Top Payment Gateways in India

10 Best Online Payment Gateways in India for 2024

Want to know which payment gateway is the best in India? Don't worry! We've got you covered with the 10 top-rated Payment Gateways in India for 2024. Check out the options and find the one that suits you best.

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Payment gateways are becoming increasingly popular in India. While the reason is partly because of the increasing number of internet users, this is also mainly due to the pandemic. The pandemic has caused most people to incline towards contactless payment methods.

According to Statista, the Indian payment gateway industry was worth $446.9 million in 2017. However, it is expected to increase to $1708.1 million in 2025. This statistic is a clear example of how the competition in the field is increasing as the scope for it grows too. 

In this blog, we have compiled a list of India’s top 10 payment gateways for the upcoming year 2024. If you are a business looking for payment gateway services, this blog should help you get some perspective.

What is a Payment Gateway?

Payment Gateway

A payment gateway is a technology that merchants use to receive debit or credit card payments from customers. It includes online shopping payment processing portals and physical card-reading machines in brick-and-mortar retail establishments.

After your customer places an order, the payment gateway verifies the customer’s card information and determines whether they have enough funds in their account to pay you. When that is confirmed, the funds are transferred to you via the payment processor.

How to Choose the Right Payment Gateway for Your Business?

As managing payments is an essential part of the success of any business, choosing the right payment gateway is an important decision to make.

Here are the factors you need to consider when choosing a payment gateway:

  • Payment Security: A secure payment system will also reassure your clients and strengthen their trust in your company.
  • Customer Support: Your payment gateway service provider must always be reachable and have a quick turnaround when addressing customer payment-related concerns.
  • Processing Speed: The payment gateway should ensure that all customers have smooth transactions and that nobody has prolonged downtime or other problems with payment processing.
  • Quick & Easy Integration: Make sure the payment gateway provider you select has a simple onboarding and integration process that doesn’t take long.
  • Pricing: Make sure the payment gateway provider you choose delivers the most value for your money and meets your budget requirements.

Top 10 Online Payment Gateways in India for 2024

Here is the list of the top 10 payment gateways in India for 2024 you must know. Have a look!

1. NTT DATA Payments Services

NTT DATA Payments Services

NTT DATA Payment Services India is a global leader in providing secure and seamless digital payment solutions to various industrial and banking segments. NTT DATA Payment Services is PCI DSS 3.2V compliant and 256-bit encrypted, making their security system impenetrable.

NTT DATA Payment Services India serves over 6 million merchants, with annual transaction values and volumes exceeding INR 800 billion and 100 million, respectively.


  • Payment Gateway: The Payment Gateway accepts online payments with high success rates on a safe and secure platform that offers a variety of payment options.
  • POS Machine: The POS Swipe Machine from NTT DATA Payment is a one-stop solution for all card payment issues a business may encounter.
  • IVR Payment: IVR, or Interactive Voice Response, provides a simple method for transmitting debit and credit card information via DTMF and receiving payments over the phone.
  • mGalla: mGalla is a mobile application designed to accept payments anywhere and anytime. The mGalla app is a payment solution for merchants.

πŸ’° Pricing of NTT DATA Payments Services

A. Pricing of Payment Gateway

Pricing of Payment Gateway for NTT DATA Payments Services

B. Pricing of POS Machine

Pricing of POS Machine for NTT DATA Payments Services

Why Choose NTT DATA Payment Services?

  • High success rate
  • Instant settlement
  • Multiple payment options
  • Customized to fit your business needs
  • Easy EMI solutions
  • Fraud detection and advanced encryption 
  • Round-the-clock support

Social Media Accounts of NTT DATA Payments Services:






1. What are the Types of Payment Gateway?

There are three types of payment gateways – Hosted payment gateways, Self-hosted payment gateways, and API-hosted payment gateways. 

2. Can a Bank be a Payment Gateway?

No, banks are different from payment gateways. Either a bank provides payment gateway services to its customers directly or a payment service provider that is authorised by a bank. 

3. What are the Benefits of a Payment Gateway?

There are a lot of benefits to using a payment gateway. Some of them are; Simplifying the payment process, Improving customer experience, Safer options, and Supports multiple payment types.

4. What is the Difference Between POS and Payment Gateway?

A payment gateway is the virtual equivalent of a point of sale (POS) terminal. POS terminals, on the other hand, are intended for in-person transactions. POS terminals are the credit card readers you use during payment.

5. Is UPI a Payment Gateway?

No, UPI is a type of payment processor and not a payment gateway. A payment gateway allows you to conduct an online transaction using various payment methods such as net banking, credit card, debit card, UPI, or one of the many online wallets available today.

6. What is the Best Payment Gateway?

There are a lot of payment gateways available in the market today. However, NTT DATA Payment Services is one of the leading payment gateway services providers with high success rates, multiple payment options, constant support, and an advanced fraud detection system.

7. What is the Difference Between Payment Gateway and Payment Processors?

The platform where you need to transfer your money is connected to your bank account via a payment gateway. On the other hand, a payment processor is a solution that helps you accept multiple payments without having to set up individual payment interfaces.

2. Cashfree


Cashfree Payments is a cloud-based banking platform that enables companies operating in the Indian market to manage foreign payments, send payouts, and collect payments through a payment gateway.

πŸ’ͺ Features

  • Activity Dashboard
  • Customisable Reports
  • Data Import/Export
  • Data Security
  • Debit/Credit Card Processing

😍 Pros

  • 120+ payment options
  • Good customer service

😒 Cons

  • Relatively expensive
  • Delayed communication

3. Easebuzz


Easebuzz is a software-enabled payment platform that helps SMEs with digital payments and offers reliable payment solutions that can help them grow their business seamlessly in the market.

πŸ’ͺ Features

  • Billing and Invoicing
  • Data Security
  • Debit/Credit Card Processing
  • Cryptocurrency Processing

😍 Pros

  • Simple and easy-to-use payment APIs
  • PCI DSS secure

😒 Cons

  • Doesn’t support international transactions

4. PayPal


Users of PayPal can send money to friends, family, coworkers, and more quickly and easily. You must first create an account to use PayPal to send and receive money. PayPal accounts can be created at no cost with just an email address.

πŸ’ͺ Features

  • Multiple currency support
  • Interactive UI
  • Invoicing
  • Cloud integration

😍 Pros

  • Easy and straightforward to use
  • Encrypts all data and keeps info safe

😒 Cons

  • Aggressive account freezes
  • Business transactions require fees

5. RazorPay


Razorpay is an Indian payments solution that enables businesses to accept, process, and disburse payments through its product suite.

It gives you access to all payment methods, including credit and debit cards, net banking, UPI, and other popular wallets.

πŸ’ͺ Features

  • 100+ payment options
  • PCI DSS compliant
  • Dashboard reporting
  • Recurring/subscription billing

😍 Pros

  • Comprehensive API documentation
  • Quick and easy to set up

😒 Cons

  • Poor customer service
  • Slow account activation
  • No standard process for onboarding

6. PayU


PayU is India’s leading payment solution provider, serving over 5 lakh businesses. PayU enables businesses to collect online and offline payments via 150+ payment methods, including Credit Cards, Debit Cards, Net Banking, EMIs, BNPL, QR, UPI, Wallets, and more.

πŸ’ͺ Features

  • ACH payment processing
  • Activity dashboard
  • Billing and invoicing
  • Compliance management

😍 Pros

  • Good customer support
  • Easy integration

😒 Cons

  • Not user-friendly
  • Frequent site crashes

7. MobiKwik


MobiKwik is one of India’s largest mobile wallets and Buy Now Pay Later (BNPL) players. Combining the ease of regular mobile payments with the advantages of BNPL, it aims to satisfy the unmet credit demands of the rapidly expanding digital payment user base.

πŸ’ͺ Features

  • Accounting Software Integration
  • Reporting/Dashboards
  • Accepted Credit Cards and Debit Cards
  • ACH Payments and eCheck Processing

😍 Pros

  • PCI DSS compliance
  • Fraud protection tools

😒 Cons

  • Doesn’t support international transactions

8. Paytm


Paytm is a Noida-based provider of financial services and digital payments. It’s a mobile e-commerce site that serves as the go-to place for quick online recharges, DTH, data card, and metro card recharges, as well as quick payments for mobile bills.

πŸ’ͺ Features

  • Recharge and pay bills
  • Book travel tickets
  • Book entertainment tickets
  • Secure and fast

😍 Pros

  • Smooth transactions
  • Multiple payment options

😒 Cons

  • Poor user interface
  • Bad customer support

9. CCAvenue


CCAvenue is one of the largest payment gateway providers, with thousands of merchants on board and a presence in South Asia and India, providing multi-currency, multiple payment option online payment processing services.

πŸ’ͺ Features

  • Easy integration
  • Responsive transaction page
  • Real-time authorisation

😍 Pros

  • Various pricing plans

😒 Cons

  • Delayed settlements
  • High failures in international transactions
  • Bad customer support

10. PayG


PayG is a customised, fully integrated, omnichannel payment solutions provider that will assist your business in growing by easily and securely collecting payments from customers via any device in any mode.

πŸ’ͺ Features

  • Merchant dashboard
  • UPI autopay
  • QR-based payments
  • Invoice payments

😍 Pros

  • Simple and transparent
  • Good customer service

😒 Cons

  • Increased payment failures
  • Confusing onboarding process

Read More about Tips To Grow Your Business Online in 2024!


This was our list of the top 10 payment gateways in India for the upcoming year. As technological advancements keep increasing, you should ensure that your business is integrated with emerging technologies. 

A payment gateway ensures safe and secure transactions for both your business and its customers. Make sure you choose a payment gateway with all the features mentioned above for the smooth running of your business.

Thanks for Reading!!

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Digital Scholar

Digital Scholar is a premier agency-styled digital marketing institute in India. Which offers an online digital marketing course and a free digital marketing course worldwide to elevate their digital skills and become industry experts. Digital Scholar is headed by Sorav Jain and co-founder Rishi Jain, who are pioneers in the field of digital marketing. Digital Scholar’s blogs touch upon numerous aspects of digital marketing and help you get intensive ideas of different domains of digital marketing.

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