Best payment gateway in India for Small Business

payment gateway in India for Small Business

Small businesses are always concerned about the payment gateway. Let’s talk about The Best payment gateway in India for Small Business.

If you look at all the businesses around you, I’m sure you’ll notice they all are going online. 

Small or large businesses need a payment gateway for their online store or services.

Small business owners are always concerned about the payment gateways because not everyone is a tech guru, right? And they can’t afford a digital marketer or financial advisor for it either.


We’ll talk about the two best payment gateway in India for Small Business or any business.

There are many payment gateways like:

  • Razorpay
  • Paytm
  • CCAvenue
  • Paypal, etc.
payment gateway in India for Small Business

In my opinion, the best, and most affordable payment gateways are Razorpay and CCAvenue as they had some promising services for a long time.

1. Razorpay(This):

One of the payment gateways in India that offer businesses the means of accepting, processing, and distributing payments seamlessly.

You can also go global with Razorpay, which comes with the support of 92 currencies.

Their customers are Airtel, Zerodha, Facebook, Swiggy, Disney-Hotstar, 1mg, etc.

This particular solution is specifically created for Indian users and supports a complete online onboarding process to get you up and running as quickly as possible.

There are some factors you should know before selecting a payment gateway:

Payment options:

100+ payment options like UPI auto-pay system.

New features like PayLater

Transaction fee per transaction:

  • 18% GST is applicable on all the transaction fees.
  • 2% for Indian consumer Debit/Credit cards, UPI, Mobile Wallets, and net banking
  • 3% for International Cards, EMI (Debit/Credit Card), and Corporate (Business) Credit Cards.

Settlement time:

3 working days.

Other Features:

  • Simple Pricing
  • Dashboard reporting
  • Best in industry support

2. CCAvenue (That):

You might find CCAvenue to be the perfect payment gateway if you’re looking to serve customers in major global markets from India.

Payments can be made in 27 foreign currencies, including the Euro, American Dollar, Pound Sterling, and UAE Dirham, through CCAvenue.

Their customers are Myntra, Godaddy, Lakme India, Cleartrip, Bookmyshow, Starbucks, etc.

It is one of the largest payment gateways in India since 2001.

Payment options:

200+ payment options plus EMI options.

Transaction fee per transaction:

  • 2% for domestic Debi/Credit Cards, Digital Wallets, UPI, and Netbanking.
  • 4.99% for international Credit/Debit Cards and 27 Multi-currency options.
  • 3% for Corporate Credit cards (Domestic).
  • There is an Annual Software charge of ₹ 1.200 which is free for the first year. (Depends on Offers)

Settlement time:

7 working days.

Other Features:

  • Responsive checkout page
  • Marketing tools
  • Invoice payments
  • Smart analytics


These two payment gateways are best for your small businesses to grow exponentially on the internet. The choice depends on your requirements and how much you can afford. I’ll go for Razorpay as it is the fastest-growing payment gateway in India.

Thank you for reading our post and I hope you found it helpful.

We look forward to hearing about your preferred payment gateways in India for small businesses.

Until then, keep reading, sharing, and supporting…See ya!<3

Kindly let us know your thoughts & review on the same.

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