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10 Best Online Payment Gateways in India for 2023   

We all live in the digital era and have all the facilities that make our work easy. Transaction is one such thing that has become much easier and is possible in one swipe or touch and all thanks to payment gateway. In this blog, let's see the top 10 payment gateways in India for 2023.

online payment gateways in India

Making payments in India is something that has seen a great deal of development over the years. It is now possible to make payments online, through multiple payment gateways. E-commerce is booming in India. With more and more online stores popping up, it’s important to have the right payment gateway service provider in order to make transactions easier and more secure. 

But with so many payment gateways available, which one do you choose? To help make the process easier, we have compiled a list of the top 10 payment gateways in India for 2023. We’ll look at their features and more, so you can decide which one is right for your business.

What is a Payment Gateway?

A payment gateway is a service that allows businesses to accept electronic payments. Payment gateways encrypt sensitive information, such as card numbers, to ensure that it is secure when transmitted. 

Banks and other financial institutions typically provide payment gateways, but many third-party providers exist. When a customer purchases something online, the payment gateway processes the transaction and forwards the transacted money to the receiver account. 

There are many different payment gateways, but all provide basic security features and allow businesses to accept payments online.

How To Choose The Best Indian Payment Gateway

When it comes to payment gateways, there are a lot of options available and it can be difficult to choose the right one for your business. Here are a few things to keep in mind before choosing a payment gateway:

The Fee Structure

Make sure you understand the fees charged by the payment gateway. Some charge per transaction while others have a monthly fee. Compare the fees charged by different payment gateways and choose one that is most affordable for your business.

The Features

Payment gateways offer different features. Some allow you to accept credit card payments while others also support net banking and other modes of payment. Choose a gateway that offers the features you need for your business.

The Security

When choosing payment gateway, security is one of the vital things to consider. Make sure the gateway you select has robust security measures in place to protect your customers’ data.

Customer Support

In case you have any problems with using the payment gateway, it is important to have access to good customer support from the provider. Choose a gateway that offers excellent customer support in case you need any help using their platform.

List of Top 10 Online Payment Gateways in India for 2023

1. NTT DATA Payment Services India

NTT DATA Payment Gateway Services in India

NTT DATA Payment Services  is part of the NTT Group, one of the largest telecommunications companies in the world. 

NTT DATA Payment Services has a strong presence in the payment gateway space in India. It offers its clients a range of payment gateway solutions used by major e-commerce platforms and other sectors. 

NTT DATA Payment Services’ payment gateway solutions are reliable and secure, offering several features that make them ideal for use in India.

They also render various services and products such as Payment Gateway, POS Machine, IVR Payment, mGalla. 

Some of the key features of NTT DATA Payment Services’ online payment gateway solutions include the following:

  • Support for multiple currencies
  • Support for multiple languages
  • Easy integration with existing systems
  • High-security standards
  • 24/7 customer support
  • Seamless transaction

Pricing for the products

For Payment gateway:

digital marketing blog

For POS machine: 

digital marketing blog

Visit their website and social media pages to know more:

Website: www.nttdatapay.com

FAQs

Q: What is a payment gateway?

A: A payment gateway is a service that enables businesses to accept payments online. Payment gateways encrypt private data, including credit card details, to protect it during transmission.

Q: What is an API payment gateway?

A: The API payment gateway is the payment gateway or processor that is integrated to operate with the existing application for seamless payments.

Q: What is a third party payment gateway?

A: By using a third-party payment gateway, you can accept payments from customers online without first opening a merchant account with a bank.

Q: What are the two main security levels of a payment gateway?

A: The two main security levels of a payment gateway are the 2D and 3D payment gateway.

Q: What is SSL and TLS?

A: SSL is the abbreviation of secure socket layer and the TLS is the Transport layer security. Both encrypt data from the communication between the user and the server.

Q: What to consider when choosing a payment gateway?

A: The most important thing to consider while choosing a payment gateway is the features it offers like multiple language options, multiple payment modes or channels, and the security.

Q: Which payment gateway is most better?

A: Most payment gateway services provide the best features, which makes them the best to choose among the competitors. But still, we could find a few advantages and disadvantages when compared with a few factors like pricing. So check the most suitable one that meets all your needs. 

Q: What are 3 factors you should consider when choosing a payment type?

A: The very first thing to consider when choosing a payment type is your customer. Choose accordingly that is user-friendly, next is the processing speed and the security.

Q: What are the most important factors when selecting a payment gateway partner?

A: The most important factor when selecting a payment gateway partner is to always know the fee of the service, and check whether it is easy to integrate.

2. Easebuzz

Easebuzz Payment Gateway in India

Easebuzz provides the payment gateway solution to its clients for a secure, reliable, and convenient way to accept and process payments from customers. 

It also offers a wide range of features and services that enables you to accept payments from all sources including credit cards, debit cards, netbanking options, UPI, mobile wallets, simpl and ola postpaid and also it has some solid features like the data security, billing and invoice and much more. 

It assures the secured transaction process. But it currently supports the transaction within India which is the only drawback if you have to have a world-wide transaction.

3. Cashfree

Cashfree Payment Gateway in India

Cashfree is a user-friendly payment gateway service provider in India that offers a wide range of features and services that make it a very attractive option for online businesses. 

It has more than 120+ payment options and has some of the features like data security, data import and export and so on.

Some of the most popular features include instant settlement and refund, convenient payment option and much more. It is comparatively expensive compared to others, when we look on the cons side.

Also Read: Top 20 Money Making Apps in India

4. Mobikwik

Mobikwik Payment Gateway in India

Mobikwik is one of the most popular online payment gateways in India. It allows businesses to accept payments online from customers through a variety of payment methods, including credit and debit cards, net banking, and UPI.

Mobikwik has a wide range of payment gateway services, making it a better choice for businesses. 

It offers a secure platform with multiple layers of security, 24/7 customer support, and easy integration with major e-commerce platforms. One of the major concerns is that it takes time to process or reply when there is a payment failure.

5. Paypal

Paypal Payment Gateway in India

Paypal payment gateway service provider in India that allows customers to make online payments for goods and services. It offers a convenient and hassle-free way to pay for online purchases.  

The major advantage is that the encrypted data is kept secure. When we look into the cons of this platform, one of the things is that fees are required for a business transaction. 

6. Razorpay

Razorpay Payment Gateway in India

Razorpay is one of the leading payment gateway services in India. It offers a wide range of features and benefits to its customers. 

It offers a simple and user-friendly interface that makes it easy for customers to make payments using any gadgets from mobile to desktop.

It provides a wide range of payment options, including credit cards, debit cards, net banking, and UPI and a secure and reliable platform that ensures safe and secure transactions. 

It allows you to receive international payments. The only concern is that the version they offer for free is so basic.

7. Paytm

Paytm Payment Gateway in India

Paytm is another popular online payment gateway service in India. It offers a wide range of features and services that make it a great option for businesses of all sizes.

Paytm has a simple, intuitive interface that makes it easy to use. It offers various payment options, including credit and debit cards, net banking, and UPI. 

Paytm also offers a mobile app that makes it easy to manage your account on the go. The 7-day refunding period becomes the only adverse event.

8. PayG

PayG Payment Gateway in India

PayG is another famous payment gateway choice for businesses in India. It offers many of the same features as the other payment gateway service providers such as easy integration, UPI autopay, invoice payments and a wide range of payment options. 

In addition, PayUmoney has no set-up fees compared to others. One of the concerns is that it has got a more complicated onboarding process.

9. PayU

Payu Payment Gateway in India

PayU India is one of the well-known payment gateways in India. They offer a wide range of payment options for Indian merchants, including Credit Cards, Debit Cards, Net Banking, EMIs, BNPL, Bharat QR, UPI, and others.

PayU India also offers a host of other features for Indian businesses, including EMI options, cashback offers, and more. One of the disadvantages is that it is not user-friendly as there are often site crashes.

10. CCAvenue

CCAvenue Payment Gateway in India

CCAvenue is one of the leading payment gateway service providers in India. It enables merchants to accept and process payments online. 

CCAvenue offers various payment options, including credit cards, debit cards, net banking, and cash on delivery. This makes it easy for customers to pay for their purchases using their preferred payment method. CCAvenue can be easily merged into your existing website or eCommerce platform.

Though it provides world-world transactions, there are transaction failures when transacting internationally and thus it falls on the cons.

Conclusion

Payment gateway service providers in India offer a comprehensive and secure range of services that can help you to accept payments from customers conveniently. With so many options available, it should be easy for businesses to find the right payment gateway provider for their needs. This list of top 10 popular payment gateway service providers in India would have helped make your decision easier. Be sure to research the terms and conditions carefully before making a commitment so that you can ensure an optimal customer experience with every transaction.

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