Best Indian Shopify Payment Gateways, 2024
Online payment gateways and payment provider integrations systems are the backbone of any eCommerce transaction that helps a merchant in processing customer payments and secures all data related to the transaction. Quite aptly, when it comes to Shopify, the correct choice of payment gateway is really important for your online store to make sure that the merchant and the customer have seamless and secure transaction experiences. Some users may type a query for “is shopify payments available in india“, yes Shopify payment gateway is available in India.
While choosing a Shopify payment gateway in India, you would have to consider so many things: the pricing, how long it takes to set up, compatibility with geographical locations, and ease of integration. This all-inclusive guide will take you through some of the top Indian Shopify payment gateways you may want to consider in 2024 for your prudent decision based on business needs.
Shopify Payment Gateway Options Overview in India
The Indian eCommerce ecosystem has grown massively, so have the number of various payment gateway technologies developed for Shopify. Shopify’s very own payment gateway, Shopify Payments, is naturally at the forefront because of its default integration within Shopify. However, flexibility and customization can be well supported by third-party payment gateways, and many such needs may arise based on the requirements of your business.
Some payment gateways are more widespread in India, each having its advantage of either pricing, ease of use, or even support. Below, we delve into the most popular payment gateway for shopify india.
1. Razorpay
Razorpay is one of India’s largest payment gateways, supporting more than 100 modes of payment options for credit and debit cards, UPI, net banking, and popular wallets such as Paytm and PhonePe. It is designed with simplicity in mind for easy integration with Shopify. Razorpay also provides automated payment routing, smart payment retries, and instant settlement features, making it a feature-rich platform for merchants.
Key Features:
Supports over 100 modes of payment
Integrated with Shopify for seamless transaction processing. Advanced security-fraud detection. Quick onboarding, least documentation.
Transaction Fees: 2% + GST/transaction.
Benefit to Shopify Stores: Razorpay is versatile with any business willing to offer their customers an array of payment options. The quick settlement process is also one of the major plus points in cash continuity, especially in the case of small and medium-scale businesses.
2. PayU
PayU is one of the most reputed payment gateways in India; it also holds a strong stream in the eCommerce sectors. The platform supports various modes, such as credit/debit cards, net banking, UPI, and mobile wallets.PayU is totally integrated with Shopify, which means there will not be any problem during the setup of this payment gateway. Key Features: Multiple payment options Secure payment processing with PCI-DSS compliance Offers ‘PayU Money’ for easy refund processing Customizable checkout page for better user experience
Transactional charges: 2% + GST/transaction
Benefits for Shopify Stores: PayU is a powerhouse in providing online payment services, especially to all Shopify stores targeting a wide customer base across India. Its comprehensive support to a wide variety of payment methods is commendable. Its robust security measure assures protection for both merchants and customers in transactions.
3. CCAvenue
One of the oldest payment gateways in India, CCAvenue , is one of the most trusted. The option it provides for international cards is pretty vast, so if you really do have customers all over the world, this might be the absolute choice for your Shopify store. CCAvenue provides an intuitive, full-service merchant dashboard which delivers deep insight into every transaction.
Key Features:
Supports more than 200 payment options, including international cards
Advanced fraud detection tools
Multi-currency support for global transactions
Powerful analytics and reporting tools
Transaction charges: 2% + GST per transaction for Indian cards
Benefits for Shopify Stores: CCAvenue would be a good option for Shopify merchants that sell internationally or need wide coverage of the different modes of payment. Its multi-currency support and advanced analytics will go a long way in helping your business in optimizing the way it manages its payments.
4. Instamojo
Instamojo is an easy payment gateway, especially for small businesses and startups. It currently supports all cards, net banking, UPI, and wallets. Instamojo can be noted, in particular, for the easiest integration process with minimum or no charges for maintenance, hence making it accessible to new Shopify merchants.
Key Features:
Easy and quick integration with Shopify
No setup and maintenance charges
Instant payment via UPI and wallet
Smart pricing model with low transaction fees for micro-payments
Transactional charges: 2% + GST per transaction
Benefit to Shopify Stores: Instamojo, shopify payment gateway india will be a good option for small Shopify stores or startups due to its ease of use and zero maintenance charge. Its smart pricing will work in the favor of merchants dealing in huge numbers of small-value transactions.
5. Cashfree
Another trusted payment gateway, which is very well in use in India, is Cashfree. Due to its strong API and fast settlement cycles, this gateway has been availed with high popularity. Cashfree also supports Shopify integration through a wide variety of payment options. Another feature that makes Cashfree comprehensive for online business is its instant refunds and payouts.
Key Features:
Supports multiple payment methods including UPI and wallets
Instant refunds and payouts
Easy Integration with Shopify through Detailed Documentation
Advanced Security Features-3D Secure
Transaction Fees: 1.75% + GST per Transaction
Benefits for Shopify Stores: Cashfree’s quick settlement and refund cycle are good for Shopify merchants who stress cash flow management. Its competitive transaction fee goes down further to save costs, especially for high-volume merchants.
Top Indian Shopify payment gateways. FAQs
1. What are the best Shopify payment gateways for India?
Razorpay
PayU
CCAvenue
Instamojo
Cashfree
Paytm
PayPal
2. Which is the most popular Shopify payment gateway in India?
Razorpay since it provides super-easy integration and a host of payment options with reasonable pricing, hence becoming widely popular.
3. Are the Indian payment gateways safe for Shopify stores?
Yes, most of the Indian payment gateways are PCI DSS-compliant, which is supposed to enable secure transactions through encrypting technologies.
4. How to integrate an Indian payment gateway into Shopify?
Once you’ve chosen a gateway, you can activate it in your Shopify admin by clicking Settings, then Payments, and then following the steps provided for your chosen gateway.
5. Can I receive international payments with Indian payment gateways?
You can receive international payments with currency conversion through top payment gateways like Razorpay, PayU, and PayPal.
6. Are there any payment gateways on Shopify for small businesses in India?
The best part about them is that since they are small businesses, Instamojo and Cashfree are pretty economical to use.
7. What are the parameters to be considered for choosing a Shopify payment gateway in India?
Look for transaction fees, support of particular payment methods (cards, UPI, net banking), international payment receipts, security, and customer support.
8. Do any of the Indian payment gateways have a mobile application to manage transactions?
Yes, as of now, providers like Razorpay and PayU have mobile apps where you can monitor real-time updates about your payments, sales, and transactions.
Please go ahead and ask for more detailed information on any of the mentioned Shopify Payment Gateways.
Conclusion
The best Shopify Indian payment gateways depend on factors such as business size, customer base, and specific transaction needs. Razorpay and PayU shall be highly recommended on account of comprehensive support and ease of use. CCAvenue is a good choice on account of the international payment choices it would make available. Instamojo and Cashfree would come out as perfect bets for smaller businesses or those who want speedy and hassle-free means of collecting and making payments.
In the end, the perfect payment gateway should be one that would meet all your expectations from your business and also be smooth and secure for both you and your customers. For any integrations or further optimization of your Shopify store, Bloom Agency is here to help.
Looking for a Shopify Expert?
As one of the major Shopify partners in India, Bloom Agency specializes in building and optimizing e-commerce websites. Our expertise with payment gateway integration will make your Shopify store ready with the best technology to enhance the customer experience and increase sales.
Contact Us Today to Know More About Our Shopify Services.
Whether you’re setting up a new Shopify store or upgrading an existing one, Bloom Agency is here to guide you through every step. From expert Shopify web design and development to tailored Shopify SEO services, we ensure your eCommerce website is optimized for success. Let us create a seamless shopping experience by integrating the best Indian payment gateways for Shopify, enhancing both functionality and user satisfaction.
