If you are searching for a payment gateway, now a days lot of payment gateway solution for your website are available in the market.
Both private companies as well as Banks are offering the gateway solution and a very competitive pricing plans.
Choosing the perfect payment gateway for your business is a crucial task. Here is a list and comparison of payment processing companies which are the best in market. Some of these companies offer service with no setup fee. Such options are good for startup business.
CC Avenue is one of the biggest payment gateway providers in India, with over 85% e-commerce business that currently run on the engine. The platform includes 100+ payment options, Multiple Currency Processing, Retry Availability & Customization, Audit, Analytics and a large window for active users. If the website is already live, one can integrate the CC Avenue payment gateway for free.
CitrusPay has an interesting commission scheme, they charge a flat 1.99% + Rs. 3 for every transaction made through them and an annual maintenance of Rs 1200/-.They claim to be able to capture EVERY single payment and therefore have a very high conversion rate. Citrus is also known for the good levels of security through transaction process. Their technology is world class.
PayU India is a subsidiary of the global firm PayU. It was launched in 2011 by Ibibo, which is co-owned by Naspers and the Chinese Internet service portal Tencent. PayU also has presence in countries like South Africa, Hungary, Poland and Russia among others. PayU can process payments with Visa, MasterCard and Diners credit cards; debit cards of more than 50 banks; and online banking for banks including ICICI, HDFC, SBI, and Axis Bank.
SBI is the first bank in India to start its own payment aggregator services which provides electronic connectivity with various Banks and financial institutions on the one hand and merchants on the other, thus facilitating e-Commerce/m-Commerce transactions between merchants, customers and various financial institutions for all kinds of payments. The SBIePay Service is developed using the latest cutting edge technology and tools. The infrastructure supports unified, secure access to SBIePay services.
SBI pricing plans vary according to customer profile, They charge a processing/setup fee of around 25000/-, The TDR rate vary for debit card, credit card and internet banking for 1%~2%.