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Price Comparison of Payment Gateway Service Providers in India

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We've compiled the all the payment gateways companies's price comparison of payment gateways in India, which you'll find useful. If you've any comments or suggestions then contact us here. Just like that of Banks every paisa you pay to payment gateway service provider attracts 10.3% service tax.

To calculate the total price of payment gateway you should consider total annual sales, payment gateway fees, AMC and some chargeback charges.

Price Comparison of Online Payment Gateways in India
S. No.Company NameOne Time Setup FeeTransaction costs(Credit /Debit Cards)Transaction Cost (Net banking)Annual Maintenance Cost(AMC)Credit Cards supportedBanks Supported
1 CCAvenue Free 5.5%(1.25% for Debit Cards) 4% 1200(Free 1st year) Visa,Master Card, Amex,Diners,JCB HDFC, ICICI, UTI, IDBI, CBoP, Citibank, BoB, BoI etc
1 PayZippy(Flipkart) Free 2.5%(0 .75% for Debit Card NA Free Visa,Master Card, etc  
2 DirecPay(TimesMoney) 15,000 5% 5% 2400 Visa,Master Card 27 banks(netbanking)
3 ICICI Payseal 30,000 3-4%   Nil Visa, Master Card  
4 HDFC Bank 50,000 3.5-6%   12000 Visa, Master Card  
5 IndiaPay 6,000 5%   3600 Visa, Master Card,American Ex, Diners, JCB, Discover Major banks(debit card only)
6 Transecute Nil 5%   Nil Master/Visa None
7 EPaymentsGlobal 9,990 7%   2700    
8 EBS(Axis Bank) 12,000 5% 5% 3600 Visa, Master Card, Diners Axis, HDFC, Citibank, ICICI, J &K,Federal Bank
9 PAYSIGNET 3000** 5% 5% 1500    
10 Cell Pay 15,000 4.5% 4.5% 2500 Visa,MasterCard, Cash cards Major banks
11 iPayIN Nil 4% 4% 1500 2500 Visa,MasterCard Major banks
12 PayU 6000 4.9% 4.9% 2400 Visa,MasterCard,Netbanking 9 Major banks
13 HSBC 60,000 2.75% No support 0 Visa,MasterCard Only credit card/debit cards & companies with 2 years existence
14 Atom Technologies 20,000 3% 3% 5000 Visa,MasterCard,AMEX,Diners,HCB etc SBI,HDFC, ICICI( total 20 banks)
15 Citibank Only for High transactions( > Rs. 50 lacs) Only Diners/Master/Visa Credit & Debit Cards None
16 Bank of Baroda 15,000 4% - 2500 Visa, Mastercard Not supported
17 WhizPay 30000 3.5% 3.5%   Visa,MasterCard Major banks
18 NeonEpay Company closed
19 ABCPayments 10,000 7% 7% Nil Master Card,Visa,Diners

ICICI, Citibank, HDFC, Axis, IndusInd, IDBI

20 Zaakpay 10000 3% NA Rs. 2400(free 1st year Only credit/debit cards supported

None

21 TechProcess 30,000 2.5% 2.5% Rs. 5000 Master Card,Visa,Diners

27 banks

22 Axis Bank COMING UP
23 IDBI Bank

COMING UP

24 BillDesk

COMING UP

25 SBI Bank

COMING UP

 

Note: Taxes(10.3%) extra on all pricing and fees.

 

CCAvenue Schemes and Pricing
Type of SchemeSet Up fees
Annual Software Maintenance Cost TDR
Master Card/
Visa/Diners/
Credit Cards
TDR
Master Card/
Visa/Diners/
Debit Cards
TDR
AMEX/JCB/
Cash Cards
/Mobile Payment
TDR
Net Banking
Privilege Scheme Rs. 40,000 Rs. 3,600
 
2.5%
 
1.25%
price comparison of payment gateways
3.6%
2.5%
Premium Scheme Rs. 25,000 Rs. 2,400 3.5% 1.25% 4% 3%
Economy Scheme Free Rs. 1,200(1st year free) 5.5% 1.25% 5.5% 4%

Tip: Ccavenue is open to custom quote only for high turnover businesses. You can get 30-40% discount from resellers on the setup fees.

PayZippy/Flipkart Gateway

(Flipkart) Schemes and Pricing

Debit Card Pricing

Transaction Value Standard Pricing
<= Rs. 2000 0.75%
> Rs. 2000 1.00%

Credit Card Pricing

Monthly Credit Card Transaction Value Standard Pricing Promotional Pricing*
Rs. 0-5 lakhs 3.50% 2.50%
Rs. 5-10 lakhs 3.25% 2.25%
Rs. 10-25 lakhs 3.00% 2.00%
Rs. 25-100 lakhs 2.50% 2.00%
DirecPay(TimesMoney) Schemes and Pricing
Type of SchemeSet Up fees
Annual Software Maintenance Cost TDR Credit/Debit CardsTDR
Net Banking
Platinum 35,000 Rs.2400
4%
4%
Gold 25,000 Rs. 2400 5% 5%
Silver 15,000 Rs. 2400 6% 6%

Note: DirecPay does not seem to have advertised it's plans and pricing anywhere. But it is the most flexible company, you can bargain Setup fees,AMC and TDR etc. easily. Setup fees of Cat-C(Silver) seems to have be increased to minimum of Rs. 15,000.

IndiaPay Schemes and Pricing
SNo.Account TypeOne Time Setup Fee(INR) TDR(cards only)AMC(INR)
1 Silver 6,000 5%+ Rs. 3 3600
2 Gold 10,000 3.5%+ Rs. 3 3600
EBS Schemes & Pricing
SNo.Account TypeOne Time Setup FeeTDRAMC
1 Regular INR. 12,000 5.00 % INR. 3600
2 Silver INR. 18,000 4.00 % INR. 3600
3 Gold INR. 24,000 3.75 % INR. 3600
4 Platinum INR. 30,000 3.25 % INR. 3600

Tip: EBS is flexible, you can bargain for both Setup fees and TDR easily. You can also get 30-40% discount from EBS resellers on the setup fees.

 

AtomTech payment gateway price comparison Schemes & Pricing
SNo.Account TypeSetup FeeTDR AMC
1 Privilege 20,000 3% 5000

ATTN: As per feedback received, please avoid Atom Technologies


CellPay         Schemes & Pricing
SNo.PlanSetupTDR - Master/Visa
Credit Card
on IVR Inbound
TDR - Master/Visa
Credit Card
on IVR Out-Bound
TDR - Net BankingTDR - Master/Visa
Debit/Credit Card
AMC
1 Plan-1 15,000 4.5% 4.5% 4.5% 4.5% 2500
2 Paln-2 30,000 3.5% 3% 4% 3% 2500

PayU PayU Schemes and Pricing

Name of Plan Economy Silver Gold Platinum
Setup Fees 6000 12,000 24,000 36,000
Visa/Mastercard/ Diners Credit Cards 4.90% 3.90% 3.25% 2.75%
American Express Cards 4.90% 3.90% 3.50% 3.25%
Debit Cards - all banks (Visa, Mastercard, Maestro) 0.75% for Transaction Value upto INR 2000
1.00% for Transactions Value above INR 2000
Netbanking
(33+ banks)
4.90% 3.90% 3.25% 2.75%
EMIs 3.50% for 3 months, 5.50% for 6 months
Cash Cards 4.90% 3.90% 3.25% 3.00%


Zaakpay gateway Price Compare Schemes and Pricing
Account TypeSet Up fees
AMCTDR
Credit/Debit Cards only
Startup 10000 Free/2400 3%
Growth 10000 Free/2400 2.5%
Enterprise 10000 Free/2400 2.25%
Express 30,000 Nil 2.25%

A new company Zaakpay is launched in May, 2012. Without netbanking their plans are hardly attractive. Also we've seen a couple of companies vanishing after making an entry. That means Zaakpay may end up like them. If it needs to survive it will need to provide better options to customers and invest heavily in online marketing like Google Adwords.

Also we've skipped hidden charges and fees like refund fees, statement fees of Indian payment gateway companies - which you must factor in before you go for one. So need to include all of them to get correct picture for price comparison of any payment gateway.

Don't forget to read International Payment Gateway Companies including Paypal here.

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