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Top Payment Gateways in India 2024

By Viestories
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Top Payment Gateways in India
Top Payment Gateways in India 2024

Currently, the world has experienced huge growth in online payments, and with the appearance of COVID-19, people have preferred to use online payment methods for almost everything safe and secure. More and more people are adopting cashless methods to transfer money.

In all this, the work of the payment gateway comes into play. A payment gateway is a merchant service that connects users' bank accounts with the platform where users need to transfer their money.

A bank may provide a payment gateway to its customers, there is also a specialized financial service provider such as a payment service provider that provides it as a separate service.

Whether you have a small business or an established e-commerce business, good paid service is an essential factor for this.

The payment gateway platform empowers users to transact online through various payment modes like net banking, credit cards, debit cards, UPI, and other online payment apps. It is a third-party platform that provides the user with the ability to securely transfer their money to the merchant's payment portal. So in this article, we will talk about the top payment gateways in India in 2024.

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List of Top Payment Gateways in India 2024

Optimize your online payment processes with the best payment gateways in India

1. Razorpay

RazorPay - Best Payment Gateways in India
RazorPay - Best Payment Gateways in India

The Bangalore-based RazorPay was founded in 2014 by IIT Roorkee alumni Harshil Mathur and Shashank Kumar, it is one of the best payment gateways in India. Many entrepreneurs using fintech platform RazorPay for their business have noticed some increase in their conversion rate.

It has helped businesses solve the problem of digital payments. This is because of their smooth user experience. And also, the refund process is easy and automated.

If the customer applies for a refund, Razorpay will automatically get the refund if the companies set it up without any additional widgets or codes.

Users can use Razorpay subscription to execute automatic recurring transactions on various payment modes through a platform built for automation.

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2. Paytm

Paytm - Leading Payment Gateway in India
Paytm - Leading Payment Gateway in India

Based in Noida (UP), Paytm was founded in 2010 by Vijay Shekhar Sharma. It has emerged as a leading payment gateway in India due to its online customer base along with the very popular Paytm Wallet.

The platform also supports domestic credit cards such as Visa, MasterCard, Maestro, Amex, Discover and Diners.

Online transactions with Paytm can be done anytime and from anywhere and it has also served some of the biggest eCommerce companies like Jabong, OLA, Cleartrips, RedBus, Goibibo, Zomato, etc.

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3. Instamojo

Instamojo - Top-Rated Payment Gateway
Instamojo - Top-Rated Payment Gateway

The Bengaluru-based Instamojo was founded in 2012 by Sampad Swain, Akash Gehani and Aditya Sengupta, It is one of the top-rated payment gateway.

Started as a solution provider for digital payments, Instamojo has grown into a robust online payment gateway for enterprises like Micro, Small, and Medium to start, manage, and grow their business online.

The company aims to sell digital goods and collect payments online.

Users can enroll themselves in Instamojo with a bank account and start an online sales business. They can also collect material goods and payment for workshops or events.

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4. MobiKwik

MobiKwik - Top Payment Gateways in India
MobiKwik - Top Payment Gateways in India

MobiKwik Payment Gateway offers payment solutions to both individual users as well as business firms with an extremely mobile-friendly user interface and checkout design.

So, irrespective of the size of your business or the nature of usage, MobiKwik Payment Gateway is one gateway that meets the needs of every kind of payment made to individual accounts or businesses to initiate successful, secure, and safe monetary transactions.

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5. CCAvenue

CCAvenue - Leading Payment Gateway Service Provider
CCAvenue - Leading Payment Gateway Service Provider

The Mumbai-based CCAvenue was founded in 2001 by Vishal Mehta and Vishwas Patel, It is a leading payment gateway service provider authorized by Indian financial institutions.

Customers can transact online through credit cards, debit cards, net banking, digital and mobile wallets, mobile payments, and cash card modes.

The company offers its customers smooth, fast, and secure transactions. Currently, it powers over 85% of businesses in India.

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6. PayUbiz

PayUbiz - Indian online payment gateway for enterprises
PayUbiz - Indian online payment gateway for enterprises

PayUbiz is an Indian online payment gateway for enterprises that is available in multiple currencies across the world.

It serves businesses around the world to accept online payments with credit cards, debit cards and net banking. More than 80 of the top 100 e-commerce companies in India prefer to use PayUbiz for their payments.

Some of the biggest eCommerce brands and online service providers like Myntra, Grofers, Urban Ladder, Alt Balaji, BookMyShow, Ola, Jabong, etc. are using PayUbiz to accept online payments for transportation and food delivery etc.

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7. Cashfree

Cashfree - Low cost and Popular Payment Gateway in India
Cashfree - Low cost and Popular Payment Gateway in India

The Bangalore-based Cashfree was founded in 2015 by Akash Sinha and Reeju Datta, It is a low cost and popular payment gateway in India.

It helps businesses in India to accept online payments from various payment channels.

The best part about the company is that it has direct integration with multiple banks which makes Cashfree a fast and reliable payment gateway.

The company is the only payment gateway in India that offers a wide range of payment options like Visa, Mastercard, Maestro, RuPay and Amex including 70+ more net banking options. It also supports UPI, NEFT, IMPS and PayPal.

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8. Google Pay

Google Pay - Payment Gateways Method
Google Pay - Payment Gateways Method

Google Pay lets your customers pay with the press of a button — using payment methods saved to their Google Account.

Gpay has partnered with many Payments Service Providers (PSPs) around the world to make Google Pay integrations simple.

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9. BillDesk

BillDesk - Indian Online Payment Gateway Company
BillDesk - Indian Online Payment Gateway Company

The Mumbai-based BillDesk was founded in 2000 by M.N. Srinivasu, Karthik Ganapathy and Ajay Kushal, It is an Indian online payment gateway company.

It provides bill payment and settlement services to large billers like electricity, water, insurance and other service providers. In addition, it also provides customers with the ability to decide how and when to make payments.

It is a one-stop solution for customers through which customers can make all their payments anytime and from anywhere.

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10. HDFC

HDFC - Biggest Banks Payment Gateway in India
HDFC - Biggest Banks Payment Gateway in India

We all know about HDFC, it is one of the biggest banks in India. Its payment gateway is used by many big organizations like VSNL, Sify, IRCTC, etc.

If users wish to use HDFC on the website or mobile app, they shall use their EPI payment gateway services.

Some of the benefits of HDFC payment gateway are instant settlement, 100% chargeback facility, facility to accept payments in 15 international currencies, easy integration with existing applications and support for various shopping cart applications.

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11. PayU

PayU - Leading Payment Gateway in India
PayU - Leading Payment Gateway in India

PayU (formerly known as PayU Money) is the leading payment gateway in India that empowering 350,000+ businesses.

It provides payment gateway solutions to online businesses through its state-of-the-art and award-winning technology.

It is one of the best multi-currency payment gateways to accept online payments.

The company requires minimal development effort, easy sign-up, and a quick onboarding process. Users can start accepting payments securely and seamlessly within their iOS, Android or Windows apps within minutes with their 100% online hassle-free onboarding process.

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12. Atom

Atom - Most Popular Payment Gateway in India
Atom - Most Popular Payment Gateway in India

The Mumbai-based Atom was incorporated in 2006, and promoted by FT Group, Currently it is one of the most popular payment gateway in India.

It is an end-to-end payment service provider offering a wide range of payment services and solutions through online and offline platforms.

The company supports payments through internet, IVR and mobile applications using credit cards, debit cards, net banking and prepaid cards. It has completed over 15 million transactions and is used by thousands of merchants across the country.

It is completely secure as it is backed with PCI DSS version 3.2 and 256-bit encryption which ensures a safe and secure transaction.

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13. PayKun

PayKun - Easy Solution for Online Payment
PayKun - Easy Solution for Online Payment

Bhavnagar, Gujarat-based PayKun was founded in 2018 by Nirav Solanki, Vijay Yadav, Nikunj Yadav, Prashant Kambad and Deepak Dabhi, It is an easy solution for online payments for all types of businesses including small businesses and medium to large.

Its payment gateway is designed to ensure that online payments are safe and secure for both customers and vendors.

The company provides free plugins and SDKs readily available on the Internet for websites and mobile applications to integrate with all major platforms. It features over 120 payment options which include various bank credit cards, debit cards, net banking, and wallets to accept payments with ease.

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Frequently Asked Questions (FAQs)

What are the top Indian Payment Gateways?
Razorpay, Paytm, Instamojo, CCAvenue, and PayUbiz are the Top Payment Gateways in India in 2024.
What is a Payment Gateway Company?
In all this, the work of the payment gateway comes into play. A payment gateway is a merchant service that connects users' bank accounts with the platform where users need to transfer their money.
Who are the founders of Razorpay?
The Bangalore-based RazorPay was founded in 2014 by IIT Roorkee alumni Harshil Mathur and Shashank Kumar, it is one of the best payment gateways in India.
Read the Next Article

Best Coworking Startups In India for 2025

Coworking startups in India are poised for growth because of rising urbanization, more remote work and a vibrant startup culture. These spaces provide flexibility and a strong sense of community appealing to both entrepreneurs and freelancers.

By Aryan Sharma
New Update
coworking space

More Indian startups and freelancers are choosing coworking spaces that provide flexible work options in a lively and collaborative setting. The rise of the gig economy and the growth of startups have increased the demand for these spaces.

In the past decade, flexible or shared workspaces have expanded greatly in India. Coworking spaces have become one of the most sought-after options for flexible work. Today, this industry is well-established and attracts businesses of all sizes. It's no longer just a place for freelancers; startups and large corporations are also embracing the remote work culture in these spaces.

Top Coworking Startup In India for 2025 

The Hive

Emerging startups and creative professionals can enjoy great food, entertainment, hospitality and shopping at The Hive, an international coworking space in India.

The Hive is known for blending work and social life. Its Work-Play-Grow philosophy encourages personal growth and development for employees while they focus on their careers.

IndiQube

IndiQube is a coworking startup in India that offers various services and amenities for businesses and entrepreneurs. It is unique as an integrated Workplace Company with over 7 million square feet focused on transforming businesses.

IndiQube Logix offers a variety of amenities, including a business telephone system, an incubation and business center, floor pantries, maintenance services, a visitor management system, a reception area, a boardroom, an executive lounge, training facilities, reliable communication connections, security features, an entrance lobby, and power backup throughout the facility.

Workafella

Workafella is a fast-growing coworking space in India that offers various facilities like telecommunication equipment meeting rooms, cafes, workstations and furnishings. Their serviced office spaces make it easy for businesses to access these amenities.

In addition, Workafella’s private office spaces come with meeting rooms, lifestyle benefits, social areas and access to Workafella events along with in-house logistics support. One standout feature of Workafella is its ability to customize office floors to meet a company's specific needs. Their skilled team of interior designers and architects collaborates with businesses to create unique and tailored workspaces.

Skootr

Skootr Cyber City Center is located in a leading corporate business complex in India, right by National Highway 8 which makes it one of the top coworking spaces in the country. 

With Skootr, companies can skip the trouble of setting up a new office by choosing shared workspaces. Skootr's private offices are very flexible and can easily adapt as a business grows. Their workspace solutions are designed to reflect a company’s brand values and provide a unique working experience.

Goodworks

GoodWorks is a popular coworking space for startups and small to medium-sized businesses (SMEs), especially in Electronic City. It’s conveniently located near a metro station and provides a great environment for startups to collaborate with Fortune 500 companies.

GoodWorks offers Dedicated Desks that come with storage units for teams and individuals. For those who prefer flexibility, they also provide Hot Desks with monthly, daily, or hourly payment options.

Cowrks

CoWrks Skyview is a large coworking space in India that serves both enterprises and startups. It is located in HITEC City, near Hyderabad's top IT and business hub.

Businesses can fully customize their workspace within a reasonable timeframe to fit their specific needs. This coworking space provides a brand-friendly environment and privacy without any hassle.

Spring House Coworking

Spring House Coworking offers fully furnished private cabins with essential printing and mail services. They also have open seats available for small teams and individuals looking for flexible or permanent workspaces among other coworkers.

The Day Access pass allows people to enjoy all the amenities of the coworking space for a day. The meeting rooms at Spring House are designed to inspire new ideas, while the event spaces are perfect for networking meet-ups, workshops, or product launches.

Smartworks

Smartworks is a coworking space for startups that aims to change India's traditional workplace culture. Their solutions are designed to adapt to the changing needs of organizations and are both advanced and affordable.

Smartworks provides a variety of extra services including access to seminars, workshops, community events and other activities ensuring that coworkers have the best experience possible.

91Springboard

91 Springboard is one of the largest coworking spaces in India, situated in Yerwada. It spans over 50,000 square feet and can accommodate more than 1,100 people, making it convenient to access Pune's key business areas and attractions.

The coworking space is conveniently located near Pune University and the train station with the airport just 3.7 kilometers away. 91Springboard especially caters to entrepreneurs, freelancers and startups with creative ideas.

Investopad

Investopad is one of the most lively coworking spaces in India hosting regular events for its members. The community is enhanced by special member groups and message boards that encourage interaction and collaboration.

Members also have access to a curated network called Crosstalk, which includes experts, investors, and industry leaders. Investopad offers fast and reliable internet through dedicated leased lines, with a broadband line available as a backup.

Conclusion

Coworking startups in India are poised for growth because of rising urbanization, more remote work and a vibrant startup culture. These spaces provide flexibility and a strong sense of community appealing to both entrepreneurs and freelancers.

By emphasizing services and technology coworking spaces can significantly influence the changing work environment in India. The coworking scene is full of opportunities as businesses look for flexible solutions that work for startups, freelancers and larger companies.