If you are setting up an eCommerce store or selling digital products from your website, you’ll need a payment gateway to accept payments from your customers.

 

BY Analysing the best payment gate ways in India we have

 picked 5 best Payment Gateways suitable for small businesses and also compared them

PayUMoney

PayUmoney is the consumer brand of PayU India and has a wallet solution for consumers and payment acceptance solution for SMB businesses.

Setup Fee : For PayUBiz, plans starts from Rs. 4900 and go upto Rs. 29000. For PayUMoney, its Zero.

Annual Maintenance Fee: For PayUBiz, its Rs. 2400. For PayUMoney, its Zero.

Transaction Fee: For PayUBiz, its between 2.20%  to 3.90% based on the plan. For PayUMoney, its 2%.

Instamojo

Instamojo is super easy to set up. They have recently introduced instant onboarding.  you don’t require any documentation to begin a trial account with Instamojo, simply answer a few questions and get started in minutes

Create your free account with Instamojo.

Setup Fee : Zero

Annual Maintenance Fee: Zero

Transaction Fee: 2% + Rs.3

CCAvenue

CCAvenue supports almost every bank and payment option out there. It’s reliable and used by high volume eCommerce websites like Snapdeal

Setup Fee : Zero for Startup Pro Plan, Rs. 30,000 for Privilege Plan

Annual Maintenance Fee

Transaction Fee: From 1.99% + Rs.3 to 2.99% + Rs.3

Billdesk

Billdesk was incepted in 2000 in Mumbai and provides payment gateway solutions to customers and merchants in e-commerce, retail, financial services, etc

• Setup Fee : free
• Annual Maintenance Fee
• Transaction Fee:custom

PayPal

PayPal is a great choice for startups and small vendors as it pools money from all its merchants into a single aggregate account.

• Setup Fee : free
• Annual Maintenance Fee
• Transaction Fee: charges 3.9% plus an additional fee for international payments