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In today's online world e-commerce industry is booming day by day not even in India but all over the world. There are lots of reasons for the growing e-commerce industry but one of the main reasons is no tax to receive online payment. It makes it very easy and simple for customers as well as business owners to deal with online Payment.
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In this article, we will see the Best Payment Gateways for Startup or Businesses.
Here is the list of the Best Payment Gateways for Startup or Business
Razorpay
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Razorpay is one the best and most demanded Payment Gateways in India. It was founded in 2013 by IIT Roorkee alumni. The Platform helps manage and automate bank transfers, collects recurring payments, generates invoices, and provides working capital loans for its users.
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The Platform offers multiple payment options such as credit and debit cards, net banking, wallets, and UPI.
CCAvenue
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CCAvenue is one of the oldest and biggest Payment gateways, the platform offers more than 200 payment options. The Platform helps customers to make payments through MasterCard, Visa, Diners Club, Amex, etc.
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It also offers some other payment options such as Retry Availability and Customization, Analytics, Audit, and Multiple Currency Processing.
Direcpay
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Direcpay is one of the most reliable payment gateways in the country. The platform supports various types of debit and credit cards. Business owners connect their website with payment gateway and receive payment easily on their mobile or through net banking.
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Juspay
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Juspay is one of the secure payment startups founded in 2012. It is known for its Secure 1-Click and Express checkout functionalities. As per the company it processes more than 4 million transactions in a month.
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It is trusted by many payment brands including Amazon, MobiKwik, Yatra, MakeMyTrip, Snapdeal, Freecharge, BookMyShow, etc.
PayU
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PayU is fast to set up, allows you to upload documents directly onto their site for the verification process, and you can go live exceptionally quickly. When it comes to PayU, you will be offered different pricing packages.
Each package has other characteristics such as store card features, IVR payment, Multi-currency gateway, payment analytics. PayU India rebranded both its products-PayU enterprise and PayU money to establish them as transparent independent businesses. Now, PayUbiz is used by large companies such as Snapdeal.
BillDesk
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BillDesk is one of the best payment solution providers for a wide range of industries, including financial services, retail, and e-commerce. Setup is free but the merchant needs to pay transaction fees on each transaction this fee is based on payment methods.
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Paypal
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PayPal is one of the most popular payment solution providers in the world. According to the company it completes more than 8 million transactions daily. The Platform has a very user-friendly interface and helps with payment requests and transfers.
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Users can generate invoices and receipts for their transactions. PayPal supports more than 100 currencies and it has more than 200 million active users.
Cashfree
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Cashfree is one of the cheapest payment gateways. It supports businesses to collect and distribute payments through different payment methods, including Visa, MasterCard, Rupay, UPI, IMPS, NEFT, PayTM & other wallets, Pay Later, and various EMI options.
It offers the lowest TDR in India and has the fastest settlement cycle of 24 hours to 48 hours. Cashfree is among the best free payment gateway for a website in India as it helps to analyze your website’s designation and offers pop-up, iframe, flawless sign-out methods. Moreover, it can also work as an International Payment Gateway.
Instamojo
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Instamojo is one of the biggest and most free on-demand payment platforms that help over 1.5 million micro-entrepreneurs, startups, and MSMEs.
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The platform helps in managing and growing business online across mobile and web, with just a bank account and phone number, in minutes. the platform is free and 100% secure.
MobiKwik
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MobiKwik is one the reliable payment providers, it works as a payment gateway and a digital wallet. One of the best things is its setup is very easy and it does not take much time.
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It mostly takes 2-5 business days to set up Merchants and e-commerce business. It offers payment services via debit and credit cards as well as other internet banking methods.
Paytm
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Paytm is one of the popular service providers. It is a financial services and digital payments platform founded by Vijay Shekhar Sharma in Noida. It is a consumer app as well as a reliable payment gateway. Paytm doesn't charge any fees any transaction fees.
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EBizCharge
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EBizCharge is one of the best payment gateway platforms it is the leader in integrated payment where they help electronic payment processing, increase client profits, and enhance transaction security. The platform offers a premium transaction experience.
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Conclusion
There are lots of Payment gateways in the market, it is quite challenging to find the best payment gateway for your business. Before choosing the payment gateway consider some factors such as payment method support, security, cost-effectiveness, scalability, and customer support. user-friendly and more. always go with your business requirements.
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This was our selection of the 10 Best Payment Gateways for Startup or Business. We hope this is useful to you. The order of this list is random.