Payoneer is a good payment gateway for Indian startups that want to become a part of eCommerce payment solutions. You can switch to this unique online payment gateway to receive and pay the money without having a merchant account. This payment gateway is more similar to PayPal and is widely used by freelancers, international businesses, and eCommerce marketplaces. It could be the best payment gateway for you if you prefer to send invoices directly to the customers. Funds will be transferred to your Payoneer’s account and you can then transfer them to your bank account. Simply put, you cannot use this payment gateway for website to charge your clients directly.
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The biggest feature of this best payment gateway in India is that it is offering multiple payment options. You can charge customers on subscription-based. Collect instant payment with data saving in the system and can accept all sorts of debit and credit cards.
Top payment gateways in India are popular for providing better control to their users so does the Payoneer to its users. It provides better administration by offering reporting dashboard, payout time, gives access to manual payment entry, and much more.
This is the secure fast payment gateway that won’t put your customers' data at threat of malware. It is designed with PCI compliance, and fraud detection tools, and make a 2-way security check to prevent fraudulent transactions.
You can gain the advantage from this zero setup cost payment gateway for your business. Whether you are a freelancer, e-commerce marketplace owner, or businessman, you can use it without any annual maintenance charges and setup costs.
This eCommerce payment gateway can make the cash flow easier as it supports more than 150 currencies. So, receiving payments from your overseas customers is really very simple and quick by using this payment gateway.
By using this free payment gateway, you can actually make free payments to other Payoneer account holders. Payment from marketplaces with this payment gateway integration is absolutely free of charge.
Unfortunately, this online payment gateway does not work with the POS system. So, you would actually not get on how to collect payments from your clients. You can transfer payments to your bank account from Payoneer account.
It comes with an automated fraud detection system that can seize your account in case of a fraudulent transaction or can cause unwanted payment delays.
By using this online payment gateway, you can receive payments free from other Payoneer users. You can even receive payments in euros, pounds, and dollars free from Payoneer users.
You will have to bear the cost of 3 percent per transaction fee on credit cards for all currencies. The transaction fee is 1 percent for ACH bank debits
You can also get payments from marketplaces like Upwork, Fiverr, Airbnb, etc. However, the transaction fee might vary for receiving payments from these marketplaces directly.
You have to pay 2.5 % per transaction to use this online payment gateway.
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