Looking for the best payment gateways in India in 2025? Whether you’re running a high-risk vertical, a fast-scaling SaaS platform, or a fintech startup, this curated list is built for real-world usability—not just a flashy UI.
Unlike broader lists, we’ve zeroed in on 7 platforms that excel in UPI success rates, risk acceptance, fraud prevention, settlement flexibility, and cross-border capability. From Razorpay to BillDesk, these gateways serve everything from digital-first startups to regulated industries and government payments.
Why a Leaner List of best Payment Gateways Matters
With over 40+ payment solutions active in India, narrowing it down to just 7 is about precision. Whether you’re dealing in regulated industries, want better UPI success rates, or need support for instant payouts—this list answers “who really delivers” in 2025.
We excluded platforms that focus only on checkout UX (like JusPay) or those lacking merchant support in high-risk verticals. This list is merchant-first, tailored to performance and scale.
7 Best Payment Gateways in India
1. Razorpay
Razorpay is still the most agile payment infrastructure for Indian startups and mid-size businesses. It combines gateway, banking, and automation with tools like RazorpayX and Magic Checkout.
Why It Ranks #1:
- Excellent support for UPI, wallets, netbanking
- Instant settlements (with RazorpayX)
- Recurring billing & subscriptions
- Strong API library
Pricing Structure
Standard Plan:
-
Platform Charges: 2% + GST
-
Higher Fee Methods (Diners, Amex, EMI, Corporate Cards): 3%
Enterprise Plan:
-
Pricing: Customized based on business volume and requirements
Advantages
-
Fully digital and hassle-free onboarding process
-
One of the easiest gateways to integrate with websites or apps
-
Offers robust, developer-friendly APIs and ready-to-use plugins
-
Supports no-cost EMI options for customers
-
Lets you build personalized, branded payment pages
-
No setup or annual maintenance charges
-
In-house security team for enhanced data protection
-
Personalized checkout experience based on user behavior
-
Quick options to accept or refund payments instantly
Limitations
-
Doesn’t include built-in SSL certificate support
-
Transaction fees can be on the higher side for small businesses
Ideal For: SaaS, D2C brands, platforms scaling fast
2. Cashfree Payments
Cashfree is rapidly becoming India’s payout backbone. With instant vendor payments, international settlement, and marketplace-friendly logic, it’s ideal for aggregators and digital platforms.
Strengths:
- Split settlements, auto-routing
- Bulk disbursals
- International currency support
- NBFC & high-risk onboarding experience
Pricing Overview
-
Base Platform Fee: 1.95% per transaction
-
UPI via Credit Card: 2.15% per transaction
-
Credit Card EMI: Standard TDR + 0.25%
-
Debit Card EMI: 1.50% per transaction
-
Cardless EMI: 1.90% per transaction
-
Pay Later Options: 2.20% per transaction
Key Benefits
-
Specifically tailored for Indian businesses and end-users
-
Receive settlements even on weekends and public holidays
-
No additional setup or yearly maintenance charges
-
Industry-leading settlement speeds
-
Built-in No-Code Offer Engine to manage discounts and promotions
-
Offers the widest Buy Now, Pay Later (BNPL) coverage
-
Capable of handling up to 3000 TPS (transactions per second)
-
Stores customer card info using RBI-compliant token vault
-
Smart auto-retry system to improve transaction success
-
Automated reconciliation for time-critical payment flows
Drawbacks
-
Customer service response times can be slow; no phone support available
-
Overall pricing may be slightly on the higher side for some businesses
Ideal For: BNPL, aggregators, freelancers, logistics tech
3. PayU India
Known for its enterprise-grade routing engine and risk management modules, PayU is a go-to choice for regulated sectors and growing eCommerce ecosystems.
Highlights:
- Smart routing (improves success rates)
- Strong analytics dashboard
- Tokenization & card-on-file solutions
- Custom merchant onboarding
Fee Structure
-
Domestic Payments (Visa, Mastercard, Net Banking, Wallets, BNPL): 2% + 18% GST
-
Premium Cards & EMI (Diners, Amex, EMI): 3% + 18% GST
-
Enterprise Plans: Tailored pricing available for high-volume businesses
-
Visit PayU’s pricing page for full details
Highlights
-
Fully digital onboarding with no paperwork
-
Supports one of the largest sets of payment modes in India
-
Cost-effective for startups and scaling businesses
-
Checkout experience available in multiple Indian languages
-
Delivers a seamless one-click payment experience
-
Superfast refund processing within 5 minutes
-
No charges for account setup or annual maintenance
-
Developer-ready with well-documented APIs and front-end kits
Potential Drawbacks
-
Instant/priority settlements may require additional fees
-
Customer service may be slow to respond during peak hours
Ideal For: Edtech, insurance, lending, marketplaces
4. CCAvenue
CCAvenue continues to dominate as a gateway that supports international merchants, cross-border businesses, and multi-currency processing with ease.
Why It’s Here:
- 200+ payment modes
- IVR payments, EMI, and multilingual checkout
- FX settlements and NRI merchant onboarding
- GST-ready invoicing & reconciliation
Pricing Details
Startup Pro Plan (No Setup Charges):
-
Transaction Fee: 2.00%
-
Domestic Corporate Cards: 3.00%
-
Amex / Diners / Amex EMI: 4.00%
-
Annual Tech Maintenance Fee: ₹1,200
Startup Privilege Plan (With Setup Fee):
-
One-Time Setup Fee: ₹30,000
-
Additional Charges: Custom pricing based on usage and features
Key Features
-
Checkout pages available in multiple Indian languages
-
Provides a localized shopping experience for diverse customer bases
-
Fully customizable payment pages to match your brand’s identity
-
Built-in smart retry mechanism for failed transactions
-
Dynamic switching between acquiring banks to maximize success rates
-
100% paperless KYC onboarding process
-
Smooth and fast checkout flow for users
-
Secure card-saving vault for faster repeat payments
-
Free customizable online store builder for merchants without a website
Limitations
-
Annual maintenance fee is applicable
-
Weekly settlements are only processed for amounts exceeding ₹1,000
-
Customer support may not be responsive at times
Ideal For: Hospitality, exporters, large D2C brands
5. Paytm Payment Gateway
With Paytm’s popularity across wallets and UPI, its gateway allows mobile-first commerce to thrive. Especially useful for brands targeting youth, Tier 2/3 cities, and mobile-first users.
Advantages:
- Wallet + UPI combo
- Native app integrations
- UPI AutoPay for subscriptions
- Power
Paytm Payment Gateway – Pricing BreakdownA. Online Transactions (GST @ 18% applies)
For Startups, SMBs & Online Sellers:
-
UPI Payments: 0%
-
Paytm Wallet & Postpaid: 1.99%
-
Debit Cards: 0% – 0.9%
-
Credit Cards: 1.99%
-
International & Other Cards: 2.99%
-
Net Banking: 1.99%
-
EMI Payments: 2.99%
For Enterprises: Custom pricing available
B. In-Store Payments (POS/QR-based):
-
Small to Large Merchants: Up to 3.99% per transaction
🔗 Check the official Paytm pricing page for the most recent updates.
Top Benefits
-
Industry-leading 99.99% uptime ensures uninterrupted payments
-
Instant digital onboarding—get activated in minutes
-
Fast settlements—receive funds within 30 minutes of integration
-
Scales effortlessly with capacity to handle 10,000+ transactions per second
-
Payment platform regularly updated with auto-upgrades
-
Smooth 2-click UPI checkout flow
-
No fees for annual maintenance, account setup, or fund withdrawals
Considerations
-
Some merchants raise data security concerns
-
Physical office visit required for verification
-
Limited access to Paytm Payments Bank account via web or app interface
ful SDKs for Android/iOS
-
Ideal For: Gaming apps, grocery delivery, hyperlocal platforms
6. Atom Paynetz
Atom Paynetz supports a wide range of merchant categories including education, healthcare, and B2G sectors—making it one of the few payment gateways that services semi-regulated industries efficiently.
Perks:
- PCI-DSS compliance
- Dynamic routing and fraud control
- Custom checkout for niche use-cases
- Regulatory onboarding for NBFCs
Atom Paynetz – Pricing Overview
Standard Online Transaction Fees (18% GST applicable)
-
Credit Cards (Visa, Mastercard): 2.00%
-
Debit Cards (All Banks): 0.90% – 1.10%
-
Net Banking: 2.00% (varies by bank)
-
UPI: 0% – 1.00%
-
Wallets: 2.00%
-
EMI (Credit & Debit): Starts at 2.50%
-
International Cards: 3.00%+
-
Custom enterprise rates available for high-volume merchants or niche sectors
Exact rates may vary by business category. Always consult Atom’s pricing page or sales team for accurate details.
Key Advantages
-
Offers 100% digital KYC and onboarding
-
Covers a wide array of verticals—education, healthcare, NBFCs, utilities, and B2G
-
PCI-DSS certified for enhanced transaction security
-
Advanced fraud prevention tools with real-time alerts
-
Intelligent dynamic routing for better success rates
-
Custom checkout options to fit specialized business needs
-
Supports recurring billing and subscription models
-
Integrates easily with mobile apps and ERP systems
Limitations
-
Customer support can be slow or unresponsive in some regions
-
Settlement cycle is weekly and may not suit businesses needing faster cash flow
-
Interface and dashboard may feel outdated compared to newer pla
Ideal For: Schools, government vendors, hospitals
7. BillDesk
BillDesk has quietly powered the backend of India’s utility payments, insurance sectors, and large-scale recurring debit models. While not as flashy as new-age gateways, its dependability is unmatched.
Key Benefits:
- BBPS integration
- High-stability recurring billing
- Great for telecoms and utility billing
- Strong backend for insurance collections
BillDesk – Pricing Snapshot
Domestic Transactions (Plus 18% GST)
-
UPI: Typically 0% – 1.00%
-
Credit Cards (Visa, Mastercard, etc.): Around 2.00%
-
Debit Cards: 0.90% – 1.10%
-
Net Banking: Approx. 1.80% – 2.00% (varies by bank)
-
Wallets & Prepaid Instruments: 2.00%
-
BBPS Payments (Utility, Insurance, Telecom): Custom pricing
-
EMI & Recurring Billing: Based on agreement with merchant
📌 BillDesk generally provides tailored pricing for enterprise-level clients and high-volume billers.
Why Choose BillDesk
-
Seamlessly integrated with the Bharat Bill Payment System (BBPS)
-
Trusted backbone for utilities, telecoms, insurance, and recurring billing models
-
High-reliability infrastructure powering millions of monthly transactions
-
Multi-bank integration for greater reach and success rates
-
Excellent data reconciliation and reporting tools
-
Supports auto-debit mandates, insurance premiums, gas bills, and more
-
Frequently chosen by IRCTC, telecom providers, gas agencies, and other large-scale operations
-
Compliant with RBI regulations and financial-grade security protocols
What to Watch Out For
-
Interface and developer tools may not be as modern as newer gateways
-
Onboarding can be lengthy, especially for startups and small businesses
-
Lacks some customization features like no-code offers or branded checkout
-
Customer support is limited to enterprise accounts—smaller clients may face delays
Ideal For: Telcos, gas agencies, IRCTC-type platforms
Quick Comparison: Best Payment Gateways in India
| Gateway | UPI Support | International Support | Risk Acceptance | Recurring Billing | Settlement Speed |
| Razorpay | ✅ | ✅ | Medium | ✅ | Fast (Instant-X) |
| Cashfree | ✅ | ✅ | High | ✅ | Fast |
| PayU | ✅ | ✅ | High | ✅ | Medium |
| CCAvenue | ✅ | ✅ | Mid | ✅ | Medium |
| Paytm PG | ✅ | ❌ | Mid | ✅ | Fast |
| Atom Paynetz | ✅ | ❌ | High | ✅ | Medium |
| BillDesk | ✅ | ❌ | High | ✅ | Medium |
How to Choose the Best Payment Gateway (2025)
- For high payout volumes or freelance networks: Go with Cashfree
- If you need multilingual invoicing and FX: Choose CCAvenue
- Running utility/insurance models: Stick with BillDesk
- For mobile-first and Tier 2/3 cities: Use Paytm PG
What’s Missing (And Why)
In this trimmed-down version, Instamojo has been removed. While it’s great for solopreneurs, its limited enterprise support and lack of international capability means it doesn’t meet the scale, payout, or risk support needed by larger merchants.
Final Thoughts
Choosing the Best payment gateways in India (2025) is about more than just a slick checkout page. It’s about risk, success rates, integrations, and payouts. Use this list as a decision-making tool based on what your business actually needs—not just who’s trending.
FAQs: Top Payment Gateways in India (2025)
1. What is the Best payment gateways for startups in India?
Razorpay is the top choice for startups due to its fast integration, powerful APIs, and instant settlement capabilities through RazorpayX. It’s ideal for businesses scaling quickly, especially in the SaaS or D2C sectors.
2. Which payment gateway is best for cross-border transactions?
Cashfree and CCAvenue are the top payment gateways for businesses dealing with international payments. Both platforms offer multi-currency support and facilitate FX settlements, making them perfect for global expansion.
3. What payment gateway offers the fastest settlement in India?
Razorpay is known for its instant settlements, especially with RazorpayX, which allows businesses to transfer funds into their bank accounts almost immediately. Cashfree also offers quick payouts, particularly for vendors and marketplaces.
4. Which payment gateway supports recurring billing?
Razorpay and BillDesk excel in recurring billing and subscription management. Razorpay offers easy integration for subscription-based models, while BillDesk powers utility payments and large-scale recurring models for telecoms and utilities.
5. Is Paytm Payment Gateway suitable for mobile-first businesses?
Yes, Paytm PG is ideal for mobile-first businesses, particularly those targeting Tier 2/3 cities or youth demographics. Its UPI integration, wallet features, and powerful SDKs for mobile apps make it a top choice for mobile commerce.
6. Which payment gateway is the best for high-risk businesses?
Cashfree and PayU are excellent for high-risk verticals. Both platforms offer custom onboarding, advanced fraud prevention tools, and high-risk merchant acceptance, making them suitable for industries like BNPL, insurance, and lending.
7. What payment gateway is best for eCommerce businesses in India?
PayU India is widely used by eCommerce businesses due to its smart routing engine, advanced fraud protection, and high transaction success rates. It’s well-suited for both large-scale businesses and regulated industries.
8. Which payment gateway has the best fraud protection?
PayU is renowned for its advanced fraud detection systems and risk management capabilities, especially in sectors like insurance, lending, and eCommerce. It’s designed to handle high volumes of transactions while maintaining security.
9. Is CCAvenue good for small businesses?
CCAvenue is better suited for larger businesses or those with cross-border needs, as it supports 200+ payment methods, multi-currency processing, and international transactions. Small businesses should consider Razorpay or Paytm PG for more accessible features.
10. What is the best payment gateway for educational and healthcare sectors?
Atom Paynetz is highly recommended for industries like education and healthcare due to its PCI-DSS compliance, fraud control systems, and tailored solutions for semi-regulated sectors.