Top 10 Indian Payment Gateways: Secure & Reliable Options
In 2025, digital payments are more than just a convenience—they’re an expectation. As India’s e-commerce landscape expands rapidly, selecting the right payment gateway is essential for businesses to thrive. The need for secure, fast, and flexible payment systems is at an all-time high. But with so many options to choose from, how do you select the best one for your business?
This guide is here to help you make that decision. From features and transaction fees to pros and cons, we’ve got everything covered for you. Whether you’re a small startup or a large enterprise, this guide will make your payment gateway decision-making process a breeze.
Why You Need a Payment Gateway in 2025
The shift to digital payments in India has been nothing short of revolutionary. With UPI leading the way, 2025 sees even more platforms offering integrated payment solutions tailored to a wide range of businesses. From small merchants to large e-commerce stores, a good payment gateway allows you to securely accept payments online while offering flexibility and smooth user experiences.
Merchants who don’t keep up with the latest technology risk losing customers to those who offer more convenient payment methods. Let’s break down why payment gateways are more important than ever:
- Security: Payment gateways use advanced encryption technologies to protect sensitive financial data.
- Customer Experience: Fast and seamless transactions lead to higher customer satisfaction.
- Flexibility: Accept payments through multiple methods—credit cards, debit cards, wallets, UPI, and net banking.
2025 Payment Gateway Stats and Trends
- India’s digital payments market is projected to reach $1 trillion by 2026, with mobile payments taking a significant share.
- UPI continues to lead, accounting for 70% of total digital transactions in India as of 2025.
- Mobile wallets are still growing, but credit card usage is on the rise, especially for international payments.
Quick Facts about Best Payment Gateways in India for 2025
- Paytm: Offers a comprehensive suite of payment solutions with a 100% payment success rate and supports over 100 payment methods.
- Razorpay: Provides seamless integration with over 100+ platforms and offers features like subscription billing and automation.
- CCAvenue: Supports 27 major foreign currencies and offers robust fraud protection, making it ideal for international businesses.
Features, Fees, Pros, and Cons for Each Payment Gateway Platform
1. Razorpay
- Features: Multiple payment methods, secure API, instant activation, real-time transaction tracking.
- Fees: 2% + GST for domestic payments, higher for international payments.
- Pros:
- Seamless integration with over 100+ platforms.
- 24/7 customer support.
- Offers features like subscription billing and automation.
- Cons:
- Fees for international transactions are higher.
- Some users report issues with settlement delays on rare occasions.
2. InstaMojo
- Features: Instant payment link generation, e-commerce integrations, mobile-friendly interface.
- Fees: 2% + Rs 3 per transaction.
- Pros:
- Quick and easy setup.
- No annual maintenance fee.
- Simplified pricing for small merchants.
- Cons:
- Limited multi-currency support.
- Not ideal for larger businesses due to transaction limitations.
3. PayPal
- Features: Global reach, secure, offers fraud protection, supports multiple currencies.
- Fees: 3.4% + fixed fee depending on the currency.
- Pros:
- Trusted by international users.
- Easy-to-use mobile app.
- Protection against fraud.
- Cons:
- Higher transaction fees.
- Slower settlement times for some countries.
4. Paytm
- Features: Supports debit/credit cards, net banking, UPI, Paytm Bank Wallet, Paytm Postpaid, and no-cost EMIs.
- Fees: Varies based on payment method; for instance, UPI transactions are free, while credit card payments may incur a 1.99% fee.
- Pros:
- Widely trusted with over 300 million users.
- Offers a range of payment options.
- Quick onboarding process.
- Cons:
- Fees can be higher for certain payment methods.
- Limited international payment support.
5. CCAvenue
- Features: Multi-currency support, fraud prevention, EMI options, and recurring payments.
- Fees: 2% to 3%, varies based on the business type.
- Pros:
- Robust fraud protection.
- Flexible payment options like EMI.
- Cons:
- Setup fee required.
- Customer support can be slow at times.
6. PayU
- Features: Comprehensive range of merchant services with one-click e-commerce integration.
- Fees: 1.50% – 3.5%.
- Pros:
- Seamless integration with various e-commerce platforms.
- Supports multiple payment methods.
- Cons:
- Fees can be higher for certain payment methods.
- Customer support response time can be improved.
7. Stripe
- Features: Global reach, supports multiple currencies, advanced fraud detection.
- Fees: 2% – 4.3% for international transactions.
- Pros:
- Ideal for international businesses.
- Comprehensive API for customization.
- Cons:
- Not as widely adopted in India as other gateways.
- Requires technical expertise for integration.
8. CashFree
- Features: Auto-payment collection, quick payouts, flexible API.
- Fees: 2% for standard transactions.
- Pros:
- Simple and flexible APIs.
- Low payment gateway charges for high-volume businesses.
- Cons:
- Limited customization for low-tier plans.
9. Billdesk
- Features: Widely accepted across India, supports a range of payment methods, integrates with popular billing systems.
- Fees: 1.75% – 2% per transaction.
- Pros:
- Trusted by top-tier enterprises and financial institutions.
- Quick setup and reliable service.
- Cons:
- Customer support response times could be quicker.
- Setup charges may be on the higher end for small businesses.
10. BharatPe
- Features: UPI payments, QR code-based payments, offers easy integration with POS systems.
- Fees: Free for UPI payments. Other charges apply depending on payment methods.
- Pros:
- Best for merchants who want to accept UPI payments quickly.
- Low-cost solution with no setup fee.
- Cons:
- Limited international payment options.
- Basic features with fewer integration options for larger businesses.
Comparison Chart for Best Indian Payment Gateways Platforms
| Payment Gateway | Transaction Fees | Setup Fee | International Transactions | Customer Support | Best For |
|---|---|---|---|---|---|
| Razorpay | 2% + GST | None | Yes | 24/7 | All businesses |
| InstaMojo | 2% + Rs 3 | None | No | Weekday Support | Small merchants |
| PayPal | 3.4% + Fixed Fee | None | Yes | 24/7 | International payments |
| Paytm | 1.75% | None | No | 24/7 | Domestic businesses |
| CCAvenue | 2%-3% | Yes | Yes | 24/7 | Large businesses |
| PayU | 1.50% – 3.5% | None | Yes | 24/7 | E-commerce platforms |
| Stripe | 2% – 4.3% | None | Yes | 24/7 | International businesses |
| Cashfree | 1.95% + GST | None | Yes | 24/7 | Medium-large businesses |
| Billdesk | 1.75% – 2% | Yes | Yes | Weekday Support | Enterprise businesses |
| BharatPe | Free (UPI) | None | No | Limited | Small merchants, UPI users |
Cheapest Payment Gateways in India for 2025
If you’re looking for a low-cost payment solution for your business, here are the cheapest gateways that can help you save on fees while still offering solid features:
- BharatPe – Free for UPI payments, no setup charges.
- MobiKwik – Low fees for wallet-to-wallet transactions and UPI.
- Paytm – Competitive rates for debit and credit card payments, with no setup fee.
- Razorpay – Flexible and offers competitive pricing with an array of features for growing businesses.
These platforms offer the best deals for small businesses or those looking to scale without breaking the bank.
Razorpay vs. InstaMojo: A Deep Dive
While both Razorpay and InstaMojo are popular choices for businesses in India, they serve different needs based on the scale and complexity of the business.
Razorpay is a robust, feature-packed gateway ideal for businesses that are scaling up or require advanced functionality. It offers a wide range of payment options such as credit cards, debit cards, UPI, wallets, and more. Additionally, Razorpay provides powerful APIs, subscription billing, recurring payments, and tools for managing payouts. Its integration with over 100 platforms makes it highly flexible, making it suitable for medium to large-sized businesses looking for global payment solutions.
On the other hand, InstaMojo is designed with small businesses and solopreneurs in mind. It’s incredibly user-friendly, making it easy for newcomers to set up and start accepting payments quickly. InstaMojo offers basic payment options, including debit/credit cards and UPI, and is known for its straightforward pricing model. While it doesn’t provide the same level of advanced features or customization as Razorpay, it’s an excellent choice for small merchants who need a hassle-free and affordable solution.
Key Differences:
- Razorpay: Ideal for businesses looking for comprehensive features like recurring billing, multi-currency support, and integration with multiple platforms. It’s perfect for businesses with diverse needs, such as e-commerce stores and SaaS platforms.
- InstaMojo: Best for small businesses and startups looking for a low-cost and easy-to-use payment gateway. It provides a quick setup, basic payment options, and an intuitive dashboard.
In summary, if you need a powerful, scalable solution with advanced features, Razorpay is your best bet. If you’re a small business owner or just starting, InstaMojo is the perfect gateway to keep things simple and affordable.
FAQs Section
Q1: What exactly is a payment gateway?
A payment gateway is a service that allows businesses to accept digital payments from customers. It acts as a bridge between the merchant’s website or application and the payment processor, ensuring secure transactions. Payment gateways handle everything from encryption to processing payments through credit/debit cards, UPI, wallets, and net banking.
Q2: Can I use more than one payment gateway for my business?
Yes, many businesses choose to use multiple payment gateways to provide customers with a variety of payment options. This also helps mitigate risks in case one gateway experiences downtime or technical issues.
Q3: Which payment gateway supports international transactions?
Several payment gateways support international transactions, including Razorpay, PayPal, CCAvenue, and Stripe. These platforms allow businesses to accept payments in multiple currencies from global customers.
Q4: What’s the best payment gateway for small businesses?
For small businesses, InstaMojo, Paytm, and BharatPe are great options. These platforms are affordable, easy to set up, and offer low fees, making them ideal for startups and individual entrepreneurs.
Q5: Are the payment gateway fees the same for all payment methods?
No, the fees can vary depending on the payment method used. For example, UPI transactions often have lower or zero fees, while credit card payments may incur a fee of around 1.5% to 3%. Each payment gateway has its own fee structure, so it’s important to review their pricing models before choosing a platform.
Q6: What should I look for in a payment gateway for my business?
When choosing a payment gateway, consider factors like:
- Transaction fees: Lower fees can save you money, especially for high-volume businesses.
- Customer support: Look for a platform that offers quick and helpful customer service.
- Payment options: Ensure the gateway supports multiple payment methods like credit/debit cards, UPI, wallets, etc.
- Security features: Choose a payment gateway with strong security measures like encryption and fraud detection to protect your customers’ data.
- Integration with your platform: The payment gateway should integrate smoothly with your website, e-commerce platform, or app.
Q7: How long does it take to receive payments after a transaction?
The settlement time varies by payment gateway, but most platforms like Razorpay and Paytm offer settlements within 1 to 3 business days. Some platforms also provide instant payouts for an additional fee.
