online Payment gateway integration- easy 5 minutes setups

The payment gateway integrations is in charge of encrypting your customers’

credit card or debit card information

and securely transmitting it to the payment processor. Your online platform will need online payment gateway

integrations and a payment processor if you want to accept credit and debit card payments online.

The initial process of the online payment gateway integration:

You must work with a payment processor if you want to accept credit and debit card payments from your

customers online through PC or over the phone. Now, through this article, we will help you as the

customer to get the best way to set up online payment gateway integrations in 5 minutes.  It is easy and it is

smooth and you do not need to put up with an unnecessary hackle.

Nevertheless, through your merchant account provider, you can frequently set up a payment gateway in

collaboration with your preferred credit card processing company. However, the payment gateway can

also be set up with a debit card processing company too. Online Payment Gateway integrations is a very

way to make payments online which can have some significant advantages in terms of compatibility and

cost-effectiveness.

Reduce the use of paper and cutting of trees:

The Environmentalists are already screaming at the top of their voices saying to go green. So, online

payment gateway integrations is a step towards lessening the use of cash and increasing the use of online

money transfers. The significance of saving paper and saving trees is applied to this factor too.

The internal procedure of online payment gateway integration:

online Payment gateway integration connect payment processors or a debit card service and merchant account providers

and also allow merchants to accept credit card payments as a service that provides payment processors.

Debit and credit card payments have become very popular due to their smooth swiping at the store along

with their usage of buying anything through online platforms.

These two payment services enable merchants to accept credit card and debit card payments directly

from their mobile devices. It also gives way for allowing iPhones, iPads, and Android smartphones to

function as mobile point of sale (POS) payment systems. It is a massive innovation in the world of

payment and the reduction in the usage of cash.

Choosing your online payment gateway integration

Through the web world, you can easily find an ocean of websites and through your phone, you can come

across millions of apps as a potential payment gateway. Although there are various that are found online,

all of them aren’t always going to be safe for online payment. Be very careful where you put your hands!

Beware of the Scammers

In a payment gateway system, you will have to record your important card details. So, there can be some

websites that turn out to be scams. In the case of a debit card, details have to be taken from you directly.

But, in the case of credit cards, the details can be easily leaked through scammers. Thus, they can

withdraw money without your consent.

Always cross-check the website:

However, you must choose a secure payment gateway that won’t use your card or bank account details to

scam you. There are certain verified and authentic websites available, go for them. Always cross-check

the websites through online reviews available about it. So, make sure to go through the online sites

before entering your card details.

Always research the mode:

Regarding online payment, the mode of your research before choosing a particular payment gateway.

You can do that by either asking relatives or friends which online payment gateway integration has

worked well for them. You could also ask your CA or a person who understands finances.

After researching well on the topic of the safe and sustainable, payment gateway option for you,

start using the website or app.

How to set up a online payment gateway integration ?

You need to get down with the process one by one. After you have decided on a payment gateway, you

will need to choose a bank account to use for online payments. If you have multiple bank accounts then

go for one which has an international debit card or credit payment system. For example, VISA cards and

MasterCard are the international ones that are preferable and go on better with payment gateways.

When you plan to set up the payment gateway, keep the debit or credit card associated with that account

handy. Keep the phone number associated with that account handy as well, if it is not the same phone

you intend to use for the payment gateway. 

Have you checked your phone?

Before you begin the process of configuring the payment gateway integrations

on your phone, always ensure that the

operating system on your Android is virus-free. You can download an antivirus from Google Play. Even

when you are working on your PC, make sure you buy an authentic antivirus to protect your web system.

If your phone is getting hacked right now, your sensitive information may become visible to the hacker.

Sometimes scammers take the card details to hack into your system or phone and get all the crucial

information. In that case, you can always notify your bank account. It is still preferable to be aware of any

such occurrences on your phone. Let’s get started with the payment gateway.

Step 1

Download the payment gateway app you plan on using:

There are two types of versions available for the payment gateway in any authentic and reputed platform.

You can either download the mobile version of the payment gateway, or the web version. For launching

the mobile version on your phone all you need to do is.

• Go to the Google play store or wherever the app that you want exists.
• If the app is recommended to you through the site then it becomes easy.
• However, if you know the correct name of the app then search for the app on the search bar.
• When you find your app, launch it and install it on your phone, and give it all the permissions you need to work over certain apps.
• Of course, the presence of antivirus will help scan the application before you start using it in your system.
• When you plan on using the web version for your payment gateway, the same procedure has to be followed for the desktop version.
• Go to the official site of the payment gateway by searching the name from the search engine.
• Click on the login or sign up, and do all the formalities that need to be done.
• Then the rest of the steps are the same as the app version on the phone.

Step 2

Set up your account for online payment gateway integration

• Following the launch of your payment gateway app or web version, you should begin the process of creating an account.
• You can create an account by providing your email address, name, and phone number.
• Of course, you need to make sure you put on the correct details and save them accordingly.
• It is often preferable to use the same email address and phone number that you have access to on the phone. This will help you to access any information sent to you through emails and text messages.
• Sometimes, they even prefer whatsapp numbers for sending you messages on promotion and marketing. Although that is optional, it does help you to get acquainted with the recent notifications.
• This way, you can get to the otp quickly. After entering your information, you will be prompted to enter the OTP you received.

Make sure to note all this information down somewhere, for future reference. This information could help

you in the future. You can save the information on your phone or your personal computer.

Step 3

Enter your card details

Now that you have a online payment gateway account, you can use the app or web version, whichever you find handy. Now, it’s time to connect your credit or debit card to the payment gateway.

• Firstly, make sure you put the correct card number, expiry date, and CVV number. Any nominal mistake and you might get confused as to why the payment gateway is not taking the credit or debit card details.
• Sometimes, the online platform saves the details but, later on, you might fail to make any payment when you try to add a CVV number and place the required OTP from your verified phone number.
• You will need to keep your debit card and chequebook close at hand. They may request your account number, ifsc code, and name.
• Save the card details for future payments. If the online platform is authentic then, they will hide your card number, and every time you try to pay, all you have to do is add the CVV number and add the OTP, which is sent to your verified phone number.
•  Of course, if you activate the auto-mandate, then you might not need to make the payments every month, rather they will automatically deduct the amount and let you know the details.
• Make sure you are not in a public place when entering such information. Using a cyber cafe while entering the details or somebody else’s phone number to enter the details will not be worth enough.
• Being in a public place may jeopardize such details. You might put your card details at risk. Always use your personal computer and phone to get all of these procedures done.
• Every time you will carry on with any form of payment you will be prompted to enter an otp after you enter your information and put on the CVV number which you will receive on your phone.
• Now the phone number should be associated with the account you entered.
• After entering your OTP on your payment gateway wall, you will be able to make any form of payment with your card.

Step 4 

Create UPI pin

UPI pin is a number code that you must enter before making any payment through a payment gateway. It’s a great way to protect your payments and ensure that they are being transferred safely. 

• The UPI id option is available in most payment gateway apps and web versions.
• You must first select the account for which you want to create the UPI id.
• Enter your bank account information. Then, create the UPI id.
• You will receive a confirmation from the payment gateway side letting you know that your UPI id is set. Then you will be suggested to create a PIN for the transactions.
• Make the PIN something that you are confident that you will remember at every future transaction.
• Entering an incorrect UPI id PIN can result in closing your payment gateway temporarily.

UPI is an abbreviation for Unified Payment Interface. Nevertheless, UPI can be used not just on one online payment gateway integration, but on all payment gateways for a specific bank account.

Step 5

Secure your online payment gateway integration

You need to set up KYC, to secure your payment gateway with your online platform. It can help you ensure the security of your money even more. Moreover, setting up KYC also allows you to make larger transactions because the banks now have complete information about you.

• You can activate KYC by going to the KYC section of your payment gateway app or web version.
• They will then ask you to enter your Aadhaar details. You will get the notification of being verified.
• Then, verify any additional details that need to be verified, such as PAN card and birth details.
• Typically, online KYC only includes this, but they may also require your biometrics.
• As a result, you may need to schedule an appointment with a KYC staff member to ensure KYC.

After that, your online payment gateway will be successfully installed. Now the online platform will have more faith in you than it did when you only had a payment gateway account.

Protection and Security:

Engaging in illegal activities such as money laundering is a criminal activity. KYC is used to keep track of who is using payment gateways to ensure that they are not acting illegally.

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How does a free payment gateway in India Work?

A free payment gateway in India is a service that authorizes and processes debit/credit card or PayPal

payments for both online merchants and traditional brick-and-mortar businesses. Hosted payment

gateways enable online merchants to process credit cards in an efficient and secure manner. Payment

gateways encrypt customer credit card information and provide a safe and secure method of processing

online transactions. Payment gateways are systems that securely transmit digital credit card information

to the merchant, allowing them to verify and authorize the transaction.

A payment gateway facilitates a payment transaction by transmitting data between a payment portal

(such as a website, mobile phone, or interactive voice response service) and an external processor or

acquiring bank. Payment gateways allow communication to take place between your website or physical

store, the payment processor, and the bank that issued the credit card used to make the purchase (or

PayPal if the PayPal payment method is being used).

Before selecting a free payment gateway in India for your payments and transactions, it is important to do

extensive research on payment gateways. Go online and look for payment gateway reviews. Look for

people who have previously used the relevant online payment gateway. Requesting such reviews may

expose you to the reality of the payment gateway. It will be easier for you to determine whether or not it

is a scam, but first

Regularly monitor your account activity with a free payment gateway in India

One of the most important steps in ensuring the security of your online transactions is to regularly

monitor your account activity. This involves checking your account statements and transaction history on

a frequent basis, preferably at least once a week. By doing so, you can ensure that all transactions are

legitimate and authorized by you. This also enables you to detect any fraudulent activity and take

appropriate action to safeguard your account. It’s crucial to be vigilant, as cybercriminals are constantly

devising new ways to exploit weaknesses in online security systems.

Adding to that, many financial institutions and payment gateways now offer real-time alerts and

notifications to their customers. You can set up these alerts to receive notifications of any unusual activity

on your account, such as a large transaction or a change in account details. This can help you to quickly

detect any unauthorized activity and take necessary steps to mitigate any potential harm. Overall, staying

aware of your account activity is a key factor in keeping your financial information secure and protecting

yourself against online fraud.

Use UPI

UPI is an abbreviation for Unified Payment Interface. It was designed to make payments and transactions

simple and quick, making it popular especially in the cities. Using a UPI password for your payments can

help ensure the security of your payments and transactions. By using UPI, you can avoid having to share

sensitive bank or personal information for transactions. Simply enter your UPI password to ensure a

secure payment.

You do not need to share or collect your account number, CVV, or IFSC code when using UPI. UPI can also

be used to receive funds by simply sharing your UPI id. As a result, you do not need to share any banking

information with your customers. You can also easily transfer money from your own account to another

bank account using UPI.

It is very simple to generate a UPI Id; you can do so using any third-party gateway app. To begin, you

must create an account in the app and then link your credit or debit card to it. Following that, you must

enter the phone number associated with the bank account. On the app, look for the option to create a

UPI id and create it in a matter of minutes.

 Encrypt Your Data

To encrypt data for secure payment, the protocols Secure Sockets Layer (SSL) and Transport Layer Security

(TLS) are used. They function by assisting customers and merchants in authenticating each other. After

the customer and merchant have been identified and authenticated, their communication is encrypted.

SSL and TSL are in charge of encrypting data. This encryption ensures that the payment goes through

smoothly and securely. Neither party openly shares any sensitive information. It is very easy to use SSL

and TSL. You can use them by enabling them on your Microsoft Internet Explorer or your phone. You can

download an SSL certificate on your phone that will allow you to encrypt your data while using various

apps and websites.

However, it is important to note that SSL and TLS are not foolproof and can still be vulnerable to attacks

such as man-in-the-middle attacks. Therefore, it is important always to use a strong, unique password

and keep your devices and software up to date with the latest security patches and updates.

Additionally, it is also recommended to use two-factor authentication (2FA) whenever possible, this will

add an extra layer of security by requiring a second form of authentication, such as a code sent to your

phone, in addition to your password.

Summarizing, encrypting your data using SSL and TLS is an important step in securing your online

transactions and communications. However, it is not the only measure you should take to protect your

sensitive information. Always use strong passwords, keep your devices and software up-to-date, and

consider using 2FA whenever possible.

Online Payment Gateways: How to Ensure Safe Online Payments

Online payment gateways have made it possible to process half of our daily transactions online. From

buying movie tickets to purchasing a bag of chips, online payments have become the most convenient

way to pay for our daily needs. Cash payments, on the other hand, are becoming less and less appealing

due to the inconvenience of looking for a change and avoiding damaged bills.

However, while online payments may be convenient, they also come with risks. When using an online

payment gateway, you provide your bank information to the payment gateway, which can easily be

misused. In this article, we will delve into the mechanics of online payment gateways and how to ensure

safe online payment.

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Best payment gateways for India-ultimate guide (06/2023 Update)

Online payment gateway for India are a service that securely sends credit or debit card information or bank account information to a payment processor from a payment portal, such as a website.

Reliable payment transactions with Best payment gateways for India:

These types of payment are reliable both on the merchant’s and the customer’s side. It acts as a mediator between the merchant’s online platform and the customer’s bank account to authorize and process the complete yet secured payment transaction.

The primary function of best payment gateways for India:

Best Payment gateways for India perform the primary function of facilitating online credit card and debit card transaction processing and offer a range of security and fraud prevention features. It is a long chain of authentic payment transactions that is taking place between the merchants and the customers.

Enhancing B2C interaction in business:

The online platform is usually an e-commerce platform where the clients get to interact with the customers. The kind of B2C interaction is smoothened enough with an online best payment gateway for India system. In recent years, the payment gateway has taken the first seat for its cashless transaction facilities.

How do Best payment gateways for India work?

The payment gateway mechanism is heavily reliant on three processes:-

• Request,
• Encryption,
• and Fulfillment

Request:

When a merchant provides or promises to provide a service or product, they can request that the customer may pay using the merchant’s payment gateway. The merchant can make sure that the customers choose a Best payment gateway for India by offering them various coupons or offers and even discounts on the selling price.

Encryption:

The customer is then expected to make the payment via the payment gateway system. That’s when the payment gateway kicks in, encrypting the customer’s personal information. The data is encrypted to protect the customers’ information that was sent to the merchant. They make sure the encrypted data is only between the merchant and the customer and no third party is involved in it.

Fulfillment:

There is an initial process for the payment to take place. Usually, an authorization request is generated before any transaction can take place. Nevertheless, the bank must approve this authorization request.

Completion of transaction:

After the payment authorization request has been approved, the transaction is completed. Following that, the merchant receives payment. It is a completely safe procedure where the whole chain is authentic and secure.

Going cashless for secure transactions:

As you can see, this process is extremely safe and secure, the online platforms always initiate payment through online mode. Going cashless is the new procedure to make India green. Best Payment gateways for India have become very secure platforms for cashless transactions, with UPI id and verified KYC being important for such transactions.

Types of Best payment gateways for India

There are two types of payment gateways, based on who approves the payment.

1.         Third-Party Payment Gateway

2.         and Bank Payment Gateway

Let’s understand how both of them work according to the choice of the customers.

Third-Party best Payment Gateways for India

Third-party Best payment gateways for India are now one of the most popular payment methods. Nevertheless, the majority of these are from Google Pay and government-approved authenticated payment platforms. These third-party payment gateways are widely used around India and have a large loyal customer base.

Major acceptance around everywhere:

These third-party Best payment gateways for India are now accepted in the majority of stores, roadside stalls, and other locations where online payments are required and cash is difficult to handle. Time and again special offers have always come in handy to increase their popularity. These payment gateways may also offer large discounts and gift coupons.

The excellent service the third party provides:

As a result, many merchants find this to be an excellent method of receiving payment. The authenticity of third-party payment methods like Google Pay and Phone Pay is rather high.

Merchants are on the safe side:

Third-party apps are considered safe and trustable. This is also because customers have a higher level of confidence in third-party gateways. Furthermore, if a glitch or mishap occurs during those transactions, the merchant will not be held liable.

Customers find it easy and accessible:

Moreover, the customers find the third-party gateways reliable, as they feel the third-party best payment gateway for India won’t scam them. Third-party apps like Paytm, Google Pay, and PhonePay are extremely discrete in the transfer of money. Any form of glitch and the money will not be transferred to the merchant’s account.

The encrypted chain of transfer is secure:

Third-party gateways collect information about both customers and merchants. Everyone who wishes to conduct a transaction through a third-party gateway must have an account with the gateway. The third-party gateway is available as an application. It also has a web version.

Connecting with the bank account:

However,  while making the account one must include the person’s bank account information. The third-party app connects with the bank account of the individual for any type of future transaction. Third-party gateways assign a unique id to each customer. They can send and receive money using this method.

Versatile way of money transaction:

Third-party best payment gateway for India are also popular due to their versatility, as they allow customers to send money directly to banks. Also, the lack of an early termination fee, customer support fee, statement fee,  IRS fee, batch fee, annual fee, contract fee, and cancellation fee makes it a popular choice.

Bank payment gateway

Banks also provide online banking gateways in India for their customers. A lot of people may trust these payment gateways over third-party gateways. This may be the case because third-party gateways are owned by private companies. Whereas bank payment gateways are owned by the banks, where they already have an account. The payment gateway securely encrypts them for transmission to the financial institution for further processing.

Higher security is provided:

However, the security is much higher with the bank payment gateways in India. However, the bank payment gateways are not very customer friendly. You cannot use them as flexibly as you can use third-party gateways. The payment gateway also facilitates the transfer of funds from the customer’s account to the merchant’s account. It acts as an intermediary between the merchant’s website and the financial institutions that process the payment transactions, such as banks, debit, or credit card companies. The financial institution then validates the payment details and either approves or declines the transaction.

Mobile banking application is required:

For example, you cannot go to a shop and scan the QR code for UPI transactions and use your bank payment gateway. Usually, that is only possible with third-party gateway applications. This third-party gateway is more popular. Moreover, for a bank payment gateway, the individual has to download the mobile banking application from Google Play or any other store where the app exists.

Best Payment gateway for India and e-commerce

Payment gateways are typically used in e-commerce, but due to the ease of transitioning from cash to virtual currency and online wallets, a growing number of brick-and-mortar stores have adopted them. The QR Code scanning procedure is so simple that even a small amount can be easily paid. The payment gateway also facilitates the transfer of funds from the customer’s account to the merchant’s account.

The varied payment gateways:

As a result, even roadside fruit stalls have also adopted virtual wallets for the safety of the payment system. Every form of transaction is possible with payment gateways. The e-commerce sites allow UPI transactions, debit and credit card transactions, and even wallets which are helpful for any amount to be transferred. End-to-end encryption gives customers a sense of reliability on e-commerce sites.

Protection from fraudery:

Payment gateways facilitate online credit card and debit card transaction processing and provide a variety of security and fraud prevention features to protect you and your customers. Redirect gateways are useful for small to medium-sized online business owners who can benefit from the security and simplicity of a major online payment platform such as PayPal.

Privacy is maintained:

These online payment platforms are internationally accepted and transactions are happening all around the world hassle-free. As a result, it becomes easy for clients, customers, and online platforms to trust these payment gateways. The transaction details are kept private both at the client’s and the customers’ sides.

Secured Payment processing services:

Payment gateways provide secured payment processing services to e-commerce vendors, auction sites, and other commercial organizations around the world, and accept credit cards including Amex, MasterCard, and Visa. Authorize.net allows you to accept payments through a variety of processors, which in turn enables retailers to accept payments from PayPal, Apple, Google, and most major other credit cards.

iPhone payments are at the highest:

These services allow retailers to accept payments from some 383 million iPhones worldwide, with an estimated 43 percent of iPhone owners using Apple Pay. Authorize.net payments are accepted by the majority of popular e-commerce platforms, including X-Cart, Magento, and Volusion. It is a rage in the world of globalization by making the online platform go completely cashless transactions.

The authentic access of Authorize.net:

Authorize.Net allows you to set up payment processing directly, but the company is best known for its feature-rich gateway that can integrate with other merchant account providers. The best way to use Authorize.net is by Visa. When a customer places an order on a merchant’s website, the payment gateway securely captures the customer’s payment details. It encrypts them for transmission to the financial institution for processing. The financial institution then validates the payment details and either approves or declines the transaction.

The advantages of Authorize.net:

Moreover, the eCommerce site is to have a merchant account, in which case the plans begin with the Payment Gateway Only option. It has no setup fees, monthly gateway fees, or transaction fees. As well as a daily rate per lot, Authorize.net has been in business since 1996 and now processes over a billion transactions per year. Once the transaction is officially agreed upon and empowered the payment gateway provider transmits a notification substantiating to the merchant.

Best Payment Gateway in India and their pricing

Payment gateway pricing is usually based on the type of transactions the business is doing whether it is online or in person. Needless to say, even commercial sales, revenue consistency, transaction frequency, and markets served are considered while pricing the payment gateways. Moreover, payment gateway providers have different sets of rules from one nation to another. You can go through them individually for your clarification.

The charging of particular fees:

Payment gateways and merchant accounts charge a variety of fees, which may include monthly fees, flat transaction fees, variable fees based on a percentage of the amount, and additional fees for things like chargebacks, international card payments, etc. these fees differ from one payment gateway service provider to another. Each payment gateway provider has its way of charging fees.

Awareness is required regarding the fee structure:

While some payment gateway providers charge static fees for domestic and international trade, be aware that services like Amazon Pay charge more for “cross-border” transactions. You can search the web world to get more and more information about the fee structure which might differ from one provider to another provider. The payment gateway securely captures the customer’s payment details.

Other than payments what else are best payment gateway in India capable of?

Payment gateways can also process direct transactions using alternative payment methods, including ACH payments, bank-issued debit cards, or even cryptocurrencies. Typically, payment gateways are used in e-commerce, although a growing number of brick-and-mortar stores have adopted them. The payment gateway is acting as a bridge that is covering the gap between the merchant’s website and the financial institutions.  

The world of virtual currency:

It is mainly due to the ease of transitioning from cash to virtual currency and online wallets that payment gateways are taking the front seat in any type of money transfer. India is going towards cashless transactions as time is moving on towards the usage of Artificial Intelligence. We are developing and emerging as a fast-paced economy. Moreover, the illegal printing of notes can also be brought under control through cashless transactions.

The deserving protection you receive:

If you are a business owner and you have an e-commerce account then, these features protect you and your customers from scammers and any form of illegal stealing of money. Redirect gateways are handy for small to medium-sized online business owners. These startups and small-sized businesses can simply take advantage of the security and simplicity of a major online payment platform like Cashfree payment gateway.

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