A Payment Gateway is an eCommerce app that authorises credit/debit card payments online.
It transfers information between a payment portal (website, mobile phone, IVR) and a Front End Processor or acquiring bank.
Founded in 2002, PayPal is currently the most popular payment gateway in the United States. It accepts international payments in multiple currencies.
Stripe is a fast-growing company that could overtake PayPal. Stripe, founded in 2010, is now worth $20 billion.
Razorpay is the only payments solution in India whose product suite enables businesses to accept, process, and disburse payments.
Amazon Pay merchant accounts offer fraud protection. Only the US, UK, and Germany have this service, currently.
Instamojo Payment Gateway allows new merchants to easily collect online payments with or without a website. Instamojo's prices are also fair.
Any company, organisation, trust, NGO, eCommerce, or other entity can easily register on PayKun and use the payment gateway to accept online payments.
CCAvenue is a large Indian payment gateway with many options. It accepts 200+ payment methods, including Amex, JCB, Diners Club, Mastercard, Visa, and eZeClick.
It serves as a viable solution for SMBs and startups by providing all types of payment options, as well as simple registration and integration steps with existing shopping carts.
2Checkout is a payment gateway service that is less well-known. It accepts payments in over 200 countries and supports more than 80 different currencies.