Online Payment Gateways

A payment gateway is a technological setup put in place for easier transactions. It is generally available in the form of a software or pos system machine that allows you to collect payments for your business via different transaction methods available. For example, an online payment gateway takes buyers to the purchase page, where they are asked about their account details and mode of payment. Then the same is confirmed with the bank before processing the transaction, and thus the payment is collected.

In addition, such software and pos system machines also let you keep a clear record of all the incoming payments, which otherwise would’ve been a lot more complicated. And there are numerous payment service providers currently operating in India. So, the top seven best Indian payment gateways are listed in this article.


Razorpay is one of the most widely used Indian payment gateways. It allows users to accept payments with many methods, including international and domestic credit & debit cards, EMIs, Net banking, UPI, and mobile wallet. At the same time, the user interface is also straightforward, making it comfortably adaptable to a vast range of audiences.


Paytm is a well-known digital payment platform used by millions of people across the world. Paytm also holds the crown for the best feature-rich online payment gateway for business users. Some of the most prominent Indian brands like Flipkart, Airtel, Zomato, Swiggy, and Myntra use Paytm as their checkout gateway.

Paytm allows you to receive payments from all prominent sources as listed below:

  • Cards (credit & debit)
  • Net banking
  • UPI
  • EMI
  • Paytm wallet

Paytm also gives you dashboard access specific to your business to analyze the growth of your sales as per the current market conditions.


PayU is another transaction medium that is currently used by more than 4 lakh merchants in India. It is adaptable for both websites and mobile applications. Moreover, PayU is integrated to accept international payments in 100 plus foreign currencies. They have also put strong encryption algorithms to protect users from any security threats. 

At the same time, you can also set up PayU for your web store at different platforms, including Shopify, WordPress, Magneto, and more.


PayPal, a global payment platform, is also used in India as a core payment solution. PayPal has over twenty-seven million international merchants, which makes it a secured and trusted payment service provider. PayPal also allows users to create payment links to share with the customer for a more personalized payment experience.

PayPal gives buyers many checkout options to choose the method as per their ease of transaction. As a result, many businesses in India have chosen PayPal as their trusted payment partner.


State Bank of India is among the top Indian banks with more than 15,000 branches across the country. SBI has an additional platform known as SBIePay that allows business owners to set up an efficient checkout arrangement for their customers. SBI is a trusted Indian bank, and therefore, their checkout plan is also suited for Indian buyers. 


Cashfree is popular among Indian merchants because of its affordability. It is a more economical alternative compared to other payment gateways. However, Cashfree is currently an emerging platform and thus has a smaller number of users as opposed to other payment service providers. 

Cashfree offers an instant refund facility to the customers, a unique feature generally not found in other platforms. At the same time, the instant refund service also enhances the user experience and gives a sense of security to your buyers.


JustPay is a relatively younger PSP as it was founded back in 2012. But it can handle complicated business operations because it is said to process around four million transactions every day. Just pay offers a customizable checkout layer so that merchants can adjust things according to their business. Many Indian enterprises have chosen JusPay as their online payment gateway for its efficiency and fast processing. Just pay also gives the buyers recommendations to select the convenient payment mode following their history of transactions.

So, these were the seven payment gateway platforms that are popular among Indian brands. However, it would be best to correctly examine all of the business-related aspects before choosing your payment partner or pos system machine. Then, selecting one among these will benefit you, like each of them has a particular characteristic that will suit your needs for a longer duration.

Similar Posts