Payment gateways are crucial elements for eCommerce/Online e-Stores which allows customers/users to process secure online transactions via their Credit/Debit Cards. A bad payment gateway can lead to decline in the total sales of any company and further loss in business and customers/users. We here by are listing one of the top 3 payment merchant solutions currently available in INDIA.
We have tried to share a comparison chart for these top 3 payment gateways/merchants currently available in INDIA which can help make your decide which Merchant will best fit for your e-commerce business for online transactions (depending on volume of business and your business unique requirements).
PAYMENT GATEWAY COMPARISON FOR TOP 3 INDIAN MERCHANT ACCOUNTS
| CC Avenue | PayUMoney | PayTM | |
| One Time Setup Fee (Basic) | 0-5000 | 0-4000 | 0-4500 |
| Transaction Cost (Credit/Debit Cards) | 1.25 – 7% | 1-5.4% | 1.99 |
| Transaction Cost (Netbanking) | 2-4% | 2-5.4% | 1.99 |
| Annual Maintenance Case | 1200-3600 | 0-2400 | 0-2000 |
| Features | supports multiple currencies PCI compliance integration with more than 100 shopping carts Maximum Payment Options | Go Live within Minutes Zero Upfront Cost Easy and Fast Integration Track your settlements easily | Flat 1.99% Per Transaction Fastest Checkout Instant Refunds & Cashback |
| Disadvantages | Average Customer Support | In case your payment gets failed, amount is not returned in account but it is returned in payTM wallet | |
| URLs | https://goo.gl/tn7fVy | https://goo.gl/RcnxLB | https://goo.gl/qxJcid |
| Steps to purchase | Choose your plan Click Get Started Fill in all details and you are registered | Go to above link Fill in all details Choose your plan and you are registered | Go to above link Signup and fill in all business details Choose your plan and you are registered |
IMPORTANT NOTE: The information above about these payment gateways are acquired via online sources, the data shared above (price, percentage or other items) are subjected to change and therefore a further verification by you (in case your considering to use any of these merchants) is required which can be done from the URL’s shared for each of the merchants website.
