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Top 5 Payment Gateway Companies in India

Indian payment gateway

Payment gateways are essential for any business that accepts payments through digital mode. The technology circulates financial data around the necessary entities to authorise payments and move money from a customer to a merchant.

A Payment gateway is a technology provided by a third party that ensures the secure transfer of money from the customer’s bank account to the merchant’s payment portal. The easiest way to get a Payment gateway for online businesses is to sign up with a payment service provider.

For example, if customers book a flight online through a website, the website will give them some payment options, like credit card, debit card, UPI, etc., for the booking. The options are visible due to the Payment gateway service that allows customers to pay through them.

Before selecting a Payment gateway service provider, it is important to check the features listed below:

●    It should offer multiple and necessary payment modes

●    The checkout process should take minimal time

●    It should identify fraud at every step

●    Accepts payments in multiple currencies

●    Study the pricing


Cashfree Payments is a reliable Payment gateway that can manage online, mobile, and offline payments. Businesses with high transaction volumes can go for it, as it has a centralised control and an advanced dashboard.

●    Payment modes- It offers 120+ payment methods to customers, including cards, 65+ net banking options, Paytm, UPI, other wallets, payment links and Pay later options like EMI or Buy Now Pay Later (BNPL).

●    Pricing- The transaction fees are the lowest in the industry and vary for different payment models:

○    0% per transaction for UPI and RuPay.

○    1.90% for using net banking, digital wallets, Google Pay, and debit/credit cards.

○    2.95% per transaction for Diners Club and American Express cards.

○    3.5% + Rs 7 per transaction for Visa and Mastercard international credit/debit cards

○    2.2% for opting to pay later and cardless EMIs.

●    E-commerce plugins-The integration kits are developer-friendly and offer a same-day onboarding facility. Cashfree offers multiple integration APIs for website integration, mobile SDK integration, and predefined plugins for some leading e-commerce platforms like Shopify, Magento, Woo-Commerce, OpenCart, WHMCS, and PrestaShop.

●    Advanced dashboard- Also, merchants can reconcile all payments, settlements, and refunds and get notified on transaction status – success, pending, etc. in real-time.

●    International transaction support- Businesses can extend their reach to customers abroad by unblocking international payment options. The Payment gateway tool supports 30+ foreign currencies (including USD, GBP, EUR, AED, and CAD) with a two days settlement period in INR.


Razorpay is India’s first full-stack financial solutions company. It allows a fast checkout facility by enabling customers to save their card details which can be used for subsequent payments across the Razorpay network.

●    Payment modes: Merchants can accept payments from all major credit and debit card networks like Mastercard, Visa, American Express and RuPay. It has become the first Payment gateway to support credit cards on UPI.

●    Pricing- It has two plans for their product-

○    The standard plan for startups and small and medium enterprises at 2-3% per transaction with no setup and annual maintenance fee.

○    Customised plans from bigger companies.

●    E-commerce plugins- Merchants can build a plugin that integrates Razorpay Payment gateway with websites created using e-commerce platforms such as Shopify, WordPress, WiX, Drupal or Spree Commerce.

●    International transaction support-  Its Payment gateway platform can accept international cards from customers in various countries, including Europe, US, South East Asia etc.


A Payment gateway service provider that offers simple, secure, and validated Internet payments via a complete range of online payment solutions for businesses. It provides multilingual checkout pages in 18 major Indian and International languages and engages consumers who prefer content in their native languages to give the seller a wider global reach.

●    Payment modes: Merchants can accept payments through credit or debit cards, Net Banking, digital wallets, mobile payments, etc. It provides maximum payment options, including six credit cards, 58+ net banking, 97+ debit cards, 13 prepaid instruments, and EMIs.

●    Pricing: CCAvenue takes a different approach in its setup fee pricing. It includes a Startup Pro Plan with no charges and the Privilege Plan that charges Rs. 30,000. Moreover, an Annual Software Upgradation charge of Rs 1200 applies to Startup accounts. Transaction fees are as follows:

○    0% on UPI payments and RuPay debit cards.

○    2% per transaction of all domestic credit/debit cards, digital wallets, net banking, and UPI transactions.

○    4.99% per transaction for all international debit/credit cards.

○    3% per transaction for all domestic corporate/commercial credit cards.

○    4% per transaction for all American Express, Amex EMI, and Diners Club Cards.

○    4.99% per transaction for all 27 multi-currency options.

○    0.20% – 0.50% per day for CCAvenue Finance service.

●    E-commerce plugins- Merchants can build a plugin that integrates CCAvenue Payment gateway with websites created using e-commerce platforms such as BuildaBazaar, WordPress, Magento, Martjack or NopCommerce.

●    International transaction support- International transaction support-  Its Payment gateway platform can collect payments in 27 major foreign currencies and allow your customer to pay in the currency they know best.

●    Marketing tools- Create, manage and showcase your offers and promotions to your customers with the range of marketing tools offered. Merchants can offer flat or percentage discounts on the product price or strategise bank alliances to run BIN-based promotional campaigns.


Businesses can use Easebuzz to collect online customer payments through its varied APIs and customised solutions.

●    Payment modes: Merchants can offer 100+ payment options such as cards (Visa, Master, Maestro, RuPay, commercial cards), wallets, UPI and netbanking, and Buy Now Pay Later (BNPL) payment instruments.

●    Pricing-The Payment gateway tool of Easebuzz comes with customised pricing suitable for every business need. Avail zero setup and maintenance fees with robust security.

●    E-commerce plugins- Merchants can install a plugin that integrates Easebuzz Payment gateway with websites created using e-commerce websites such as Shopify, WHMCS, Magento, OpenCart or WooCommerce.


●    Payment modes: Merchants can Cater for every customer with 150+ payment options across credit cards, debit cards, net banking, EMIs, BNPL, UPI, & Wallets.

●    Pricing-  At PayU, there are no setup or maintenance charges for the Payment gateway. The pricing of transactions is as below-

○    For domestic payments through Visa, Mastercard, net banking, BNPL, and wallets- 2% per transaction.

○    For payments by Diners, American Express, EMI – 3% per transaction.

○    For international transactions – 3% per transaction.

●    E-commerce plugins- Merchants can use PayU plugins to accept payments on popular e-commerce platforms like Magento, Shopify, Tally, ZohoBooks, ZohoCRM, WooCommerce, WordPress.

●    International transaction support- Businesses in India can accept international payments across the globe via Visa, MasterCard, and Amex in 150+ countries. It also supports international currencies like USD, EUR, GBP, AUD, AED, SGD, BHD, NZD, and others. Those mentioned above are the leading service providers in the e-commerce industry that help increase sales by easing the checkout process and offering your customers several payment options in various currencies.

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