Payment Gateway Comparison in India

Description
A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses, online retailers, bricks and clicks, or traditional brick and mortar. It is the equivalent of a physical point of sale terminal located in most retail outlets.

Name website Address Setup Charges TDR for Visa / MC / DinersCC TDR for Amex / JCB TDR for Cash Cards TDR for Debit Cards TDR for Netbanking Annual Software Charges Pay on Phone Mobile Payments Pay on EMI

EBS www.ebs.in 12000.00 5.00% 5.00% 5.00% 5.00% 5.00% 3600.00 NA NA NA

Paysignet www.paysignet.com 6000.00 5.00% 5.00% 5.00% 2.00% 4.00% 1500.00 NA PayMate NA

Comments Revenue 5 Lacs on CC in Month 1 5 Lacs on CC in Month 2 10 lacs on CC in Month 1 10 lacs on CC in Month 2 25 lacs on CC in Month 1 25 lacs on CC in Month 2 NA here refers to Not Available / Applicable

NA

NA

40600.00 25000.00 65600.00 50000.00 140600.00 125000.00

32500.00 25000.00 57500.00 50000.00 132500.00 125000.00

Points to note: 1. PayZippy is the best option as there is no startup and annual cost, also the overall cost is lowest. 2. PayuPaisa is the best option if you do not want a startup cost. 3. In case you are looking for only Visa / Mastercard CC then Transecute is the best option. 4. Zaakpay is the lowest in terms of cost however, it is a startup and also setup charges of Rs. 10000 has to be paid. 5. EMI option is available with PayU 6. All calculations are basis individual transaction of Rs. 500 each

Comparison of Indian Payment Gateways CCAvenue www.ccavenue.com 0.00 5.50% 5.50% 5.50% 1.25% 4.00% 1200.00 0.50% PayMate NA Zaakpay www.zaakpay.com 10000.00 3.00% NA 3.00% 3.00% 3.00% 0.00 NA NA NA Paypal www.paypal.com 0.00 4.20% 4.20% NA NA NA NA NA NA NA 2Checkout www.2checkout.com 660.00 6.00% 6.00% 0.00% 0.00% 0.00% 0.00 0.00 0.00 0.00

NA

NA

Transactions possible in USD or any of the listed Transactions possible currencies only, in USD, Refer RBI Refer RBI Guidelines Guidelines Outflow 30660.00 30000.00 60660.00 60000.00 150660.00 150000.00

28700.00 27500.00 56200.00 55000.00 138700.00 137500.00

25000.00 15000.00 35000.00 25000.00 72500.00 62500.00

21000.00 21000.00 42000.00 42000.00 105000.00 105000.00

verall cost is lowest.

best option. charges of Rs. 10000 has to be paid.

DirecPay www.direcpay.com 6000.00 5.50% 5.50% 5.50% 1.25% 5.50% 3600.00 NA NA 3.5% - 5.5%

PayZippy www.payzippy.com 0.00 2.50% NA NA 1.00% NA 0.00 NA NA NA

PayU www.payu.in 6000.00 4.90% NA 4.90% 1.25% 4.90% 2400.00 NA NA 3.5% - 5.5%

PayuPaisa www.payupaisa.com 0.00 3.20% NA 3.20% 3.20% 3.20% 0.00 NA NA 3.20%

Transecute www.transecute.com 0.00 5.00% NA NA NA NA 0.00 NA NA NA

3.5 % for 3 months and 5.5% for 6 months

Diners not available, promotional pricing

NA

Rs. 3 per transaction charged additionally

NA

utflow 37100.00 27500.00 64600.00 55000.00 147100.00 137500.00 12500.00 12500.00 25000.00 25000.00 62500.00 62500.00 32900.00 24500.00 57400.00 49000.00 130900.00 122500.00 19000.00 19000.00 38000.00 38000.00 95000.00 95000.00 25000.00 25000.00 50000.00 50000.00 125000.00 125000.00



doc_603570565.xlsx
 

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