After years of research, courage, and innovation you have finally made a product or service you are proud of. Your creation is ready to be out in the world to buy or use, the website looks applicative; you are ready to make it live.
Now the only problem which is bothering you is which payment gateway to use.
Different websites are recommending different gateways. How can one identify which one is best for your business?
This blog aims to answer your questions regarding payment gateways and recommend a few payment gateway options, which are suited for your business.
- What is a payment gateway?
- 5 Things to consider before setting up a payment gateway
- Top 3 Mobile Wallets in India
- Payment Gateway + Billing Solution
- Final Notes
What is a payment gateway?
A payment gateway is a technology that helps merchants accept payments through various sources.
For Example- if a business is selling T-shirts online and one customer wants to make an online payment using UPI while another wants to pay through an International card. Without a payment gateway collecting these payments will be a hassle, but with a payment gateway, you can receive payments through a wide range of payment modes.
If you are using a payment gateway, you can accept payments through various credit cards, debit cards, UPIs, and other platforms.
Payment gateway is both online and offline technology. A lot of payment gateways are provided with POS ( point of sale) systems for businesses that make offline transactions.
Investing in a payment gateway technology helps a business increase its visibility in national and International markets.
Until a couple of years back, setting up a payment gateway was a mammoth task. It used to involve a lot of documentation, verification, huge setup feeds, and technical know-how to make it work. But now, it has become very easy to set up a payment gateway for selling your products in India.
When we started ProfitBooks, we researched many payment gateways available in the market, to help find one best suited for your payment needs. We came across many payment gateways which provided a variety of services and customization for different businesses’ needs.
The following blog comprises our learning about payment gateways in the market and the different customizations, services, and facilities they provide their customers with.
Now, we understand what a payment gateway is. Lets see different payment gateways available in the market.
5 Things to consider before setting up a payment gateway
- Payment gateway cost (Setup fee, TDR, Annual free, etc)
- Time to setup everything
- User Interface of the gateway
- Payment options (Credit/Debit Cards, net banking, Mobile Wallets, UPI, etc)
- Aftersale Support
From the growing list of payment gateways in India, we carefully picked payment gateways that provide a variety of services suitable for small businesses, businesses that have an international clientele, hospitality businesses, etc.
We compared top payment gateways in India below in accordance with the above parameters.
- Razorpay
- Instamojo
- CashFree
- PayUbiz & PayUMoney
- EBS
- CCAvenue
- HDFC payment gateway
- Stripe
- PayPal
- OPEN
1. Razorpay
Headquartered in Bengaluru, Razorpay can be dubbed as Stripe of India. We are following the progress of Razorpay for the past few years and theyve been really impressive.
In just a couple of years, Razorpay has launched truly innovative products such as UPI auto pay, Payment links, Subscriptions, Smart Collect (using UPI, BharatQR, ePOS, NEFT, etc) and Payment Pages.
We believe they are the first company in India to launch a subscription product.
At ProfitBooks, we use Razorpay to collect domestic as well as international payments. Weve started using it to create payment pages for offering deals on accounting software. Its super fast and easy.
We also use Stripe for collecting international payments and we feel the same level of confidence while using Razorpay. Its packed with features.
Razorpay also has a very modern-looking interface, giving your businesses a very undated and modern look.
- Setup Fee :Zero
- Annual Maintenance Fee:Zero
- Transaction Fee:From 2% to 3% depending on the payment mode
The best part of using Razorpay is its super simple interface. Its very easy to set up everything. Another great feature is subscriptionsIt lets you accept payments on a monthly, quarterly, or annual basis.
I really liked their email notifications. Razorpay sends emails to our subscribers reminding them about upcoming payments or failed transactions. These emails are customizable.
Razorpay’s checkout page opens in a pop-up and provides a lot of options to pay. I had to once interact with their support and the experience was good no issues with that.
Who Should use Razorpay:
Tech companies doing online business, eCommerce stores, subscription businesses, and content creators.
Top clients of Razorpay:
Spicejet, 1mg, Bookmyshow, Swiggy, Grofers, Zomato, Airtel, Zerodha
2. Instamojo
This one is our favorite. Starting in 2012, Instamojo initially offered a way to collect payments for digital goods. But now thousands of users are using it to collect payments for ebooks, reports, tickets, tutorials, merchandise, invoices, services, and much more.
Instamojo is super easy to set up. They have recently introduced instant onboarding. Now, you dont require any documentation to begin a trial account with Instamojo, simply answer a few questions and get started in minutes.
For a full account, the bank statement and PAN card remain the only requirements. You can create a payment link or button, a page where you can list your products or services or directly request a payment.
Create your free account with Instamojo.
- Setup Fee :Zero
- Annual Maintenance Fee: Zero
- Transaction Fee:2% + Rs.3
We use Instamojo as an alternate payment gateway for ProfitBooks and are extremely happy with it. Support is very responsive and helpful. They keep releasing new features every now and then. With frictionlessa onboarding, low tra,nsaction rate and intuitive user interface, I would strongly recommend Instamojo as the best payment gateway for small businesses.
Who should use Instamojo:
event management businesses, online stores, small businesses, etc.
Top clients of Instamojo:
Snapdeals app Shopo, Online Prasad, UrbanClap, YourStory, Next Big What and others.
3. CashFree
Cash free is a next-generation payment gateway that helps Indian businesses both collect and disburse payments via almost 100 payment methods including Visa, MasterCard, Rupay, UPI, IMPS, NEFT, PayTM & other wallets, Pay Later and various EMI options.
According to them, over 3000+ businesses have processed more than Rs 2500 Crores of payments using Cashfree offerings. Cashfree is backed by Silicon Valley investor Y Combinator and was incubated by Paypal.
They offer really unique features such as:
- Plug-n-Play international payments by connecting Paypal account
- PayTM account linking to offer PayTM was a wallet option
- Payout APIs to send money to any bank account, UPI ID, PayTM wallet instantly
- Collections by NEFT-IMPS
- Marketplace vendor settlement
- Pay Later options like ePayLater, Lazypay, OLA Credit, and Cardless EMI options like Zestmoney and Flexmoney
We have integrated Cashfree with ProfitBooks so that our customers can send invoices with a payment link.
- Setup Fee:Zero
- Annual Maintenance Fee: Zero
- Transaction Fee:From 1.95% to 2.95%, 2.5% for cardless EMI
Our personal experience with CashFree has been really good. Their rates are low and technical support is very responsive. we like the fact that CashFree folks are continuously evolving the product.
who should use Cashfree:
online stores travel companies, ect.
Top clients of CashFree:
Dunzo, Wedmegood, Xiomi, Eventshigh, ClubFactory, HappyEasyGo, Milaap, Ketto
4. PayUbiz & PayUMoney
The payment gateway solution provider, PayU India, rebranded both its products PayU Enterprise and PayUmoney to establish them as clear independent businesses in May 2015.
Now, PayUbiz focuses on enterprises and is used by large enterprises such as Snapdeal whereas PayUmoney is the consumer brand of PayU India and has a wallet solution for consumers and payment acceptance solution for SMB businesses.
PayU India is the flagship company of Naspers group which is a $25 Billion internet and media conglomerate listed on London and Johannesburg stock exchanges respectively. In India, they claim to serve more than 4000 merchants.
- Setup Fee:For PayUBiz, plans start from Rs. 4900 and go up to Rs. 29000. For PayUMoney, it’s Zero.
- Annual Maintenance Fee: For PayUBiz, it’s Rs. 2400. For PayUMoney, it’s Zero.
- Transaction Fee:For PayUBiz, it’s between 2.20% to 3.90% based on the plan. For PayUMoney, it’s 2%.
We evaluated PayUMoney for accepting payments at ProfitBooks and were really happy with the overall experience. Signing up is very easy and you can upload the documents directly on their site for verification.
We specifically liked the option to create Pay with PayUmoney button. It’s easy to create invoices and send payment links to your customers. We also found the support to be responsive.
As wallet service is integrated with the payment gateway, it adds extra value to the overall proposition. We are not using it now but would highly recommend this payment gateway for a startup.
Who should use payUmoney & payUbiz:
Furniture stores, transportation apps, etc.
Top clients of PayUMoney & PayUbiz:
Jabong, BookMyShow, Freecharge, Zomato, Goibibo, Olx, Ola, ShopClues, Pepperfry
PayU
PayUBiz
5. EBS
EBS is owned by France-based Ingenico Group, which is a global leader in payment processing services. You will find mixed reviews for this payment gateway.
Some of the ProfitBooks customers are happily using it since past 4-5 years but some reviews are really very negative. All we can say is that EBS has been around for a while and considered as a reliable payment gateway.
EBS has recently lowered their charges due to competition and can be opted by small and medium sized businesses.
- Setup Fee :From Rs.4799 to Rs. 23999 based on the plan
- Annual Maintenance Fee: 2400
- Transaction Fee:From 1.25% to 3.75% based on the plan
EBS offers multi-currency processing and has significantly lowered the onboarding time for new users. It offers a decent UI and a good amount of payment processing options. However, we feel the features like Auto Pay are a double-edged sword and some merchants may not like it.
Who should use ESB:
Online stores.
Top clients of EBS:
BabyOye, Snapdeal, FirstCry
6. CCAvenue
Launched in the year 2001, CCAvenue is one of the oldest Payment gateways in India. It has recently overhauled the UI of its website and merchant dashboard.
When we were talking with them about integration with our online invoicing software in 2014, they had the slowest onboarding period (15-20 days). Nowadays, they are claiming to complete the activation in 24hrs.
CCAvenue supports almost every bank and payment option, included in (UPI, Indian, and international credit cards) out there. Its reliable and used by high-volume eCommerce websites like Snapdeal. We would strongly recommend this payment gateway to startups if they wave off the annual maintenance charges completely.
Go for CCAvenue if you are looking for a reliable payment gateway in India that is tried and tested.
- Setup Fee :Zero for Startup Pro Plan, Rs. 30,000 for Privilege Plan
- Annual Maintenance Fee: Rs, 1200
- Transaction Fee:From 2% to 4%
One of the major advantages we liked about CCAvenue is that it supports multiple currencies. That means you can accept payments not only in INR but also in USD, EURO, etc. However, when we inquired about the South African currency, ZAR, they informed us that it was unavailable, tho it’s listed on their website.
So, it’s important to talk with their support executives before going for a multi-currency option. If your business provides products or services in multiple countries.
CCAvenue also seems to have support for the largest number of banks and payment options. For example, it supports EMI as a payment option from over 7 banks, 100+ debit cards, 53+ net banking, 4 cash cards, 2 mobile wallets and 40+ bank IMPS.
Who Should use ccAvenue:
online businesses travel companies, and online clothing stores.
Top clients of CCAvenue:
MakeMytrip, ClearTrip, Naukri, AirAsia, Yatra, redBus, Myntra and Snapdeal
7. HDFC payment gateway.
HDFC Bank one of Indias most reputed banks has a payment gateway of its Own. The payment gateways provide a plethora of services and are suitable for Indian markets.
Their plans are customizable for different businesses and have a secure POS (point of sale) setup which you can install in your shops.
HDFC payment gateway is also an efficient gateway for businesses that deal in high volumes of money as their translation rate for high volumes is very low. They also accept 16+ foreign currencies and major credit cards, debit cards, UPI, and other payment modes.
HDFCs POS is also accepting all major debit and credit cards.
- Setup fee- 20,000
- Annual maintenance fee- plan specific
- Transaction fee- 3%- 10% (depending on the plan)
Hdfc payment gateway is very beneficial for Indian businesses who mostly deal in Indian markets, its POS is very efficient and easily available, but they do not have a lot of foreign currency options and have high translation rates too (though the rates depend on your plan).
who should use the HDFC payment gateway:
High-volume businesses, stores that require POS systems, etc.
Top clients:
VSNL, Sify, IRCTC, etc.
8. Stripe
Established in 2017, with its headquarters in San Francisco California. The stripe is a very promising payment gateway. This payment gateway is best suited for businesses that deal in International markets, as Stripe has 135+ foreign currency options.
We at Profitbooks use Stripe Payment Gateways to receive International payments. Stripe makes the process easy.
The stripe payment gateway allows you to add an Autopay option, though it might not work for some businesses, if you are a business that receives consistent payments, Stripe will be a perfect fit for your business.
Setup fee- zero
Annual maintenance fee- zero
Transaction fee- 2%-4.3%
Stripe is a promising and secure payment gateway, best suited for international clients. They accept all major credit cards and debit cards, but not a lot of Indian cards.
Who should use Stripe:
businesses that sell subscriptions, e-commerce websites, etc.
Top clients.
Amazon, Booking.com, aha, Inc42, peloton, shopity, google and UNICEF.
9. PayPal
Paypal is a trusted international payment, which is expanding its operations for Indian business owners.
Paypal has visibility in over 200 countries and regions and accepts 25+ currencies. If you are a business owner, you have goods or services which you provide internationally. PayPal is a suitable payment gateway for it.
Setup fee- zero
Annual maintenance fee- Zero
Translation fee- 4%
Paypal is an excellent payment gateway to increase your international visibility, they don’t have the infrastructure to support regional Indian transactions yet; they are also a little on the expensive side.
Who should use Paypal:
businesses with international clients.
Top clients:
Money matrix, Tillster, Sabre, Insurance Auto Auctions, Autogill groups, United Airlines, etc.
10. OPEN
Open recently became Indias 100th unicorn. Open is an excellent Payment gateway for the Indian market. They provide fast approvals and an easy application process. You will also receive the money within 2 working days.
Money can be received through credit cards, debit cards, net banking, UPI, NEFT/ RIGS/ IMPS, and online transactions.
OPEN also has free subscriptions, for businesses that want to try using a payment gateway for the first time.
Setup fee- zero ( for free subscription), 14,999 ( for paid subscription)
Annual maintenance fee- zero
Transaction fee- 1.95% ( for free subscription), 1.85% ( for paid subscription)
Open is excellent for businesses using a payment gateway for the very first time, it’s easy and very user-friendly. The facilities they provide for the free subscription are very useful. Their only problem with open is the fact they don’t have any options for foreign currencies.
Who should use Open:
businesses that are using payment gateway tools for the first time.
Top clients:
IIfl finance, Temasek,VISA, Google, Tiger Global, Better, SBI investment, Beenext, AngelList, etc.
Top 3 Mobile Wallets in India
In 2015, we saw the rise of payment wallets. Suddenly, a lot of wallet services popped up and started offering huge discounts to acquire new customers. Some of these popular wallets also offer payment gateway services to the merchants. These wallets can be integrated as an add-on along with the above-mentioned payment gateways.
1. PayTM
What started as a mobile & DTH recharge service is now a $4 billion company. You can start accepting payments from PayTM users using their Pay With PayTM service. You can integrate this payment gateway in your website. Unlike other traditional payment gateways, it will allow payments only from PayTM wallet.
This service is used by Uber, Bookmyshow, Dominos Pizza, Food Panda and many big companies.
2. MobiKwik
Similar to PayTM, merchants can accept money using MobiKwik wallet. As on 2015, there are over 25 million users that have MobiKwik account and 650+ merchants who are using its payment gateway service.
Its used by online portals like TicketGoose, YepMe, ShopClues and Snapdeal.
3. Oxigen Wallet
Oxigen Wallet is Indias first RBI approved non-bank wallet to be integrated with NPCI allowing instant money transfer from the Wallet to 60+ banks and vice versa using the Immediate Payment Service (IMPS).
Operating since 2004, Oxigen services already has over 1,30,000 retail touch points with over 40 million monthly transactions. You can use the Oxigen Checkout Services by registering as a merchant partner.
Payment Gateway + Billing Solution
What if the payment gateway is already integrated with your billing or invoicing software and you never have to worry about any setup hassles? This is what ProfitBooks billing software offers.
You can quickly connect your Instamojo or Razorpay account with ProfitBooks. When you send invoices to your customers, theyll see an option to pay using credit/debit cards, net banking, and wallets.
Best part is, when your customers make the payment, the invoice in ProfitBooks is automatically marked as paid and all the respective accounting entires are recorded in the background!
Create a free account on ProfitBooks today and start collecting online payments from your customers.
Final Notes
The whole payment gateway outlook in India is changing rapidly. Apart from traditional payment gateways, we now have options to accept money using mobile wallets. The government is also pushing for digital payments by launching UPI and Bharat QR.
The government of India is on a mission to empower small businesses and startups in India. In the coming years, we will see a rise in new payment gateways.
Making domestic payments and International payments easy and quick. We will also see a rise in different modes of payments like bitcoin and NFTs in the coming years.
As per our experience, you should give importance to a number of payment options provides, ease of integration, and most importantly support while choosing a payment gateway in India. I would also recommend using 2 payment gateways to make sure you never miss a payment from your customer.
I would like to hear your feedback in the comments section below.
Find out how ProfitBooks can help you with your accounting needs!
Create your account for free today.
Also read –
Best payment gateways for WordPress
How to sell online in India
10 Ways to fund your small business
Learn about new payment method – UPI
How to create professional invoices
Want To Systemize Billing? See How ProfitBooks Can Help
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hello,
Am a Banker in Istanbul , Turkey with a confidential business deal proposal and am asking for your partnership in transferring funds to a local bank in your country. This is a deal of over ( 25 million Euros) which was abandoned in my bank by a Turkish citizen. You will be having 50% of the funds if you cooperate with me.
What I require from you is your honest co-operation and I guarantee that this will be executed under a legitimate arrangement that will protect you and I from any breach of the law.
All conformable documents to back up this fund shall be made available to you,as soon as I receive your reply,I shall let you know what is required of you.
Regards.
Viktor Boris
KUVERTURK| PRIVACY POLICY
© 2017 FUIB P.O Box 1000 Istanbul, Turkey.
Head Manager, KUVERTURK
Email: [email protected]
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Hi to Everyone,
This is regarding to India GST,my question is GS defines the country where the goods are coming from can be determined. This will address our concern IF our main vendor is global in nature and its subsidiaries/partners are located in different countries. My question here is can GS address scenario where subsidiaries/partners are located in the same country but different state (which may be prevalent in India)?,
Please explain on the above case.If yes .How is it possbile.
Thanks
Yes @disqus_tB1xp8sMaI:disqus , you can collect payments from Indian users using Stripe.
Great post Harshal! I’m working with a cloud hosting company in the USA that wishes to expand to India. We use Stripe for our payments in the USA. But I’m not sure if I can use Stripe to charge our clients in India. Do you know if this is possible?
hi, this article seems quite informative. i have a school uniform business and planning for an ecommerce portal for the same. please suggest me the best and cheapest payment gateway as its a startup where i cannot afford too many expenses.
Hi Amit.
It will an exaggerated statement if I say that most payment gateways are unsafe. Yes, they could be some vulnerabilities with some of those but I’m sure they have resources to address the issues. To be on a safer side, you can opt for a well established PG like CCAvenue who are around since a long time.
I understand that currently PGs charge above 2%. At ProfitBooks, we’ve integrated a payment gateway that offers the lowest fee in the market. It charges maximum of Rs. 99 per transaction no matter how big the transaction value is.
You can sign up for a free trial and check it out.
Here is a link – https://profitbookshq.com/signup/new?plan=Trial
Sir, I have a travel portal specially for Flight ticket booking. I want to integrate payment gateway for this portal but as you know flight ticketing is business of 1 to 2% but all PG charging above 2% . In this case which PG is suitable for me?? Plz suggest
You can try Instamojo. ProfitBooks has partnered with Instamojo. So, if you signup with ProfiBooks, your application will be approved within 24hrs.
ProfitBooks also comes up with an inbuilt payment gateway – So, you can get started quickly. Call +91 84 85 86 3000 for more details.
We are running website where I’m providing services instead of product so most of payment gateways provided decline my request, I have talked in Atom and PayUmoney.
Do you suggest any other payment gateway provided who can provide payment for services like freelancers?
Thanks
Billdesk was not included because I could not find a way to register with them. I even sent them multiple emails expressing my desire to register as a vendor but got no reply.
Regarding phone number & email – PGs ask for phone number & email only when you send a payment link to your buyer. If the buyer is paying through your website, they don’t need to enter these details (However, you might need to send these details via API).
PGs need these for KYC purpose.
I have 2 queries.
1. I thought billdesk was the biggest payment gateway in India. They seem to have highest number of netbanking and card options. Why it’s not included?
2. Many of these payment gateways ask buyers for phone number and email which is not only redundant but also a deterrent. Do you have view on this?
Thanks.
Thanks for the update. I’ve updated the article accordingly.
Nowadays CCAvenue folks are advertising about instant approval but it still takes a lot time. It won’t be a month though. Instamojo is fairly quick. For ProfitBooks customers, they do it in 24 hours.
Hope this helps.
I heard that the approval for ccavenue integration and onboarding takes about one month – from the date of application – even now? Is that true? I also heard that instamojo does it in 3 days and that CCAvenue takes a really long time to do that. Can you please guide me regarding this?
I am basically asking this for payment gateway for an e-commerce website selling the food products I manufacture.
If you want a payment gateway to collect payment from your clients, go for Instamojo. You can use CCAvenue for your client’s eCommerce sites.
We a group of website designers mainly focused in shopping sites for clothing.. We do it for startups and what would profit books to recommend payment gateway for us. Thanks in advance
Options for sending money to Indian business from other countries are still limited. However, collecting payments within India is definitely easier these days.
Very useful info. Thanks. Would appreciate updates wherever applicable, like the one mentioned below, for CitrusPay. Looks like it’s time to say good bye to Paypal and expensive wire transfers for Indian business community.
Thanks for the response. Instamojo seems awesome for digital sells. The main problem i am facing is invoicing. digital sells in India are taxable? How much tax applicable for digital items like mp3s and videos? I searched a lot but did not find any answer yet. Expecting a answer in this thread.
Hi Ashok, I would recommend Instamojo for collecting digital payments. Best part is, you can integrate it with accounting software like ProfitBooks and reconcile your transactions.
Use this link for signing up with Instamojo and get Rs.500 credit – https://imjo.in/NN6rx
If you need more info about integration, check this link – https://harshalpbwp.wpcomstaging.com/instamojo-integration/
All the best.
@HarshalKatre:disqus
Thanks for the nice post. I want to sell digital mp3s, videos. Can i use CC Avenue?
Comprehensive and really nice piece. Appreciate the efforts put in this article. Btw @HarshalKatre:disquscan you update the info about CitrusPay; we’ve reduced the AMC to 1200/- Thanks!
Thanks @sridharpai:disqus . Glad you liked the article. I’m really waiting for Paypal and Stripe to start operations in India as after-sales support is really an issue with most Indian gateways.
very useful Harshal – you cut down the research time I would otherwise have taken ! Crisp and short, appreciate this article and your inputs! thanks indeed
Glad I could help. Between, also check out our accounting app – ProfitBooks.net. We’ve already integrated Instamojo with it. So, you can send payment links along with your invoices using ProfitBooks.
Very good harshal, currently i’m looking a payment gateway which is good for my site to accept payments from clients and i think my search end here. thank you.
@nikhilgolatkar:disqus, Thanks for the suggestion. Will try to keep this article upto date.
@pradipkadam:disqus, Glad to know that you liked the article. Feels great to connect with you again through this medium.
Good one Harshal, I was looking to help my friend on the payment gateway and came across your blog. Really crisp and helpful.
Thanks Harshal,
The Information was very informative and up to mark , Also keep us updated about latest payment gateways too.. It will also be better if you show a compare table with different payment gateways related to plus minus for each.
Thanks via phoneblogcrazy.com
Hi Anuam.
Glad you liked the article. We tried to integrate PayTM for ProfitBooks but for some strange reasons, they kept rejecting our application. I really wanted to try their wallet service.
Anyway, thanks for your feedback.
Very informative article Harshal. Thanks for putting this together. I used to be a freelance developer and I have integrated most of the Payment Gateway and Wallet solutions mentioned above for my client’s apps and websites. One of the PSPs I’ve really come to like over time is Paytm. Their developer support is awesome and their payment solutions are fairly easy to integrate. What I like is that they have built their systems for scale and their success rates are easily 7-10% higher than other players. They use their own payment solutions for their marketplace & recharges as well which I think is key to their backend being really solid.
Hi Anjalee,
You can use multiple gateways provided you have built the back-end logic to route transactions. Alternately, you could use Citrus Pay, India’s leading payment gateway aggregator that lets you do multi-routing and set priorities for gateways from the merchant panel.
You
can also set transaction re-try rules whereby your customers can
re-attempt a transaction with the same or different payment method in
case of transaction failure.
This helps to considerably improve the success rates of transactions and reduce cart abandonment or abandoned transactions. You get all this at a simple and fair pricing.
Thanks Harshal for the quick reply …
Hi Anjalee. Glad to know that you liked the post.
Having 2 different gateways may not be as expensive as you think. Currently, most of the gateways have waived off installation, setups and annual maintenance fee – all you need to pay is your transaction commission.
At ProfitBooks, we have integrated one payment gateway and keep another one handy to send manual payment requests in case first one is not working.
Hope that helps.
Great work Sir. No need to go anywhere for any information on payment gateway. The complete information is here. As you have mentioned that use 2 payment gateway service to never miss a single payment. But this could be costly for start up businesses. Can you have any alternative for the same ???