A payment gateway is an application that makes the online payment process much more direct and convenient. In reality, it is the pathway between a merchant’s mobile application or website and the bank. If you pay on a site that uses a payment gateway, the merchant site forwards the card details to the gateway for authentication of the payment. The Best Online payment platform validates the details from the bank, and the amount is sent from your bank account to the merchant’s bank account.
FintechZoom
One of the most famous and popular financial processors is Fintech Zoom. This platform serves as a digital wallet that stores customers’ credit cards and debit cards within the accounts. Instead of providing their credit card information every time they purchase something on e-commerce sites, customers who have their accounts in online stores with Fintech log into their account and approve the transaction.
Razorpay
Razorpay is one of India’s leading payment platforms which provides complete transaction security. Razorpay enables you to automate business operations and manage them. Razorpay API features the Razorpay router component, which you can use with Magento 2 and exchange money between partners or individuals.
Instamojo
There is one of the biggest full-stack SME platforms named Instamojo. The easiest way we can begin our online business is by using Instamojo, which offers integrated marketing tools, integrated payments, and ready-to-use online stores, to name a few. Through e-stores and online payment gateways, Instamojo supports over 15 lakh Indian independent businesses.
Setting up your store on Instamojo is very easy, as you can create your account and link it to a simple payment gateway. All your shipping tools, analytics, and CRM are under Instamojo.
CCAvenue
This CCAvenue platform accepts payment in the form of ATM cards, debit cards, internet banking, and credit cards. Moreover, CCAvenue guarantees safety connection to websites, organizations and banks involved in the transaction.
CCAvenue powers 85% of the country’s eCommerce merchants. CCAvenue is able to handle millions of operations concurrently. You are free to choose the currency you think comfortable in, and it accepts payments in 27 major foreign currencies.
Conclusion
The most important role of the Best Online payment platform is to manage an essential function for your company, so consider selecting one that works properly, is affordable, secures your and your customer’s data, and is accessible whenever you need customer support. Through careful selection of the right payment gateway or range of gateway services tailored to the specific needs of your business, you can start with the confidence that all card payments will be conducted without any issues.
