Payment gateways in India and its comparison

With the evolution of E-commerce in India, the necessity of payment gateways in India has rapidly grown and there is a increasing competition between the gateway providers.

For Entrepreneurs there is lots of confusion in choosing the payment gateways.

  1. They should be aware of the commission charges that are made by them per transaction
  2. Service should be good
  3. There should be less payment failures, where lot of payment failures would lead to customer dis satisfaction.
  4. AMC charges
  5. Web and App payment gateways

Have a look at the chart of the charges by the payment gateways.

Payment GatewaysTransaction FeesSetup FeesAMC Per YearCurrenciesPayment OptionsMobile App
Payumoney2.00%ZeroZero INRCredit card/Debit Card/Net Banking/Cash CardsYes
Payubiz3.90%Rs.4900Rs.2400INR, USD, EUR and moreCredit card/Debit Card/Net Banking/Cash Cards/PAYUMONEYYes
CC Avenue1.99% + Rs. 3ZeroRs.1200INR, USD, EUR and moreCredit card/Debit Card/Net Banking/Cash Cards and more options are availableYes
EBS3.75%Rs.9599Rs.2400INR, USD, EUR, Paypal and moreCredit card/Debit Card/Net Banking/Cash Cards and more options are availableYes
Zaakpay2.75%ZeroRs.2400INRCredit card/Debit Card/Net Banking/Cash Cards and more options are availableYes
Citrus 1.99% + Rs.3ZeroRs.4900INRCredit card/Debit Card/Net Banking/Cash Cards and more options are availableYes
Instamojo1.90%ZeroZeroINRCredit card/Debit Card/Net Banking/Cash Cards and more options are availableYes