In the first half of 2024, the global volume of mobile transactions touched 76.04 billion, up from 52.15 billion in 2023, showing a 46% increase. In fact, India itself recorded 208.5 billion digital payment transactions last year. Therefore, as a seller it is important you keep in mind the importance of secure payment gateways and the effect they have on your business.
As we are heading towards a more digital approach in our everyday operations, secure payment gateways add an extra layer of security for buyers when they pay for their goods online. Even your business can cut down on additional hassles and reduce RTO with a proper online payment gateway. But as a new seller who is just starting with online selling, choosing one can be a difficult task. Here are 10 payment gateways performing well with the current trends.
What to consider when choosing a payment gateway?
How to choose a payment gateway
A good payment gateway is a fantastic tool to make transactions seamless, boost customer confidence, and even help grow your business. But with so many options out there, how do you pick the right one? Here are some key things to keep in mind:
1. Cost of Setup
Let’s talk money—because it matters. Payment gateways don’t all charge the usa phone number list same way. Some might hit you with an upfront setup fee, while others skip that but take a small percentage from every transaction. It’s also important to watch out for those hidden costs, like monthly maintenance fees. Take a close look at the overall expenses and ensure the gateway fits your budget while still offering the features you need.
2. Setup Time
In eCommerce, time really is money. You don’t want a payment gateway that takes forever to set up or is difficult to integrate in your system. Some gateways are simple plug-and-play, ready to roll in just a few hours. Others might need more technical expertise, like API integration, which can take longer. If you’re not tech savvy or just want to save time, go for a gateway that’s easy to set up. It must come with clear instructions and offer solid technical support to guide you through the process.
Top 10 Payment Gateways For Your eCommerce Website [2025]
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