India is a rapidly growing economy, with a population of over 1.3 billion people. As more and more Indians go online, the demand for digital payment solutions has grown exponentially. Payment gateway companies in India have responded to this demand by developing innovative and secure payment solutions. In this blog, we’ll take a look at the top 10 most promising payment gateway companies in India.
- Razorpay: Founded in 2014, Razorpay has become one of India’s leading payment gateway companies. It offers a range of payment solutions, including credit and debit cards, net banking, UPI, and digital wallets. Razorpay has over 800,000 businesses using its platform and has raised over $206 million in funding.
- Paytm: Paytm is a well-known digital payment company in India. It was founded in 2010 and offers payment solutions through its mobile app and website. Paytm supports a range of payment options, including credit and debit cards, net banking, UPI, and digital wallets. It also offers a range of other services, including bill payments, mobile recharges, and online shopping.
- Instamojo: Instamojo is a payment gateway company that focuses on small and medium-sized businesses. It offers a range of payment solutions, including credit and debit cards, net banking, and UPI. Instamojo also offers a range of other services, including online store creation, inventory management, and digital marketing.
- CCAvenue: CCAvenue is one of the oldest payment gateway companies in India, having been founded in 2001. It offers a range of payment solutions, including credit and debit cards, net banking, and digital wallets. CCAvenue also offers a range of value-added services, including fraud detection and prevention, risk management, and chargeback management.
- MobiKwik: MobiKwik is a mobile wallet company that offers a range of payment solutions, including UPI, credit and debit cards, and net banking. MobiKwik has over 120 million users and has processed over 1 billion transactions.
- BillDesk: BillDesk is a payment gateway company that was founded in 2000. It offers a range of payment solutions, including credit and debit cards, net banking, and UPI. BillDesk has over 500,000 merchants using its platform and has processed over 4 billion transactions.
- Cashfree: Cashfree is a payment gateway company that was founded in 2015. It offers a range of payment solutions, including credit and debit cards, net banking, and UPI. Cashfree has over 50,000 merchants using its platform and has processed over $12 billion in payments.
- Atom Technologies: Atom Technologies is a payment gateway company that was founded in 2006. It offers a range of payment solutions, including credit and debit cards, net banking, and UPI. Atom Technologies has over 25,000 merchants using its platform.
- EBS: EBS is a payment gateway company that was founded in 2005. It offers a range of payment solutions, including credit and debit cards, net banking, and UPI. EBS has over 17,000 merchants using its platform.
- PayU: PayU is a payment gateway company that was founded in 2002. It offers a range of payment solutions, including credit and debit cards, net banking, and UPI. PayU has over 350,000 merchants using its platform and has processed over $10 billion in payments.
In conclusion, India’s payment gateway industry is rapidly growing, with new companies entering the market every year. The 10 companies listed above represent some of the most promising and innovative players in the industry, with a proven track record