While running my consulting business I often get a request for the eCommerce website, then I end up explaining my clients a payment gateway is. Most of the time I choose the payment gateway for my client. In India, we have a big list of Payment Gateway Processors to choose from. All vary in terms of charges, processing fees, annual maintenance, and several other features.  So with this article, I will try to draw a clear picture so that it can be easy for you to choose a payment gateway.

List of top 10 Payment Gateway In Indian

Lets first see a quick comparison between these payment gateways then we will go into the details.

The list here is not comprehensive, apart from the data in the list there are many other factors, condition and applied. However, the list below will cover the general average which will apply to 95% of the transactions.

GST is charged at 18% as per the law of Indian Government.
Setup Cost
Debit Card and Net BankingInternational paymentsSettlement Period
Annual Maintainance
SignUp
1. Paytm₹ 0.001.75% + GST
 3.00%
1 Day
 ₹ 0.00
Click Here
2. Instamojo
₹ 0.00
2% + ₹3
Available on Request
NA
₹ 0.00
3. CCavenue
₹ 0.00*
2.00% *
3.00% *
NA
₹ 1200.00(from 2nd Yr.)
4. Paypal
₹ 0.00
2.5%* + ₹3
4.4% + fixed fee *
1 Day
₹ 0.00
5. Cashfree
₹ 0.00
1.75%
3.5% + ₹ 7
Instantly
₹ 0.00
6. Payu Money
₹ 0.00
2% + GST
Not Available
1 Day
₹ 0.00
7.EBS
₹ 0.00
2%
3% + ₹ 7
1 Day₹ 1200.00(from 2nd Yr.)
8. Paykun
₹ 0.00
2% + GST
3% + GST
1 Day
₹ 0.00
9. RazorPay
₹ 0.00
2% + GST
3% + GST
1 Day
₹ 0.00
10. Mobikwik
NA
1.90% +GST
2.90% + GST
1 Day
NA

Now since you have seen the basic comparison between different payment getaways in India and their charges, Let’s take a look into these payment processors individually. Then we will come up with our most preferred payment gateway.
Following things will be taken into choosing the most preferred payment gateway.

  • Ease of setup
  • Setup charges
  • Per Transaction Charges
  • Ease of Integration
  • Customer Service

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