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Best Payment Gateways in India 2021

When you make payments through a payment gateway, the merchant’s website sends your debit/credit card details to the gateway for confirmation. The payment gateway then verifies the details from the bank and the amount gets transferred from your bank account to the merchant’s bank account.

If you are running a startup or small business or a Brand, it could be quite difficult to choose a Payment Gateway for your eCommerce store. A payment gateway is an application that makes the online payment process very simple and easy. It is actually a medium that connects a merchant’s mobile application or website with the bank.

Here is a compiled list of the most trusted payment gateways in India in 2021.

1. Bill Desk

Biggest deal in fintech: Dutch group Prosus to buy BillDesk for $4.7  billion | Business News,The Indian Express

BillDesk, a property of IndiaIdeas.com Ltd. was conceived in early 2000 to solve the frustrations of most of us when it comes to paying bills. They have created BillDesk to help consumers leverage on the potential of electronic medium to better organise and manage their payments, while escaping some of the pitfalls of traditional bill payment services.

With a vision of creating a one-stop destination through which we could make all our payments, at one time, from one location – or better still anytime from any location. A one single destination that keeps track of your bills, informs you of due dates, eliminates the hassle of writing out cheques and standing in queues and gives customers the freedom and the ability to pay with just one instruction to their bank.

The Billdesk payment gateway allows customers to pay bills such as telephone, electricity, credit card, ISP, phones, insurance, gas, etc. through their existing bank accounts. Assure your customers security of the online payments with Secure Sockets Layer (‘SSL’) technology to encrypt information exchange facilitated by Billdesk.

2. CC Avenue

Infibeam Avenues Limited (IAL), the first e-Commerce and fintech company listed on the Indian Stock exchange, is one of India’s leading digital payments and e-commerce technology solutions provider. Digital Payment Platform operates through flagship brand-CCAvenue-which is a PCI DSS 3.2.1 compliant payment gateway platform.

This payment gateway offers more than 200 payment options including 6 credit cards, 58 + net banking, 97+ debit cards, 14 Bank EMI and so on. It allows website integration and application integration as well. The transaction page is fully responsive and it provides a quick and simple checkout experience.

For security purpose, the company has built FRISK (Fraud and Risk Identification System & Knowledge). This provides a safe and secure payment environment. The best thing about this payment gateway is, there are no withdrawal fees. Air Asia, Lakme India, Myntra, etc. leverages CCAvenue and witnesses success in their businesses. One can integrate CCAvenue with Magento 2 using Meetanshi’s Magento 2 CCAvenue Payment Gateway extension.

3. Zaakpay

OpenCart - Official Zaakpay Payment Gateway

Zaakpay, payment gateway by MobiKwik, enables efficient collection and disbursement of payments. Zaakpay aims to assist online businesses whether small medium or large, with the edge to excel in a highly competitive market.

With Zaakpay, merchants get hassle-free integration and safe & secure payment processing. Zaakpay product portfolio includes checkout, payment links, and QR code payments, thus, supporting businesses to accept and disburse payments seamlessly. With these products, merchants get access to 100+ payment modes such as Credit Cards, Debit Cards, Net Banking, UPI, Wallets, Pay Later and more.

4. Citrus Pay

All in One Payments App by PayU

Citrus Pay is leading the revolution towards mobile and digital payments across all spheres of a consumer’s life. Being led by Amrish Rau and Jitendra Gupta, it is India’s fastest growing fintech company that provides consumer payments and mobile banking services.

Citrus Pay partners with the top airlines, utilities, marketplaces, and 10000 other merchants to enable seamless, secure payments for 25 million consumers. We are known for introducing industry-first payment solutions such as 1-click checkout, wallet for cabs, consumer analytics, native mobile app payments etc.

Constant innovation is the norm at Citrus Pay as it streamlines checkout flows, promises absolute security for consumers, guarantees great payment services to thousands of merchants, handles millions of transactions per month, and optimizes online purchases for the modern smartphone and tablet wielding Indian consumer.

5. Razorpay

Razorpay for WooCommerce - WooCommerce

Razorpay is the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite. It gives you access to all payment modes including credit card, debit card, netbanking, UPI and popular wallets including JioMoney, Mobikwik, Airtel Money, FreeCharge, Ola Money and PayZapp.

Razorpay’s business banking arm, RazorpayX, brings effectiveness, efficiency and excellence to all financial processes. With RazorpayX, businesses can get access to fully-functional current accounts, supercharge their payouts and automate payroll compliance. Manage your marketplace, automate bank transfers, collect recurring payments, share invoices with customers and avail working capital loans – all from a single platform. Fast forward your business with Razorpay.

Big business names such as Unacademy, UrbanClap, Zoomcar, Groffers, BookMyShow have been using Razorpay payment gateway. RazorpayX is the business banking arm of Razorpay that makes an end to end money movement easier. It’s a secured way for transactions. You can manage your marketplace and automate bank transfers. Along with this, there are also facilities for collecting recurring payments, share invoices, and avail working capital loans.

And if you are a Magento store owner, Meetanshi offers a readymade solution for you, Magento Razorpay Payments to integrate the Magento store with India’s Razorpay payment gateway to capture secure online payments in 92 currencies. Apart from this, Razorpay offers Razorpay Route API to split incoming payments among partners or individual accounts and manage money flow. Integrate the Razorpay Route API with Magento 2 using Magento 2 Razorpay Route extension to manage marketplace money flow.

6. Cashfree


Cashfree is a next generation payment gateway that helps 50,000+ Indian and global businesses collect and disburse payments via 100+ payment methods including Visa, MasterCard, Rupay, UPI, IMPS, NEFT, Paytm & other wallets, Pay Later and various EMI options. Cashfree is backed by Silicon Valley investor Y Combinator and was incubated by Paypal.

The company was started in 2015 and now it has more than 15,000 businesses using their service. Cashfree supports credit/debit cards, net banking, and UPI. The facility of receiving international payment is also available. This payment gateway has a solution called “Cashgram”. It generates a weblink so that businesses can send it to users and collect payment.

Cashfree enables more than 1,00,000 businesses with payment collections, vendor payouts, wage payouts, instant loan disbursements, e-commerce refunds, insurance claims processing, expense reimbursements, loyalty, and rewards payments. Cashfree customers include leading internet companies such as Cred, BigBasket, Zomato, HDFC Ergo, Ixigo, Acko, Zoomcar, and Delhivery among others.



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