Contactless payment systems for fast-growing Indian market you should know

The non-contact payment market in India is projected to grow up to 1700 million dollars by 2025. As per experts, the use of online payment gateways is pushing businesses and consumers toward contactless payments. There are top-rated payment platforms that are adding superb features to give cutting-edge benefits to users. So, choosing a payment gateway in Hyderabad is your priority if you are engaged in the e-commerce business. This would certainly gear up your digitalized business journey. So, think about payment gateway integration and check the following guide to know top-rated payment systems for the Indian market.

PayTM

This is the most popular online payment gateway which is an abbreviation for “pay through mobile”. There are more than 20 million merchants in India that are using this platform. It offers a sturdy digital payment solution to the e-commerce and retail sectors. It renders users with multiple payment options such as credit card, net banking, UPI, and PayTM wallet. You can consider this payment system for your start-up as its set-up is free and you would not have to pay any annual maintenance charges. In India alone, there are 350 million users of this payment platform.

Cashfree

You can link your business with this payment gateway in Hyderabad to receive secure payments from customers. Cashfree as the name implies would bring obstacle-free flow to your business. It offers multiple platforms for accepting online payments and also can integrate with e-commerce platforms like Shopify and Magento. This payment gateway offers stunning features for easy integration and setup. Also, It supports multiple currencies for financial transactions and provides payment facilities through UPI, net banking, and IMPS.

Instamojo

Another Indian giant in the online payment structure to thrive the merchants and consumers with easy payment facilities. It also supports payments through UPI, net banking, IMPS, and also support international payments. Currently, this payment platform is supporting 3+ million merchants in India. It is anticipated to nurture more in the forthcoming years. Along with easy online payment integration, this PG also provides a dashboard to check payment details. As a merchant, you can also create payment links and can send them to buyers for faster payment. Also, if you own a website, you can embed a pay button on your website with Instamojo.

Razorpay

You can also check this payment gateway in Hyderabad to unite with your e-commerce website. It offers end-to-end payment solutions and can be integrated with multiple online shopping platforms and apps. You can switch to this fastest-growing payment system and can get the best support from your service provider. The pricing for this payment system is zero and you can use this system without annual maintenance charges. Moreover, it is one of the trusted and secure PGs that is useful for e-commerce merchants.