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@mohitkh7
Last active July 5, 2018 13:16
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Study & Analysis of Payment Gateway

Hosted vs Integrated Gateway

The integrated gateways let your buyers enter their payment data while they are on your website; the hosted gateways redirect users to the payment processor’s platform. An integrated gateway allows users to input their payment data without leaving your website. For them this is a seamless process. But this type of payment gateway will work well only if your website is secure enough, since all payment details will be stored on your server.

Payment Gateway Fees

  • Setup fee/registration fee (one-time payment);
  • monthly fee;
  • Transaction fee/payment processing fee/credit card processing fee (charged as a percentage or a fixed fee on every transaction);
  • Chargeback fee.

Suggested Payment Gateway

  • CitrusPay
  • Razorpay (Route)
  • Softpay
  • PayU
  • UPI - Register with bank(Payment Service Provider), get SDK, integrate it on website, verify it back by PSP, Done
  • CCAvenue

Other Solutions

  • Electronic Clearing Service - ECS is an electronic clearing system that facilitates paperless credit / debit transaction directly linked to your account and also provides for a faster method of effecting periodic and repetitive payments.
  • Bulk Transfer by Bank -
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