Why Payment Gateway Choice Matters
Your payment gateway is where money changes hands. A clunky, unreliable, or limited payment experience leads to cart abandonment — and lost revenue. Indian consumers expect UPI, cards, net banking, and wallets. Your gateway must support all of them seamlessly.
Top Payment Gateways in India
1. Razorpay
The most popular choice for Indian startups and SMBs. Known for excellent developer APIs, beautiful checkout UI, and robust features.
- Transaction fee: 2% per transaction
- Setup fee: Free
- Settlement: T+2 business days (instant available)
- Supports: UPI, cards, net banking, wallets, EMI, international payments
- Best for: Startups, SaaS, e-commerce, subscriptions
2. PayU
One of the oldest payment gateways in India with wide coverage and reliability.
- Transaction fee: 1.99% + ₹3 per transaction
- Settlement: T+2 to T+7 business days
- Supports: 150+ payment methods including EMI
- Best for: Established businesses, high-volume merchants
3. Cashfree
Growing rapidly with competitive pricing and fast payouts.
- Transaction fee: 1.90% per transaction
- Settlement: T+1 business day (same-day available)
- Supports: UPI, cards, net banking, auto-collect
- Best for: Marketplaces, platforms needing split payments
4. Instamojo
Simplest option for small businesses and freelancers — no coding required.
- Transaction fee: 2% + ₹3 per transaction
- Setup: No website needed — payment links work standalone
- Best for: Solo entrepreneurs, small businesses, digital products
Key Factors to Consider
- Transaction fees: Even 0.5% difference adds up at scale
- Settlement speed: How quickly do you receive your money?
- Payment methods: UPI is essential in India — 60%+ of online payments use UPI
- Developer experience: Clean APIs save development time and cost
- Refund process: How easy is it to process refunds?
- Customer support: When payments fail, you need fast resolution
Our Recommendation
For most Indian e-commerce businesses, we recommend Razorpay for its excellent developer experience, beautiful checkout UI, and comprehensive feature set. At WebXCrafting, we integrate Razorpay seamlessly into every e-commerce project we build, ensuring a smooth payment experience for your customers.