Review: Indian Online Payment Gateways (2016)

A payment gateway is often an important part of running an online enterprise. There has to be a balance between how much it will cost you and how easy it is for customers. Today, we will give you a complete Customer experience review for all the Payment Gateways available to online businesses in India. Here you go –

1. EBS Payment Gateway

EBS Payment Gateway is one of the best payment gateway available in India. It supports almost all CMS or Billing Softwares. Here are some of the Pros of EBS:

Pros:

• Excellent Customer Support.
• Fast Approval.
• It can be integrated with almost every script.
• Accepts NetBanking through almost every available bank in India.

Cons:

• Expensive initial pricing.
• Annual charges Rs.2400.

2. PayU

PayU is one of the most widely used payment gateways in India. PayU payment gateway is used by many famous sites like Bigrock.in. Here are a few Pros and Cons of PayU:

Pros:

• Easy integration with available CMS and scripts.
• Decent Customer Support.

Cons:

• Expensive for Starters.
• High % Commission charges.
• Bad Company Reputation in Local forums regarding payouts.

3. PayUMoney

PayUmoney is also run by PayU. Initially, when Payumoney was started, the company had a terrible reputation in the Indian market in terms of payment settlements. Recently payumoney was completely modified and introduced many offers to attract new customers and merchants. However, it had failed to improve its payouts issue. It is a free payment gateway and the merchant approval process is quite lengthy. Payumoney is not recommended for unregistered companies.

4. CCAvenues

CCAvenue was recently awarded as “Best eCommerce Payment innovation of the year 2016“. It is the Best Payment Gateway for any eCommerce site. Used by all the top-notch online business across India.

Pros:

• Excellent Customer Support.
• Easy Approval Process.
• Fewer Commission charges.
• Excellent UI for admin panel.
• Issues payment every Friday without fail.
• Integration with almost every CMS.
• Build-in eCommerce site setup free.
• Endless list.

Cons:

• Nothing 🙂

Conclusion: Choose your payment gateway wisely, because it’s not just a free service but it’s about how secure is your money with the service provider you choose. Any feedbacks are always welcome. Don’t forget to like us on Facebook @ www.facebook.com/gossdhosting and stay updated with more such articles.