Link your retail business with online payment gateway today

In this tech-enabled era, service-based businesses have started to realize the importance of accepting payments online. Payments through the internet are safer and more flexible to get. In a bustling city like Mumbai where people run with time, you must not step back in your business. Like e-commerce businesses, you should also look for a reliable payment gateway in Mumbai to activate your local store. In this post, you will get to know what a payment gateway is and why your business needs one.

Top 5 online payment gateways for Indian businesses

The global pandemic situation has forced (actually encouraged) people to push toward digitalization. Today, a high percentage of Indian consumers use digital means for shopping. This has triggered businesses to opt for various digital methods to accept payments. So, if you are a business owner and want to become a part of this revolution, you should opt for a payment gateway in Surat. You can check the list of the top 5 payment systems trending in India. It helps you to make an informed decision to choose one for your venture.

CCAvenue

This PG is verified and authorized by Indian financial institutions and growing faster. It enables users to pay via debit/credit cards and net banking. If you have a business website, you can also get a secure payment link using this platform. It is not only authenticated for Indian currency but can also accept payments in foreign currencies. It has quick activation and integration which comes with faster customer support.

Paypal

Paypal is an international financial service brand that is getting immensely popular in India. It is commonly used by Indian freelancers to get paid for work with international brands. Though, as a startup, you might find this payment gateway in Surat expensive to operate. But with its flexible payment services, high-end security and fraud detection, and ability to receive multiple currencies can help your business grow faster. It is secured with PCI DSS compliance and can enable you to receive money via credit cards, digital payments, and net banking.

Razorpay

By using this PG, you can accept payments via multiple platforms from your customers. Razorpay is one of the PGs that is capturing the broader Indian market quickly. In major cities like Surat, this PG is preferred by small and medium-sized businesses. It offers end-to-end payment security and can automate your business. It comes with stunning features of lower pricing, simple transaction processing, easy integration, and quick activation.

Paytm

This is undoubtedly the most demanding payment gateway in Surat by merchants such as stores, shopkeepers, and website owners. It enables users to accept money through net banking, debit/credit cards, mobile wallets, Paytm wallet, and more. You simply need to link your bank account with this payment network. It allows you to accept payments directly to the bank with a fast settlement on the same and the next day. Also, you can utilize this PG without any set-up charges and annual maintenance fees.

Instamojo

This is the largest payment network that is apt for SME platforms in India. If you want to build your business online, this is the best solution for you. Currently, it offers more than 1.5 million Indian merchants for accepting online payments. With its free online setup, you can use it without any charges. You can use its free plan and later can upgrade to a paid plan. For activation, you can consult with reliable payment service providers and can start using this system for your business.