In basic terms, payment gateway is a service that approves the credit cards
or different types of electronic payments like internet banking, debit cards,
cash cards and so on. Such a facility is not only important for huge and
settled business but also these are helpful for home based online
entrepreneurs. Payment gateway acts as a middle man between the bank and the
dealers websites or mobile applications .When a client wishes to make payment,
the dealers sites sends the encrypted credit cards info to the payment gateway
.At that point the payment gateway confirms the validity of these details with
the banks and required amount of money gets transferred from clients accounts
to the dealers accounts.
Best payment-gateways in India.
Following are the best payment gateway services provider in India. These
gateways have been chosen on the basis of their business sector share,
commission’s charges and reputations of promoters etc. Kindly note that these
payments gateways are not given in a particulars request. To stay in
competitions, these companies continue on revising their bonus charge and also
make discount offers from time to time. It is advisable that you visit their
site to get to know the ongoing discount.
PayPal
PayPal is an extraordinary payment gateway then other. When it started it
was revolutionary thought of sending cash through email for small online business. Those who can afford other means of payment processing PayPal gives
them a simple and inexpensive way for working together. In case you're selling
any services or items on your websites. PayPal can convey payment from your
purchaser in to bank account and PayPal take 4.4% and if you're selling thru
eBay, then PayPal charge 3.9%. In case, you're earning from online business,
you can ask for payment from your purchaser thru this services. It’s going to
be straightforward and effective.
Pay U
Pay U India is a subsidiary of the worldwide firm .Pay U is an organization
who is serving the Indian business sector since 2011. Pay U can prepare payments
with Visa, Master cards and diner credit cards : debit cards of more than 50
banks . Pay U money offers a 'purchasers protection'program. According to which
a client get an alternative option to discharge their payment only a
satisfactory purchase . They can also raise a disputes in case of any mismatch
of expectations . they claims offer you a conversion rate of more than 12% as
they deploy feature like 1 click checkout , dynamic exchanging , retry
framework and recommendations, Pay U Indians system can store card details for
clients in such a way that a buyer can simply understand the details in just 1
click.
CC Avenue
CC Avenue is the greatest payment gateways in India with more than 80 % of eCommerce dealers in India business sector are using their services.
They offer countless choices.
1.7 sorts of Credit cards (expert card, visa, American Express, JCB,
Discover, eZe click)
2.73 Or more Debit cards (All expert card/visa/maestro/RuPay)
3. Amex eZeclick.
4.8 Prepaid cards/Wallets.
5. 48 plus Net banking.
6.7 bank EMI.
CC Avenue like also accept payment in 27 major currencies.CC Avenue is a
multilingual check-out page .It means CC Avenue allow clients to see the
check-out page in the language that they see best. CC Avenue commission rates are much higher
than any other company in this industry .As they claims that they make it all
up by provide the best payment gateway in India.
