Top 7 online payment gateways in india 2022

Payment gateways are essential to collect payments quickly through online here are some suggestions for Indian merchants

Razorpay is an India-based, fintech company that provides payment gateway services to vendors, merchants and ecommerce platforms. It is an online system that is designed to handle end-to-end payments that can also be integrated with different websites and apps. The company was founded by IIT Roorkee alumni Shashank Kumar and Harshil Mathur in 2014. It is headquartered in Bangalore, India.

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Cashfree is an Indian payments company, headquartered in Bangalore, India. It provides payment gateway and API Banking services to online businesses. Cashfree was founded in 2015 by IIT Kharagpur graduate Reeju Datta and IIIT Hyderabad graduate Akash Sinha. It was registered under the trading name Pasfar Technologies Private Ltd. In 2018, the company was renamed as Cashfree Payments India Private Limited. 

Cashfree allows online businesses to accept and disburse payments through several payment modes like net banking, debit cards, credit cards, UPI and prepaid and postpaid digital wallets like Ola Money Postpaid.

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PayTM is an indian online payment gateway headquartered in New Delhi, It was founded in 2010 by Vijay Shekhar Sharma under One97 Communications.  As one of the only payment gateways in India that enables UPI payments acceptance at zero cost, Paytm PG is the leading choice for businesses to save money on merchant discount rates. With zero percent MDR, online businesses can receive the entire money with no deduction on UPI payments by the consumer.

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Instamojo Inc. is a web-based Indian startup payment gateway, founded in 2012 by Aditya Sengupta, Akash Gehani, Harshad Sharma and Sampad Swain. It is based in Bangalore, India.

Reason why Instamojo has been rated as the best payment gateway :-. Instamojo sells digital goods and collects payments online. Instamojo offers a payment gateway product. The company claims to provide services to 100,000+ businesses across India to collect payments online and over 1.2 million people have made transactions. 

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PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders.  The company operates as a payment processor for online vendors, auction sites and many other commercial users.

PayPal also serves in INDIA, 

On 8 November 2017, PayPal launched domestic operations under PayPal Payments Private Limited and now provides digital payment solutions for merchants and customers in India As of 2020, Paypal supports the domestic card system RuPay and is planning to further integrate Unified Payment Interface (UPI) in collaboration with National Payments Corporation of India (NPCI) PayPal now has the largest global engineering team in India outside of the US, which is spread over Bengaluru, Chennai and Hyderabad.

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PayU is a Netherlands-based payment service provider to online merchants. The firm is owned by the Naspers Group, which also owns a stake in one of its sister companies, Tencent.  The company was founded in 2002 and is headquartered in Hoofddorp. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications. As of 2018, the service is available in 17 countries.

In 2011, Ibibo in conjunction with co-founders Nitin Gupta and Shailaz Nag, rolled out payment gateway, PayU, in the Indian market to permit websites to integrate e-commerce transactions through online payments.

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Infibeam Avenues Limited is an Indian multinational financial technology company which provides payment services globally under the brand name CCAvenue and e-commerce software services to businesses across various industries and the Government of India.

In 2016, Avenues India Pvt Ltd merged with Infibeam to enter into the fintech segment. Infibeam Avenues limited offers an enterprise digital payment services under the brand name CCAvenue to banks and enterprise clients in India and United Arab Emirates, Saudi Arabia, United States, and internationally. CCAvenue is a PCI DSS 3.2.1 compliant payment gateway platform offering merchants over 240 payment options including net-banking.

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