Top 6 Online Payment Gateways for Small Businesses
  • 01 Aug 2019
  • Admin

Top 6 Online Payment Gateways for Small Businesses

Sales, sales, sales – as a small business or website owner, you’ve already got your insights to them.


When $$$ is involved, companies want their customers’ purchasing experience towards the site to be as positive and seamless as possible. It encompasses with most essential and the checkout experience. When you’ve invested the time in order to build a beautiful website and purchase some quality web hosting. When you invest your time in order to build an effective website and buy quality web hosting. But, have you thought through the checkout process; if it is simple and streamlined then you can invite more customers to well, show you the money. To make this happen inefficient manner, it is essential to acquire the best Payment Gateway. Let us know what is the Payment Gateway?


A payment gateway entails with front-end technology which reads payment cards and sends customers’ information to merchant acquiring banks for processing. It is a vital aspect of all electronic payment card processing. Payment Gateways are offered in distinct features to help facilitate the electronic payment process for merchants.


“Payment Gateways play a pivotal role in online payment ecosystem and using the wrong gateway thus to accept payments from customers as well as send the entire payment process on a download spiral”.


Have a look at the Top 6 online payment gateways to look forward to in 2019.


  1. Razorpay- Itis a payments company that provides payment solutions to online merchants in India. Razorpay was founded in 2014 in our own city of Jaipur. They were part of the winter batch of Y Combinator’s startup program in 2015. Razorpay allows online businesses to accept, process and disburse digital payments through several payment modes like debit cards, credit cards, net banking, UPI and prepaid digital wallets. Razorpay payment solutions can be integrated by both web and mobile applications. Razorpay currently works only for businesses in India, but that doesn’t make it small. Functionality and developer friendliness-wise Razorpay can be called Stripe of India.
  • Setup Fee: Zero
  • Annual Maintenance Fee: Zero
  • Transaction Fee: From
  • Top Clients: JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money and PayZapp.



  1. CCAvenue- Launched in 2001, CCAvenue is one of the oldest payment gateways in India. Recently, it has overhauled the UI of their website and merchant dashboard. This payment gateway method supports by almost all banks and payment option out there. It is reliable and used by numerous e-commerce websites, i.e. Snapdeal. I would strongly suggest you this payment gateway as it helps to wave off the annual maintenances charges completely.


Go for CCAvenue, if you’re searching for a reliable payment gateway in India, it is tried and tested.

  • Setup Fee- Zero for startup pro plan, Rs. 30000 for privilege plan.
  • Transaction Fee- From 1.99% + Rs.3 to 2.99% + Rs.3
  • Top clients- Makemytrip, Naukri, Yatra, Cleartrip, Redbus, Snapdeal and Myntra.



One of the major benefits of CCAvenue is it accepts multiple currencies that implies you can get payments not only in INR but also in Euro and INR etc.

  1. PayU- It’s a proemient online payment applicator=ion which enables to make payments faster for merchant and buyers. PayU has covered 18 markets over Asia, Eastern and Central Europe, Lain America, the Middle East, and Africa by reaching across 2.3 billion customers. It is having 300 payment methods to make fast, simple and secure electronic payments from different platforms. In addition to this, it also supports, one-click purchasing through a single click. Hence, improving customers’ conversion rates on e-commerce websites. It can easily integrate and receive all local payment methods instantly which assist to make single-click purchasing. It accepts of multi-currency, effective mobile integration and Web Checkout.
  • Setup Fee- Zero for startup pro plan, Rs. 30000 for privilege plan.
  • Transaction Fee- From 1.99% + Rs.3 to 2.99% + Rs.3
  • Top clients- Pepperfry, Groffers, Foodpanda, OLA, Bookmyshow, Goibibo, Jabong etc.

  1. PayTM- It has emerged as a leading online payment platform cause of having a large online customer base with “PayTm Cash” Wallet. Paytm doesn’t charge you anything for setting up an account and for maintaining it. All you do is free of cost, their transparent and honest pricing include flat 1.99% + taxes per transaction. Instead of this, it is quite hard to get information about its pricing which is cheaper and transparent by 0.01%. In addition to this, it is very easier to transact money from your wallet to account. However, other transactions may take almost 7 working days, depends on bank services and transaction time. Also, it is to be noted that they do the transactions while holidays.
  • Setup Fee- Rs 5000. Waived as of now
  • Annual Maintenance Charges: Rs 5000. Waived as of now
  • Minimum Annual Business Requirement: ZERO
  • Top Clients- Uber, Bookmyshow, Domino’s Pizza, Food Panda, etc.

  1. CashFree- It is a next-generation payment gateway which assists Indian businesses both collects and disburse payments via 100 payment methods, i.e. Visa, UPI, NEFT, MasterCard, IMPS, Rupay, etc. Pay later and various EMI options. Cash-free offers plug-n-play international payments by connecting PayPal accounts. It is a really good payment gateway method, their rates are low and technical support is very much responsive.
  • Setup Fee: Zero
  • Annual Maintenance Fee: Zero
  • Transaction Fee: From 1.95%
  • Top clients: Dunzo, Wedmegood, Commut, Eventshigh, ClubFactory, HappyEasyGo, Milaap, Ketto


  1. Mobikwik- This payment gateway accepts all types of payment through widespread Net Banking. Wallets, UPI, EMI and almost all Indian and International Visa, Master Cards, Diner Cards, discover American Express. It supports all major debit and credit cards, 50+ net banking portals, e-wallets, international cards, electronic- COD. The process of Mobikwik is quite simple actually. To transfer money from your MobiKwik wallet to bank account, it requires- accurate balance, account name, account number, and IFSC code in the required fields and hit the Continue button.
  • Setup Fee- Negotiable
  • Annual maintenance fee- Negotiable
  • Transaction Fee- 4% for a non-KYC compliant user and 1% fee for a KYC compliant user.



Hence, if you’re looking for an easiest and effective payment gateway for your organization, then I would like to recommend you to switch towards “Razor Pay”. As it accepts the process and disburses digital payments for businesses in India.  Razor-Pay Split payments make vendor payouts; manage marketplace money flow and so on through powerful APIs. With Razorpay Route you can focus on your business and leave the hassles of money movement to us.