Payment Gateway India

Started by nancyisabell, 08-01-2014, 04:44:56

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nancyisabellTopic starter

What is use of payment gateway india????


ronybarne

#1
A payment gateway in India, or any other country, is a service that facilitates online transactions and enables businesses to accept payments from customers. Here are some key uses and benefits of a payment gateway in India:

1. Accepting Online Payments: A payment gateway allows businesses to accept various forms of online payments, such as credit cards, debit cards, net banking, mobile wallets, and more. This enables businesses to expand their customer base and provide convenient payment options to users.

2. Secure Transactions: Payment gateways employ encryption and security technologies to ensure the secure transfer of sensitive customer information during the transaction process. This helps protect against fraudulent activities, ensuring safer transactions for both businesses and customers.

3. Multiple Currency Support: Many payment gateways in India provide support for multiple currencies, allowing businesses to accept payments from customers worldwide. This is particularly beneficial for e-commerce businesses or those targeting an international customer base.

4. Integration with E-commerce Platforms: Payment gateways often offer integration options with popular e-commerce platforms, making it easier for businesses to set up online payment systems on their websites or mobile apps. This streamlines the payment process for customers and simplifies the management of transactions for businesses.

5. Faster Settlements: Payment gateways transfer funds from customer accounts to the business's bank account efficiently and securely, typically within a few days. This accelerates cash flow for businesses, enabling them to access funds quickly and manage their finances more effectively.

6. Analytics and Reporting: Payment gateways often provide detailed analytics and reporting features that allow businesses to gain insights into transaction data, sales trends, and customer behavior. This information can be valuable for evaluating the success of marketing campaigns, understanding customer preferences, and making informed business decisions.

Overall, a payment gateway in India serves as a crucial infrastructure for businesses operating online, enabling them to securely accept payments, expand their customer reach, and streamline financial operations.

It is mainly useful for traders who do business online and accept credit card payments. When a customer shop for a particular item, the website diverts to a payment gateway wherein the customer fills in the card details and make payment via Internet.
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Lipipaliwal

Payment gateway accept the global payments, Indian business sell more everyday with two checkouts online payment gateway. There are many methods for online payment, I have seen a website Nationkart which provides a great logistics and payment gateway features. The payment gateway they provide are PayU, Paytm, you can pay by credit card, debit cart and net banking etc.

saanvikadam

In simple words payment gateway is a server and software that authorizes credit card payments for eCommerce , online retailers and transmit transaction information to acquiring banks. Payment gateways protect credit card or debit cards details by encrypting the sensitive information so that the information cannot be intercepted and obtained by anyone. Online payments are becoming important for all the businesses.

Dewlance

I use manual NEFT Payment gateway ;)

I mean accept payment manually by NEFT(Online Bank) or Cash deposit, Another option is Airtelmoney but maybe they will block your account for commercial activity without permission.
Dewlance - Premium Hosting and Managed WordPress Hosting
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halley_pham

Here are some kinds of popular payment gateways in India  :P 
The first one is CCAvenue. CCAvenue has been favoured in various countries - especially South Asia. In India, it's ranked as the 2nd most popular payment solution.
PayU India. It's the India's most comprehensive payment gateway for credit cards, debit cards and net banking in India. It is a local branch of PayU, one of the largest payment gateways in the world.
Some kinds of payment gateways that is available in India concluding IPAY 88, PayPal.  :D
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Ghazala

Hello All,

Everyone  looking to start a business online to choose a payment gateway. You require a safe, quick, diverse and most important reliable gateway to get the best out of your company. Choosing a payment gateway can be a tough task. While there are certain larger fishes in the pond, interesting features.

Thanks & Regards

Lishmalinyjames

The payment gateway allows you to accept payment via various types of methods such as credit/debit card, net-banking, UPI, and wallets. There are different kinds of websites such are WooCommerce, Magento, CS-Cart, OpenCart, and so on; Razorpay can be used as a payment gateway.