10 Best Payment Gateways in India
Looking for Indian payment gateway options?
You may want to integrate secure payment gateway options with your Magento, WooCommerce, Shopify, or Prestashop stores for an enhanced shopping experience.
It can be tricky to find the best Indian payment gateway when there are so many options available.
According to Statista, online payments in India are expected to grow with more than 20% CAGR between 2019 and 2023.
However, thanks to the pandemic, online payment penetration has been seeing exponential growth.
10 Best Payment Gateways in India
Razorpay
CCAvenue
Paytm
PayU
PayGlocal
Instamojo
OPEN
BillDesk
Cashfree
MobiKwik
Razorpay
Razorpay is among the top payment gateway providers in India. The Bangalore-based emerging fintech company has received more than $200 million in funding to date. A payment gateway allows you to accept payment via various types of methods such as credit/debit cards, net banking, UPI, and popular wallets.
CCAvenue
CCAvenue is one of the most popular payment gateway providers in South Asia including India. Easy to use, fast and secure. Offers more than 200 payment options including 6 credit cards, 58 + net banking, 97+ debit cards, 14 Bank EMI, and so on.
Paytm
Paytm Payment Gateway is the only payment gateway in India that allows acceptance of UPI payments at 0% transaction fees. The gateway supports all major payment sources, including domestic and international cards, net banking, UPI, Paytm Wallet, and Paytm PostPaid.
PayU
PayU is a Netherlands-based fin-tech company that offers online payment technology to merchants. The company has more than 100 payment methods containing net banking, cards, wallets, EMI, UPI, and buy now pay later. PayU allows merchants to integrate a website and mobile app also.
PayGlocal
PayGlocal has a global reputation among popular payment gateways in India. The payment gateway offers best-in-class security for making an online transaction. Facilitates accepting payments from customers across the globe and helps expand your business. PayGlocal also supports international currency settlement.
Instamojo
Instamojo is another successful Indian payment gateway company that has more than 1 million active customers. Instamojo also allows recurring billing facilities so that merchants can accept payments on a monthly basis. It takes no charge for NEFT/RTGS and bank transfers and does not support multi-currency payments.
OPEN
The company started in May 2017, and now it has more than 3 million customers. With Series D funding, the company became the 100th unicorn in India. The payment gateway allows you to accept payment via more than 200+ methods, such as credit & debit cards, net banking, UPI, and popular mobile wallets.
BillDesk
Billdesk is one of the most trusted online payment brands in India. The payment gateway is trusted by Indian Airlines, Airtel, Vodafone, India Today, Reader’s Digest, and more. Integrate Billdesk with Magento 2 store and collect recurring payments from customers.
Cashfree
Cashfree was started in 2015 and now it has more than 15,000 businesses using its service. Cashfree supports credit/debit cards, net banking, and UPI. Big names in its list of customers include BigBasket, Dunzo, Xiaomi, HDFC ERGO, and so on.
MobiKwik
MobiKwik is one of the fastest-growing payment gateways in India. There are more than 1.5 million businesses using this payment gateway for online transactions. It has a feature that detects OTP(One Time Password) automatically and also shows website analytics.
