Payment Gateway Questions & Answers

Yes, if your company doesn't have an annual turnover of over ₹20 lakhs, you can get a payment gateway without GST. However, you will not be able to claim your TDS while filing your tax returns if you don't provide your GST details.

Payment gateways are used to securely process online payments, authorize transactions, and ensure the efficient transfer of funds between customers and merchants. They provide a secure environment for handling sensitive payment information and help prevent fraud.

Zomato Payments, a part of Zomato, provides payment services using the Unified Payments Interface (UPI) in partnership with ICICI Bank. This includes payments between merchants and individuals. Zomato also has Zomato Pay, which lets users pay directly through the Zomato app at certain restaurants.

For Shopify US dropshipping, PayPal and Stripe are commonly used payment gateways due to their ease of integration, global acceptance, and reliable support.

MOst of the  payment gateways, such as Cashfree, Instamojo, PayU, CCAvenue, Razorpay, offer 0% transaction fees on UPI payments.

For Indian businesses, popular payment gateways include CCAvenue, Razorpay, Paytm, CCAvenue, and PayU. These gateways offer comprehensive features, competitive pricing, and reliable customer support, making them suitable for various business needs.

Razorpay, Stripe, Skrill, CCAvenue, PAyU, PayPal and more offer instant transfers, but typically, payment gateways have a settlement period ranging from a few hours to a few days. The exact time frame depends on the provider and the terms of service.

Payment gateways such as PayPal, Stripe, and PayU, CCAvenue support international transactions. They offer multi-currency support and comply with international payment standards, making them suitable for global businesses.

Most of the modern payment gateways, including PayPal, Stripe, and Razorpay, generate receipts automatically after a transaction is completed. This feature helps merchants and customers keep track of their transactions.

Several Indian payment gateways support WooCommerce, including Razorpay, Paytm, CCAvenue, Instamojo, and PayU. These gateways offer plugins that can be easily integrated into WooCommerce stores.