Jul 913 min read

30 Best Payment Gateway in India 2024 List

Updated: Oct 2

In the rapidly evolving digital landscape of India, payment gateways have become an integral part of online transactions. These platforms act as intermediaries between merchants and customers, facilitating secure and efficient online payments.

With the surge in e-commerce and digital payments, especially post-demonetization and during the COVID-19 pandemic, the demand for reliable payment gateways has skyrocketed. Indian businesses, from small startups to large corporations, are increasingly relying on these services to process transactions smoothly and build customer trust.

This article explores some of the best payment gateway options available in India, considering factors such as transaction fees, security features, ease of integration, and customer support.

What is a Payment Gateway?

Payment gateway meaning is that it's a technology service that facilitates online transactions by acting as an intermediary between a merchant's website or app and the financial institution that processes the payment.

There are 4 types of Payment Gateway:

Hosted payment gateway
API-hosted payment gateway
Self-hosted payment gateway
Local bank integration gateway

Here's a list of 30 Best Payment Gateway in India 2024, arranged in a table format for ease of reference:

1. Razorpay

Razorpay is a payments solution that allows businesses to accept, process and disburse payments. It is a popular payment gateway in India known for its easy integration, robust security features, and low payment gateway charges.

Details of Payment Gateway in India - Razorpay

Also Read: Razorpay Refer and Earn

2. PayU

PayU is the best payment gateway for local and cross-border payments and innovative financial services provider across 50+ emerging markets. It is a leading online payment service provider offering a wide array of payment solutions tailored for businesses of all sizes.

Details of Payment Gateway in India - PayU

3. CCAvenue

CCAvenue is South Asia's biggest payment gateway and one of the oldest and most trusted payment gateways in India. It offers a secure and reliable platform for accepting online payments through credit/debit cards, net banking, mobile payments, and multiple currency options.

Details of Payment Gateway in India - CCAvenue

4. PayPal

PayPal is a payment gateway for website that enables individuals and businesses to send and receive payments securely across borders. It is a fast and safe way to send and receive money or make an online payment.

Details of Payment Gateway in India - PayPal

5. Stripe

Stripe is a versatile international payment gateway known powering online and in-person payment processing and financial solutions for all businesses. It supports various payment methods, making it popular among businesses worldwide.

Details of Payment Gateway in India - Stripe

Aspect	Details
Key Feature	Embeddable UI toolkit Multi-currency payouts In-person payments Recurring payments Financial reporting
Integration Process	Integrate using APIs, SDKs, or pre-built checkout solutions
Payment Options Supported	Cards Digital wallets Bank debits and transfers Authenticated bank debits Buy now, pay later Cash-based vouchers Currencies Subsidiary support
Fees and Charges	2% for cards issued in India 3% for cards issued outside India
Settlement Time	6 business days from payment creation date

6. Paytm

Paytm is India's largest digital payment app, offering a range of services including an ecommerce payment gateway for businesses. It facilitates secure online transactions through credit/debit cards, net banking, UPI, and its own digital wallet.

Details of Payment Gateway in India - Paytm

Aspect	Details
Key Feature	Merchant Services Cashback Offers and Rewards Bank Account Integration Investment and Insurance Services Digital Wallet Functionality QR Code Payments
Integration Process	Integrate using APIs, SDKs, or plugins for popular platforms
Payment Options Supported	Credit card or debit card Net banking UPI Paytm Wallet
Fees and Charges	Up to 3% on all transactions
Settlement Time	T+1 Settlements

Also Read: Paytm Refer and Earn

7. Instamojo

Instamojo is a secure payment gateway integration designed for small businesses and individual sellers in India. It offers simple integration, quick setup, and supports various payment options such as credit/debit cards, net banking, UPI, and digital wallets.

Details of Payment Gateway in India - Instamojo

Aspect	Details
Key Feature	Quick Payment Links for Instant Transactions Secure Payment Gateway Integration Customizable Checkout Experience Automated Payment Reminders and Invoices Real-Time Transaction Tracking and Reporting
Integration Process	Integrate using APIs, plugins, or payment links
Payment Options Supported	100+ online payment modes including Google pay, Netbanking, debit & credit cards, EMI and even pay later options
Fees and Charges	For 'Lite' and 'Starter' plans - 5% + ₹3 transaction fee For 'Growth' plan - 2% + ₹3 transaction fee
Settlement Time	3 business days since the day of transaction

8. BillDesk

BillDesk is a prominent integrated payment gateway in India specializing in bill payment services for utilities, telecom, insurance, and more. It provides secure and convenient recurring payment solutions for both businesses and consumers.

Details of Payment Gateway in India - BillDesk

Aspect	Details
Key Feature	Seamless Check-out Smart Routing - switch transactions dynamically Smart Retry - retry options with same/different payment method(s) Online Refunds No-redirect to other pages
Integration Process	Integrate using provided solutions for bill payments across web, android and IOS
Payment Options Supported	150+ Payment Methods including Credit and Debit Cards, UPI, Net Banking, NEFT / RTGS, Wallet / Cash Cards, Pay with Points, etc.
Fees and Charges	Minimum of Rs. 5, plus 18% GST
Settlement Time	3-4 working days

9. BharatPe

BharatPe is a fintech company that offers an ecommerce payment gateway and other financial services tailored for Indian merchants. BharatPe accepts digital payments with QR code-based payments, UPI payments, and enables merchants to accept payments seamlessly.

Details of Payment Gateway in India - BharatPe

Aspect	Details
Key Feature	Easy-to-use and secure fintech products One QR to accept payments from multiple payment apps Get flexibility to earn up to 12% interest on balance Get auto-settlement in your bank
Integration Process	Integrate using provided APIs or SDKs
Payment Options Supported	Multiple payment methods including QR code payments, UPI, debit cards, credit cards, net banking, digital wallets, and cash payments
Fees and Charges	0
Settlement Time	T+N or Instantly

10. MobiKwik

MobiKwik is a digital wallet and best payment gateway provider in India offering a range of financial services including online payments, mobile recharge, bill payments, and more. It supports various payment methods and aims to simplify digital transactions for users.

Details of Payment Gateway in India - MobiKwik

Aspect	Details
Key Feature	High security Get access to financial products like instant digital loans Make instant settlements towards credit card bills Get extraordinary returns up to 12% p.a through Xtra
Integration Process	Access integration documentation Integrate using APIs or SDKs provided by MobiKwik
Payment Options Supported	Debit/Credit cards Banks
Fees and Charges	2.5% + GST
Settlement Time	At least 2-3 business days

Also Read: MobiKwik Refer and Earn

11. Amazon Pay

Amazon Pay is a digital wallet service offered by Amazon, allowing users to make payment gateway for website and apps using their Amazon account credentials. It enables quick and secure transactions, leveraging the trust and familiarity associated with the Amazon brand.

Details of Payment Gateway in India - Amazon Pay

Aspect	Details
Key Feature	Pay bills or recharge Order food, medicines and more Book travel tickets Buy vehicle insurance
Integration Process	Through API, SDK or Public Key ID
Payment Options Supported	Credit/debit cards Amazon Pay balance Bank accounts (direct debit) Amazon gift cards UPI
Fees and Charges	0
Settlement Time	14 days after your first payment transaction completes

Also Read: Amazon Pay Refer and Earn

12. Google Pay For Business

Google Pay for Business is an online payment gateway provided by Google, tailored for merchants and businesses. It enables businesses to accept payments from customers using various methods, facilitating seamless transactions and streamlined financial management.

Google Pay For Business Payment Gateway in India

Details of Payment Gateway in India - Google Pay For Business

Aspect	Details
Key Feature	Multiple Payment Options Quick Settlements Integration Flexibility Business Insights Security and Fraud Protection
Integration Process	APIs for websites and mobile apps Supports integration with popular e-commerce platforms and point-of-sale systems
Payment Options Supported	QR codes, phone number, or Tez mode
Fees and Charges	0
Settlement Time	between 2-3 days

Also Read: Google Pay Refer and Earn

13. PhonePe

PhonePe is a popular digital payments platform in India, offering a wide range of services including UPI-based transactions, bill payments, mobile recharges, and more. PhonePe has gained widespread adoption due to its user-friendly interface and extensive features.

Details of Payment Gateway in India - PhonePe

Aspect	Details
Key Feature	Quick Checkout Facilitate digital Payments for COD orders Dynamic QR codes prevent VPA data entry errors Collect payments easily through links
Integration Process	Offers APIs and SDKs for integrating payments into websites and mobile apps
Payment Options Supported	Bank Accounts, UPI, & Credit/Debit Cards Wallets & PhonePe Gift Card UPI Lite
Fees and Charges	0
Settlement Time	T+N (by 08:00 a.m)

Also Read: PhonePe Refer and Earn

14. PayKun

PayKun is a payment gateway solution that enables businesses to accept online payments securely. It supports various payment methods such as credit/debit cards, net banking, UPI, and wallets, catering to the diverse needs of merchants across different industries.

Details of Payment Gateway in India - PayKun

Aspect	Details
Key Feature	User-friendly checkout interface Tech-friendly for plugins and SDKs Autofill OTP Customizable Checkout UI
Integration Process	Offers REST APIs and SDKs for easy integration into websites and apps Supports integration with popular e-commerce platforms
Payment Options Supported	120+ payment method options like Net Banking, all major Credit/Debit cards, UPI, EMI, Mobile Wallets, QR Code, etc.
Fees and Charges	Flat 1.75% Per Transaction + GST
Settlement Time	T+1 to T+3 working days

15. Cashfree

Cashfree is an international payment gateway company that provides a range of payment solutions for businesses, including payment gateway services, bulk payouts, and subscription billing. It aims to simplify payment processes for businesses and enhance the overall payment experience for customers.

Details of Payment Gateway in India - Cashfree

Aspect	Details
Key Feature	Payment gateway solutions for businesses Supports bulk payouts, subscription billing, and payment links Advanced fraud detection and risk management features Dedicated customer support and developer resources
Integration Process	Provides developer-friendly APIs and SDKs for seamless integration
Payment Options Supported	Credit/Debit Card/Prepaid UPI Netbanking Wallets Bank Transfer EMI Pay Later
Fees and Charges	Starts at 1.95% per transaction
Settlement Time	T+2 days

Also Read: Cashfree Refer and Earn

16. NTT Data Payment Services

NTT Data Payment Services is a leading provider of payment processing solutions and services in India. It offers a comprehensive suite of payment products including online payment gateway, mobile POS solutions, and prepaid cards, catering to the needs of merchants across various sectors.

Details of Payment Gateway in India - NTT Data Payment Services

Aspect	Details
Key Feature	Advanced payment processing solutions Secure transaction processing Scalable infrastructure Customized payment solutions
Integration Process	Offers flexible APIs and SDKs for integrating payment solutions Supports integration with websites, mobile apps, and point-of-sale systems
Payment Options Supported	100+ payment options through UPI, IMPS, Payment Links & BNPL
Fees and Charges	Starts from 0.90% per transaction
Settlement Time	T+0

17. Ingenico

Ingenico is an ecommerce payment gateway provider offering a wide array of payment solutions for businesses. It provides services such as online payment gateway, recurring billing, and fraud prevention, empowering businesses to securely process online transactions and manage their payment operations efficiently.

Details of Payment Gateway in India - Ingenico

Aspect	Details
Key Feature	Comprehensive payment terminal solutions Secure payment processing Wide range of payment methods supported Analytics and reporting tools
Integration Process	Provides robust APIs and SDKs for integrating payment gateways Supports integration with various e-commerce platforms and custom solutions
Payment Options Supported	Ingenico Credit Card Terminal Mag Stripe EMV Enabled NFC Technology
Fees and Charges	2.25% Per Transaction
Settlement Time	T+N day

18. Citrus Pay

Citrus Pay is a digital payments platform that offers various payment solutions for businesses and individuals. It provides services such as online payments, bill payments, and mobile wallet, striving to simplify financial transactions and enhance convenience for users.

Details of Payment Gateway in India - Citrus Pay

Aspect	Details
Key Feature	Digital wallet services Payment gateway solutions Secure and seamless transactions Customizable checkout experiences
Integration Process	Offers RESTful APIs and SDKs for easy integration Supports integration with popular e-commerce platforms
Payment Options Supported	Bank account Debit or credit card Prepaid payment instruments Electronic remittances
Fees and Charges	0
Settlement Time	T+2 days

19. FreeCharge

FreeCharge is a digital wallet and payment platform in India that enables users to recharge mobile phones, pay bills, and shop online. It offers a seamless and secure payment experience, allowing users to make transactions effortlessly using their mobile devices.

Details of Payment Gateway in India - FreeCharge

Aspect	Details
Key Feature	Mobile recharge and bill payment services Digital wallet functionality Cashback offers and discounts Secure transactions Integration with various merchants and services
Integration Process	Offers APIs and SDKs for integrating payment services into websites and apps Supports integration with various programming languages and platforms
Payment Options Supported	Credit or debit card Net banking from all leading banks UPI
Fees and Charges	0 (except for utility bills)
Settlement Time	T+N day

20. SBI ePay

SBI ePay is an online payment gateway service provided by the State Bank of India (SBI), one of the largest public sector banks in India. It enables merchants to accept online payments from customers through various channels, including credit/debit cards, net banking, and UPI, with robust security features and reliable transaction processing.

Details of Payment Gateway in India - SBI ePay

Aspect	Details
Key Feature	Online payment gateway solutions Support for multiple payment methods Robust security features Dedicated customer support
Integration Process	Provides APIs and SDKs for integrating the payment gateway into websites and apps
Payment Options Supported	Credit or Debit Card Net banking Mobile Payment
Fees and Charges	1.20 % of the transaction amount
Settlement Time	T+2 days

21. HDFC PayZapp

HDFC PayZapp is a mobile online payment gateway and wallet app offering convenient bill payments, recharges, and online shopping. It provides users with cashback offers and discounts while ensuring secure transactions through encryption.

Details of Payment Gateway in India - HDFC PayZapp

Aspect	Details
Key Feature	One-click payments Convenient bill payments and recharges Range of payments Secure transactions Integration with various merchants
Integration Process	Web collect flow Intent flow UPI integration
Payment Options Supported	Credit or Debit Card UPI PayZapp wallet
Fees and Charges	2.5% + 18% GST for bank accounts
Settlement Time	T+2 days

22. Finserv ICICI Merchant Services

ICICI Merchant Services, a part of Finserv, offers payment gateway solutions with support for multiple payment options. It focuses on fraud detection and prevention measures while providing customized payment solutions for businesses.

ICICI Merchant Services Payment Gateway in India

Details of Payment Gateway in India - Finserv ICICI Merchant Services

Aspect	Details
Key Feature	Support for multiple payment options Fraud detection and prevention measures Customized payment solutions for businesses
Integration Process	Through APIs or SDKs
Payment Options Supported	Credit or debit card UPI Bharat QR Net banking EMI payments DCC payments Standing Instructions (SI) Recurring IVR payments
Fees and Charges	1.90% plus GST
Settlement Time	On the same day

23. JusPay

JusPay provides simplified payment gateway for website solutions with secure and frictionless transactions. It offers integration with various payment methods and provides comprehensive analytics and insights along with dedicated technical support.

Details of Payment Gateway in India - JusPay

Aspect	Details
Key Feature	Simplified payment processing solutions Secure and frictionless transactions Integration with various payment methods Comprehensive analytics and insights Dedicated technical support
Integration Process	API only, no SDK required User-friendly payment flow across web and app platforms
Payment Options Supported	Credit/Debit ards UPI eNach eMandate Wallets
Fees and Charges	0.25% per transaction or ₹15,000 per month (whichever is higher)
Settlement Time	T+1 to T+2 days

24. DirecPay

DirecPay offers online payment gateway services with support for various payment methods and customizable checkout options. It focuses on fraud detection and risk management while ensuring quick settlement of funds.

Details of Payment Gateway in India - DirecPay

Aspect	Details
Key Feature	Support for various payment methods Customizable checkout options Fraud detection and risk management Quick settlement of funds
Integration Process	Using APIs or plugins CS-Cart/Multivendor
Payment Options Supported	Credit or debit cards Mobile payments Net banking
Fees and Charges	2% on all transactions
Settlement Time	Instantly (T+0)

25. Zaakpay

Zaakpay provides payment gateway solutions with seamless integration options for websites and apps. It supports multi-currency transactions and offers advanced security features along with dedicated customer support.

Details of Payment Gateway in India - Zaakpay

Aspect	Details
Key Feature	Seamless integration with websites and apps Multi-currency support Advanced security features Dedicated customer support
Integration Process	Website and Android SDK & API
Payment Options Supported	Credit/Debit Card Netbanking UPI Wallet
Fees and Charges	Up to 2.25% Per Transaction
Settlement Time	T+1 days

26. Paytm for business

Paytm for Business an international payment gateway offering comprehensive payment gateway solutions with support for various payment methods. It ensures quick and secure transactions and provides analytics and reporting tools.

Details of Payment Gateway in India - Paytm for business

Aspect	Details
Key Feature	Support for various payment methods Quick and secure transactions Analytics and reporting tools Integration with Paytm ecosystem
Integration Process	API and SDK Documentation
Payment Options Supported	UPI Paytm Wallet Debit/Credit Cards Net Banking EMI
Fees and Charges	0
Settlement Time	T+0 to T+N day

Also Read: Paytm Money Refer and Earn

27. Airpay

Airpay offers ecommerce payment gateway solutions with support for multiple payment methods and customized payment solutions for businesses. It focuses on seamless integration with websites and apps and provides dedicated technical support.

Details of Payment Gateway in India - Airpay

Aspect	Details
Key Feature	Support for multiple payment methods Customized payment solutions for businesses Seamless integration with websites and apps Dedicated technical support
Integration Process	Using API
Payment Options Supported	150+ payment instruments, including debit cards, credit cards, UPI/QR codes, EMI, and pay later options
Fees and Charges	Rs. 20 per transaction or 3% per transaction (whichever is higher)
Settlement Time	T+2

28. Pine Labs

Pine Labs provides an international payment gateway for point-of-sale (POS) solutions with secure card payment processing and integration with multiple payment methods. It offers real-time transaction tracking and analytics along with reporting features.

Details of Payment Gateway in India - Pine Labs

Aspect	Details
Key Feature	Point-of-sale (POS) solutions Secure card payment processing Real-time transaction tracking Analytics and reporting features
Integration Process	Plutus Edge API (from Pine Labs) Using API
Payment Options Supported	Debit and credit cards UPI Mobile wallets Reward points
Fees and Charges	0
Settlement Time	T+1

29. Infibeam Avenues

Infibeam Avenues offers ecommerce payment gateway solutions with support for multiple payment methods and customizable checkout options. It emphasizes fraud prevention and risk management.

Infibeam Avenues Payment Gateway in India

Details of Payment Gateway in India - Infibeam Avenues

Aspect	Details
Key Feature	Support for multiple payment methods Customizable checkout options Fraud prevention and risk management Seamless integration with websites and apps
Integration Process	Using API
Payment Options Supported	Cash Credit or Debit Cards Internet Banking Mobile Payments Prepaid Cards Digital Wallets UPI
Fees and Charges	2% per transaction
Settlement Time	Instantly to T+3 days

30. Payoneer

Payoneer offers international payment gateway for cross-border payment solutions with global payment processing and multi-currency support. It ensures secure transactions with compliance standards and provides integration with various platforms and marketplaces.

Details of Payment Gateway in India - Payoneer

Aspect	Details
Key Feature	Cross-border payment solutions Global payment processing Multi-currency support Secure transactions with compliance standards
Integration Process	Using API
Payment Options Supported	Credit card Local bank transfer ACH bank debit Direct bank payment
Fees and Charges	Up to 3% of the transaction amount
Settlement Time	T+3 days

Also Read: Payoneer Refer and Earn

Conclusion

In conclusion, selecting the best payment gateway in India is a pivotal decision for businesses seeking to capitalize on the burgeoning digital economy. With the right gateway, businesses can streamline transactions, bolster security, and foster trust among customers, ultimately driving growth and success.

As we navigate through 2024, staying informed about the latest innovations and offerings in the realm of payment gateways will be essential for businesses to remain competitive and meet the evolving needs of their customers. Here's to embracing the future of digital payments and unlocking new opportunities for business success.

FAQs Best Payment Gateway in India 2024:

Q1. How payment gateway works?

Ans: Online payment gateway facilitates online transactions by securely transmitting payment information between the customer, merchant, and financial institutions.

Q2. How to add payment gateway in website?

Ans: A payment gateway for website typically needs to integrate the gateway's APIs or plugins into your site's code, configure settings, and conduct testing before going live.

Q3. Which is the best payment gateway in India?

Ans: The best payment gateway in India include Razorpay, Paytm Payment Gateway, and Instamojo, Stripe, BharatPe and other apps listed in this blog.

Q4. Which is the best free payment gateway India?

Ans: The best platforms where payment gateway charges are zero in India are Amazon Pay, Paytm, Instamojo and PayU, which suitable for small businesses and individuals.

Q5. Which is better payment aggregator vs payment gateway?

Ans: Payment gateways directly connect merchants to payment networks, while payment aggregators combine multiple merchants' transactions into a single account for processing. Aggregators like PayPal may offer simplicity but might have higher fees, while gateways like Razorpay provide more control but require additional setup.