What is Payment Gateway?

A P ayment Gateway is an eCommerce application service provider service that authorises credit card payments for Online businesses, online retailers, bricks and clicks, or traditional brick and mortar. It facilitates 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 acquiring bank.

Please share with the list of payment gateway providers in India?

Here is the list of payment gateway providers in India: 1 InstaMojo 2 Cashfree 3 CCAvenue 4 Paypal 5 EBS 6 Atom 7 SBI 8 HDFC 9 PayKun 10 PayTM 11 DirectPay 12 PayUBiz 13 PayUMoney 14 Mobikwik 15 Emvantage 16 Citrus 17 RazorPay 18 EaseBuzz

Which are the Top 10 Payment Gateway in India?

Here is the list of Top 10 Payment Gateways in India: 1 Cashfree 2 CCAvenue 3 InstaMojo 4 PayUBiz 5 PayUMoney 6 EBS 7 Atom 8 SBI 9 HDFC 10 PayKun

Which is the cheapest payment gateway in India?

Cashfree is the cheapest Payment gateway provider in India. Below are its charges: - Initial Setup Fees: ZERO - Annual Maintenance Charges: ZERO - Minimum Annual Business Requirement: ZERO - Applicable Fee per Transaction: Credit & Debit cards on Visa, Mastercard, Maestro, RuPay, 70+ net banking: Flat fee @ 1.75% + Rs 0 per transaction - Wallets: Paytm, Airtel money, Freecharge, Mobikwik, Ola Money, Jiomoney: Flat fee @ 1.75% + Rs 0 per transaction - UPI: Flat fee @ 1.75% + Rs 0 per transaction - International Credit Cards on Visa, Mastercard, and American Express: Flat fee @ 3.5% + Rs 7 per transaction - Taxes extra as applicable from time to time