Payment Gateways In India For Startups

Ever since internet became popular, one of the rising industries is the e-commerce industry

. It has been growing exponentially in the last few years. When one industry grows, it leads to another need. The Services required for these websites functioning also increases. This leads to many companies being started in that segment. Some of the popular services that are seen to increase because of the e-commerce industry are SEO, payment gateways and Logistics & Delivery. So when you buy anything online, you have to make payment for it. This is called online payment. This is not limited to just e-commerce. Any website where you make payments for products or services has to have an option for online payment. For this online payment, they require a payment gateway.

Payment gateway is a service provided by some companies called payment gateway providers. They provide the clients with a merchant account. When payments are made on their site, the fund is transferred to the client's merchant account. Payment gateways also provide a safe environment for making online payments. Once you are comfortable with online payments, you tend to use it for everything. From paying bills to buying movie tickets, you will use your credit online for everything. So it becomes your duty to stick to a particular payment gateway. This makes sure that you do not give out your credit card information to bogus sites that con and cheat people.

Once you are comfortable with online payments, you tend to use it for everything. From paying bills to buying movie tickets, you will use your credit card online for everything. So it becomes your duty to stick to a particular online payment gateway . This makes sure that you do not give out your credit card information to bogus sites that con and cheat people. By having a secure payment gateway for your website, you not only increase your goodwill among customers but also save you a lot of trouble. All the payments collected from customers is directly put into your account. The payment gateways used to charge a lot for their services previously. But now thanks to the competition and market exploding, they have become quite cheap now.

by: Jodimello

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