The Best Payment Gateway for You – An Adhuntt Guide
Handling an E-commerce website sure isn’t a simple deal. Among the tons of decisions, you have to make – Payment Gateways is going to be a very important one. Payment gateways are basically a merchant service provided by an e-commerce application service provider that authorizes credit card or direct payments processing for e-businesses. Our web developers at Adhuntt Media always aim for sites that provide its visitors with the best experience possible. One of the most important parts of an e-commerce enterprise is the payment system. After the visitor has done all their browsing and added their selections to the cart, is when the actual conversion takes place. This is where the payment gateway comes into play.
With so many means of the online transaction now possible, your brand should always go for a gateway that provides the best security and features. Right now in India, we have noticed that a lot of transactions among the younger generation is done through UPI. So if your Gateway has the added functionality for that, it would be a huge bonus. Now let us check out the biggest contenders for the Payment Gateway throwdown!
Made in India, made for India – this is the best definition I can find for PayU money. This is the leading payment gateway used by tons of online businesses, especially because of the customized fit nature of their services. This tailor-made services are perfect for the everyday entrepreneur and offer a simple but efficient way to carry out transactions. It doesn’t matter whether you are a service provider, an online store, an exciting startup or a growing market place; PayU money enables businesses of all sizes across India to accept mobile and online payments with minimum development effort.
Razorpay is on a class of its own. With high-end partners like Zoho and Shopify, many businesses opt for the Razorpay gateway right from BookMyShow to hotstar. The fast and reliable service is something that these businesses enjoy. By simplifying payment and transactions, now your brand can focus on improving your products and services. One of the defining features of Razorpay is its customer support. Their fast and reliable support system makes settling your transaction issues a piece of cake. Razorpay is the only payments solution in India which allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, net banking, UPI and popular wallets including JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money and PayZapp.
Instamojo has gained a huge fan following in recent times because of their straightforward no-bullshit approach payments and transactions. You can set up your account in just two minutes with a phone number and a bank account. But don’t let this make you think that security will be sacrificed for the sake of easier usability. The security is on point on par with the biggest payment gateways in India. With zero setup fees and no maintenance fees per annum, Instamojo has carved itself a prominent position in the Indian Payment gateway competition.
These three are what we shortlisted from a long list of payment gateways in India. CCAvenue is a worthy payment gateway that is actually the oldest one in India. They were falling off in the recent past but in 2014 CCAvenue came back with a bang! A completely redesigned UI and tons of features put it back on the map. This is a payment gateway that has been tried and tested. The reason why we did not include it on my list is that the onboarding time is longer than that of the other competitors mentioned here. But if that is not an issue, this is definitely one to consider too. This list was compiled after research and review by Adhuntt Media. We do not have affiliations with any of there gateways. If your brand is looking to build an e-commerce website, then we can help find and customize you one that perfectly suits your needs. Check out my other blogs to learn the best ways to build your brand and all kinds of insider tips, tricks, and secrets!