Looking for a Best Payment Gateway for your business?

motionmedia.co.in
5 min readJul 14, 2021

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Which is the best payment gateway in India?

Payment Gateways

Hey, if you are a developer or are you a website owner who is looking for the best payment gateway for their website then wait for a second and read this article before you choose one.

I am a Software Developer since 2015, and working with 100+ clients we got to know that what is good and bad in Fintech and Software Industry. so you can trust us and move forward with this selection of Payment gateways.

  1. Razorpay.
  2. Cashfree.
  3. PayU Money.
  4. Instamojo.
  5. Paytm.

Razorpay

Razorpay Payment gateway

Razorpay is one of the fastest-growing payment gateways, particularly in India. If you are a Developer then the integration part of Razorpay will make you a fan of this payment gateway, it is too easy to get started with the Razorpay payment gateway. We can also say that the Razorpay products are much more developer-friendly.

You can Accept Payments with Razorpay Payment Suite. Supercharge your business with the all-powerful Payment Gateway

  1. 100+ Payment Methods.
  2. Industry Leading Success Rate.
  3. Superior Checkout Experience.
  4. Easy to Integrate.
  5. Instant Settlements from day 1.
  6. In-depth Reporting and Insights

Features and Products of Razorpay.

Payment Links.

Share payment link via an email, SMS, messenger, chatbot, etc., and get paid immediately.

Payment Pages.

Take your store online instantly with zero codings. Accept international & domestic payments

Payment Buttons

Create, Copy & Collect With Payment Button. Collect one time or subscription payments & more

Subscriptions

Subscription plans with automated recurring transactions on various payment modes.

Route

Split incoming payments automatically to vendor’s accounts, manage marketplace money flow.

Smart Collect.

Automatically reconcile incoming NEFT, RTGS, IMPS, UPI payments using Virtual Accounts & UPI-IDs

Pricing in Razorpay

STANDARD PLAN
Plan designed for Startups, Small and Medium Enterprises 2%* on transactions.

Cashfree.

Cashfree Payment Gateway

Now, so many developers say that Cashfree is one of the most futuristic gateways are out there, Cashfree is a next-generation payment gateway that helps 50,000+ Indian and global businesses collect and disburse payments via 100+ payment methods including Visa, MasterCard, Rupay, UPI, IMPS, NEFT, Paytm & other wallets, Pay Later, and various EMI options. Cashfree is backed by Silicon Valley investor Y Combinator and was incubated by Paypal.

This makes Cashfree a little extraordinary in terms of funding and technology.
It Accepts domestic and international payments with 100+ payment options. Choose from a range of integrations to give the best checkout experience to your customers.

Features and Products of Cashfree.

100+ Payment Options.

Let your customers pay by any card, 65+ Netbanking options, UPI, Paytm & other wallets, EMI, and Pay Later options.

Fast settlements

  1. Fast Settlements
  2. Accept payments and get fast settlements.
  3. Instant Settlements.
  4. Access funds within 15 min of payment capture.

Go Global

Reach customers across the globe with Cashfree international payment gateway. Show items in 100 foreign currencies.

PayU Payment Gateway

PayU Payment Gateway

Let’s talk about PayU, which is a leading financial services provider in global growth markets. they empower billions of people and millions of merchants to buy and sell online, extending the reach of financial services.

PayU is a leading financial services provider in global growth markets. We empower billions of people and millions of merchants to buy and sell online, extending the reach of financial services.

And this statement is almost true, they are in the fintech domain for a long time and they make fintech prodcuts as no one can.

So yes, PayU Payment Gateway for your Website and App can be a great option for you, because the Merchants who switched to PayU got some great results. because of Faster Checkouts and modern UI.

PayU Review

Give your customers the best payment experience from anywhere with multiple payment options.

Instamojo

Instamojo Payment Gateway

Now, to be very specific if you have an eCommerce site or you want to sell your products online, and you do not want to waste time on the integration part then you should definitely consider Instamojo. It is the simplest online selling platform, mostly used by MSME for their daily use-case.

They have their payment gateways as well which are very easy to integrate and the admin dashboard is also easy to use anyone can learn in a single day.

They have their own marketplace to sell online. :)

Instamojo is India’s simplest online selling platform. We power small, independent businesses, MSMEs & startups with online stores and online payment solutions to help them run an eCommerce business successfully.

Paytm

Paytm Payment Gateway

If you are still worried about which payment gateway is safe and secure to use. then you cannot go wrong with Paytm Payment Gateway, because Paytm is a trusted brand by more than 100+ million customers in India.

It is the only Indian brand that covers all possible fintech domain, which enables them to create new products and services, Today in India every small business owners have their own Paytm business account which helps them to collect payments easily and they are very happy for this service by Paytm.

Paytm Payment Gateway enables users to accept payments from anyone, anywhere, from all channels and devices. It is the best Indian payment gateway that lets businesses collect customer payments via website, handheld devices like mobile and tablets, and social apps like WhatsApp, Facebook, or via email and SMS.

Features and Products of Paytm Payment Gateway :

Instant activation

Paytm offers 100% online onboarding with minimum documentation to help your business go online with ease

Easy integration

Use Paytm’s robust APIs and custom SDKs to start accepting digital payments in less than 30 minutes using just a few lines of code.

100+ payment sources

Allow your customers to pay the way they want with support for debit and credit cards, Netbanking, UPI, Paytm Wallet & more

Industry-best success rates

With Paytm’s intelligent routing & direct bank integrations, we ensure that your customers’ payments go through every time

India’s most widely-used checkout

Over 450 million Indians prefer the Paytm Checkout & you can now give your customers the checkout experience they love

Dedicated support

All online merchants and payment gateway users on Paytm get dedicated support via a toll-free number and email

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