Tips to Select the Best Payment Gateway in India

There are several payment gateway service providers in the market, so make sure you choose one that is reliable and secure. Here are few tips that you can consider when choosing a gateway:

Select between transaction charges or setup fee

Startup businesses don’t prefer to pay an initial setup fee as it takes time to build up the business. They prefer a payment gateway in which there is no setup fee involved. They can also choose a gateway that charges low transaction fee as low as 1-2%

Reputation

Reputation of the gateway provider should also be considered when choosing one of the best payment gateways in India. You can rely on the company that has been into business for several years.

Multiple payment gateway options

For new businesses, it makes sense to have multiple payment options as it will help you enhance customer satisfaction levels. You also need to decide if you need automatic billing support.

Customer support

Choose a gateway service provider that offers 24/7 customer support. If the company offers support over holidays, there is nothing like it. If you are finding it difficult to reach out to a company, probably it is not the right choice for your business.

Serving overseas customers

If you wish to tap international customers, choose a gateway that also supports payment through foreign credit cards.

You also need to consider paymentgateway integration and ensure that your CMS supports the gateway you have chosen. It is easy to move from one service provider to another if the gateway isn’t according to your choice. However, be prepared to pay a hefty set up fee. If you wish to avoid the hassles and continue accepting payment from customers, don’t forget to do some research in finding the right option.