Compared: Payment Gateways in India [2014 Edition]

We take a look at the prices offered by payment gateways in India in the year 2014.
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Back in 2013, along with the launch of Flipkart’s 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.

payzippyPayzippy

PlanStandardPromotional
Setup Fee (Rs)00
Debit Card0.75% 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
Netbanking3.5% for Transaction Value between Rs. 0-5 lakhs.

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

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)

1%
Credit Card3.5% for Transaction Value between Rs. 0-5 lakhs.

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

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)

1%
American Express3.5%1%
International Credit Card1.5% over and above domestic credit card pricing1%
AMC (Rs)00
Note*Promotional Pricing is for sign-ups before 31st March, 2014 and is valid till June 18th, 2014. Taxes apply to all above charges.

 

ccavenueCCAvenue

PlanPopularPrivelage
Setup Fee (Rs)030000
Debit Card1.25%1.25%
Netbanking4%2.5%
Credit Card3.5%2.25%
American Express / JCB5%3.6%
Cash Card5%3.6%
CC Avenue Phone Pay0.5% + Above TDR0.5% + 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.

 

citrusCitrus

PlanIntroductory Offer (6 months)Easy StarterLevel UpPower Packed
Monthly Charges (Rs)170001000015000
Setup Fee (Rs)0000
Debit Card1.25%1.25%1.25%1.25%
Netbanking2%2%2%2%
Credit Card2%2%2%2%
American Express2.75%2.75%2.75%2.75%
AMC (Rs)0000
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 flat 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.

 

payuPayU India

PlanEconomySilverGoldPlatinum
Setup Fee (Rs)6000120002400036000
Debit Card0.75% 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.
Netbanking4.9%3.9%3.25%2.75%
Credit Card4.9%3.9%3.25%2.75%
American Express4.9%3.9%3.5%3.25%
EMI4.9%3.9%3.25%2.75%
Cash Card4.9%3.9%3.25%3%
Release on Delivery (COD)2.9%2.9%2.9%2.75%
AMC (Rs)2400240024002400

 

ebsEBS

PlanBronzeSilverGoldPlatinum
Setup Fee (Rs)12000180002400030000
Debit Card3%1.75%1.5%1.25%
Netbanking4%3.5%2.75%2.5%
Credit Card4%3.5%2.75%2.5%
American Express/JCB/Diners5%4.5%4%3.75%
EMINANA3.75% for 3 months.
5.75% for 6 months.
3.75% for 3 months.
5.75% for 6 months.
MMC (Rs)600500400300
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.

 

direcpayDirecpay

PlanGoldPlatinumCorporate
Setup Fee (Rs)100002000035000
Debit Card1.25%1.25%1.25%
Netbanking4%3%2%
Credit Card4%3%2%
AMC (Rs)240024002400
Notes*Taxes apply to all above charges.

 

ZaakpayZaakpay

PlanStarterExpress
Setup Fee1000030000
TDR3% 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)0

 

*Disclaimer: PayUMoney is an advertiser at NextBigWhat.

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5 comments
  1. I am using EBS payment gateways from last 6 months for my online website and too much happy with my business. The technical team of EBS is also always available for any queries from my side.

  2. I have been using Citrus Pay for quite sometime now and I am so far very happy with their performance. Most of the transactions successfully go through with them. Also, the payment experience for my consumers with Citrus is very smooth.

    Moreover in case of any issue, their team is very responsive and get the matter resolved quickly. The new marketplace solution is especially useful for my B2B startup as it simplifies the hassle of payouts to my sub merchants.

    I would surely recommend Citrus for startups, marketplace players and big organizations

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