We are living in a digital era where jobs and businesses are no more confined to our own country. Small and large businesses have risen above the border restrictions. They are spreading their wings globally. Therefore, Payoneer has entered the picture. It’s a hassle-free payment platform that allows users to send and receive money worldwide. It’s handy and serves you wherever you live.
Is it worth it? Let’s find out how it serves you and where it’s lacking in performance so you can make a final decision.
Payoneer has provided a super solution that we didn’t even know we needed. Its network is spread across many industries including Upwork, Airbnb, Wish, Getty Images, and Fiverr. It seems well-equipped to successfully bridge the gap between various countries. Now freelancers have another option to receive money from foreign employers.
Once registered, he/she can enjoy automatic money transfers to their local bank account within 24 hours. Requesting payment from international clients has never been easier. Although PayPal, the top competitor of Payoneer, is still leading the race. Top reasons include price difference. Payoneer is working its way into the market well enough considering it’s still young in the business.
Let’s see how it works.
Operation is easy. Here’s a step by step guide for you:
Payoneer Sing-in Page
Sign in to your Payoneer account
Click on ‘request a payment’
Select the payer from your list of contacts
Enter your personal (name, email) and payment details (currency, amount)
Quickly attach all the payment documents and work samples
Preview if you want.
And DONE.
A link will be sent to the client on your behalf. When they click on the “Pay Now” link, they’ll be redirected instantly to their Payoneer platform and can send you the money.
The most difficult task for Payoneer is obviously outdoing PayPal, which has been in the market for much longer time. It all comes down to the user experience though. If the app satisfies the users, more downloads will follow.
Payoneer Customers
Top Features of Payoneer
1. Easy onboarding: You can set up a Payoneer account direct from the website and it’s free. Since credit card is unacceptable, there’s no underwriting process.
2. Local Currency account: Changing currencies is a tricky task but Payoneer lets you wash your hands off it. You’ll just receive money in your local currency.
3. Marketplace Network: Its network has spread to almost all popular marketplaces and it’s constantly growing. So, you can always use the same app no matter which industry you work in.
Payoneer – Pros
Hassle-free money transfer
Extremely beneficial for freelancers and contract workers. The freelance market is growing and global transactions are necessary. You’ll need this so you can focus on your work only and not the payment hassle.
You can increase your reach to the international market without worrying about the currency exchange.
Payoneer – Cons
The cost of exchanging is higher as compared to some top competitors.
Payoneer is an online money transferring app that lets you send and receive money from foreign clients and automatically converts currency to your local one when a transaction is made.
Does Payoneer work in India?
Yes, Payoneer was banned by RBI earlier but is now functional again in India.
Is it free to register on Payoneer?
Yes, Registration is free on Payoneer.
Final Words
Freelancers and contract workers will dominate many service industries in a few years. Sign up today and open doors to the international market. Become a part of this top payment app that allows super-fast money transfer at a low cost.
E-commerce is growing daily and the world is getting smaller. You can do global branding just by sitting in India. You can dream of having a global presence using e-commerce. But this dream is only possible with a secure international payment gateway. In this article, you will be knowing the top 10 international payment gateway for Indian merchants.
What Is The Need For The International Payment Gateways
Indian merchants and their customer relationships have reached several countries in the world. The need for the international payment gateway for:
We are living in a multi-country and multi-currency world
An international payment gateway helps merchants to provide international customers to pay in the currency.
There are chances of an increase in customer conversion. When a prospective customer finds a product in the currency.
Users will get benchmark prices for their known currency.
Well known International payment gateways
Brand awareness is possible for the well known international payment gateways. Such as Paypal and stripe can get awareness using unknown Indian merchants.
Security of transaction
Payment gateways have also the responsibility for processing money, client verification, and tax calculation. Also the independent and integrated modules.
Payment gateways need to adjust according to PCI compliance standards. There also needs to set maximum security to save from fraud.
Help in saving money
Payment gateways decrease the total cost of ownership.
It is the nature of payment gateways to simplify and accelerate transactions.
Top 10 International Payment Gateway
You might be thinking about which international payment gateway to use for your website? Then I gave here a list of top 10 international payment gateways.
Top10 International Payment Gateways
1. PayPal
PayPal is one of the top international payment gateways in India. It an online financial service that helps you to pay using a secure internet account. You just need to add a bank account and credit card details. Whenever you are using PayPal, you can choose options for accounts to pay with.
Features Of PayPal:
Accept payments online.
You can bill later.
Barcode scanning is provided.
Credit card reader.
Inventory checkout.
Express checkout.
Online invoicing.
Mobile card reader.
Shopping cart.
Virtual terminal.
Pricing Of PayPal:
| Plans | Pricing |
|— |— |— |—
| Free trial | Available |
| Sell on website using invoice or email payments | 4.4% + $0.30 USD |
| Selling on eBay | 3.9% + $0.30 USD |
| International conversion fee | May apply |
| Discount rate for merchants | Contact vendors |
PayUbiz is the best international payment gateway in India. It is the best online payment gateway management software. This is used by many E-commerce companies for a streamlined collection of payments. PayUbiz also ensures safe and secure transactions.
It integrates various payment methods such as credit cards, mobile wallets, net banking, debit cards, and UPI. it has also multi-currency support. Option switching is also available for problems like payment failure. Also, you get a smart auto-retry feature.
Features Of PayUbiz:
Mobile centric functioning.
Multiple payments.
Excellent user experience.
Efficient integration.
Great conversion rates.
Reports and analytics.
Pricing Of PayUbiz:
| Plans | Pricing |
|— |— |— |—
| Setup plan | Rs. 4900/- |
| Silver plan | Rs. 9900/- |
| Gold plan | Rs. 14900/- |
| Platinum plan | Rs. 19900/- |
This is a cloud payment platform to provide and manage online transactions. It has end to end solutions to make ideal for e-commerce or web-based businesses. This streamlines money movement and prevents frauds, revenue management, and drive global business growth.
It covers accepting, processing, settling, and managing payments. Also, this makes it possible to work for any business model. This is easy to use due to the simplified infrastructure with UI components and an API for customization.
Features Of Stripe:
UI toolkit.
Checkout system.
Clean canvas.
Invoice.
Open-source plugin.
Payment choices.
Mobile interface.
Authorization.
Dispute handling.
Financial reporting.
Payout timing.
Collaboration notes.
Pricing Of Stripe:
Stripe does not offer setup or monthly fees.
| Plans | Pricing |
|— |— |— |—
| Free trial | Not Available |
| Quote based plan | Contact vendor |
| Successful charge for credit and debit cards | 2.9% + 30 Cents |
| other payment methods | refer to vendor’s pricing list |
| Enterprise package | Contact the vendor
|Disputed payments | $15 |
Authorize.Net is one of the oldest and popular payment gateways for e-commerce. This company has provided services to over 400,000 merchants. While we go more into details let’s clear a common misperception. Authorize.Net payment gateway does not provide merchant account. This offers products and services that integrate with it.
Features Of Payment gateways
If you do not have merchant accounts, it can set you up with merchant accounts. The third-party processor provides that account.
2checkout is another best payment gateway for international transactions in India. It allows organisations to accept online payments from buyers. also offers localized payment options and host capabilities. This benefits customers and merchants both. This platform has a variety of transactions using multiple payment methods. Its services are trustworthy said by more than 50,000 merchants worldwide.
This maximizes conversions by adapting aspects of the industry. Such as languages, payment methods, and currencies.
Features Of 2checkout:
Multiple payment methods.
Supports up to 15 languages.
Supports 87 currencies.
Level 1 PCI data security standard.
Integration with more than 100 online shopping carts.
Checkout: standard and inline.
Recurring billing.
Create subscription plans.
Account updater.
Pricing Of 2checkout:
| Plans | Pricing |
|— |— |— |— |— |
| Free trial | Yes | |
| Quota Based plan | Contact vendor |
| 2sell |3.5% + 3oCents per successful sale |
| 2subscribe| 4.5% + 40Cents per successful sale |
| 2monetize| 6.0% + 50Cents per successful sale|
Allied Wallet is one of the trusted payment gateways for high-risk international transactions. It provides a NextGen Dashboard for the transaction of data at one click. This is available in 196 countries currently. It also keeps track of your sale. This is a user-friendly platform using a convenient user interface. Also, it provides merchant service and processes credit cards globally.
Features Of Allied Wallet:
One-click payment.
Chargeback prevention.
Recurring billing.
Fraud prevention measures.
Affiliation management.
Hassle-free integration.
PCI Compliance.
ACH Solutions.
Pricing Of Allied Wallet:
Allied Wallet’s pricing is not mentioned on its website. This does not mean that the company allows merchants to accept payments at low rates. Fees depend on individuals and are itemized in your contract.
Fee includes:
Monthly maintenance fee
Refund fee
Transaction fee
Retrieval fee
Chargeback fee
Wire fee
Holdback reserve(rolls 1-6 months)
7. ANZ
ANZ provides plans such as a startup plan or business plan or community select packages. All these plans depend on the business size and requirements. This includes merchant account service also. If you are new then you will get a fee waiver for 12 months. This contains unlimited transactions. They give you fair deals for other packages.
International Payment Gateway in India
Feature Of ANZ:
Web and mobile payment.
The business select plan charges a monthly fee of $32 + GST.
Customized deals are offered for non-profits.
Insurance specific.
Prevention of foreign exchange risk.
Import, export, and management of foreign exchange.
Pricing Of ANZ:
| Plans | Pricing |
|— |— |— |— |— |
| Monthly account service fee | No | |
| Transaction and Visa debit access| $5 monthly fee |
*this can be waived after depositing at least $2,000 a month or meeting other eligibility criteria.
8. SecurionPay
SecurionPay is a secure online payment system. This supports Windows, Linux, Mac, Android, and iOS. SecurionPay is a strong option for businesses that require online payments and paid subscriptions.
SecurionPaygateway offers fast and limitless integration. Checkout failure provides immediate transaction processing. This tool allows trial and pricing plans to have flexible tiers and periods. Subscription can be helpful for better usability and conversion.
Features Of SecurionPay:
Billing models.
Custom form.
Payouts to customers.
Supported countries and businesses.
Subscription plan manager.
Trials and discounts.
Usage-based subscriptions.
Anti-fraud tools.
Blacklisting.
One-click payment.
European market fit.
Increased conversion rate.
Pricing Of SecurionPay:
| Plans | Pricing |
|— |— |— |— |— |
| Free trials | Available | |
| Regular merchants | 2.95% + 0.25 Euro per successful transaction |
| High risk merchants | 4.9% + 0.35 Euro per traansaction |
| Rated match | % based |
| Enterprise| Depends on the type of transaction |
*SecurionPay works only with companies incorporated in Europe.
CCAvenue is an international payment gateway in India. It is a payment gateway used for money collection online and one of the best payment gateway in India for international transactions.It helps a broad range of businesses. That is incorporating from freelancers to eCommerce companies into daily operations. This tool ensures security measures for a safe and secure payment system.
CCAvenue allows customizing the tool according to personal requirements. You will get to change the color of the panel, real-time preview, and adding a logo. It supports more than 200 different payment options. This includes credit cards, debit cards, bank EMI systems, net banking, and prepaid instruments. It also supports Amex EzeClick and UPI payments as well.
Features Of CCAvenue:
Multi-language support.
Multi-currency.
Easy to use.
Retry option.
Start dynamic routing.
Card storage vault.
Shopping cart.
Marketing tools.
Invoice payments.
Analytics.
Live to monitor.
Pricing Of CCAvenue:
| Plans | Pricing |
|— |— |— |— |— |
| Initial setup fees | Zero | |
| Annual maintenance charges | Zero |
| Minimum annual business requirement | Zero |
EBS payment gateway allows e-commerce stores to collect payment from customers. This gateway offers e-commerce stores to collect payment from various banks and many other payment processors. This is all on a single platform with very little need for technical integration.
This is the most secure online service provider in the world. The languages available in this are English, Hindi, Bengali, Gujarati, Tamil, Telugu, and Marathi.
Features Of EBS:
Multiple payments.
Analytics.
Electronic check processing.
Secured server.
Simplified integration.
Transaction alerts.
Multicurrency.
Card storage vault.
Invoice payments.
Live to monitor.
Pricing Of EBS:
| Plans | Pricing |
|— |— |— |— |— |
| Initial setup fees | Zero as a special promotion instead of Rs 9599 usually charged | |
| Annual maintenance charges | Rs. 2400 |
| Minimum annual business requirement | Zero |
Summary
This is the international payment gateway list in India. It always better to see the whole payment gateway list. And after that make a decision about it that suits better for your business. Startuptalky offers quick and easy info for all payment gateways needed for any eCommerce business.
We hope that any of the above-mentioned payment gateways fit as per your requirement. And you achieve your global business expansion using this.
An international payment gateway allows international customers to make payments in their currency. The payment gateway offers maximum security to prevent any fraud happening during transactions. Payment gateways accelerate and uncomplicate international payment and transaction.
Is PayU a payment gateway?
PayU is a payment gateway in India for international payments that extends WooCommerce, allowing you to take payments via PayU. PayU cooperates with Visa and Mastercard Credit Cards and Debit cards. This means that you easily can take credit card payments as well as direct payments via any of the associated banks.
Why is there a payment gateway fee?
This fee amount is charged by the payment gateway provider for every transaction your e-commerce processes. These fee amounts are split between the credit/debit card provider, the online gateway provider, and your merchant account provider. With most payment gateways the cost decreases when your sales grow.
Ansh Mehrey
