Your Customers Want to Pay You Online. Are You Ready?
India processed over 17 billion UPI transactions in a single month in 2026. Customers now expect fast and easy digital payments.
However, many small business websites still lack payment gateways. This leads to lost sales when customers cannot pay instantly.
What Is a Payment Gateway?
A payment gateway is a system that allows customers to pay online securely. It connects your website to banks and processes payments within seconds.
Supported Payment Methods
- UPI
- Credit/Debit Cards
- Net Banking
- Wallets (Paytm, PhonePe)
- EMI
- Buy Now Pay Later
- International Payments
Documents Required
For Individuals
- PAN Card
- Aadhaar Card
- Bank Account Proof
- GST Certificate (if applicable)
- Business Address Proof
- Website URL
For Companies
- Certificate of Incorporation
- Company PAN
- MoA & AoA
- Board Resolution
- Director KYC
Top Payment Gateways in India
| Feature | Razorpay | Cashfree | PayU |
|---|---|---|---|
| Setup Fee | Free | Free | Free |
| Transaction Fee | 2% + GST | 1.6–1.9% + GST | 2% + GST |
| Settlement | T+2 | T+1 | T+2 |
| Best For | All businesses | High volume sellers | High-ticket products |
Razorpay
Best for most small businesses due to ease of use and strong features.
- Easy setup
- Fast checkout (Turbo UPI)
- Payment links
- Subscription billing
Pricing
- 2% per transaction
- 3% for international payments
Cashfree
Best for businesses needing lower fees and faster settlements.
- 1.6% starting fee
- T+1 settlement
- Strong refund system
PayU
Best for high-value transactions and EMI options.
- Strong EMI support
- BNPL integrations
- Fraud detection
Which Should You Choose?
- Razorpay: Beginners and general use
- Cashfree: High volume businesses
- PayU: High-ticket products
How to Set Up Razorpay
- Create account
- Complete KYC
- Add policy pages
- Integrate with website
- Test payments
- Go live
FAQ
Do I need GST?
No, but it is recommended.
When will I receive payments?
Usually within 2 days (T+2).
Can I use without website?
Yes, using payment links.
Conclusion
A payment gateway is essential for modern businesses. It improves customer experience and increases conversions.
Let Vilva Business Help You
Vilva Business helps set up secure payment gateways with complete website integration for Indian businesses.
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