.
• Instant Refund.

Cons:

• Customer Support needs to be improved.
• No multi-currency supports.
• Customers report several transaction failures on the Razorpay payment gateway.

Charges & Other Features

Set Up Fee: Zero

Annual Maintenance Charges(AMC): Zero

Withdrawal Fees: Zero

International Transaction: No.

Transaction Charges:  Zero MDR on UPI, Wallet, and Rupay Debit Card.

All other transactions 2.00% + GST

GST- 18% for all transactions.

Settlement: T+3 Business Days

Sign Up for Razorpay Payment Gateway

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#8. Mobikwik Payment Gateway

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Mobikwik is a popular name in the area of eWallet providers in India. But it also offers top-class Payment Gateway service in India. This Haryana based Fintech company is getting hugely popular in India’s payment gateway market and several top brands in India like  IRCTC, Uber, Zomato, BlueDart are already working with Mobikwik payment gateway.

The best feature of Mobikwik PG is that it is extremely mobile-friendly and optimized for any type of screen size. It supports diverse payment options like UPI, IMPS, Credit/Debit Card, Mobile Wallet, EMI Pay Later, etc. It can also seamlessly integrates with many types of CMS like WordPress, OpenCart, PHP, Magento, Java, etc. The rate of transaction failure of Mobikwik PG is one lowest amongst all other payment gateways in India.

Mobikwik offers two types of gateway service in India, one is for the small business & startups & other for the Custom Enterprise level.

Pros:

• Hasslefree integrates with any type of website.
• Optimized for any type of screen size and operating system.
• PSI-DSS complied with the highest industry-standard security.
• Supports all types of CMS, like WordPress, PHP, OpenCart, Magento, woo commerce, ASP.net, JAVA, etc.
• Digital Paperless onboarding process.
• Auto Fill OTP detect API.
• Supports all types of payment methods like Credit/Debit Card, UPI, Mobile Wallet, EMI, Pay Later.
• Accept international credit cards.
• Shareable payment links.
• Free WordPress Plugin for WooCommerce & WordPress sites.

Cons:

• Customer Support sometimes not very user-friendly and supportive.
• Charges and fees are a bit higher side than other gateway service providers in India.
• Free set up and AMC not available.

Charges & Other Features

Set Up Fee: Chargeable

Annual Maintenance Charges(AMC): Chargeable

Withdrawal Fees: Zero

International Transaction: Yes

Transaction Charges: Indian Credit/Debit card, UPI, Wallet- 1.90%/Transaction + GST (18%)

                                    For international credit cards,2.90%/Transaction+ GST(18%)

Settlement:  T+3 Days 

Sign Up for Mobikwik Payment Gateway

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FAQ

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Final Words

These are some of the top payment gateway providers in India, you may consider integrating on your eCommerce websites or blog. If you are planning to build your online store on WordPress, then you can my earlier article on the best WordPress eCommerce Plugin in India for small business owners or bloggers.

All the payment gateways which are discussed above, have their own positive and negative points. My recommendation will be, read reviews from all the sources available online and decide on what suits the most for your small business.

If you have any other recommendation, please share at the comment section below.

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You may also like to read…

• Best eWallet Apps in India 
• Best UPI Payment Apps in India