List of 10 Best International Payment Gateways in India

As the world is moving towards a digital economy, e-commerce is growing at an exponential pace. Brick and mortar stores are also going online and becoming global in nature. This change also means that payments have to be made online to vendors by international clients.

To make the payment process smooth and secure, you need reliable international payment gateways. This is also crucial to gain the trust of customers and decrease payment failure rates.

In this article, we discuss the best international payment gateways in India that merchants can easily set up and use without any hassle.

How to Receive International Payments in India Online?

If you want a quick transfer of international payments from clients abroad to your account in India in exchange for services/ goods, you must opt for an international payment gateway solution.

A payment gateway for international payments sends the information of your customer from your online portal to the associated bank or card’s network for processing.

The transaction details are sent back to the portal to inform customers whether the payment is complete with successful authorization or not. If the authorization is successful, money is transferred from the customer’s account to the merchant’s (seller) account.

For this, international payment gateways seek registration with banks as well as payment networks in different countries. You must pay at least a transaction fee to get services offered by an international payment gateway like PayPal.

What Is International Payment Gateway?

An international payment gateway is a tool that is integrated by businesses into their platform for making and receiving payments from anywhere across the world. An international gateway supports multi-currency payments and interfaces with different regional languages across the world so that transactions occur smoothly.

The transaction can occur vis direct bank transfers, debit cards, credit cards, etc. Payment gateways usually combine merchant account capabilities and international payment processors for authorizing transactions.

The payment information is transmitted from the merchant’s page to the bank’s server/ payment network and the response (success/ failure) is conveyed back to the page.

Suggested Read: Best Payment Gateways in India For Secure Online Payments

Why Indian Merchants Need International Payment Gateways?

Indian merchants require access to a payment gateway for international payments. Global payment gateways are critical because of the following reasons.

• Different Countries have Different Currencies

There are higher chances of customer conversion when they see service or product prices listed in their currency. There is no standard currency worldwide and the currency conversion rates keep varying. Foreign customers always have to convert INR prices into their standard currency, which makes the benchmarking of prices difficult.

So, if you want a large base of customers outside India, you must have an international payment gateway that enables customers to pay in their local currency.

• Saves Time and Streamlines Processes

Global payment gateway solutions simplify payments by supporting different payment modes used across the world. They have UI elements that can be quickly customized to create custom payment forms.

So that information can be sent directly to international payment processors. International payment gateways also enable quick transfers and settlements, sharing of payment links, etc.

• Decrease Failure Rates

Besides being multi-currency payment gateways, international gateway solutions come with capabilities like automatic payment retries to decrease chances of payment failures.

For recurring payments, they ensure that customers do not have to fill in all the details every time. An international payment gateway like PayPal ensures that the information is stored in a secure manner.

• Ensures Safety During Transactions

Monetary transactions involve high risk and require high security to prevent any fraud. By using global payment gateway solutions that are reliable, merchants can accept and send payments easily. Payment gateways verify client identity and even provide functionalities for tax calculations.

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Best 10 International Payment Gateways for Indian Merchants

• PayPal
• PayUbiz
• Stripe
• 2Checkout (Verifone)
• CCAvenue
• EBS Payment Gateway
• PayUbiz
• Instamojo
• Razorpay
• SecurionPay

Here’s the list of international payment gateways that are popularly used by businesses across industries to close deals globally.

• PayPal

PayPal is one of the most popular and trusted payment gateways for sending and receiving overseas payments. Indian merchants can offer local payment options and accept payment from over 200 markets in more than 100 currencies.

You can create customizable invoices, personalized payment links, add recurring payment options, and more to ensure smooth payment processes.

Things to Know About PayPal

• No set-up/maintenance fees
• Accepts both debit card and credit card payments
• Shopping cart integrations
• 24/7 transaction monitoring, seller protection, fraud prevention
• Works on web-browser
• Offers mobile app

Pricing Plans: You can sign up for free. Pricing plans for payment gateway India vary according to the platform choice and annual sales volume. Large enterprises can contact the sales team for a quote.

• PayUbiz

PayUbiz payment gateway solution supports debit cards, credit cards, and net banking options in over 50 Indian banks for international payments. You can analyze transactions in real time based on different parameters. It provides dedicated reports for a detailed understanding of conversion rates.

Things to Know About PayUbiz

• Easy setup
• One tap payment
• Settlement in 125+ currencies
• Has Android & iOS SDKs
• Global bank partnerships to mitigate Forex risk
• Support for shopping cart & e-commerce plugins

Pricing Plans: The integration fee starts from INR 4900 for the Start Up plan. The annual maintenance costs INR 2,400. Charges for net banking, credit cards, debit cards, and other payment methods vary according to the selected plan.

• Stripe

Stripe gateway platform enables merchants to accept debit cards, credit cards, and other globally used payment methods across different online channels like marketplaces and e-commerce stores.

It provides customizable elements to help you design your own payments form that can be shared via a link. It also uses machine learning (ML) to recapture declines and decrease failed payment rates through smart retries.

Things to Know About Stripe

• Support for 135+ currencies
• Localized payment solutions with Bitcoin, ACH transfers, etc.
• Customizable invoices for recurring or one-time payments
• Android & iOS SDKs
• Financial reporting & consolidated reports
• Integrations with PCI compliance

Pricing Plans: It supports pay-as-you-go pricing starting at 2% for most domestic cards and 4.3% for cards issued anywhere to accept international transaction payments. You can contact their sales team to get pricing for a custom package.

• 2Checkout (Verifone)

2Checkout platform allows merchants to sell in 200 countries via over 45 payment methods, including standard credit/ debit cards, online wallets, and regional payment methods. It offers integration with a local payment processor to activate domestic cards in India.

You can create subscription renewal links for customers. This international payment gateway in India notifies customers about failed renewals via email to reduce the chances of lost revenue due to declined payments.

Things to Know About 2CheckOut

• 100 billing/ display currencies
• Security & fraud protection
• Global tax & regulatory compliance (2Monetize plan)
• Reporting & analytics
• Integration with 120+ carts
• Supports 30+ languages

Pricing Plans: You can sign up for free. The transaction rates start at 3.5% + INR 26.15 for every successful sale.

• CCAvenue

CCAvenue is another popular international payment gateway used by Indian merchants to collect payments in 27 different foreign currencies. You can integrate shopping carts and customize the payments page to complement your website.

With marketing tools, you can create discounts and run promotional campaigns for the customers. If you do not have a website, you can use it to create a customizable storefront.

Things to Know About CCAvenue

• Numerous payment options (58+ Net Banking, 97+ Debit Cards, 15 Bank EMI, 13 Prepaid Instruments, 6 Credit Cards) 
• PCI compliance
• Smart routing to best performing gateway
• Retry option to reduce the number of payment failures
• Checkout page in 18 Indian & International languages

Pricing Plans: There is no setup fee for Startup Pro plan. UPI Payments/ Rupay Debit Cards have no processing fee, while charges for other payment options begin from 2%. Software upgradation for the Payment Gateway India solution costs INR 1200/year.

• EBS Payment Gateway

EBS Payment Gateway supports over 100 payment options, including credit cards, debit cards, wallets, net banking, and more. You can create customized invoices and send payment links to customers via SMS or email.

It has algorithms to pre-screens transactions and ensure their legitimacy. With real-time reports, you can get an overview of your performance and increase your profits.

Things to Know About EBS Payment Gateway

• Support for 11 major foreign currencies
• Shopping cart plugins
• Android & iOS SDK
• PCI DSS 3.0 compliant
• Payment page customization in 7 different languages

Pricing Plans: There is no setup fee of the Starter plan. Transaction rates for different payment methods start at 2%. A maintenance charge of INR 1200/year is applicable from the second year. For international payments acceptance, you can email their sales team.

• PayU International Payment

PayU Payments (earlier PayUmoney) helps merchants in accepting international payments in over 100 currencies on their app or website. There are several UI options for checkout pages that you can use.

You can also set up online stores and share payment links on SMS and different social media platforms for accepting payments.

Things to Know About PayU International Payment

• Easy sign-up
• PCI DSS compliant
• Mobile & desktop optimization
• Smart recommendations for most used/successful payment option
• 24*7 integration support

Pricing Plans: You can sign up for free. The merchant needs to submit financial business documents for the verification and activation of international payments. Charges vary from 1.99% to 2% per successful transaction.

• Instamojo International Payment

Instamojo International Payment Gateway for Indian merchants provides the option to accept online payments through more than 100 different modes, including UPI, bank transfer, and NEFT.

You can send bulk requests to customers via SMS/ email to receive payments faster. With the smart pages feature, you get customizable themes, in-built payments, and other features to generate leads.

Things to Know About Instamojo International Payment

• Smart payment links with expiry dates
• Embed pay button on blogs/ webpages
• Faster payout options: Instant, same day, next day
• PCI-DSS certified payments
• APIs & plugins for easy integration

Pricing Plans: Lite plan with limited themes is free, excluding transaction charges. Merchants are charged at the starting rate of 2% + INR 3 per transaction, excluding GST. Paid online store plans start at INR 3,999/year.

• Razorpay International Payments

Razorpay gateway supports all major international cards and enables customers to choose from 92 different currencies. You can automate recurring transactions for different modes or share links via different communication channels for quick payments.

It also provides options on its dashboard to create promotional offers for different customer segments.

Things to Know About Razorpay International Payments

• Real-time currency conversion
• INR option for settlements
• Inbuilt PayPal integration
• Analytics on payments, refunds, etc.
• PCI DSS Level 1 compliant

Pricing Plans: There are no setup and maintenance fees. Transaction fee for the Standard Plan starts at 2 percent.

• SecurionPay

SecurionPay enables businesses to securely accept web and mobile payments in 160 different currencies. The platform supports mixed payment models to provide customers with both single and automatic recurring payment options. You can set up intervals for payment retries to decrease conversion failure rates.

Things to Know About SecurionPay International Payments

• Support for 24 languages
• One-click payments
• Zapier integration
• PCI Level 1 & Tokenization for credit cards
• Anti-fraud tools & blacklisting
• Does not support business models like eCigarettes, ISP & hosting services, etc.

Pricing Plans: It offers a free setup and no extra monthly charges. For regular merchants, the rate is 2.95% + 21.36 INR per successful transaction. Pricing starts at 4.9% + INR 29.90 for every transaction in high-risk businesses like regulated online casinos.

There may be a registration fee as well, depending on the business type. Indian merchants can process their payments by registering their company in one of the supported countries.

Suggested Read: Razorpay Vs PayU Vs Instamojo Vs CCAvenue: The Best Indian Payment Gateways

How to Choose the Right International Payment Gateway?

Keep in mind the following factors while choosing the international payment gateway to make the right choice.

• Budget: Based on the size of your business, the amount that needs to be processed by the payment gateway annually varies. Different international gateway payment vendors have distinct setup fees, processing charges, and annual maintenance fees. Choose the one that caters to your business and offers flexible pricing models.

• User-friendliness: The gateway solution must be simple to use and integrate with other systems like CRM and invoice software. The solution must offer features like custom payment forms, branding, payment processing, and so on. It must also support mobile payments to increase customer conversion rates.

• Country-wise support: Indian merchants must check the support for INR and other currencies depending on their target audience. Multi-currency payment gateways that support many languages are great for attracting customers outside India. Ensure that you check the terms and conditions to avoid confusion later.

• Payment modes: There must be several international gateway payment modes, including credit cards, debit cards, net banking, EMI, among other modern options. This will enable merchants to ensure that both one-time and subscription-based recurring payments occur smoothly.

• Security & compliance: While you want to make payments simple and quick for customers, it should not come by compromising security. Financial transactions require sensitive customer information and hence, your payment gateway must include tools to ensure security. There are different PCI (Payment Card Industry) compliance standards based on the choice of country. If a gateway is PCI compliant, it will adhere to international security standards.

Conclusion

While there are several international payment gateway providers for Indian merchants, a large section of the community is still limited to vendors supporting domestic options.

In this digitalization era, a suitable payment gateway can help you achieve global business expansion and gain an edge over competitors. So, get started with one of the already mentioned options as soon as possible.

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Related Categories: Payment Gateway | Order Management Software | Dropshipping Software | Shopping Cart Software