May 19: According to Statista, online payments in India are expected to increase by more than 20% CAGR between 2019 and 2023. By the end of 2023, it is estimated that 660 million Indians will use online payments. However, thanks to the pandemic, the penetration rate of online payments has increased dramatically. With a population of over 1.3 billion, online payments offer great opportunities. If your business wants to accept digital payments, you need to understand the payment gateway charges.
How do I choose the best payment gateway for my online business?
When choosing a payment gateway, evaluate the following:
✔ Provider performance
✔ Compliance record
✔ Security
✔ Reliability, availability, scalability, and performance
✔ Features
✔ Supported payment types
✔ Ease of use
✔ Customer service
✔ Price plan
PayG is a customized, fully integrated, Omnichannel payment solutions provider that will help your business to grow by collecting payments from customers easily and securely through any device in any mode. PayG can also provide the following services within the payment suite, probably no other payment gateway in India can offer you all these in a bundled solution: Customized payment gateway (scalable vertically & horizontally), Virtual POS & Future POS. You can create payment links or buttons, products or services, or request payment directly.
PayG payments solution is one of the most trusted payment gateway service providers in India. It provides the most affordable payment gateway for all types of businesses with the lowest transaction discount rates and no extra charges applicable. PayG is featuring over 120+ payment options which include various banks’ credit cards, debit cards, net banking, and wallets to accept payment easily. We provide trouble-free fast-onboarding and Easy integration-technical support and to feel the service strength we provide 24/7 quick customer support through chat, call, and email.
Their rates are low and technical & customer support is very responsive. The PayG folks are continuously evolving the product
PayG’s special offers for startups can be lucrative and elusive for those who want to start an e-commerce business without spending a lot of money on another pricing gateway. There are many other PGs available at no setup cost, but PayG is a bit at hand.
We offer very competitive pricing to match your business needs.
- Maintenance charges: zero
- Setup fees: zero
- No hidden charges
- Integration fees: zero
- Transaction Fee: From 1.50% to 2.00% depending on the payment mode
- Minimize chargeback ratio
Multiple Payment Options:
It provides various payment options including debit cards, credit cards, wallets, net banking, UPI, & QR code.
Secure & reliable:
It is PCI DSS compliant, and it is the highest level of security compliance for the payment processors that transfer or process the sensitive card information.
Smart Dashboard:
PayG merchant dashboard includes the graphical representation and analytics of the transactions done through its payment gateway. So, this way you can save a lot of time with this ready analytical data. Your orders, payments, refunds, settlements, payment links, etc, all the required functionalities are available too in the dashboard itself.
Without website:
In case your business is not operative through a website or application, then also it is possible to collect online payments with it. This is possible with the help of payment links.
Easiest Integration Ever:
It is easy to integrate ready plugins and SDKs, you can also avail of free integration services after the easy activation of your merchant account. Finding and integrating the right online payment gateway is the key choice that you need to take for your business.
Fraud Prevention:
A database of fraudsters gets refreshed on live premises. Payments are recognized and blocked, considering the suspicious history of card bins and people.
Closing remarks
The outlook for India’s payment gateway is changing rapidly. Apart from traditional payment gateways, you can now use mobile wallets to accept funds. The government is also promoting digital payments by deploying UPI and Bharat QR. Currently, subscription payments are also accepted by Indian banks. In my experience, when choosing a payment gateway in India, you must look for various payment options, easy integration, and most important support.
PayG Payment Gateway makes trading easy for you as well as your customers. It’s certainly a one-stop solution for all your payment-related needs.
