A seamless digital payment module is the fundamental need of any business today, irrespective of its size and scale. In this fast moving world, a business cannot afford glitches and redundant systems leading to stalled payments or intermittent manual interventions. There are however a few notable payment service providers, which have made the task extremely suitable, especially for any kind of business transaction. From customized recurring payment solution with direct interface with banks to a complete package to leverage your online business, we have got you covered through all payment aspects of your business transaction:
Paycorp
Paycorp.io is the customised solution for recurring payments, be it monthly, bi-monthly or weekly. Suitable for big and small businesses, it automates various processes like salary payment to staff, bills, and vendor payments that occur at regular intervals. Paycorp.io also eliminates the possibility of human error when it comes to payments. The instant auto debit of payments in the B2B2B and B2B2C specter is completed within 24 hours. The automated deduction for various vendors is done from the bank account with options like ACH, UPI, cards etc through various digital touchpoints like WhatsApp, link push and portal. Direct interface with at least 8 banks enables them to transact with zero wastage.
Paypal
One of the pioneers of digital wallet in the world, it created waves after it was acquired by eBay in 2002. The most trusted name with widespread use across the globe, it accepts all payment types with competitive charges. Ease of use is another reason why it is so popular, all one has to do is create a PayPal account, and add the ‘Pay by PayPal’ button to their website. Thus, it makes life easier for e commerce portals, with big and small businesses. An upgraded version- PayPal Payments Pro offers phone-based payments, online invoicing as well as in-person payments.
Razorpay
Razorpay has become one of India’s top payment gateways. Allowing access to payment through debit cards, credit cards, net banking, UPI and wallets like JioMoney and Mobikwik, it is one of the most secure gateways with end-to-end transaction security. The payment gateway is beneficial to the founders as it automates money flow. The Razorpay router API, integrated with a customized software- Magento 2,enables to split the payment between partners or different accounts as per need.
Instamojo
It is not just a payment gateway but a complete package to leverage your online business, when you wish to go from an offline business to online. It supports a fully functional online store, with built in marketing tools and of course, the payment solutions. Today it has a customer base of more than 15 lakh independent online stores. It also handles CRM, analytics and shipping. The account can initially be set up for free, as Instamojo takes 2% plus Rs 3 per domestic transaction. It provides all the features of e commerce like mobile app, team accounts, bank transfer and credit book along with Instamojo app store.
CashKaro
Cashkaro takes inspiration from the London model of payment gateways where users get cashback and reward points for using their portals which can be used to make more payment. It has arrived as the largest cashback and coupon website. While the gateway accepts all sort of online payments like cards and UPI, it also accepts payment through cash. A true bonus for the user, all they have to do is select any product on more than 1500 e commerce portals and pay through CashKaro gateway. It offers interesting discounts to the user as well as additional cashback, which nobody can say no to.
FidyPay
FidyPay is an innovative API Fintech payment startup based in India, catering to the growing digital payment industry. Streamlining payments with cutting-edge technologies and industry trends, FidyPay offers a seamless experience for customers. Through FidyPay’s API, customers can effortlessly share payment links, unrestricted by specific social media platforms. Whether through email, SMS, or social media channels like Facebook, Instagram, or WhatsApp, customers can access payment links and view the exact amount to be paid. Customers can choose any UPI application, debit or credit cards, and even make international payments or use net banking. The versatility of FidyPay’s payment methods includes BBPS, UPI QR Code, UPI AutoPay, PoS solutions, and Payment Links. Merchants also benefit from FidyPay’s offerings, as they can integrate payment links into chatbots or provide them directly to customers. This flexibility enables businesses to enhance the payment experience and cater to the preferences of their customers.
Source : PR Agency
