Updated: 4/24/2020
Today every businessman/Entrepreneur or Freelancer wants to expand their reach globally. From India goods and services export in the different parts of the world but there are very few payment gateway options available for international businesses in India.
And If we compare payment processing of national business to the international one then there would be a chance of getting the procedure complex and hard too.
Why?
Because each and every country has its own way of authorizing the business categories based on their long term experience and market demands along with the financial history.
The majority of the payment processing companies are not willing to share their merchants with the Indian businesses that are targeting international clients because of the increase in the chargeback ratio as well as fraud transactions.
“We have the Internet of Everything but not the inclusion of everyone.”
Ajaypal Singh Banga – CEO Of Mastercard
Also, Card networks like Visa and Mastercard are changing their security policies continuously to control all these unauthorized transactions as much as they can.
However, this story occurs for every country businesses and there are loopholes through which one can be able to get the choice of their merchant & payment gateway.
So today in this article just look at the best international payment gateways in India.
Before proceeding with any of them just do have an eye on below things:
- Initial Set up Cost
- Processing fee(MDR)
- Overall time is taken
- Customized payment option(In-store, Mobile, Website)
- Payment processing options (Credit/Debit Cards, Netbanking, Mobile Wallets)
- Customer Support
1- 2Checkout
2- Paypal
4- Razorpay
5- CCavenue
Useful resources:
Top 11 best International payment gateway list in India – Read more
Remember before proceeding further do have in mind to compare the above things that mentioned. From our point of view, these are the best international payment gateway in India available.