The Top 6 Payment Gateways in India: Which One is Right for You?

In the fast-paced digital world of the twenty-first century, online transactions have become an integral part of our existence. From purchasing goods and services to paying expenses and transferring funds, online payments provide undeniable convenience and efficiency.

As more businesses adopt the digital environment, a dependable payment gateway has become essential. In India, a nation experiencing a significant increase in e-commerce, there are numerous payment gateways competing for attention.

Are you looking for a payment gateway for your online business in India? If yes, then you must be aware that there are a lot of options to choose from.

In this blog post, we will be discussing the top 6 payment gateways in India. Let’s know unique benefits and limitations of each payment service provider.

Why Choose the Right Payment Gateway?

Choosing the right payment gateway is one of the most important aspects of setting up an e-commerce store. However, picking the right one is tricky with hundreds of apps.

There are many factors that you need to consider before implementing a payment gateway because custom payment gateway integration costs are hefty:

  • The cost of using the app (creating an account, annual charges, etc.)
  • The graphical user interface of the app- how easy it is to navigate
  • Which payment options are available, which include e-wallets like Paytm and Google Pay, net banking and credit/debit cards
  • Processing time

Using the right payment gateway, you can make it simple for clients to buy your items. It takes time to find the ideal match, but we’ve discovered a few tricks to speed up the selection process.

This article reviews the 6 best payment gateways available in India that you can choose for your online business.


Accepting payments online has never been easier than it is with Stripe. If you use Stripe, you may accept all the major credit cards and even Bitcoin straight on your website.

stripe payment gateway
Stripe Payment Gateway

Stripe charges you only when you make money. There are no setup fees, monthly fees, or other hidden expenses. Every seven days, the money you earn is deposited into your bank account.

Stripe is compatible with Apple Pay, allowing consumers to pay with payment information from their Apple ID. On mobile and desktop, checkout is now only a Touch ID or Face ID permission away. For the time being, it only works with basic, variable, and subscription-based items. There will be more help on the way.

Features and Charges

  • With Stripe, there are no monthly or hidden fees
  • Pay only for what you use
  • Real-time fees reporting
  • Merchan fees is only 2% for cards issued within India
  • 3% fees is applicable for cards issued outside India

CCAvenue Payment Gateway

CCAvenue has established itself as one of the forerunners of payment gateways in India. With an extensive variety of payment options and support for multiple currencies, CCAvenue caters to businesses with domestic and international customers.

Thanks to the developer-friendly tools and extensions provided by CCAvenue, integrating its payment gateway into a website or e-commerce platform is relatively simple. This ease of integration enables businesses to rapidly begin accepting payments and provide customers with a seamless checkout experience.

CCAvenue is distinguished by its commitment to security. With encryption and comprehensive fraud detection mechanisms in place, CCAvenue guarantees the security and validity of all online transactions. This level of confidence has made CCAvenue the payment gateway of choice for numerous e-commerce platforms and large businesses.


This is another payment gateway that supports a wide variety of payment options. It is funded by Y Combinator, a startup from Silicon Valley. It offers various check-out modes, including seamless and popup modes.


  • Cost:
    • No initial set up fees.
    • No annual maintenance charges.
    • The transaction fee ranges from 1.75% to 3.5%.
  • GUI: Easy to use and customizable
  • Payment options available:
    • 5 Credit Cards
    • 70+ Netbanking Options
    • 6 Mobile Wallets
    • UPI
    • NEFT
  • Processing time: Activation takes 24-48 hours.


In India, Razorpay has emerged as a pioneering and comprehensive payment gateway provider. Razorpay, renowned for its cutting-edge technology and developer-friendly APIs, simplifies and expedites the integration of payment gateways into websites and mobile applications.

Razorpay is distinguished by its intelligent routing capability, which optimizes payment flow to ensure effective transactions. Through Razorpay’s intuitive dashboard, businesses can also easily monitor real-time payments and trace transaction status.

With customizable checkout options, Razorpay enables businesses to provide consumers with a seamless payment experience. Razorpay enables businesses to create branded payment pages, whether by incorporating the company logo or modifying the user interface.

Razorpay caters to a vast array of industries and offers customized solutions to satisfy their specific requirements, from startups to well-established businesses. With features such as automatic email notifications, intelligent analytics, and simple refund management, Razorpay has become a popular and reliable payment gateway on the Indian market.


One of India’s most recognized digital payment platforms, Paytm, provides a robust payment gateway that caters to businesses of all sizes. Paytm’s payment gateway is favored by merchants due to its user-friendly interface and seamless integration options.

With Paytm’s payment gateway, businesses can simply accept multiple payment methods, such as credit cards, debit cards, net banking, and UPI-based payments. Additionally, Paytm’s QR code payments promote a frictionless economy by facilitating easy transactions for both customers and merchants.

Paytm is distinguished by its ability to expedite settlements. The merchants’ funds can be settled quickly, reducing the waiting period and assuring a steady cash flow for their businesses. Paytm’s payment gateway can be utilized by both small and large businesses to facilitate their online payment processes.


Instamojo is another popular payment gateway in India. It offers all the features you’d expect from a payment gateway, such as support for multiple payment options, multiple language support, and a wide range of security features.

Instamojo also offers some unique features, such as the ability to send and receive payments using a mobile app, and the ability to create and manage multiple accounts from a single dashboard.


With every single business and organisation growing at a rapid rate, it is more important than ever to be able to offer your customers fast payment options. As with any business, customer service is crucial. This is where digital commerce is very different from other kinds of commerce.

Customers want to be able to pay for their order and to be informed at all times on how that payment went. The last thing customers want is to experience any kind of problems.

The main reason businesses choose payment gateways is to give their customers the ease of paying with an easy, user-friendly method. Customers will appreciate it, as they can use the payment method of their choice without any hassle. The payment gateways that are available today are very user-friendly. This is not just due to their design and easy-to-use interfaces, but also because they have streamlined the entire process. In addition, all of them have very well-informed customer service.

With that being said, it is important that when you choose a payment gateway, you do your homework and find out which one is best suited for your business.

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Raj Maurya

Raj Maurya is the founder of Digital Gyan. He is a technical content writer on Fiverr and freelancer.com. When not working, he plays Valorant.

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