Compared: Payment Gateways in India [2014 Edition]

http://www.nextbigwhat.com/comparison-payment-gat...

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Compared: Payment Gateways in India

[2014 Edition]
Image | Feb 7, 2014 | NextBigWhat

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Back in 2013, along with the launch of Flipkarts payment gateway service PayZippy, we
had done an overview comparison of payment gateways, with respect to their pricing plan
and services offered in the country. Its has been 6 months since our coverage, much has
changed.
Hence we have decided to do an update on this comparison and this time around we have
added 2 more services, bringing the total number of services covered to 7.

Payzippy

1 of 6

Plan

Standard

Promotional

Setup Fee (Rs)

Debit Card

0.75% for Transaction Value

upto Rs. 2000
1% for Transaction Value above
Rs. 2000

0.75% for Transaction Value

upto Rs. 2000
1% for Transaction Value above
Rs. 2000

Netbanking

3.5% for Transaction Value between Rs. 0-5 lakhs.

3.25% for Transaction Value between Rs. 5-10 lakhs.

1%

12/18/2014 10:02 AM

Compared: Payment Gateways in India [2014 Edition]

http://www.nextbigwhat.com/comparison-payment-gat...

3% for Transaction Value between Rs. 10-25 lakhs.

2.5% for Transaction Value between Rs. 25-100 lakhs.
For Transaction Value above Rs.
1 Cr (Custom Quote)

Credit Card

3.5% for Transaction Value between Rs. 0-5 lakhs.

3.25% for Transaction Value between Rs. 5-10 lakhs.

1%

3% for Transaction Value between Rs. 10-25 lakhs.

2.5% for Transaction Value between Rs. 25-100 lakhs.
For Transaction Value above Rs.
1 Cr (Custom Quote)

American Express

3.5%

1%

International Credit
Card

1.5% over and above domestic

credit card pricing

1%

AMC (Rs)

Note*

Promotional Pricing is for sign-ups before 31st March, 2014 and is

valid till June 18th, 2014. Taxes apply to all above charges.

CCAvenue

2 of 6

Plan

Popular

Privelage

Setup Fee (Rs)

30000

Debit Card

1.25%

1.25%

Netbanking

4%

2.5%
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Compared: Payment Gateways in India [2014 Edition]

http://www.nextbigwhat.com/comparison-payment-gat...

Credit Card

3.5%

2.25%

American Express / JCB

5%

3.6%

Cash Card

5%

3.6%

CC Avenue Phone Pay

0.5% + Above TDR

0.5% + Above TDR

AUSC/AMC (Rs)

1200 (from 2nd year)

3600

Note*

Annual Software Upgradation Charges (ASUC) is charged on a per

month basis payable in advance every year in April. Taxes apply to
all above charges.

Citrus

3 of 6

Plan

Introductory Offer (6 months)

Easy Starter

Level Up

Power Packed

Monthly
Charges (Rs)

7000

10000

15000

Setup Fee (Rs)

Debit Card

1.25%

1.25%

1.25%

1.25%

Netbanking

2%

2%

2%

2%

Credit Card

2%

2%

2%

2%

American Express

2.75%

2.75%

2.75%

2.75%

AMC (Rs)

Notes*

The above mentioned plan is for monthly transactions numbering between

1000 to 5000. For plans with monthly transactions numbers between 1-100 &
100-1000, TDR is at 2.5% on all transactions, only the monthly charges vary.
Plan monthly charges vary depending on transaction number chosen. Monthly
charges payable upfront. For plan with more than 5000 transactions per
month, custom quote facility is available.

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Compared: Payment Gateways in India [2014 Edition]

http://www.nextbigwhat.com/comparison-payment-gat...

PayU India

Plan

Economy

Silver

Gold

Platinum

Setup Fee (Rs)

6000

12000

24000

36000

Debit Card

0.75% for Transaction Value upto

Rs. 2000.
1% for Transaction Value above
Rs. 2000.

0.75% for Transaction Value upto

Rs. 2000.
1% for Transaction Value above
Rs. 2000.

0.75% for Transaction Value

upto Rs. 2000.
1% for Transaction Value above
Rs. 2000.

0.75% for Transaction Value

upto Rs. 2000.
1% for Transaction Value above
Rs. 2000.

Netbanking

4.9%

3.9%

3.25%

2.75%

Credit Card

4.9%

3.9%

3.25%

2.75%

American Express

4.9%

3.9%

3.5%

3.25%

EMI

4.9%

3.9%

3.25%

2.75%

Cash Card

4.9%

3.9%

3.25%

3%

Release on
Delivery
(COD)

2.9%

2.9%

2.9%

2.75%

AMC (Rs)

2400

2400

2400

2400

EBS

4 of 6

Plan

Bronze

Silver

Gold

Platinum

Setup Fee (Rs)

12000

18000

24000

30000

Debit Card

3%

1.75%

1.5%

1.25%

Netbanking

4%

3.5%

2.75%

2.5%

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Compared: Payment Gateways in India [2014 Edition]

http://www.nextbigwhat.com/comparison-payment-gat...

Credit Card

4%

3.5%

2.75%

2.5%

American Express/JCB/Diners

5%

4.5%

4%

3.75%

EMI

NA

NA

3.75% for 3
months.
5.75% for 6
months.

3.75% for 3
months.
5.75% for 6
months.

MMC (Rs)

600

500

400

300

Notes*

MMC will be waived in Silver, Gold & Platinum plans if Transaction Volumes
Processed is above Rs. 300,000 per month. EMI options currently available
through Citibank, HDFC Bank & ICICI Bank. Taxes apply to all above charges.

Direcpay
Plan

Gold

Platinum

Corporate

Setup Fee (Rs)

10000

20000

35000

Debit Card

1.25%

1.25%

1.25%

Netbanking

4%

3%

2%

Credit Card

4%

3%

2%

AMC (Rs)

2400

2400

2400

Notes*

Taxes apply to all above charges.

Zaakpay

5 of 6

Plan

Starter

Express

Setup Fee

10000

30000

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Compared: Payment Gateways in India [2014 Edition]

http://www.nextbigwhat.com/comparison-payment-gat...

TDR

3% for Monthly Transaction

Value upto Rs.5 lakhs
2.5% for Monthly Transactiona
Value above Rs. 5lakhs

2.5%

AMC (Rs)

2400 (From second year)

*Disclaimer: PayUMoney is an advertiser at NextBigWhat.

Recommended Read:
-Costs of Setting up an E-Commerce Business in India [Analysis]
-Compared: Shopify Vs Zepo Vs BuildaBazaar [Set up Your E-commerce Store]

Online money transfer upto

Rs 1 lakh to become free of
additional charges

RBI cuts charges on NEFT for

transaction up to INR 10,000

Costs of Setting up an
E-Commerce Business in India [Analysis]

PAYZIPPY

6 of 6

12/18/2014 10:02 AM