What are payment gateways? Are they authorised?? Many questions arise in mind when one starts their online or offline businesses about payment types. In this article, we’ll discuss our ultimate pick for the top 5 incredible payment gateway in India for the website in 2020 for your small online business.
What is a payment gateway?
A payment gateway is referred to as an eCommerce service that allows businesses to accept, process and disburse payments with its product suite. Payment gateways meaning is an integration that allows website owners to accept payments and transfer key information from their merchant websites to issuing banks, card associations and online wallet players.
What are the benefits of payment gateways?
Payment gateways play an important role in the online transaction process realizing the value and hence can be considered as an important pillar of eCommerce. Payment gateways encrypt sensitive and confidential information ensuring that information passes between the merchant and the customer securely.
A most significant advantage of a payment gateway is that it makes it possible for you to sell or purchase goods and services by allowing millions of users to use it at the same time whenever you want.
What are the best payment gateway methods?
Payment gateways give you access to all payment modes like a credit card, debit card, net banking, UPI and popular wallets. You can manage your marketplace, automate NEFT/RTGS/IMPS bank transfers, collect recurring payments, share invoices all from a single platform with all customers. So, forward your business fastly with the top 5 eCommerce gateways of India. Now go cashless with these top payment gateways in India.
Top 5 payment gateways providers in India
Here is the list of top 5 payment gateways in India service provider
Paytm payment gateway
Looking for a modern, easy and cheap way for your business transactions, Paytm payment gateway would be the best option for you. It offers options comfortable for your customers, demands low fees and is easy to use as a business owner. PayTM has become India’s largest payment gateway for merchants and customers either for sending money, taking payments, paying bills, buying metro card recharges or movie tickets.
Paytm payment supports many payment methods for Indian customers like pay TM wallet, PayTM postpaid, Paytm payments bank, debit/credit cards, net banking, UPI, EMI. It is a semi-closed wallet approved by the RBI offering solutions to over 8 million merchants.
2. Google pay: made money simple
Fewer clicks resulting in more sales. Google pay is the fastest and easiest way to pay online at millions of locations worldwide. Google pay makes easy to accept payments and connect with customers for even a small business owner or a corporate manager. It is a solution that completely fits into your business.
- Google accepts payments easily and instantly.
- It provides insights at your fingertips.
- It offers rewards straight to your bank account.
- Speedy checkout.
- Brand awareness increment attracts more customers and conversion of more leads to sales.
3. Pay U payment gateway
Make your customers as simple as possible to pay for increasing conversions and sales. It is the best payment gateway offering best success rates powering about 3 lakhs+ businesses with unique payment solutions. Pay U with its noteworthy customer service roped big e-commerce biggies like Snapdeal and Jabong as their clients.
- Pay u provides 100+ payment options for your customers.
- It also accepts international payments.
- It provides world-class security to protect your customer and transaction data from potential attacks.
4. Amazon pay
Amazon pay payment gateway is the most trusted fast, easy way to make purchasing on your online store for your customers by using payment and shipping information stored in their bank accounts. It provides you with full access to customer relationships.
It offers hundreds of millions of amazon customers for a fast and known payment solution. It offers voice shopping with Alexa skills. Amazon pay enables merchants to boost revenue by converting valuable Amazon customers.
5. Paypal gateway
Paypal is one of the most widely used and popular payment gateways in the world. PayPal payment gateway has over 250 million active accounts across 250 markets, compatible with 100 currencies around the world makes a request and transfer of payments very easy. Paypal is the best choice for Indian eCommerce businesses having a large number of international customers. Paypal also provides services like uploading cheques by your smartphone’s cameras for transaction completion without exiting the website.
Hiring a Digital Marketing Company to Integrate Payment Gateway for Ecommerce Website
Search Markup is an acclaimed web development company and SEO company in Delhi. You can contact www.searchmarkup.com to request a quote for integrating the payment gateway to your eCommerce website.