Digital payments are here with a promising potential for an increase in business for Indian merchants and consumers. And in this hour of need, we are proud to bring to you our second ebook – The Most Comprehensive Report On Payment Gateways In India – 2017.
We started out with a simple research strategy, collected all the information we could get our hands on. We managed to collect information on 30 payment gateways through publicly available resources and today we have a structured report on all payment gateways in India. This e-book will give you every insight you need about an online payment gateway.
Instagram and facebook have created a social trend with advertising. This has shifted the need for an online payment gateway from just e-commerce to any business that wants to sell anything on their website.
The Most Comprehensive Report on Payment Gateways In India – 2017 contains 8 chapters and this is what you will find in the ebook:
Chapter 1: Introduction to Online Payment Gateways
A payment gateway is one important element of a full-fledged e-Commerce site that allows you to accept and process credit cards, debit cards and other forms of payment online. Transmitting data to authorize a transaction is the job of a payment gateway. This chapter introduces the concept of payment gateways and what they are all about.
Chapter 2: Different modes of online payments in India
A brief introduction to the various other forms of online payments accepted and used in India. This chapter throws light on all the other modes of online payments that include credit cards, debit cards, net banking, mobile money, reward points and prepaid cards.
Chapter 3: How payment gateways work in reality
A payment gateway facilitates a payment transaction by the transfer of information between a payment portal (such as a website, mobile phone or interactive voice response service) and the front end processor or an acquiring bank. The payment gateway process kicks off when a customer orders a product from a payment gateway-enabled merchant. This chapter explains the entire payment gateway process cycle in detail.
Chapter 4: How to choose the right payment gateway for your business
Choosing the right payment gateway takes a little time, especially when there are so many options to choose from. But we’ve found a few ways to narrow down your options. This chapter has all the features you should look for in a payment gateway. We have even done the math for you to make it better!
You will have a clear idea on how to choose the right payment gateway for your business after reading this section.
Chapter 5: Curated lists of payment gateways in India
This chapter consists of curated lists of payment gateways in India based on quick setup time, multi-currency support, digital wallet support, cost and mobile app integration. We have segregated 30 payment gateways into different lists just to make your choices easier and help you decide faster!
Chapter 6: List of available WordPress plugins for all the payment gateways in India
If you happen to use WooCommerce (ecommerce plugin for WordPress), you might be looking for an Indian payment gateway that has a WordPress plugin. While you can get a WordPress developer to do a custom integration, it would be much faster to install, configure and setup your online payment feature with a payment gateway WordPress plugin. We have listed and linked all the payment gateways in India that have a WordPress plugin available.
Chapter 7: How to apply for an online payment gateway and what documents you would require
If you need any information regarding documents that you need to possess to apply for an online payment gateway, this section will walk you through every documental and website requirement. The documents differ for different kind of companies. However, most of the KYC documents remain the same.
Chapter 8: Payment gateway integration with WordPress or other sites
Customers often underestimate the time needed to get a payment gateway approved, integrated and tested before going live. We give you all the steps involved in integrating an online payment gateway on your website.
Payment Gateways In India - 2017
|Payment Gateway||Setup Fees||Annual Maintenance Fees||Transaction Fees|
|2Checkout||0||0||3.9% + $0.45|
|Airpay||0||0||2.5% or 2500 per quarter|
|CCAvenue||0 - Startup Pro Plan, Rs. 30,000 - Privilege Plan||0||MasterCard & Visa Credit Cards (International) - 2%, American Express / Amex EMI,JCB & Diners Club - 3%|
|Citrus Pay||0||Rs. 1200||1.99% + Rs.3|
|EBS||0 - Starter plan, From Rs. 4799 to Rs. 23999||Rs. 2400||credit card - 2%, International card - 3%|
|ePaisa||0 - Rs 3,500||Rs. 299 - Rs. 999 (Per Month)||Debit cards 0.75 – 1.00%, Credit Cards 1.75%, Wallets 2.00%,Payment gateway 2.25%|
|Instamojo||0||0||Debit card, credit card, netbanking - 2% + Rs. 3, Wallets, International credit cards, AMEX - 3%+Rs. 3|
|RazorPay||0||0||International Cards - 2%
EMIDiners and Amex cards - 3%
|QPayIndia||0||0||Negotiable, Credit Cards between 2.25% - 5.5%, Debit Cards between 1.25% - 3%, Net banking – 2%- 3%|
|PayUBiz||Rs. 4900 - Rs. 29000||Rs. 2400 (waived off for the first year)||Debit Card - 0.75% Credit Card, Netbanking, PayUmoney, Wallets - 2.25% - 2.95% EMI, Amex, IVR, International Cards - +0.75%|
You can find the list of 20 more payment gateways with additional information that include setup period, payment options, major users, multi-currency support, mobile app integration, wallet support and much more inside the ebook!
Here’s your ebook, The Most Comprehensive Report On Payment Gateways In India – 2017: