<strong>Fintechs ensuring safe and secure transactions through payment gateways</strong>

Today, there is a need for safe and secure online transaction of money like never before. Payment gateways have of late emerged as technology-driven tools that enable end-to-end procession of transaction while ensuring complete security. The modern consumer is moving towards a cashless economy, and thus they rely only on trusted methods of payment. Here are some popular payment gateways that are being used by consumers for their user-friendly features.

Paytm

Paytm, which has touched common man’s daily life, provides quick and safe UPI payments as well as online payments. In reality, in India, the term "online transactions" today usually refers to Paytm. Everyone, from upscale restaurants to street sellers selling clothing, has risen to the challenge after completing online transaction training. Consumers no longer need to deal with cash and wait for change to save time and hassle. It is the present and future of online payment in India because it is safe, simple, and time-saving.

Paycorp

Paycorp.io is known for its B2B2B and B2B2C recurring auto debit solutions. In the beginning of the year the company launched Automated Clearing House (ACH) payment gateway. It has become the convenient alternative for eCommerce consumers when they need to pay through debit or credit cards, UPI or net banking. The ACH payment gateway enables the user to split the payment into easy instalments at the point of checkout without needing a credit card. The consumer need not worry about missing due date and incurring penalties as Paycorp.io pays automatically. It is far more convenient than blocking money through credit card, and in turn restricting the purchasing power.

Razorpay

Razorpay enables e-commerce clients to use secure payment gateways. In today's world, scammers may quickly create payment pages and deceive both customers and businesses. Razorpay ensures that such anti-social elements do not gain a foothold in this manner. This Indian-based company enables businesses to accept payments from customers, handle the transaction, and automate payments to suppliers and employees. This means the company has a consistent, positive cash flow and never runs out of working capital.

Bill desk

This government-owned Bharat Bill Payment Operating Unit is one of India's most reputable payment gateways. Through its broad financial services, Bill Desk streamlines payments for day-to-day expenses and utilities such as phone, gas, insurance, ISP, credit card, gas and other amenities. While the beginning plan is free, you will be charged if you choose to use additional services. It accepts over 70 currencies, including INR.

Instamojo

When you want to pay for digital services such as tickets, digital files, or entertainment services, Instamojo is your go-to payment option. It aids your firm in establishing a customer-centric retail engagement programme and ensuring a dependable experience for both customers and merchants by providing omnichannel transaction status updates. It allows over 170 payment methods, including RTGS, NEFT, Bank Transfer, and EMI. Though the initial setup is free, there are annual fees for the various payment methods that you desire to use.