8 Ways To Choose The Best Payment Gateway In India

By Author: Sahil Verma
Total Articles: 160
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Looking at the growing number of online opportunities in our world, it is obvious that payment gateway in India is an essential component of the online economy. Choosing the best payment gateway in India is one of the most important things you would do when developing a strategy for your online company. Read on to learn about the factors to remember when selecting the best payment gateway in India:

Business Approval Process

Would you be willing to fill out a lengthy and thorough questionnaire in order to begin taking payments? Or do you want to start taking payments right away and then come back later to finish the paperwork? Isn't it true that the latter sounds better?

It is often preferable to use a payment gateway that allows you to concentrate on your business's development as you complete the document authentication process. Choose one that allows for simple documentation uploading and sharing.

Quick Integration

Do you want to employ a developer to link your website to your payment gateway? Or would you rather do it all yourself with the bare minimum of coding?

The payment gateway ...
... solutions in India should ideally be simple to implement. However, there are only handfuls of in India that provide you with such an interface. It should be able to serve you on both smartphones and the website. It should also support third-party e-commerce platforms and shopping carts through plugins.

Security

The worst thing that can happen to your company is losing the confidence and reputation of your loyal customers as a result of hacking or leaking confidential card info.

As technology has advanced, so has the number of cyber-related violations and false statements. Inquire into and verify how the payment gateway in India defends you from theft and hacking. Any of the authentication practices include 128-bit SSL encryption, tokenization, Advanced Encryption Standard enforcement, and strict adherence to the Payment Card Industry Data Security Standard (PCI-DSS).

Pricing And Fees Of The Best Payment Gateway

Would you be willing to share a portion of your profits with a third-party service provider while selling and earning online? Or would you rather be paid with something you were not sure of?

Definitely not! Look for a payment portal with low prices and no annual servicing or configuration costs. Often, keep an eye out for any secret fees. These can include costs you did not expect, such as cancellation fees or penalties for not maintaining a minimum account balance per month!

Multiple Payment Options

How about giving your consumers the option to pay using their favorite payment method?
It is best to use a payment portal that offers a variety of payment options. Credit/debit cards, net banking, UPI, and Wallet could be made available as standard. This makes it simple for the client to provide an alternative payment mechanism if they are unable to complete the purchase with one option. EMI and international cards will also help you expand your customer base, which can boost your revenue in the long run!

User-Friendly Transaction Management

What about a website that allows you to monitor the status of your transactions? Where do you analyze the purchase history and get timely notifications?

This, in turn, would ensure you have a seamless experience when checking your purchases, saving you time and money in the long run. And, thankfully, those payment gateways do exist! So, search for a website that serves as a one-stop-shop for anything related to online business.

Payment Gateway Customer Support

What if you get trapped while attempting to use your payment gateway? Or have you come across any technical problems about which there are no answers on the internet?

Despite all of these features and benefits, the most important aspect to consider when looking for the best payment gateway in India is the level of customer service they offer. Both process-related and technology-related inquiries should be answered as quickly as possible to ensure that the company is not harmed!

Other Tools & Services

How about a Payment Gateway that does a bit better with your online company and allows you to reach out to a larger audience?
Look for a payment gateway that can be easily used on third-party platforms with plugins, that allows you to collect payments with only payment links, or that you can test before integrating with! Choose the one with these extra perks that will only favor you in the long run.