A payment gateway is an application that makes the online payment process very simple and easy. It is actually a medium that connects a merchant’s mobile application or website with the bank. When you make payments through a payment gateway, the merchant’s website sends your debit/credit card details to the gateway for confirmation. The payment gateway then verifies the details from the bank and the amount gets transferred from your bank account to the merchant’s bank account.
There are various payment gateways in India that allow customers to make payments online. Some of the popular ones are:
Citrus Pay is one of the top payment gateways in India today. It supports most credit cards like Visa, MasterCard, American Express, etc. The payment process is quick and secure as Citrus Pay has high levels of security in place. Apart from this, it provide various services such as Citrus Cash (an online wallet) and Citrus Cube (an online application for paying bills).
CCAvenue is another a popular payment gateway, which offers multiple payment options. It supports six credit cards, namely, JCB, MasterCard, Visa, American Express, Diners Club and eZeClick. CC Avenues payment page can be viewed in 18 different languages (Indian as well as international) and it accepts payments in 27 foreign currencies. Some of these currencies are Euro, Singapore Dollar, Indian Rupees, Japanese Yen, American Dollar, UAE Dirham, Pound Sterling, Hong Kong Dollar, Qatari Riyal, Bahraini Dinar, Baht, Sri Lankan Rupee, Malaysian Ringgit, Taka, New Zealand Dollar, Canadian Dollar, Nepalese Rupee, Australian Dollar, Omani Rial, Swiss Franc, Kuwaiti Dinar, Chinese Yuan Renminbi, etc.
PayUBiz allows businesses to manage and accept their payments online. It is a well- known payment gateway that supports cards, net banking, wallets, international cards, EMI, IVR payments, etc. The payment gateway allows businesses to accept payments in 13 currencies. PayUBiz handles online banking for some of the leading banks in India. The Company has focused a lot on mobile technology and payments on Android phones can be made through just one tap.
Direcpay is a payment gateway that supports different types of credit and debit cards. Using Direcpay merchants can accept mobile payments and payments made via net banking as well. It is a solution for merchants and companies who deal with ecommerce and online transactions. Payments using Direcpay can be made using different types of foreign currencies. This payment gateway is secure and easy to use.
Zaakpay is another popular payment gateway that supports all international and Indian MasterCard credit cards, Visa credit cards, Discover and Diners credit cards. It is a secure gateway and the payments on this portal can be made using a few clicks.
Instamojo is one of the best payment gateways for purchase of digital files, tickets, services, goods, music, videos, etc. The payment process is quick and secured with bank level security. Merchants can use this payment gateway to collect payments on Facebook, Whatsapp and Instagram among others. This gateways also allows merchants to collect their payments via SMS, Email and instamojo username.
Bill Desk is a popular payment gateway that allows people to pay and receive all their bills at one place. A lot of Indian banks are connected with Bill Desk to make the payment process simple, quick and safe. Using Bill Desk, customers can decide how and when to make payments and they can also set payment reminders or alerts.
Atom Paynetz is a leading payment gateway that provides over a hundred payment options. It supports domestic credit cards such as Visa, MasterCard, JCB, American Express, Discover and Diners. It offers revenue boosters such as Promotion and Discount Engine, Multi Bank EMI, express payments, etc., to merchants.
This payment gateway is known for simplifying the entire online payment process. It is a flagship company of the Naspers group and it serves over 4,000 merchants in India. PayUMoney has partnered with some of the major banks in the country and provides a safe platform to people for receiving and making payments.
This payment gateway helps businesses in managing their payments in an easy and effective manner. Merchants can use ePaisa to manage their inventory, speed up the checkout process, accept payments on tablet or smartphones, etc. Businesses can accept credit or debit card payments, wallet payments, online payments and bitcoin payments using ePaisa. The payments are secure and the company provides 15 day money back guarantee.
This payment gateway allows merchants and businesses to accept debit or credit card payments on website, wapsite and mobile apps in a secure and hassle free manner.
Using this payment gateway, merchants can manage a large number of transactions easily and in a secure way. Emvantage allows merchants to collect payments using multiple payment modes such as credit cards, debit cards, prepaid cards, mobile payments, Netbanking, etc.
This secure payment gateway is popular for offering the express checkout feature and Secure 1-Click experience for Mobile Payments. It auto processes OTP from SMS and optimizes network efficiently to reduce the loading time of a page.
Using this payment gateway, merchants can accept online payments from their customers. People can pay using their Visa or MasterCard credit cards. The service is easy to use and integration takes less than 30 minutes.
The above mentioned payment gateways are among the best in India and they provide extremely secure platforms for people to make their payments online quickly without any worry.
RBI or Reserve Bank of India has come up with a new set of regulations for making the electronic banking transactions secure and safer. The customers will not have to incur any loss in case of an unauthorised electronic transaction. The report has to be done within a period of 3 working days. The amount involved in the fraudulent or unauthorised transaction will be credited to the account of the customers within a period of 10 days. In case the fraudulent transaction is reported after 7 working days, the bank’s policy will decide the liability of the customer.
10th July 2017